BrokeButBold

BrokeButBold Updated 

Long Crude for $ 74 Target, SL to be below $64.5

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Buy Signal in 1 Hour Chart and Magnet giving crossover for Up trend

BrokeButBold

# Technically Crude is at Long Term Lower Support Line # Magnet is in very favorable position for a Big Move # Time Frame for $ 20 to $ 40 is 6 Weeks # Weekly Charts have Positive Crossover of MA for Long Term UP move. # OBV on Daily charts have Positive Divergence

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Trend is getting negative as per Celerity and Momentum is Coming as per Magnet. TG 2380-70 CMP 2420 SL above 2440

BrokeButBold Updated 

Trend Getting negative and taking momentum Short 30950 Target 30250 SL above 31250

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Indicators are Negative and Trend is Setting up as per Magnet... Short @ 1485 TG @ 1435 SL @ 1515

BrokeButBold Updated 

Currently BitCoin has started to show up Signs that it might crash back to $1150 very soon. Their are couple of patterns in charts that i look for which are probably best for reversal indication and they are forming up in higher time frame charts of bitcoin. but there is more.. 1- BitCoin Has recently broken above a long term curve at 1500, but there is very less...

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HDFC is at very crucial level, as below this level their is no major support till 1319 , 1280, It has also formed a bearish bat pattern...

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For Last 2 years NiftyIT is in a pattern where it Falls then Retraces 0.618 then moves back to 1.27 extension of the previous fall, Currently Nifty IT is at a very crucial point as it is at 0.618 retracement and at a long term downtrend line... Shorts can be made for the targets of 8800...

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BankNifty is in Euphoria Mode, i have been bearish on banknifty since 19200 but it has rallied almost 5% since then, i still think it is Working on Greater Fool Theory, Fundamentals are still bad and it is giving some signals for weakness in technicals also, it is making Harmonic Three Drive Pattern with rising wedge, any bad news will trigger a big selloff, same...

BrokeButBold

WatchOut for ICICI Bank Potential Breakdown of a long term channel, as it has failed to move up to test upper line for the third time, A break below can take it all the way down towards 200. Axis banks results were also not very supportive. Shorts Can be taken with an SL above recent highs and for the Targets of 225, 205

BrokeButBold

BankNifty is Looking to move towards 16500 now, there are three reasons mainly.... 1- Banknifty is trying to Form a Channel. 2- It is trying to move in a (W) Formation Contantly with 1.41 extensions as targets. 3- It is trying to Fill every gap one by one (show with numbers on the chart) Short Positions can be taken for the targets of 17000, 16500 with an SL...