Hare Krishna !
The Below is for the ardent seeker.
Would you believe if i say that the "REAL PROFFESIONAL FUND MGRS" DO NOT take trades of patterns like Harmonics,H&S or Elliot Waves...
When i got a chance encounter with a few billion dollar Investment Managers & asked them about above patterns THEY LAUGHED...
Don't believe all the things you find on the...
Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial...
Nifty next week view :
If any good news delivered by the FM we can see a 25 to 45 points gap up opening on Monday.
Nifty spot may open at 11110 or 11128 just a prediction.
Then for intraday 11058 and 11080 can act as crucial supports.
My opinion is to long in Nifty keeping in mind the supports and just the price action.
A bullish divergence is also noticed on...
Hare Krishna!
Sharing for educational purpose to learners.
As per my idea of selling Asian Paint in the below linked ideas.
Took the position on 12 Sep.
Example of Professional Trading involving patience and precision.
Losses will come but profits will outshine them in the long run.
Good Luck
Hare Krishna !,
Showcasing some technical confluences for a possible alternative outlook.
A break an close above the channel will open doors to 315
All in the chart.
Good Luck
Haribol !,
Had Bought the stock yesterday( Infy Long) as per the linked idea below.
Now moving stop loss at break even( Buying price of 815.70)
Even if it comes down i don't loose anything, but if it goes up i make some money.
Always respect the unpredictability of the markets and take the profits when they come.
Always keep your trading professional
Good Luck
Its a day chart as all 15 mins predictions are done (Refer to my previous posts on Nifty).On FB ARC its has just retraced today from 0.618 Level. I always insist on ARC because it well adjusted with the Space and time ie. The support and resistance(Price levels) changes with the time and that's really Important.
Coming to the chart It has just touched 0.618 today...
Nifty50 30mins. Technically I seeing strong bearish sentiment.
Reason and Confluences:
1. Theres triangle end
2. there's a small H&S
3. there's a bearish divergence on the rsi.
4. that leaner support looks so weak and can break anytime once it breaks then we can see huge crash ahead.
Overall nifty50 index looks weak and can head down to 10862 in a short period of time.
