AbhishekHSinghCMT
Long

GSFC - 165 -113 Journey - Waves & Bottoms@113 - Did You Jump ?

NSE:GSFC   GUJARAT STATE FER
Frequent Bottoms in so many stocks gave the clue that market is heading where ? If you are a bear -need to manage your risk. As updated earlier that index could be in strong support zone & expect miraculous recovery.

Granuels - Last night, bottoms Image was posted for Granuels@101.25 - Published Video - Cracks 141 to 107 -Feel the magic going one step higher

Image -Bearish Butterfly @141-14th Feb 2018


GSFC Butterfly @125 - 23rd Feb 2018




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Previous Journey 165 to 113

Travelling from 165 to 113 was amazing which was followed in earlier post. Waves gave 2-3 chances at 113 levels -now seen as bottoms so what can we expect next.

Published Post - Journey from 165 to 113 as expected on 8th Nov 2017


Taking a break in 130-135 Zone


Selling the Right Shoulder in 154-155 for 149-146


Target done 112 -115 ------ Actual 113
Trade active: 12:15 Hrs 5th April 2018

Last Price@126

Careful of 125 & Alternate Bearish Bat between 125-127. Have a nice trading session.

Comment: 15:07 Hrs 5th April 2018

Tata Motors Update

Distribution Zone 370-377 Tough Zone - Acting against market takes lot of effort. Motors doing its bearish job in upside market

At 372- 373


At 364- Doing its bearish job
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - India
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
I am looking to Short TATAMO @ around 375-380? Like to know your opinion.
Regards,
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@fromkolkata, Any specific reason for selling in 375 -380 zone only
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best example for double bottom reversal...I missed
+1 Reply
AbhishekHSinghCMT Religare-Begusarai
@Religare-Begusarai, 112 - 115 had so many bottoms - tested once - twice- thrice - four times - five times - six times - Picture started.
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Religare-Begusarai AbhishekHSinghCMT
@AbhishekHSinghCMT, yes...moving towards 140
Reply
AbhishekHSinghCMT Religare-Begusarai
@Religare-Begusarai, Now be careful in 125 -127 as suggested in latest update.
+1 Reply
Religare-Begusarai AbhishekHSinghCMT
@AbhishekHSinghCMT, Pasupati Acrylon Ltd giving same chart pattern
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Religare-Begusarai Religare-Begusarai
Reply
AbhishekHSinghCMT Religare-Begusarai
@Religare-Begusarai, Tracking new stock will be tough for me at the moment. Pardon
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Religare-Begusarai AbhishekHSinghCMT
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