Called the top two months back. Knew that it was dipping. Posting it now cause didn't know about publishing back then! :)
DXY Index dipped from where I marked it. Let's see where it reaches! :)
It looks more weak as it closed below 52W Low. it may fall further and it has already given poleflag breakout around 78 levels. hoping for oil demand growth, we can set for lesser targets. it may go upto 70. if still not able to reverse it may go upto 62 levels.
DEEPAKNTR failed to make Higher High after making a new 52W High. If DEEPAKNTR opens below today's close price and closes in Red, then it may try to break the support line. then it could retest 490 levels followed by 430 if not able to sustain above 490. it made a reversal pattern at high
BIOCON is consolidating in 345-367 range for the last 10-12 sessions, breakout of either side given a very good momentum. put this in your watch list. Closing above 367 on daily basis gives a very good momentum towards upside. similarly downside as well 345 acting as a support, if it breaks it go upto 300.
NASDAQ is moving perfectly within a rising wedge. there is a gap above which will act as a resistance.
NIFTY has broken the channel in which it was moving up also the gap due to island reversal level and the trendline from below will act as tough resistance unless a big trigger breaks it above. restest of gap is possible
Breakout os done and see strong uptrend till 4500
Om Namah Shivay Trying time co-relation between bars, important bars. Just a practice page. From tests, getting incomplete conclusion. Few things on the chart are self explanatory. Nothing more is explained here. Om Namah Shivay means "I (the soul) respecting to SupremeSoul Shiva" What a brahman understands about self ? Ans - I am a soul, the son of Parampita...
MTF Moving Averages helps determine the direction of the lower time frame. (Crossovers) In the picture: Monthly Close 1 Weekly Close 2
Om Namah Shivay One astrological testing practice sheet. Testing the retrogression of planets. As per W. D. Gann. 60/30/15/10/5 are the cycles. 5 year cycle is the 30 degree cycle. Today testing the retrogression of planets in May and the 5 year cycle comparison. Not much is explained in the chart. Om Namah Shivay