IS IT MAKING A TRIANGLE OR IT IS DOUBLE COMPLEX CORRECTION SEE THAT RED TREND LINE IF IT GET BROKEN THEN IT WILL FALL TO 13800-13900 WHATEVER IS IT MAKING BUT A FALL IS COMING TRGT - 1 ---->>> 14350 TRGT -2 ---->>> 13900 ( after break down of red trendline ) i will update if something changes... check out the link given below you will find how...
check out the tag given below you will understand DONT exit you positions and also Don't go for new positions.. as i gave the rally of 4000 - 4500 point which has done And now a correction is possible so i will suggest you stay away from pharma Because this correction can be more than 5000 points if something changes i will update
head and shoulder pattern at top going to make new high
as you can see the chart it has completed its 7 waves and now it may show a big fall ---------------------------------------------------------------------------------------------------------------- below 153 it looks very weak -------------------------------------------- keep stoploss and trail it if you are going to short this.... ------------- thanks..
STRONG SUPPORT - 1322 next support - 1339 which has already broken so we can go long now stop loss of 400 points for short term -----target more than 1800 RISK:RATIO == 1:1.5
short SBI life insurance below 864.08 it going to retrace from supply zone ... as i have explained this theory before
buying opportunity is coming after this fall
I did not upload the last movement of MRF but now CORRECTION is going on in MRF so you can BUY put option in MRF and relax... this is known as irregular correction bcz wave has moved beyond wave B so it can give an awsm dip BUY @ bottom ... donr wry I will notify @ bottom
ONLY FOR RISKY TRADER .... BUY ONLY 5 shares(warning) Nifty is also just to reach 14070-14050 as you can see my previous chart and HDFC - 2370 it is a good chance to buy HDFC which is going to long with nifty... short term target -- 3000
get ready foe a dip in NESTLE IND it will reverse from between 12000-14000 buy @ dip nxt target will be more than 8000 points
pink dots on resistance line are showing a fall to major trendline shown by orange line and blue line are nothing but a fall to support line then it forms a triangle ...... then broken down to support line it has repeated twice and expected tomorrow STRATEGY :- if tomorrow it falls and touches major trend line then go long upto 14700 IT MEANS IT IS...
this is going to show an awsm move ... as 1st cycle of wave has completed so it is moving for 3rd wave ____________________ buy now hold it for 6-7 month ____________________ thanks...
last i gave the trade of 300 points after the breakdown of triangle you can see the 5 movement of nifty which were impulsive and now it is in corrective 8th wave and it has also formed a triangle after breakdown we can see here a good fall thanks.....
so safe trader should exit now and enter again if it breaks 220-2300 lvl in weekly time frame ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- so much compression is there and it is going to bump with supply zone where so many selling...
accumulation zone _____ ----> broken buying lvl 1071 sl - 900 safe trader buy above 1100
same pattern formed in nifty 2-3 day ago..... -------------------------------------------------------- as expected it should also start to fall now -------------------------------------------------------- ------------------------------------ thanks ------------------------------------