Hind Petro - Oily Crab - Good for Health-Just Rs 295-297Note - Pardon me - Only Non Vegetarians are allowed to see the stuff - Just kidding- It is just a piece of analysis.
Plan to buy the oily crab, can be good for health for 295 -297 zone as it is highly negotiated price zone - if you get it could be awesome just remember -prices should not dip below 290's as precaution.
Trading Strategy
Plan 1
Buy in the zone 295 -297 with strict stops below 290 for target 320-330 & Higher in coming days
Plan 2
Buy in the zone 312 -315 if holds & spends some time dancing in that zone with strict stops below 310 for targets 320-330
Plan 3
Buy only above 320 for target 330
Plan 4
Sell if plan 3 target done & returns below 330 & holds below 330 for target 320 - 315 - 307
Best Regards
Crab
NIfty - Target 10000??I could be very wrong... but this is a possibility.
Please note that this analysis only addresses Price and not Time. I don't know when these levels will happen but I do think they will happen. Nifty could drop to about 100000 before rising to 12000+
The fact is that fundamentally our economy is getting into deep trouble with crude rising, the Iran issue (India is the biggest crude importer in the world), the falling Rupee , FII money flowing out, balance of payments issues, pre election handouts leading to greater inflation, plus other socio-economic problems and potential socio-political instability.
There could be interim opportunities for Long positions but the major trend is down till about 10000.
As I said, I could be wrong but that's how I think right now. Thought I'd share my opinion.
Learning Wyckoff Methods-Tracking The beast HDFCBAnkDisclaimer..Invested, no trading for last 3 years in this scrip..
Not an investing/trading recommendation
The next events will be updated below as it goes, presently phase C is going on, there should be a transition to phase d with the correction expected and LPS formation..
I nfo about wyckoff's schematics can be found out in this famous description by Jim Forte-"Anatomy of a Trading range "
static1.squarespace.com
Mr. Crab is the on Way !!So Crab Pattern is Taking Shape !!
and Potential Reversal Zone is Already a Strong Resistance Zone
So Lets Wait !
IF and ONLY it Take a Shape.. Test PRZ top Line
Hit the Sell Button !!
wish you Luck !!
Stop Loss
and 1st Target and 2nd Target is on Chart.
n I have Already Shown a Resistance Zone
Happy Hunting ;)
FX:AUDUSD
A POTENTIAL STEADY FUTURE COMPOUNDING GIANT IN TROUBLE - CDSL I will soon do a complete fundamental analysis on CDSL on valuepicker and post the link to my thread here in the updates..
interested investors can track that or further charts in future which will be intermixed with fundamental analysis..
Here there is a potential extension harmonic pattern in formation- the bullish crab pattern, which is a very accurate and strong reversal theme in the charts...
I expect some good news about the kyc business will cause the extreme reversal from the potential reversal zone of the harmonic....
fall in the bond yields also should correlate with the structural reversal and a similar picture is there forming in the bond market...
with more interests in indian equity market from the domestic inflows, this company should continue enjoy the scenario and provide with sustainable cashflows form operations..
Even if the kra business is jeopardized, i am not concerned with loss of cash flow, as i am already discounting in such a 15% revenue loss in my price projection....
The current tension involving this vertical is just giving the opportunity to bottom fish this company at a attractive pricing...
Although the business has no pricing power as such and its pricing is tightly regulated, which in fact a downside to this nature of service sector company, i believe the amount of dematerialization of financial products that is due in coming times is massive , let alone the runrate at which the DPs are adding new demat accounts every year, is enough for sustained cash flows ...
i will discuss the exact numbers and fundamental analysis after completion of my equity research on this company...
bottomline - not a multibagger in making , but a sustained good cagr producing company to my eyes...
Disclaimer.. not invested, researching at present.. not an investing/trading recommendation....
Hind Petro - Deep Bullish Crab Target for 405 - 485 & 500+ Deep Bullish Crab from 325 -330 zone for upside targets 405 -485 & Higher Targets of 500+
Enjoy & Do comment on the post, Can Petro fuel the market - It won't be a surprise for me to look for a new high in Nifty Index above 11171.
Selling Nifty Highs @11105 to 9950 was an amazing downside journey.
Turning exactly from 10975-10980 for 11070 & later 11105 was awesome as discussed in the below idea & taking right U- turn@11105 was even better
Bank Nifty Bearish Deep CrabBank Nifty Bearish Deep Crab
This is Monthly Chart so plan your Trades accordingly
This is for Educational Purpose Only do your Own Analysis before jumping into trade
Remember SL is 8.33% So Beware!!! You have been Warned
These are not Futures level
Short once Bank Nifty closes below 24000 with 26000 as closing basis SL
T1 - 22043
T2 - 20394
T3 - 18745
Nifty 50 Bearish Deep CrabNifty 50 Bearish Deep Crab
This is Monthly Chart so plan your Trades accordingly
This is for Educational Purpose Only do your Own Analysis before jumping into trade
Remember SL is 6.5% So Beware!!! You have been Warned
These are not Futures level
Short once Nifty 50 closes below 10000 with 10650 as closing basis SL
T1 - 9512
T2 - 8999
T3 - 8486
SOUTH INDIAN BANK FINALANDREW PITCHFORK+BULLISH REVERSE DIVERGENCE+BEAR CRAB+BULL CYPHER IN FORMATION
1.Andrew pitchfork- reflection from the median line and heading back to the outer red line
2.A bearish Crab leading to the formation of a bullish cypher which is to be completed when the price touches the outer median line of the pitcfork. The cypher also completes at the 0.618AX of the bar crab and is presently being supported by the 0.382AX of the bear crab ..
3.the cypher will launch the bull trend whose resistance level is 0.618DC which matches the green 382 line of the pitchfork , thus it can be said it is a true resistance the price would feel on the upmove..
4.Further upmove is expected as the median line acts as a price magnet , and the point of touch of the median line is expected to be the 1,618XA o the bear crab we just had formed...
DISCAILMER... this is not an investing/trading advice..
3 harmonic possibilities, depending on the B point formationThe over all bearish trend still prevails...
The B point reversal will test the validity of the analysis, in breach of which will become invalid..
I am expecting the back outline Bullish Deep crab to take effect, as there is a support at that predicted B point...
The plan is to short as high as possible and keep averaging, to ride the CD down leg...
Discalaimer..this is an attempt to prediction of possible harmonic formation... not a trading/investing advice...
this deep bull crab might be playing it....Prediction of prediction..
Just an attempt to find the higher highs to short/sell..
The B point must be formd first with reversal, breach of which invalidates the structure..
The current B point is highly expected as that is a support level, according to traditional pivot support system
Disclaimer, this is not an investing/trading advice..
Nifty 50 Bearish Deep CrabNifty 50 Bearish Deep Crab
This is Monthly Chart so plan your Trades accordingly
This is for Educational Purpose Only do your Own Analysis before jumping into trade
Remember SL is 7.5% So Beware!!! You have been Warned
Short once nifty 50 closes below 10000 with 10750 as SL
T1 - 9512
T2 - 8999
T3 - 8486