Technical Bullish: EMA 5/20 Cross over and EMA 50 lying below the price. Stochatic on bullish upside. MACD bullish crossover and above the '0'. RSI above 50. Trade: (Spot Price) Buy above - 8230 Target 1 - 8245 Target 2 - 8270 (Safe Traders cover 100% & Risk traders cover 75% at this level) Target 3 - 8290 (Risk Traders only)...
Gold - XAUUSD is Possibily forming an Ending Diagonal in a Wave c of a-b-c correction which will also potentially complete Wave B or 2 of larger Wave Count completing the correction of over all rally from 1150 to 1375. Gold has corrected in a 3 wave decline and is not around 61.8 fib retracement levels. MACD is giving Divergence on smaller timeframes 240/60 giving...
Cup formation on Nifty 1hr chart. Trade (on spot) Buy above - 8255 (spot) Target 1 - 8285 (spot) Target 2 - 8317 (spot) Target 3 - 8347 (spot) Stop Loss - 8210 (spot) Reward Points - 92 Risk Points - 45 Note: Price quoted here is spot not future so please trade accordingly..
Cup formation on Sunpharma at 1hr chart. Trade: Buy above - 677 Target - 685 Stop Loss - 672 Reward Points - 8 Risk Points - 5
The Bullish Harmonic pattern completes at ~170-171 levels where one can look for long opportunity. *The view negates on a break below 166.
* Bullish Harmonic > Longs around 430-436 zone > View negates on a close below 410
Crude OIl Weakly Chart Show Head And Shoulder Pattern Trade Only Close Above Neckline Storg Up Move Crude Oil My side Target $61... $66... $73.. HAPPY TO HELP
Last week was a hectic schedule for the official presentation -so could not answer most the guys. Let us solve the puzzle. Excited to see the way it is developing- going above 8210- larger wave-(2) will continue & shall give us y-wave to finish this larger corrective sequence- wave-(2). The depth of the wave cannot be determined in current state & its shape but...
Nav downtrend has ended . navcoin.org navcoin.org navcoin.org
Nifty highly oversold. a nominal bounce will get us in green
* Channel Support * Bullish Harmonic * Oversold RSI *View negates on a close below 600
First of all, taking lessons from history, some similar sort of pattern/retracement took place. Here, I have tried to match the fibonacci pattern that was evolved in 2008 with present pattern. In 2008, reversal was shown right at 0.6%. So, in present pattern 0.6% shows 8186. This 0.6% retracement level is very much important for future course of action. This level...
We might see rally towards ~3400 post breakout.
TV18 Price movement is bullish with periodic correction giving opportunity for fresh entry. as we see the price is moving in channel pattern with confirmed support & Resistance
How many of you believe traditional patterns like H&S or iH&S wont work? Lets see how Axisbank plays out on Inverted Head & Shoulder. * Retest of Inverted Head & Shoulder * Trendline Breakout
* Rallies stuck @ Fib number - Will Fib series continue? * Channel Breakouts (Red Lines) * Higher or Equal lows @ support line of channel (marked dashed blue)
* Bullish Deep Crab (Black) * At Pitchfork support * Support at 3/1 Gann Fan * RSI bouncing from OS level