Trader Andromida — Trading Ideas & Charts

Nifty Sell on Rise

NIFTY

, 1D

Andromida

Nifty to follow Bat Pattern. To me it is going into sell on rise phase.

Short TCS

TCS

, 1DShort

Andromida

Over the Elliot wave pattern TCS is good for a short position. Even the fibo is also saying that it can go till 3000.

HDFC loosing its sheen

HDFC

, 1MShort

Andromida

HDFC is in long term downtrend. another Bat pattern on monthly char suggest a downtrend for HDFC.

Reliance to enter into profit booking zone.

RELIANCE

, 1WShort

Andromida

Reliance to enter into profit booking zone on weekly chart. Increasing crude oil will lead to profit booking in coming weeks.

Nifty to test 15000 in next two week.

NIFTY

, 1DShort

Andromida

This is for educational purpose only. Nifty might touch 15000 in next two week cycle. Have to wait and watch if it doesn't sustain 16400 then it is confirmed.

Reliance in Bearish Trend

RELIANCE

, 1D

Andromida Updated

Due to Reliance deal cancellation with Aramco and current negative sentiments of Nifty, I feel it will go in a bearish trend.

NIFTY Short - Though its too early, but still.

NIFTY

, 60Short

Andromida

Looking at the current Bull run, a good short position has built up. It should follow the elliott wave. Rest God know. :-) Disclaimer - it's only for educational purpose, I have no interest in providing trading call. Jai Hind! 🇮🇳

BANDHAN BANK about to BO. Short term BUY. Target 400.

BANDHANBNK

, 1DLong

Andromida

#Harmonic pattern. W pattern with trendline BO. Very near to .5 of Fibbo. Target of 400 is possible. Disclaimer - it's only for educational purpose, I have no interest in providing trading call. Jai Hind! 🇮🇳

NIFTY 50, HEAD not quite stable over SHOULDER. Short term SHORT

NIFTY

, 60Education

Andromida

1. Elliott Wave - steep rise in couple of week. 2. Head n Shoulders pattern - today closed over neckline. 3. ABCD pattern - looking over the overall situation it's quite possible that it will follow this pattern. Soon we will see 9500. Disclaimer - it's only for educational purpose, I have no interest in providing trading call. Jai Hind! 🇮🇳

Strong buy Hevells

HAVELLS

, 1DEducation

Andromida

A bullish butterfly harmonic pattern. Checked with Fibo as well. Currently closing price is sitting over a very strong Support of 6th Oct 2016 which it tries to break 5 times. A trend line is closing over support. I suppose in a day or two a BO will happen as suggested by harmonic pattern.

BUY Maruti for short term.

MARUTI

, 1DEducation

Andromida

Bullish on Maruti. About to break parallel channel. Already broke 5000 mark which acted as strong resistance. Chart indicating a '3 White Soldiers Pattern'. Closed above Fibo level of .618. Which means it will go further up.