NSE:HDFCBANK getting ready to break year long consolidation. Can go manyfold in Wave 3 & 5 higher.
The global market indicates a negative start. Market nature is neutral to slightly bearish. market may open a gap-down. After the gap-down, if the market takes a pullback without breaking the previous day's low, then we will expect range bound market to pullback continuation. On the other hand, if the market breaks the previous day's low, then we will expect...
The global market indicates a negative start. Market nature is neutral to slightly bearish. market may open a gap-down. After the gap-down, if the market takes a pullback without breaking the previous day's low, then we will expect range bound market to pullback continuation. On the other hand, if the market breaks the previous day's low, then we will expect...
Ramco cement might form inverted head and shoulder in weekly and might give good up move in coming days... This is just my view please make your own analysis and trade safe..
17 Nov 2022 11:34hrs Larsen & Toubro CMP 2051 Heavyweight LT, 2 months of consolidation BO with huge volume was seen in the stock in the last week of Oct 2022. Consolidation/RT of BO for 3 weeks has been witnessed. Summary - RT & Fresh BO from the VAH zone - 2 Months of accumulation - Approaching major resistance place around 2078...
Tata Power might fall till 159 which was high in dec 2007 which might now act as strong support.. if it breaks 159 then it migh touch 143 in coming days, can try to sell near 224-225 sl 228 Findings: In weekly it might make H&S and make A=C, with rsi divergence In daily time frame, in last leg it has rejected at 0.5% Fib level and also rejection from upper...
Wave 5 seems to be completed can expect wave A downward can give about 6.3% , SL is necessary which can be kept 1.17% above.
The global market indicates a positive start. market nature is slightly bullish to neutral. The market may open a gap-up and if the market declines after the gap, we expect a minor correction. It takes a minimum 23 to 38% correction wave. On the other hand, if the opening market declines sharply, it will take correction mode, it may take 38 to 50% fib correction.
The global market indicates a positive start. market nature is slightly bullish to neutral. The market may open a gap-up and if the market declines after the gap, we expect a minor correction. It takes a minimum 23 to 38% correction wave. On the other hand, if the opening market declines sharply, it will take correction mode, it may take 38 to 50% fib correction.
Gnfc might retrace till 650 of 0.618 or break that as well and then continue the down side. Can try to buy at cmp with Target of 632-650 and sl 591 Observation: After fast down move trying to retrace slowly.... In retracement it is moving up & trying to take support at 0.618 and move up till 650 Possibility to make A=C till 650 Trend line might also support...
The global market indicates a neutral start. the market nature is neutral to slightly bearish. the market may open flatly, also both patterns say neutral sentiment. So we will take a position after the pattern breakout. If the market breaks upside, then we will expect a minor pullback. after the pullback market sustains, then we will expect pullback continuation...
The global market indicates a neutral start. the market nature is neutral to slightly bearish. the market may open flatly, also both patterns say neutral sentiment. So we will take a position after the pattern breakout. If the market breaks upside, then we will expect a minor pullback. after the pullback market sustains, then we will expect pullback continuation...
Looks like crude oil is in complex correction which has crossed 100% and might touch 1.27 (5914) or 1.382 (5593) level and reverse.. Possibilities: 1. It might take support at 5854 level which is 0.786 retracement level from recent low-high 2. It might take a support at lower trend line which is coinciding with 1.27 level. If sharp move from 5914 or 5593level...
The global market indicates slightly negative start. As per the structure, the market nature is bearish to neutral.The main event in the market today is the RBI MPC (10.00am). Hence, there is a high probability that the market will move based on that event. But technically we say market may open neutral if the market takes support around (Nifty 18600) then we will...
The global market indicates slightly negative start. As per the structure, the market nature is bearish to neutral.The main event in the market today is the RBI MPC (10.00am). Hence, there is a high probability that the market will move based on that event. But technically we say market may open neutral if the market takes support around (BN-43031) then we will...
Looks like crude oil is in complex correction which has crossed 100% extension and might touch 1.27 (78$) or 1.382 (74$) level It is also trying to take support at 79-78 level which is 0.786 retracement level from recent low-high below that can touch 78 or 74 level in coming days... It might also take support on long trendline 75$ If sharp move from 74 level...
Tatamotors looks like making head and shoulder pattern in 5&15 time frame can try to buy cmp With Target of 436 sl 426-425
The lead lag between the currency pair and Nifty can give lead indications of a trend change in the offing. A new high in USDINR in Oct not confirmed by a new low in Nifty was a bullish indication, but this week a new high in Nifty not confirmed by a new low in USDINR is a bearish indication.