NSE:HCL_INSYS THE SCALE IS NOT LOCKED, ZOOM ACCORDINGLY WHEN NECESSARY In the daily chart.. A potential bullish cypher is due completion... this is a point of good long entry planned.. The other long entries are planned in phase c and d as mentioned.. the Markup target is a conservative one, and will be updated once the base formation i done.. here is the...
Disclaimer..Invested, no trading for last 3 years in this scrip.. Not an investing/trading recommendation The next events will be updated below as it goes, presently phase C is going on, there should be a transition to phase d with the correction expected and LPS formation.. I nfo about wyckoff's schematics can be found out in this famous description by Jim...
Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
Go Long with tata motors. Chart is for education purposes only. Views are always welcome!
I have not posted educational posts for a long time. This post is for observation as I have already posted analysis for tatasteel yesterday.
i personally think that investing can generate wealth only if you select a good buisness at a good time and not a random choice will give you gains ..
there was a sharp retracing from the line of good demand and close above another line shows SOS.. this bearish cypher most likely will fail to reverse the uptrend and it will test the line above... i have a feeling this will even cross it, the advance has such a massive volume, if this big spread on the advance is reversed of then the demand is most likely to...
1. currently trading between 100 and 200 candle SMA . seems like 200 reject price and in past we don't have such good support at lower level near 50 SMA so retest that level we can short sell this one. Target is 61 % then SMA of 50.
NSE:CNXCOMMODITIES Bullish divergence with macd will power up the price, but before that the harmonic impulse play will cause a correction as being expected, 3 levels of bounce based on the fibonacci supports have been selected... the target for all is initially the outer line of the pitchfork And if beyond that then the resistance level In between there is the...
I am not a bear..I don't want market to go down BUT it is what it is and we have to follow the trend AND the current trend is down..right? So whatever targets we project will be on the downside. The 50% retracement has been an important reversal area in the past corrections.. see my older posts, so we can assume that it can act as a solid support in this downfall...
#1. Double BOTTOM Reversal #2. Projected Bearish SHARK: Last LEG in Progress. Rest mentioned on Chart. Education Purpose only. For trade decision consult with Financial advisor.
Titan is about to form a XABCD harmonic pattern when it reaches around 920. Earlier during January it has reversed around the 920 range. So it can be a short candidate. Trade has not yet triggered.
Details on the chart, it's very interesting. Draw a triangle for the previous bull rally, copy & paste it on the current bull rally. It fits perfectly. The previous bull rally from Feb 2014 to March 2015 took 393 days and NIFTY went up by 3185 points. The recent bull rally from Dec 2016 to Jan 2018 took 399 days and NIFTY went up by 3277 points. The correction...
Hi All, Let's quickly get to the charts. I can observe a Bat pattern completed at 10180. This could be taken as a reversal trade setup with traditional targets at 10295, 10330 and 10365. So If this setup works I would be passively bullish for the above conservative targets. Only on break and close above 10420 (on this chart), I may again play for 10600....
Three things are very popular in TA: W and M shapes; Fibonacci levels; and Elliot Wave. And these three are the building blocks of Harmonic patterns. It has been observed that the frequently occuring W and M patterns have fixed levels of retracements and projections for each leg. And it is those fixed levels which differentiate one pattern from the other. So the...
NSE:TATAMOTORS Daily chart. A to B leg extended beyond 0.618% (Golden ratio) n retrace to 0.786%. Not a perfect ABCD pattern. But one can watch once if it crosses 440 levels. for the target of 500.