Turn the Plan B - You get the biggest sell close from 520 Highs I have already Put Question Mark for Incompleted Wave -Y that means I was still expecting this fall as suggested when the last idea on Tata Steel was published because I was waiting for Index to crash when it started moving in explosive manner on 20th Sep 2019 on account of Corporate Rate Tax...
WATCH OUT THE LEVEL'S MARKED ON CHART AND TAKE A CALL ON BREAKOUT.
As per chart ..am bullish
This chart is making Higher highs, if is is able to break 320 in coming few sessions, it can reach upto 420 in a few months. We can consider 320 as a for a short term target
Hello, As I have mentioned in my Bank Nifty Weekly post, Bank Nifty chart is stronger than Nifty. 1st Major Supply Zone @ 31375-31475 1st Demand Zone @ 30900-31050 2nd Strong Demand Zone @ 30600-30660 Neckline @ 30500 I am not expecting tomorrow BNF will sustain above its first supply zone. If it will sustain then I will plan for a long trade. On the downside,...
Tatasteel, after the breaking out of the falling price channel on weekly, price is again re-testing the falling price channel. On Daily chart price is below the 0.382% retracement level of (w3) which is at 459.10. Today's low is so far 450.65. Wave 2 ended exactly at 0.382% (W1) at 382. If price holds a falling weekly channel re-test level, which is around...
NIFTYis within a rising wedge in its long term monthly log chart looks like the squeeze within the wedge is on.. breakdown below the wedge will be an end for this move and will be followed by a deep correction.. Also there is clear monthly RSI triple divergence ..
Hello, On the weekly chart, BNF broke major Demand Zone @ 29850-30250. On a weekly basis, if it will sustain below 29850 then it may be seen 29500-29000-28500. The downtrend may reverse if it will sustain above 30250. Otherwise, every bounce will be a selling opportunity. Tread Well.
Hello, On Nifty weekly chart major strong demand zone @ 11580-11430 and strong Supply Zone @ 11830-11960. I am expecting the Nifty trading range will be between these zones. Nifty Trend Line Support and Resistance area is getting narrow. In the coming days, I am expecting the Nifty in a wide sideways range.
Super Excited to Start This Idea with Marathi Musical Piece - Ghan Othanbun "Yeti" by Legendary Singer - "Lata Mangeshkar Ji" which compliments by Blue Microphone "Yeti". Thanks for your precious time & I wish all of you a lovely & terrific week ahead. Trading Strategy Plan A – Getting an opportunity close to 12200-12225 – Buy with strict stops below...
The chart speaks for itself. CMP - 12250. Reversal around - 12400/12350. Target - Minimum 1000 points (Not immediately but definitely) Reasons: - Nothing good fundamentally - Global slowdown - Too many overvalued companies This is just my point of view. Please do your own research before initiating any trades.
previously posted HS goign to complete formation
NIFTY formed an ominous Big Red Bearish Bar near the trendline at the top. refer to the idea posted a few days before. looks like a top is formed for sometime. we might have a pullback towards the budget but i dont see todays high being taken out