Nifty
CMP 11020
Here I am..
This is me...
There's no where else on earth I'd rather be...
It feels good to be back and back in action with analysis after a break for a few days due to personal health issues.
I take this opportunity to Thank you all for the well wishes and speedy recovery... :-)
Coming back to our main topic.... Kya lagta hai... Nifty...
Retractive wave 2 corrected a little more than expected compared to my previous analysis.
Fortunately none of the entry targets have been reached. That analysis is out of character and this becomes effective.
We are at the beginning of Elliot wave 3.
The safest entry is at the break of the pivot, according to the second entry shown in the image.
HCLTECH was notified at 11:19 AM when I spotted this breakout. As this stock came to my attention when it was nearing breakout, by the time it was informed, it had breakout candle. None the less it provided good entering opportunity by retracing back to 511-512 for more than 5 mins.
As per trend breakout it moved smoothly thereafter to cross target 1 and just shy...
I am really overwhelmed with the response for HDFC BANK! This analysis is on a viewer's demand. HDFC Asset management Services is seen to follow a steep channel and is continously Higher Highs and Higher Lows which shows a depth that it was trying to keep itself up (short term) in the mean time. With due today's market sell off, HDFC AMC has witness a significant...
IN YESTERDAY POST I SHARED THAT A PULLBACK IS EXPECTED, SAME HAPPENED . SHARED POSSIBILITY OF GAP DOWN IT WAS. NOW TOMMORROW PL SEE IN FIG THAT FIVES GAPS WERE MADE IN PREVIOUS DAYS. NONE WAS FILLED .BUT TODAY IS THE FIRST TIME WHEN GAP IS FILLED.THIS SHOWS THAT WE ARE VERY VERY NEAR TOWARDS OUR BOTTOM .IT MEANS THAT BULLS(SMART MONEY) HAS ENTERED IN MARKET. NOW...
Bulls took around 5 months to bring the NIFTY up slowly ... but it took just 10 days or less for bears to take it back to the current levels.
Global markets are down on friday.Need to be cautious on Monday & expecting clear trend on tuesday.
In current situation none of the technical analysis/study .. working as per predictions ...as we all know Carona is...
Price rejected the 800 ema today and had some problems to stay bellow the 50 ema
TDI giving us the ok to go long
No divergence (remember divergence = change, no always a reversal of the trend) is this case there's none
So if we keep seeing the price on top of the 800 and 50 EMAs, we can for sure expect some bullish move at least @ 7450.00 witch is yesterdays...
Banknifty too opened with a gap like Nifty but gap was bigger in Nifty. However, BNF closed above openning price finishing as a green Doji candle. Also check the you tube video under the name Market Movers India with similar but slightly more content . 31,500 is going to offer some resistance and that is why it will consolidate there. Tomorrow being expiry, option...
After falling nearly 10 Percent due to weak results.
Price has come out of downward channel and is re-testing the channel again.
Titan could be bought with
price target of 1241
CMP : 1158
STOP LOSS : 1147
Risk Reward would be around 1:8
NOTE :-
None of my analysis should be considered a recommendation , it is purely my view on technicals.
I dont trade in...
Escorts has fully participated in the Auto rally and has risen nearly 55 % from the lows.
Price is still in downward channel and is facing resistance at the top of channel.
Expecting price to drop down to 600 levels .
This stock is a SELL.
STOP LOSS :- 673
NOTE :-
None of my analysis should be considered a recommendation , it is purely my view on...
NTPC after falling nearly 18 % from its highs has been consolidating in a range.
It has formed a nice base .
Long buildup is seen in the stock where in OI rose by 1.6 % today.
Option chain is suggesting a good support at 117.50.
This stock is a buy with a price target as below.
T1 :- 127
T2 :- 133
T3 :- 143
Kindly scale out your position on T1 / T2 and T3...
Short term target will be hit very soon. Going with no stop here.
Pair : ZEN/BTC
Entry : 1300—1340
Stoploss : None
Targets (short tf) : 1799 (30%), 2520 (40%)
Targets (long tf) : 3699 (30%)
Investment : 10-20% or as per personal risk appetite.
follow @tychelab on telegram for frequent support on calls.
BUY SIGNAL OBTAINED.
PRICE SEEMS TO HAVE REACHED THE TARGET, AS THE SIGNAL IS FEEBLE.
BUT, THERE IS A POSSIBILITY THAT IT MAY TRY TO REACH 11718. FOR THIS TO HAPPEN, THERE IS A RESISTANCE AT 11670.
IF ANY OF THE INDEX MOVER SCRIPS LIKE HDFC TWINS / RELIANCE / ITC MOVES UP, EXPECT THE RESISTANCE AT 11,670 AND 11,718, WILL ALSO BE OVERCOME AND NIFTY WILL HAVE...
This scrip has travelled almost vertical in the past
Most often we see an intermediate consolidation but this one seems have none in the history
Its almost done with its 5 impulse move based on HFT and what I am looking is its last move
its my view there is not trade possibility as it stands in the middle of last move
One can look for horizontal...
Hi, On charts the patterns evolved for NIfty as well as Banknifty (BNF) both are bearish. Today's Doji candle has hit lower high and lower low than yesterday's (for both indices). Only saving grace is that Nifty has closed above 50 DEMA. After such a fall even the consolidation will take 2-3 days, if at all it starts to rise from here. But Nifty and BNF can...
Which stock will you prefer to invest your hard earn money ?
a) stock which have No debt in last five years.
b) stock which have small debt comparing to their last five years.
c) stock which have big debt comparing to their last five years.
d) None of the above.
My choice is (a) . What yours ? Feel free to give your views in comment section .
1) Form a box, from the wave starting emcompassing bodies
2) Since none of the BoxBO are yet complete
3) Start the point low candle where CCI34 crosses above
-100 till current High with Fibonacci Extension Tool
4) Tool will give you the targets 117.45/128.45/146.30
5) For duration count the candles from CCI crossing > -100 will CCI>100
Here 27 candles acumulation...
