NSE:TATACHEM 672

-Stock at Major breakdown in Head and Shoulder Pattern
-Volume Confirming the breakdown and Price Also
-Now Next support at 625/550
-Resistance at 710/725

Feb Month Marathon Chart Thread 🧵

A to Z F&O Charts 🧵

1. AARTIIND

2. ABB

3. ABBOTINDIA

4. ABCAPITAL

Dow Theory

Thread 🧵

Introduction- Dow Theory is named after Charles H Dow, the father of Technical Analysis. Dow Theory is very basic and more than 100 years old but remains Technical Analysis's foundation.

Charles H Dow(1851-1902), however, neither wrote a book nor published his complete theory on the market, but several followers and associates have published work based on his view from 255 Wall Street Journal editorials written by him.

The Dow Theory is made up of six basic principles. Let’s understand the principles of Dow Theory.

1. The Average Discount Everything

The market Price takes everything into consideration, all of the time. The value of the stock price, for example, reflects all investor sentiment –the hopes, fears, concerns, optimism, and pessimism – of all its participants.

Top 10 Websites to Put Alerts!!

Coming Soon!!

NSE:RADICO 950

1. Stock given breakout in Symmetrical Triangle Pattern
2. Volume and Price both confirming
3. Next level to watch 1100-1300 levels
4. Support near 900/930 level.

#TechnicalAnalysis #Stocktowatch #StockMarket

NSE:KABRAEXTRU 237 +12.77

- Fresh Volume build near Cup and Handle Breakout
- Support near 210/215 level
- Next level to watch 285/315+

NSE:ADANIPOWER 124.00

-Stock perfectly moved 70 to 124 level as per rectangle pattern
-Now Support is near 90 Level
-Next level which will play important role in the future is 140 level
-Volume and price buildup saying stock may reach to 140 resistance level!

F&O Breakout Stocks for Coming Days

1. Eichermot
2. Havells
3. Icicibank
4. Navinflour

@caniravkaria @rachitpjain @nakulvibhor

Cash Breakout Stocks-

1. Galaxysurf
2. Asiantiles
3. Kabraextru
4. Tdpowersys

Positional Breakout Chart

NSE:JKLAKSHMI 456

1. Breakout in Descending Channel Pattern
2. Strong Volume in last Two Days
3. Upcoming levels to watch 540/630 level
4. Support near 430/420 level.

#TechnicalAnalysisWithMrChartist

29 March 2022 - Study

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