Dalal street was expecting the annual report from the MoF on July 5th under Modi government 2.0. But it turned to be disappointing for the traders, and the market fell down leaving a foot print of bearish engulfing pattern on Nifty. And that’s when the wave started. Viewing the chart as a space and time curvature. As soon as it was about to retrace at its 78.6...
EXPLANATION IS BIT LENGTHY :
Everyone Seems Worried with a great amount of negative news floating around.One good thing about news is that they change every moment.Even Warren Buffet rightly said in this modern digital era accessing information is easy but avoiding noise is difficult.
Nifty broke the triangle pattern in daily chart and many don't find any reversal...
SAIL ! No doubt is a worst performing PSU for few trailing years.Its because of the heavy capital involved in the nature of business and of-course the government interference that has done enormous injustice to the stock. Now talking technically with a few months time view, a small bounce is expected with a peak to be created near to 17th OCT 2019 and then again a...
IN my previous post(NIFTY MULTI DIMENSIONAL VIEW (4TH POST , 13/09/2019) i have mentioned (When the trend is nearly around 30 degree or less from the prior low of the bigger downtrend low, generally breakout occurs. There are many time zones laying here.)
And this chart is the follow up of all time zones and levels that i didn't disclosed in my last post. Each and...
My teacher once told me, Gap ups or down must be taken seriously. Imagine the nifty as a particle and in the price path it went missing, giving no clue how it reached there or how it was about to reach there. At that particular price levels we don’t know how many buyers-sellers and who all are stuck. May be they will not accept the loss so easily when they were...
The day is expected to be a bit volatile. As nifty was in WW one should not be surprised if Nifty tries to touch the level of 10980-10940 level(Refer my previous chart of NIFTY MULTI DIMENSIONAL VIEW to see the reversal timing assurance, it is pinned in this chart, it will show you the prediction of the past 2 days). The velocity of the Nifty has decreased a lot...
IBULLHSGFIN is in Wolfe Wave .And after taking a conservative approach, it even avoided going in to the sweet zone. It has recently retraced from the ARC level of 1.618.The upward bounce could be of near to 100 PTS or less for short term.However the major bullish move could be seen after 18th November 2019 at 5th Time retracemnet. Fundamentally that even makes...
HDFC has been a roller coaster ride for past few months. But surprisingly a wolfe has been formed in the mean time with a target of 2236 and next or 2400 in long term. But in the short time the filling of the small gap in-between 2058 and 2071 would have indicated a healthier growth (Not necessarily because from last 8 trading sessions it has been respecting the...
