Technical Analysis
Buy IGL !! Go for a long positional trade.Hii this is trader Kanishk
Today there is an analysis of IGL indraprastha gas limited.
we can go for a long positional trade by putting s small stop loss.
Buy IGL and go for a longer positional
But
After watching the full video till end
After confirmation of trend change
After following all the steps told in this video.
This is a bear market phase and this is not the recovery this is the bullish trap .
so please avoid yourself to put the long positional trade at this time without any confirmation.
Please watch this video complete and follow all the steps .
Please do the multi timeframe analysis during these type of phases .
Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Guys you can also follow me on twitter for any queries.
RELIANCE Don't take long position still......Hii this is trader Kanishk
This is the analysis of RELIANCE
Here the phase is very volatile and we don't have to took long position in RELIANCE without confirmation .
Reliance is an uptrend stock of=n each and every time frame.
we can take our long positional trade in RELIANCE but after confirmation.
Watch this complete video i've discussed everything.
this is a bear market phase and this is not the recovery this is the bullish trap .
so please avoid yourself to put the long positional trade at this time without any confirmation.
Please watch this video complete and follow all the steps .
Please do the multi timeframe analysis during these type of phases .
Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
DISCLAIMER
I am not recommending you to buy or sell any stock, i am just sharing my analysis here.
Maintain your risk reward ratio and then trade.
Guys you can also follow me on twitter for any queries.
Market Crashing ALERT !!!! SHORT NIFTY & DON'T INVESTHii
This is trader Kanishk
Today NIFTY ant the INDIAN ECONOMY
This is a crashing ahead. Watch full analysis and take it seriously please.
SHORT NIFTY
DON'T INVEST
This is not the right time to invest.
This is the time for traders
we can earn only by short selling.
Thank you.
Nifty - WaveTalks : Right in the Block Hole 12110-12125Secret to the bounce from 11910 lies in the history - If you are missing this point then you are missing the key aspect of being a good analyst
Trading Strategy
Plan A -
Sell below 12085 with strict stops above 12135 for targets 12010 / Below 12000 for 11900-11910 / Below 11900 for 11600
Plan B -
Holding 12085 - Current wave can extend upside to 12160-12180 / Above 12200 for 12230 / Above 12245 for 12275+
You can check TradingView profile page for previous ideas at
in.tradingview.com
IRCTC - 1st Halt ( Amazing Journey 625 to 980) - What Next ?Trading Strategy
Scenario 1-
Holding above 920
Part A:
Expect upside push to 980-1000 zone
Part B:
Selling if fails to cross 1000 or crosses 1000 falls immediately then expect 920 / 850 /700
Scenario 2 -
Strictly Holding above 1000 for extreme bullish scenario- Expect 1500 -1600 Target zone. Failing to hold 1000 post crossing above becomes "Part B - Scenario 1" as mentioned above.
Thanks for all support
Wish All of You A Happy, Prosperous & Terrific 2020 !!!
Tata Steel - Searching for Bottoms from 280-320Correction Stock is trading in 100's -have wrongly used 11000+ in the video (11000 is for Benchmark Index -Nifty)- should be taken as 1000+
Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Trading Strategy
Possible dip below 320 can support at 280's -300 - getting dip & bouncing above psychological level of 300 shall be next clue for upside beyond 1000+
Plan A
Buying in 280-290 Strict stops below 280 for Target 400-410 & Above 400 for 510-520
Plan B
Buying above 520 for 645-650
Plan C
Buying above 650 for 750 & 1000+
Plan D
Buying from 280-300 if holds above 280 (should not move below 280) expect 1150-1200 as the explosive target upside which wave 3 distance -normally travels 161.8% of wave 1 -
Current case :
Wave ((1)) Distance = 748 - 188 = 560
161.8% of 560 points = 560 * 1.618 = 907 approx
Measuring 907 from yet to bottom Wave ((2)) which could be 320 or close to 280 downside so ... (907 + approx 280/320 = 1150 to 1200 zone) which gives upside objective of 1150-1200 target mentioned in Plan D above- which is minimum Wave 3 Distance it can travel next as per the books.
Thanks for watching the video & your support.
Nifty/Comex Gold -Solving Explosive puzzle with Golden ShineDisclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Comex Gold
Trading above 1490$ - There is room for gold to move 80-100$ upside in 1580-1625$
Later below 1490$ - It can slip to 1410/1265/1050$ as per long term strategy.
Nifty Index
Holding below 11310-11325 – Bias remains negative & whole explosive rally of last trading day could fizzle out & Index could slip back to
Target 1-
11140-11150
Target 2-
Below 11140 – target is 11080-11090
Target 3-
Below 11080- Expect 10950
Target 4-
Below 10890– Expect 10750
Target 5-
Below 10740– Expect 10580-10615
Note – Above 11325 – This idea gets invalidated
E- wave or Extradition Bill -Hong Kong- Is it too late?Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Trading Strategy
Daily Outlook
Index is close to the current supply zone 11025-11050 & this zone acted as supply zone even earlier so we need to be careful. Any upside extension can be expected once index sustains above 11050 where It has scope to travel upside in 11100-11125 & it shall face key resistance zone of 11140-11150.
Few confirmations required for short term trading
Trade below 10950
Break of the rising channel which holds – “wave-e”
Initial clue confirmed with bearish Candlestick pattern- Evening Star
Weekly outlook –
Bearish Till Critical Level of 11200 acts as resistance (holding stops above that level) our downside objective – 10750/10630-10650/10580/Below 10580 for 10525-10535.
Don’t forget to tune in the next video idea – on “Gold at 15K– Raising Mercury Level’s ”
Nifty - We got the Gartley M@11135 Correction - Pardon for Saying 11740's as target for Auropharma at the end of the video- Target if 700 intact is 740/790's
Thanks for watching the video. Don't forget to support the idea.
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Five Leg Pattern Gartley - XA- AB-BC-CD-XD Standing above 11109 Lows. Pattern gets invalidated going below 11109.
Target for Nifty
11280-11290
11350-11360
11400-11425
15th May 2019 - Amazing Trading Session - Both The Plans achieved for Nifty Index & Auro pushed to 737 from 709 (partial) as mentioned in video idea of Auropharma
Last Video Idea on Auropharma (click below to watch the video)
Auropharma - Elliottwaves - Will It Repeat The Fall of 2016!!!Auropharma Profile Page at
in.tradingview.com
Note -
Use Signature Field to put 3rd party links / website details / social media details which comes as a part of “Premium subscription” (Promoting 3rd Party Links apart from premium version –do check with the moderators as it could violate house rule )
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Trading Strategy
Long Term Strategy
Plan A
Expect Explosive Move Upside -------Only Above 895-Double Top & Targets – 1200/1350/1600/1750 in next few years ahead
Plan B
Holding Below 895 –Double Top –Expect Downside Move &
Targets –
697/700
620/630
500/525
Going Below 500 – We shall review later & we don’t deny downside targets of 450/350/250 years ahead.
Previous Ideas
22nd Aug 2016
20th Oct 2016
13th May 2017
8th Nov 2017
1st June 2018
5th Dec 2018
Thanks for watching this video & Your Support ----------- “Don’t forget to support and share”.
Nifty- 29th April 2019 - How will you sell ? - X -Wave MissionWe are now in Plan F as mentioned in the video idea published on 9th April 2019
9th April 2019 - Elliottwaves - Let us make some wedges
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Trading Strategy
Once Head & Shoulder Pattern gets activated as explained over the video look for below mentioned targets
Activates below 11550
Target - 11300-11325
Target - 11125-11150
Risky Traders Selling below 11850 for targets
11665
11550-11575 & continue with head & shoulder strategy as mentioned above.
Safe Traders Selling below 11800 for targets
11665
11550-11575 & continue with head & shoulder strategy as mentioned above.
Tata Coffee-Enjoy the Coffee in The Cup
Thanks for your precious time & do put your feedback below in comment section - I would love to hear from you. Most of us can learn as well -
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Correction -
Sorry using "circular shape" over the video - Its a curve shape from 168 to 185 - silly mistake -happens.
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Trading Strategy
Plan A -
19:57 Hrs / 14th March 2019
Last Price@95.35
Buy If you get dip somewhere close to 90 & 85's - obviously you should throw away the cup if 80 gets broken that should be understood.
Target 1
120-140
Target 2
Above 140 - 175-185
Target 3
Above 185 - It should not move below 175 post crossing 185 highs then look for 250-280's as suggested over the video.
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Image of the Coffee on 26th Aug 2018
Enjoy the Coffee in The Cup - With Double Bottoms@80
Cup & Handle Pattern
A cup and handle price pattern resembles a cup and handle where the cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern typically has low trading volume, and may be as short as 7 weeks or as long as 60-75 weeks- roughly a year and half.
The fall from 185 in Nov 2017 shall complete a year in Nov 2018 so that would be the period or time zone plus couple of months more- one should be alert as its aroma could spread across the globe & everyone would be interested to take a sip.
Cup and Handle Stops and Targets
A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout.
Successive breakout zone shall be above 175-185 & I am taking conservative target measuring 85 points which is depth of the cup above 168-170 zone or above 185 as shown over the video, which gives a roughly target zone of 250-280.
Once it breaks out & above 140 key level –make sure it never returns back below 140-135 zone else that could be risky.
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Trading Strategy Suggested on 26th Aug 2018
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Trading Strategy
Long Term Strategy
Plan A –
Wait for the stock to cross 140 & upper trendline of the handle & maintain stops below 135 once it crosses above 140 – Target Zone -175-180 & Above 185 – as 250-260.
Plan B -
Look to buy above 175-185 zone & keep in mind –price should not dip below 175 after crossing the zone of 175-185- Target Zone 250-260.
Plan C -
Plan to buy in 80-85 zone with strict stops below 80 – if goes below 80 –Throw the broken cup.
Short Term Strategy
Plan A –
We look to sell from 115-117 zone with stops above 118.50 for target 112 – 106- 101
Plan B –
Buy above 118.50 for 121-123 zone - book & out.
Plan C –
Sell from 122-125 zone with strict stops above 128 – Target zone -118 -112-106 - 101
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Nifty - Drawing Expert@11550-Journey of 550 Points11:10 Hrs / 24th April 2019
Nifty Last Price@11582 - Spot Price / Cash Price
This piece of analysis I would like to dedicate to Mr. Armando Avila, Former editor of Lowrider Arte ( Lowrider Magazine) who followed the words of wisdom as suggested by his Abeulita (Spanish word for Grandmother) when he was just 8 year old boy & turned his passion into reality- The drawing expert.
Lowrider (Source - wikipedia)
A Lowrider (sometimes low rider) is a class or style of customized vehicle. Distinct from a regular lowered vehicle, these customized vehicles are generally individually painted with intricate, colorful designs, rolling on wire-spoke wheels with whitewall tires.
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Trading Strategy
Plan A -
Buy if holds above 11600 for 11690-11710 target zone
Plan B -
Buy only above 11710 for 11850 & Above 11850- look for 11880-11925 Zone
Plan C-
Sell if 11880-11925 gives resistance - Do not sell if moves above 11950 as we can expect explosive upside move to 12150-12185 as suggested over the video - sign of Uranus planet where explosive breakouts can be expected.
Plan D -
Sell Below 11500 for 11300-11325 zone
Plan E -
Refer Last Video Idea of 9th April 2019- "Let us make some wedges" as mentioned below (click the idea)
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You can scroll down the idea - can comment & put your feedback & support the idea.
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