Am not registered with SEBI as Advisor. The tips are purely a view point and there is no guarantee on the returns. Hence all the members are requested to apply their prudence and consult their financial advisor before acting on any of the recommendation
Kotak target are Target 1 - 1350 and Target 2 - 1367. Any break above 1367 will take the stock up to 1417.
recommended for Short team trading not for intraday
Bearish Alt AB = CD (1.13 Ext.) Can Short at "TFZ / HZ #1 => 11342.7 - 11361.5" (Spot) / 11363 - 11377 (Fut) Can Short at "TFZ / HZ #1 => 11342.7 - 11361.5" (Spot) ...levels plotted 7 mentioned in Chart. Some important Data: PCR: 1.38 (Over Bought 1.4 - 1.7) RSI(14): 73.99, RSI(9): 66.75 BB: Closed Above BB IndiaVIX: 12.31 (Prev. - 12.03)...
Next Level to watch 11346 - 11360 (as major Selling Pressure) Advantage Bulls: PCR: 1.38 can Go 1.7 - 1.8 RSI(9): 66.75, Short Term Momentum Lift to 75+ IndiaVIX: 12.31, Yly LOW: 9.2575, One year Ago: 11.17 Monthly Historical DATA. (NEXT "UP") Advantage Bears: PCR: 1.38 Reversed to 1.05 - 0.85 RSI(14): 73.99, (Over Bought) IndiaVIX: 12.31 (Prev. - 12.03)...
Considering the retracement zones, a bearish grip could pull the Nikkei to near 18k price points. The Yen is losing it's haven-like reputation with Japan's national debt on the rise at almost 2.5x of GDP.
The S&P500 seems to have tested the upper channel of the bullish range. It should correct to 2450-2600 soon. Anything below 2400 would be a change of trend from bullish to bears taking charge.
the stock i personally feel bearish but yet just to mention levels and to remember them placing the idea here so as i can revisit and keep a check of what is going right and vice versa!
I am very bullish on Kotak ; on 02-04-2018 this has given a very spectacular buy entry and still continues . Really happy to introduce the power of this indicator.
Hi all, So finally we broke out of ranges. But the problem is that we are not consolidating, which recalls me of a saying "the quick you gain, the quicker you lose". Yes, we are in strong momentum and everybody is in breakout euphoria. But there has to be a point of saturation, which I suppose is near 11033. I don't say that it will be the end of this rally but...
I believe that this month could decide a clear direction for us. This week it had a breakdown below 10700 support level and an important trendline (of course signs of bearishness). But the Friday's pullback was as strong as the breakdown. To my surprise there was no sustained reaction from 10700 and it managed to close above support. What Next? Scenario 1 : We...
Hi, Thanks for your response to my previous post which actually made profit for some traders. Expecting similar response for this post too. So the rally did come, as per expectations, which took the index from 10701 to 10809 in just two trading sessions. However, it came back to the same level of 10711 and faced a hard push to 10837. Was it just short...
Hi In my previous post on the index, I presented a bearish cypher and three levels on the chart. The first and second levels got hit while the third one has not. It made a low at 10417 right at the 50% retracement level mentioned on the above post. Since then it has been reversing. What do I expect now? What I see on the chart is the formation of another...
Hi, Publishing a bit late in this downmove, but we 'll discuss few opportunities on the downside. First of all Nifty managed to close above 10785, did not hit the 11000 target but 10929 instead before the giant Cypher nibbled the bullish move. We might have some downside left in this move but perhaps this is not the place to short. Traditionally the first target...
The Bat Pattern Market Strategy The Bat Pattern Market Strategy has been tested across different asset classes (currencies, commodities, stocks and cryptocurrencies). We recommend that you take the time and backtest the harmonic bat patterns strategy before attempting to use this advanced pattern in your trading strategy. How to Trade the Bat Pattern The bat...
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