SELL BELOW 10850-860 FOR TGT 10773-10722 STOP 10870 ABV.. (I MAY BE WRONG.MY PERSONAL VIEW) EDUCATION PURPOSE ONLY I AM EXPECTING HUGE FALLING ON NIFTY..LETS SEE..
a perfect Doji in reliance daily.and near a channel top too. a short can be initiated with small SL. RNR favourable.
SELL BELOW 813 FOR TGT 760/730/673 (EDUCATIONAL PURPOSE ONLY)
buy above 880 for tgt 950++ or sell below 825 for tgt 770/730++
on monthly scale we saw a bullish harami candlestick formation in nifty . we tested the low of that candle this month i.e 10350 going forward its clear we have very very strong support at 10350 level. we have been always vocal in our past posts about buying nifty at lower levels for a new high. same strategy will be used in future- buy on dips with sl of 10350
A Hammer Candlestick (Inverted) has been formed. Gap down and down below 200 DMA are certainly bearish. All eyes are fixed on poll results to be declared tomorrow. Exit poll results have shattered the market sentiment. Tomorrow will be a volatile day as the counting starts. Moreover, resignation of RBI Gov. may not be a good thing. Market will not take it with ease.
Almost both targets are made given previously. Today a Hammer Candlestick has been made depicting indecision. OI Table may give us some idea. 620 Put is the highest OI, second highest OI is 670-- strong uptrend. 700 Call is the third which is posing as the immediate hurdle. Above 700,720 is the target.
638 is crucial -- 200 DMA. Today price reached 200 DMA backed by Long Legged Doji Candlestick and Positive Divergence. If this level is held, price may give a breakout above the trendline then price may head towards resistance levels as marked on the chart.
A small negative divergence and price is cutting down from resistance of Trading Gap and 200 DMA. The Candlestick pattern is of Three Black Crows which has bearish implication. Expiry week is here and now. Volatility may haunt the sentiment. OI Table provides some insight. Bulls are holding onto 10000 Put OI with reduced quantity. Bears have built their position...
24-10 THIS FIRST DAY STOCK HAS SHOW SOME FIGHT BETWEEN BULLS AND BEARS , BUT BULLS MANAGED THE DAY ENDED UP NEAR THE DAYS OPEN THIS IS THE STARTING POINT WHERE MARKET EXPECTS SOME POSITIVE RESULTS FROM THE COMPANY 25-10 ON NEXT DAY EVEN THOUGH THE DAY SEEMED TO CONTROLLED BY BEARS, WE SHOULD NOTE A VERY IMPORTANT POINT THAT BULLS DOESN'T LET THE BEARS GO...
Morning star candlestick chart pattern is formed on weekly chart of Yes Bank. Expecting a good up move
Falling channel crossed by bullish candle.. Can it show the scene of 2080? Disclaimer: All posts/views are for educational purpose only..!! Kindly contact financial advisor before taking position/decision -KG
Head and Shoulder in Weekly Candlestick Patterns. Wait until the pattern complete.
TCS - Pitchfork (Educational)
Here is another Example how you can identify the Waves Formation using RSI , this week seems to be More of educational because of Larger scrip have confirmed the Completing of Waves or About to Complete This scrip is making Wave A of Impulse wave 1 ( its My understanding No arguments if you consider different) which is leading diagonal and the formation takes...