Bearish Bar after a Doji confirms trend continuation.
Doji and subsequent bearish bar forming at support levels which shows the support will be broken.
T1 - 861.43
T2 - 851.96
Triple divergence noticed in stochastic pattern NSE:MOTHERSUMI showing a clear weakness in stock. There may be a recovery up movement on Monday (due to Friday's heavy fall) that can take stock upto 325 level. SELL it (323-325) and aim for target of 310 (T1), 298 (T2), 279(T3).
Is BLOOD Clotting S.T.A.R.T.s in Dow Jones?
Signalling or can say Indicating Trend Reversal
If happens ......... Partially Possessive for Indian Market too.
Disclosur: Information shared here can be my view or real trades.
As i am not SEBI regd. analyst, Take this information as study/education purpose only.
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Green trend lines represent the slightly longer term trend while the red lines show the short term trend. MACD negative divergence shows the down trend is running out of juice. Fibonacci trend (long term) had a slight 0% breach but bounced back. This has led me to believe NIFTY will test the resistance and touch levels from 10380-10400 before coming back down. RSI...
...... Spot & Future Intraday, future Weekly Levels plotted & mentioned on chart.
Important to WATCH: Narrowing Bearish Gap as Made HIGH 25226.05
"NOW Bearish GAP BTW' 25356.4 to 25226.05"
Possibility to Fill.
Trade as per Specified level with description.
FUTURE Trader Should take position with Hedge strategy.
Disclosure: Information shared here can be my...
...... Levels plotted on chart.
Disclosure: Information shared here can be my view or real trades.
As i am not SEBI regd. analyst, Take this information as study/education purpose only.
If Useful Like & Share.
...... Levels plotted on chart.
Disclosure: Information shared here can be my view or real trades.
As i am not SEBI regd. analyst, Take this information as study/education purpose only.
If Useful Like & Share.
View Summery of 01st Mar 2018:
#1. Made High 10525.30 in Opening 15 min Candle, but closed below Mentioned RES. line.
#2. Re-attempt in 2nd 15 min candle (LH = 10519.75), also missed to close above RES. Line.
#3. Bounced from 10470.40 at 11.30 AM (mentioned "Future trader can Enter as LONG in BTW' @ 10480 - 10462 ").
#4. Covered 44 Point (in BTW' 01.30-1.45 PM...
As per my wave analysis..
Do remember, i am a long term investor, buy at low and sell them at high..AND part time trader only as i have my first business to manage and trading is my hobby only.
My analysis is not for short term intraday trading, as well as for swing trading too, but for investing in a good stock for a long term.
I do not check or see any...
Bullish Divergence noticed in NSE:GODREJCP along with Bullish crossover (%K line rises above %D) and bullish MACD crossover (MACD crossing above signal line). Bullishness should remain for next week (26thFeb to 2nd March) that can take stock to 1070, 1092 & 1128 levels.
The trend seems to be forming a inverse H&S (see circle - marks what looks like a left shoulder)
Additional bullish evidence:
RSI is rising
Stochastic showing bullish
50% Fibonacci retracement is complete
For better confirmation must wait for 2-3 days more to confirm bullish trend
HARMONIC formation on the WAY.
Detailed Mentioned on Chart.
Disclosure: Information shared here can be my view or real trades.
As i am not SEBI regd. analyst, Take this information as study/education purpose only.
If Useful Like & Share
For taking trade decision Consult with financial Advisor.
....... look Early Post on 21st 2018.
"Don't Panic, or Can Say no more PANIC"
as i see the stock it still has a good down side left .
and in the worst case can even comes to 77 rupees -80 rupees range as well!
in SHORT TIME FRAME the stock holds good support in range of 100-105
MIGHT SEE SOME dead cat bounce AT THESE POINTS BUT overall structure of the stock tells me TO STAY AWAY from the stock
and on the upside the stock faces resistance...
...... Spot & Future Intraday, future Weekly Levels plotted & mentioned on chart.
Trade as per Specified level with description.
FUTURE Trader Should take position with Hedge strategy.
Disclosur: Information shared here can be my view or real trades.
As i am not SEBI Regd. analyst, Take this information as study/education purpose only.
If Useful Like & Share
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