sandeep2909

sandeep2909

Wave 1 which started in 1970s seems to be over with wave 5 reaching 2140 levels. Internal wave counts of wave 5 also tell so (from hourly to daily to weekly to monthly) all wave 5s are over The sharp correction from 2148 levels just confirmed my view. My calculations may be wrong if Gold sustains above 2150 for a week Wave counts from wave 4 (sep 22) Wave...

sandeep2909

Bullish as long as 18133 holds which is wave 4 low; once broken the price structure would provide confirmation 2 alternative wave counts are shown. purple one has price action completed; whereas green one can potentially be an ending diagonal which as per fibonacci ratios can end around 19500. If this happens; intermediate wave (B) would have completed and post...

sandeep2909

Ideal is self explanatory Stock seems to be in strong grip of bulls as breakout level tested with low volumes Head & Shoulder, LongTerm trend-line & seemingly ascending triangle breakout A good level to buy CMP 184; SL 159 closing basis; H&S target 280 Lastly near RSI trend line support Disclaimer: This analysis is for educational purpose only. This is...

sandeep2909 Updated 

Dow PRZ 20750-20880-20920

sandeep2909 Updated 

GAIL PRZ 95.0 to 95.7 SL 93 tgt 99/103/109

sandeep2909 Updated 

Major correction / fall expected - reasons / analysis 1) Head & Shoulder break down on daily charts 2) Divergence (RSI & MACD) in weekly charts 3) Evening star candle formation 3 weeks back & 2 weeks of rejection and fall this week 4) Monthly trend line (in blue) broken from top - trend line is valid since year 2000 (19 year) Please do your own analysis

sandeep2909 Updated 

Looks like it has consolidated & candle patterns suggest major fall till around 980 once it break 1050 I would place SL at 1100 I am an amateur & my analysis may completely go wrong - would request experts to provide comments

sandeep2909

Long-legged doji with downtrend - broken Ichimoku Cloud on weekly charts... expected to have sharp fall