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Axis Bank - 570 - 500 - 570? - Ending Diagonal /Flicker Book Axis Motion Pictures Presents ----------------------- "Ending Diagonal " ---------------------------------------- 8th Feb 2018 Last Traded Price@555.50 Current Price @556 ---Axis Bank Intraday looking for a bounce between 562 -565 -gets resistance if holds in the range expect a fall to 535-540 14th Feb 2018 Holding 565 -568 zone (8 points away from 577 - double top our stop loss) falls from 565 to 551 - What a fall 15th Feb 2018 Touches the zone 530-535 - Making Day low@531.35 & What a bouce to 555 -Superb!!! 19th Feb 2018 Last Price@532 - Retest of bottoms in 528-529 can be possible before we see a bounce higher for the day As expected -retested previous low of 528 - Makes double bottom@128-129 zone - expecting bounce from the zone 128-129 Pushed upside from 528-529 to 541 - faced resistance 23rd Feb 2018 Slipped below 528-531 struggle zone - Taking reverse gear for big upside next above 531-533 zone Got the initial push from 525 to 535 - we will still wait to see if this is the larger advance & to hold that view -it should not fall below 530-531 zone 26th Feb 2018 Awesome - Touched 548.80 high for the day as expected in 545-548 at 09:50 Hrs earlier in the day. Above 550 - Extended to 555 as expected zone 555-557 - Looking for resistance can give us downside /move 28th Feb 2018 Last Price@531 - As expected Axis falls from 541.50 to 528 lows for the day. Holding 528-530 zone - shall be looking for a push upside 545-548 completing the triangle below 577 -double tops. Triangle Idea failed as slipped to new lows@520's 1st March 2018 Last Price@524 -Looking higher against 520 lows for 535 - 545-548 6th March 2018 Coming back after holidays- global market had comeback bounce - as expected Axis to jump got initial move to 530-531 from 524 lows holding above 520 lows - we book partial profits & wait outside to join next above 532 or in the zone 522-524 Awesome !!! - Axis slipped from morning highs of 530-531 to 522 .50 lows - we expected zone of 522-524 as update last to join for upside push. In the long side from the day low. Booking Partial Profit in 526-527 - went long at day's low @522-523 - Axis looks to be struggling below 530 levels so we will wait outside 15:11 Hrs 6th March 2018 Bank Nifty cracks 300 points from opening high & Nifty cracks from 10440's to 10250's - What an exit in Axis at 526-527 - Makes new low@516.30 - Looking for a push upside holding 516.50 lows - risky call with strict stops day low --------------Story continues -- 44th Day----------- 23rd March 2018 Ending Diagonal could finish @496.80 & we look for big upside in coming days & open for target of 570-577 which should be done if the identified wedge is completed & we wait for the big excitement in coming days. 5th April 2018 SGX Nifty Up 155 points - Has the day arrived for Axis Bank from 492 lows- Accumulation Zone expected on 4th April 2018
NSE:AXISBANKLong
by WaveTalks
GSFC - 165 -113 Journey - Waves & Bottoms@113 - Did You Jump ?Frequent Bottoms in so many stocks gave the clue that market is heading where ? If you are a bear -need to manage your risk. As updated earlier that index could be in strong support zone & expect miraculous recovery. Granuels - Last night, bottoms Image was posted for Granuels@101.25 - Published Video - Cracks 141 to 107 -Feel the magic going one step higher Image -Bearish Butterfly @141-14th Feb 2018 GSFC Butterfly @125 - 23rd Feb 2018 ------------------------------------------------------------------------------------------------------------------------------------------ Previous Journey 165 to 113 Travelling from 165 to 113 was amazing which was followed in earlier post. Waves gave 2-3 chances at 113 levels -now seen as bottoms so what can we expect next. Published Post - Journey from 165 to 113 as expected on 8th Nov 2017 Taking a break in 130-135 Zone Selling the Right Shoulder in 154-155 for 149-146 Target done 112 -115 ------ Actual 113
NSE:GSFCLong
by WaveTalks
10
Granuels-Cracks 141 to 107- Feel the Magic -Going A Step HigherCurrent Structure Look out for a move above 115 - 125 from the lows@107- 6th March2018 -later for push towards 140-150 - Any move above 150 and 159 shall take the stock to uncharted territory. Enjoy & Good Luck. Exciting Feature From TradingView - Meet the new technicals tab! The gauges never looked so pretty blog.tradingview.com Offerings from TradingView can be checked on the website footer. Last Published Idea Learn about various other features discussed in all previous video ideas.
NSE:GRANULESLong
by WaveTalks
13
Bharti Airtel- Coiling Cracked for 40 points-Cypher in Channel ?Bharti's connection was so puzzled between 407-398 where we witnessed the coiling effect & took advantage of almost every leg inside the coil - 3 times back to back 20 points between 398 to 407 with previous updates like morning star, hidden language & the game of patience - which is our long term update. When the coil unwinded - sharp reaction to downside happened completing all targets -398-393-388 with a bonus gap down move to 375 giving us 40 points + What Next ? There is cypher in the channel & looking for target zone 405-407 -the upper end of the channel which is the point of control & likely the zone which can be retested. How to execute? Look for a pullback to 382-385 zone in next trading session - if you see prices holding in that zone then plan to enter with stops below 377 which shall be the important level- holding that level, we should see minimum push to 395-398 zone & next above 400 for 405-407 zone. Stop Loss 377 should be the stop loss. Long Term View - Game of Patience Short Term Move -Morning Star - Talents & Patterns can't be hidden @398 Short Term Move - Prices Speak@398 - Hidden Language
NSE:BHARTIARTLLong
by WaveTalks
21
BhartiAirtel - If Butterfly Turns Into Cipher@427-(Enjoyed-420)If Butterfly turns into cipher- spelling mistake. Time to open your dictionary & add a new word in your vocab list. Who cares about the spelling mistake & who cares about the doosra (cricket term) till the time they give you results. There is a bearish cypher in the range 425-427 zone & will it confuse to make you clean-bowled like doosra - well I don't know till the time I face a doosra in the field. Yes, If you visualize the danger in time, it can be a blessing in disguise. Previous Update -Happy with the weekend limited butterfly stock - 412 to 425. Be careful next. Earlier Update -What a E Wave 402 to 430
NSE:BHARTIARTLShort
by WaveTalks
3
ALBK -Magical Words-Sim Sim Door opened@66 for 80+ & H&S PatternWe continue with ALBK (Allahabad Bank) as suggested in the previous post that we can plan to buy ALBK if it comes close to 65-66 Zone- Traders should look to buy if it remains above 65 which was our stops downside I have updated previous post twice when it was close to 65-67 Zone - Please say - "khul ja sim sim" the magical door opened & obliged us by holding above 65 -an important level. How this magical word was connected with Technical Analysis. Double Bottom Trendlines Bullish Candlestick pattern Head & Shoulder Double Top next at 73.50 levels - these are magical words - Sim Sim for an analyst in the world of Technical Analysis. Now, let the journey continue above double top@73.50 with post breakout above Head & Shoulder Pattern. Target Measurement Measure the distance from head bottom to the neckline - keep the same distance (in our case it is vertical red trendline) above the neckline so we get target as 79-80 Next. Trading Psychology / Investment Psychology Set of few questions as mentioned below by Dr. Van K.Tharp, which can help in becoming a better trader are "(1) To recognize trading opportunities, (2) To organize your investment information and manage risk, (3)To wait for the right opportunity, (4)To avoid failure thinking, (5)To prevent your personal life from interfering with your investments, and (6)To be responsible for your investment. In addition, the test measures (7)The extent to which you invest to make money compared with other investors and (8)The extent you have defense mechanisms that prevent you from becoming successful. Finally, you can compute an overall percentile ranking which allows you to compare yourself to other investors in terms of your overall investment psychology skills." Clearly, this is valuable information. In fact, simply filling out the form can provide real insight, This can be of real value or insight if Dr. Tharp delivers the analysis for above set of questions - Does he? For this you can refer - Book -Invest Psychology Inventory by Van K. Tharp or You can read the book - " Trading Beyond the Matrix" by Van K. Tharp. Previous Update - Lawyer back in courtroom
ALong
by WaveTalks
6
#Educational 01: Chart pattern spotting Head & shoulderHi, After some request planned to share few TA related stuffs which could help ppl to trade successful. As the famous quote in Trading community "give a man a fish and you feed him for a day, teach a man catch fish and you feed him forever" so what i m doing is teach you fishing. sometime you will catch big fish, sometimes small fish, sometimes no fish, and sometimes your fishing equipment might itself get damaged. But remember everything is part of Trading. you must accept the risk involved and do the right stuffs.. doing right stuffs doesn't mean guaranteed profits. sometimes even after doing right stuffs we need to accept loss as what we do is business and not gambling. So trade wise.
NSE:NIFTY
by koolshanin