Tata motor after a correction of aprox 90% from top forming a very rat monthly divergence. The stock can form bottom very soon. Level to watch 50-60 for bottom. We can expect 600 target in few years after bottom is done.
Monday Market Nifty will be down, Nifty open at 9893 to 10000 and in case nifty break 9708 support level nifty will show our chart screen 9200.
Nifty is in Uptrend......can break all resistance and move in one direction. Comment your views....
Sgx Nifty Respecting the Fib Retracements levels . Nifty Exactly showing down trend after it touches 50% level as per the Fib Retracement.
Overall trend is still bearish but a pullback to 9300 - 10,000 levels can't be ruled out. Just for educational purpose.
Please Note : These are buy/sell level . these levels has to breakout in minimum 15 min candle .. Reaching this level is not valid & Fake break out can be identified by RSI and other indicators
Please note that this is my opinion, in no way markets move according to my analysis. Markets can ignore all levels and move in one direction. Please use proper risk management. 1. Never over leverage, that forces you to keep very small stop losses, don't trade if you have to use full margin. 2. If it will be very painful for you, if it hits your stop loss then...
PREVIOUSLY I HAVE ALWAYS USED HARMONIC PATTERNS FOR FIBONACCI RETRACEMENTS BUT NOW I USED HORIZONTAL ONE NOW CURRENTLY IT IS AT 38.2 LEVEL PLUS FOR NOW IT IS REJECTED FROM MOVING AVERAGE 8 AND MAKING TAIL UPSIDE ALREADY BUT IT IS WEEKLY CANDLE IT WILL TAKE DAYS TO BE COMPLETED BUY ABOVE EMA 8 ONLY FOR LAST TARGET OF 9942 I REPEAT #LAST DURING this level @ 50 %...
Please note that this is my opinion, in no way markets move according to my analysis. Markets can ignore all levels and move in one direction. Please use proper risk management. 1. Never over leverage, that forces you to keep very small stop losses, don't trade if you have to use full margin. 2. If it will be very painful for you, if it hits your stop loss then...
TREND ANALYSIS & TRADE SETUP Wave Analysis & Harmonic Cypher Pattern. Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. R:R is 8-10 times.
FOLLOW
Please note that this is my opinion, in no way markets move according to my analysis. Markets can ignore all levels and move in one direction. Please use proper risk management. 1. Never over leverage, that forces you to keep very small stop losses, don't trade if you have to use full margin. 2. If it will be very painful for you, if it hits your stop loss then...
Hanging man candle formed near the 10-year-old weekly channel of Nifty50. This can be the early sign of downtrend from here. We need weekly closing above 9400 to get back into the channel.
FOLLOW TRADE AT YOUR WON RISK
Its a matter of time when the stocks will start falling suddenly. Looks strong bearish we will wait for further indication to take action. Not a buy recommendation.
Same Chart for nifty... Yesterday reach first target.... World indices negative... Expect gapdown.. either reach that trendline or redmark... Today positive news : Reliance facebook deal....might be the reason for gapfill... Play accordingly... Do analysis....before enter position...