Attached: Ambuja Cements Hourly Chart as of 21st April 2023 Price is heading Down on its Way to Meet the Harmonic Pattern Targets (SELF EXPLANATORY just see Chart for levels) Some other Points to also note are as follows: - Hourly MACD in Sell and below 0 line - Hourly RSI below 30 and Oversold (as it should be in a Bear Trend) - 20 Hour EMA below 50 Hour EMA...
Attached: SBILIFE Daily Chart as of 21st April 2023 For the Levels, it is already marked in the Chart (SELF EXPLANATORY) Stop Loss > 1136 Downside Target 1= 1074 Downside Target 2= 1054 For the Thesis as to why it is a SHORT: - the 17th April Candle was a Breakout Candle that turned out to be a BULL TRAP Candle, so all the Bulls that entered got Liquidated as...
Attached: HCLTECH Daily Price Chart Live Market as of 20th April 2023 Pay attention to the following: 1) Formation of a Double Top/ Distribution Pattern 2) A Leading Diagonal Structure marked as ABCDE , so a 3rd Wave Down can play out 3) The Elliot Wave marking signaling end of (B) Wave and (C) Wave Down pending IT Sector is the Weakest already and there are...
Attached: Titan/ Nifty 50 Daily Chart Live Market Hours as of 18th April 2023 The Ratio Chart signals that TITAN has completed Wave A/ 1 and done a retracement in Wave 2/ B and now the 3rd Wave/ C Wave Down is to Start This implies that on a Relative Basis, TITAN is likely to MASSIVELY Underperform Nifty 50 Index Today Titan is also One of the Top Losers from...
Hi guys, In this chart i Drew My Best Levels in COAL INDIA for short position using 15M Time frames....I am in a downtrend right now so shorting is better, I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart...
Indeed is a Japanese company, direct competition with Info Edge brand, Naukri. Naukri valuation / p/e ratio is steep when IT hiring this low. Naukri or infoedge stock has low liquidity and unjustified upsurge in last 5 days. This calls for selling until 3000 levels achieved (short term). Long term targets are 1800, 1500, 1200 Sell call options at 4000 spot...
Hi guys, In this chart i Drew My Best Levels in ZEEL for short position....I am in a downtrend right now so shorting is better, I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose...
I have been mentioning about the iminent sell off in the IT sector in the last few posts. Technically Elliot wave 5 has started in IT stocks. The bull run in the last 2 or 3 weeks has created enough liquidity for institutions to sell their IT stock holdings. Shorting LTTS for a target of 2800.
Breakout level - 28500 breakdown 27000 Target for buying -28700, 28900, 30000... Taregt for selling - 27900, 27750,27500....
On the 1H chart a head and shoulders have formed but also a view other cases can be seen. We will have to see about the other cases as now the sell is running for right shoulder. Hope you enjoy give a like, follow and please feel free to leave a comment.
Maruti Dowtrend Started it may touch 200ema Broken the trendline and RSI is Week also
Hi everyone you have all seen TCS for past 5 to 6 days and it is going very down i think this is the reason
Hello Friends So as we all know that after the crisis of 2020 Covid crash the market boomed rapidly up and respect any resistance but after the year 2021 was just 4 months away from ending Market crashed for the first time and after it we can see some more possibility of going the market down as we have spotted a head and shoulders pattern in nifty and also the...
in.tradingview.com There has been some liquidation on the charts and OI has increased around 6% indicating a short build up hence initiating a SELL 7175 levels. Although this trade should be taken keeping in mind nifty is at oversold levels and can witness a sharp shortcovering spike anytime during the day.(27th Feb 2023)
DJI Intraday Level for 13 Feb Selling happened in market
Hi guys, In this chart i Drew My Best Levels in MGL for Short, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
strong sell REACTING FROM HIGHER TIME FRAME SUPPLY ZONE
* All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security. * Back test yourself before jump into live market consult your...