Electricbomber

Electricbomber Updated 

1) Nifty brokedown Head and shoulders pattern = correction mode is ON 2) Head height = 885 points , so support can be found at 884 points below the neckline i.e at 16900 levels - support 1 3) Possiblity of Filling gap of 27 Aug - 30 Aug at Support 1 4) Support 2 at 16150 levels which is also the 200 DMA region

Electricbomber Updated 

December 9th 2021 Nifty resistance = 17600 support = 16700 expecting volatility of 2.7% Up/down VIX = 20 --> Market movements = IV/7.22 = +/2.7% December 30 Nifty resistance = 18200 ~ 5.7% topside Support = 16200 ~ 5.7% downside Expecting volatility of 5.75% up/down VIX = 20 --> Market movements = IV/3.5 = +/-5.7%

Electricbomber

Inverted head and shoulders patter breakout Volume breakout

Electricbomber Updated 

Wait for triangle breakout

Electricbomber

Completed one year consolidation at 52 week high Good fundamentals Build up before breakout at the verge of breakout increasing volumes >1:2 risk reward Perfect swing trade stock Bullish engulfing in Monthly time-frame

Electricbomber

Buy at support levels Sell partially at Resistance levels for swing trading

Electricbomber

--> Breakout with Buildup --> Retraced to 50% of Fib levels -->Trend line Breakout -->Flag and Pole breakout --> VSA Zone successfully tested with High volume -->Support from 50 EMA Target 1 = 2.5 USD Target 2 = 3 USD

Electricbomber Updated 

Looks weak on Daily charts Rejection from Higher Volume POCs 32800 = major support Short Intraday Target = 32400 on expiry day (12th may) Short STBT/ 2nd intraday target = 31660 INDIA VIX on 11th may closed below 20 third lowest in 2021 Despite Expiry day i'm Expecting Bloodbath instead of range bound expecting 800 to 1000 points on expiry