The Control Price basically performing as pivot supports and resistance level on this stock. Therefore, the control price target is 1345 above.
You have seen in the chart, how a previous supports or resistance always give twist reaction so, safe first safe target 1339.
As a trader, start profiting booking from 1339 to 1347.
At value low, and excess plotted in...
Support Zone 11775-11800
Once this zone holds we shall look for upside targets
Target 1- 12000-12040
Target 2- 12125-12175/12185
Extreme Risky Traders
Sell below 11750 for 11700 & Below 11700 for...
Descending Triangle pattern spotted in Maruti. Depth of pattern looks to originate from 7950 towards the base of 6500, forming a considerable 1450 points. Pattern could be considered valid once the price closes below 6500. Further, if the pattern is confirmed technical target would be at 5050 based on the pattern. That accounts for a fall of 22% from 6500. Hence...
While the price is above the support 0.9105, beginning of uptrend is expected.
We make sure when the resistance at 0.9610 breaks.
If the support at 0.9105 is broken, the short-term forecast -beginning of uptrend- will be invalid.
A peak is formed in daily chart at 0.9395 on 06/04/2019, so more losses to support(s) 0.9170 and...
Monday nifty could give a pullback to 11900 and then push down to 11732. as we know 12000 is a strong supply zone. If 11900 closing up then we will see more consolidation between 12000-12050 to 11771 in this upcoming week.
30 minutes chart is showing CCI reversal above -100 and sustaining it. Risk lovers can attempt to buy at cmp 116.5 SL 112. Parallel channel could be formed if counter take support at previous low of 112. However, it will be only very short term buy
Nifty correction may come down to 11485 level as we are expecting wave 5 of wave as our main count which is in progress and going intact. This inner wave 3 is less than 1.618 time of wave 1 and considered as non extended wave , Hence we can expect wave 5 to be extended to 12750 approx.:
w1=10985-10004=981 so 161.8% of 981=1587
Hence w3 could have reached up...