CKParkhi

CKParkhi

Titan created a squeezy. If bursts up we have 2 TGTs on upside. If Breaks down, we have one TGT

CKParkhi

Expected Sectorial Move # 13% up from current levels Then # 13% Correction #Then 23% upside # BPCL/HPCL/IOC/GAIL

CKParkhi

Buy at retracement around 255-260 TGT - All Fib Extensions

CKParkhi

All Fib Extensions are TGTs 1430 - 1440 Re-entry point

CKParkhi

// Metal Index // 20/04/2021 # Weekly CAM Pivot Support @ 4250 confluence with previous ATH # Fast Fib (38.2%) on Monthly TF is getting respected and PA also supportive. # If by chance get 4250, Best buy. By that time expect 3-4% correction in metal stox would have taken place. # Post 4250 we may expect 4700 (i.e. 10-12% upside)

06:23

CKParkhi

A tough series to trade. Except, IT and Mid Caps and Realty, all other sectors are into correction mode. These might keep NIFTY under pressure for some time. However, we have three references. 1. March Open 2. GAP Fill Level 3. BAT pattern (ABCD infused into it) Taking contrarian trades at MOB levels will be prudent with the help of Weekly / Daily PIVOTs...

CKParkhi

ALl is depicted over the chart

CKParkhi

1. Buy above 225 or accumulate within a range of 210-220 2. Weekly Support at 210 3. Just taking Off.... 4. Hold for a few months 5. Traders who lost to volatility... can opt to remain in this counter to rejuvenate their account.

CKParkhi

Jubilant Foodworks: Bulls and Bears have equated the game Now both will play within this candle range for few days. Bulls had mover 12.5% previously. Means to equate the distance they still have 4% to complete.

CKParkhi

NSE:M_M Go Long as near as 515 - 520 (SL - 513) or above 538 (SL - 530) TGT: 560 - 565 - 575 Any weakness around any of the above mentioned upper levels will pave way for going short for TGTs of 505-502 levels.

CKParkhi

Asian Paints exhibits a potential H&S in progress. 1,755 & 1,830 being MOB levels for this pattern to hold good. Three trades on offer : (1) Long as near as 1,790 (SL 1,775) for 1,830 (2) Short near 1,830 once the exhaustion appears (SL - As minimum as possible) for 1,770 - 1,760 zone (3) Long again near 1,760 for 1,830 +

CKParkhi

A classic C&H found on the Daily chart. B/O zone is 1,280 - 1,285. Bull's defence exists at 1,274 Go long above 1,285 (SL - 1,273) TGT (1) - 1,330 TGT (2) - 1,380

CKParkhi

SBI brakes out of the Cup & Handle Resistance. Buy on dips till 328. Pattern TGT being 346.

CKParkhi

Two Harmonic Patterns (HP) are having a confluence. MOB level being 709 and 734. Price action at around theses level would be the deciding factor. A contra trade with the least SL with SAR (Stop and reverse) strategy might work, especially at around 709 level. Having said that, it's a potential Short candidate on every upside spike till 733-735. During day...