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Sensex

Nifty - Modified Bullish Alternate BatFirst Sell - Later Buy 12:56 Hrs / 31st Jan 2019 Last Price@10749 Do read the update carefully & manage your risk while trading. As trading derivatives is highly risky. Facing Resistance Above 10750 levels & Suggested in all the status updates that we shall be careful in 10730-10750 zone & holding above 10750 only we will look for 10790-10800 next resistance zone. Trading Strategy Plan A Below 10750 - We shall look for a fall close to 10585-10550 zone downside Plan B Buying Later if Nifty Halts in PRZ (Potential Reversal Zone ) - 10550 -10585 zone Plan C Harmonic Pattern is violated but we will plan to buy if 10525-10535 provides support for upside target 10750-10825 Plan D Plan to Buy close from 10500 if goes below 10525-10535 zone for same target upside as mentioned in Plan C above Auropharma - Modified Alternate Bullish Bat
NSE:NIFTY
by WaveTalks
BSE short term SENSEX has two possible chart pattern scenarios standing out among others for me . On the 4 hr, My primary pattern for any play is the Ascending triangle with initial target near 38950 level. Although,There's a bearish pattern (Bear Flag) in play too but I'm not too confident about it, as the flag consolidation is roughly >/= 50 % of the flag pole. Also there's no sign of trend exhaustion on this move up from the last recent swing low on the 4 hr, where it gave us bullish divergence before moving up. But that doesn't confirm that it wont go down . It always can. If it does, my initial downside targets for the flag breakdown are around 32000-30000 ranges. Strong break of patterns either way would be a nice confirmation to enter a trade. I'll post my probable count for BSE below. Remember, this is not a financial advice and just my view of the market , how I THINK its going to play out.
BSE:SENSEX
by XtinCt
NIFTY - Bearish - Correction WaveNifty index, has formed a bearish correction wave after the completion of the impulse wave that started at the end of the 2008 Crisis, pushing equities higher and higher. NIFTY looks to make lows at 9800 or even drift lower as time passes. With elections around the corner, it doesn't seem that impossible either. SO, keep your positions light and breezy in the market. Don't lever your positions, else, you might drift into losses. Shorting can be done on the basis of chart analysis at shorter timeframes like say, a 30 min or lesser.
NSE:NIFTYShort
by SchoolofMarkets