If gold mini starts taking support at this range then cash markets may soon witness a correction in coming days. Gold mini should close below 47664 to confirm the on going rally in Cash market. Please follow gold mini closely in order to time the cash markets. CHART BY - ADARSH DEY
A bullish Wolfe Wave Formed. If markets would be kind enough then it may touch 2868.60 level first. And later testing its highs. CHART BY ADARSH DEY
A BULLISH WW HAS BEEN FORMED , SEMMS GOOD FOR LONG . MOMENTUM WHEN IT CLOSES ABOVE ABOVE 472.
Nifty possible Upside targets are mentioned.Please trade very carefully
Let the trendline Break. Let it give a closing below the level of 14100. Then we can go for 13750. Before that just watch. All my Previous Charts are taken down by moderators as I have violated House rules by mentioning my phone number. So, sorry for the inconvenience as those charts won't be visible anymore.
A tremendous fall and an awesome Hill climb, the first quarter of the FY-20 has been full of thrill for traders and confusing for investors looking to average or buy back. First of all the fall wasn’t a crash, it was purely pattern driven with an ultimate target of roughly 7200-100. Predicted Chart has been attached below. The SGX Nifty made a low of 7155. And...
CHART SHOULD LOOK AS GIVEN BELOW: TATA MOTORS BEING IN BEARISH WOLFE WAVE . NOW AT A VERGE OF MAKE OR BREAK POINT. i) GREEN LINES ARE THE EXPECTED SUPPORT POINTS ii) RED LINE IS THE TARGET LINE iii ) BLACK LINE IS THE DERIVATION OF PARALLEL CHANNEL DRAWN TO INDICATE SWEET ZONE AND THERE IS A GOOD CHANCE OF VIOLATING THIS BEARISH WOLFE WAVE BY GETTING IN TO THE...
Emami Ltd fell from his very high and has try to find a support at around 300 level recovering from its low of around 250 Level. It was clearly because of the Bearish Wolfe Wave formed shown in green color. And surprisingly the support it has taken seems valid on both monthly and weekly chart. And the accumulation of shares by the Fund houses in the recent...
NSE:NIFTY THIS IS A LONG TERM VIEW OF NIFTY Since Nov first week, Nifty has been quite in a consolidation phase. For majority of the trading days it didn’t turned out to be profitable for the buyers of both sides of options but yes definitely for sellers. And everyone is aware about the peaceful world scenario we are having right now. Coming to chart the short...
The gaps which are represented in different colours are the gap zones. i) 11910.15 – 11934 ii) 11971.80 – 12023.60 iii) 12053.95 – 12070.35 iv) 12126.55 – 12157.90 We shouldn’t be expecting the market to rally high with the gaps currently present in the charts. And eventually it will get filled up. And 11900 Level is not all surprising for me. And In the NIFTY...
Follow the Chart Wisely. Avoid The Noise. A strong Support is at 11050 and worst case scenario is 10800. Time zone is mentioned in the chart. Sorry no explanation. Happy Trading.
Gaps Shouldn't be underestimated. Link to my previous post about gap ups and down and its trade setup : But in this bullish market sometimes logic fail. The more you go to a longer Time Frame the more space allocation is to be given to the underlying. For NIFTY it stands to be at 11800 Level. But the gap up is a good thing, it should be seen as "NIFTY leaving...
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...
Nifty gave a bullish Wolfe Wave before moving upwards giving enough time to take position.And this wolfe wave was already predicted. Even yesterday I have explained it in detailed way in my NIFTY MULTI_DIMENSIONAL VIEW (6TH POST). The Wolfe Wave prediction is also linked to this chart
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...