BHARAT FORGE Prepare for Breakout. Projection of some HARMONIC Pattern . All Plotted in Chart. Trade setup on Query / in Market hour when opportunity comes . For FnO strategy: On QUERY . If enriched your knowledge and would help you in trading, Please don't forget to Hit / Click Like button. Your likes are the only motivation to post better ideas...
Is WAVE - 5 Ends ? As EW theory, 3 HARD (Basic) Rules are: Rule 1: Wave 2 cannot retrace more than 100% of Wave 1. Here, Wave 2 Retrace 66.8% of Wave 1. Rule 2: Wave 3 can never be the shortest of the three impulse waves. Here length of W -1: 14.98%, W - 2: 27.26%, W - 3: 14.82%. Rule 3: Wave 4 can never overlap Wave 1. Here W - 1 Ends...
BANKNIFTY Spot: Settled at 23937.70, Though in NORMAL market it was: 23943.20 GAP Form in UP TREND on 13th Jul 2017. Covered some point on Friday But Till now more point Needed to fill GAP. Crucial Level at 23730 (STRONG), to Fill GAP Must WATCH, GANN Line "2 X 1" (Marked in Dotted Green Color , Near "Extreme SUPPORT Level", as of NOW at 23523 ) For Dip fall...
BPCL: Harmonic BEARISH 5-0, Study Paper. This pattern mainly used in FOREX. Though also useful for Stocks much depends on Forex movement. Hence I choose BPCL. Some Facts: 1. On the chart, we notice that the price originally directed upward from the point 0 to point X ( where the point 0, shall be located below the point A ) 2. Further, the price makes a...
JUBILANT FOOD: Is BULL Run OVER ? Bearish CRAB completed. Can we see Bearish DEEP CRAB? Or, Retracement. Supply Zone: @ 1178.50 to @ 1209 LTP: @ 1160 (Spot) Go SHORT: @ Mentioned Supply Zone. For Aggressive Trader Here (in FnO segment Here with HEDGE as Calculative Risk) Some Intraday / Swing Targets: @ 1148, @ 1140 - @ 1130.7 (BZ #1) , @ 1117- REST TARGET...
Pattern "M', After Pattern "W". Indicators OVERSold. In ICHIMOKU KUMO Cloud Change to +VE. (green in Colour) Volume More than AVG After 8 Trading Days. Nearer Bullish Harmonic Pattern (Though not fulfilled all Criteria) Strong Reversal Zone: @ 636 - @ 625 GO LONG: @ 669 -@ 660 (for aggressive trader) Best Buy: 656 - @ 650 (For Swing / Positional or...
BANKNIFTY Spot: Settled at 23888.65, Though in NORMAL market it was:23866.4 Above GANN FAN "2X1" line In GANN point of View Crucial Levels are: 23890 - 23909, 23958 . Must WATCH, GANN Line "2 X 1" For Dip fall CRUCIAL LEVEL 23546 , Mentioned in "Fate of BANKNIFTY 0.47% View (WEEKLY Basis)" Levels & GANN Lines plotted on Chart. Trading Range: 180 -205 Points,...
All Plotted on Chart. Analysis Based on FIBONACCI. Indicators & Oscillators Looks Good. Tests Double BOTTOM (CanSay Triple also), Support Zone. Go LONG : @ 250.65 ( LTP at 12.00pm ) More Accumulation Zone: @ 245 to @ 247.50 TARGET: @ 252.45, @ 254.20 , @ 256.35 + More on Chart Strong Reversal Zone: @ 246.50 to @ 245.00 SL: BELLOW "Strong Reversal...
Intraday LEVELS Plotted in CHART. NIFTY: Candle Pattern Confusing Bull Candle with Negligible Lower Shadow & Very Small Upper Shadow. GAP UP Opening, made HIGH in last Min. of Trade. Indicators & Oscillators OVERSOLD. TREND: UP (Possible REVERSAL in Upper Level), Bias: -VE Crucial LEVEL : 9937 - 9947 VIEW: NEUTRAL (LONG in Lower Level) / SHORT in Higher...
Trading between Crucial Reversal Zone @ 1249 - @ 1235 Reversal Soon, Grab Opportunity using SWING. LTP: 1243, (at 10.14am, 11/07/2017) Go LONG: aggressive here Best LONG @ 1236- 1240 (for Safe Trader) TARGET: @ 1257, @ 1263, @ 1267- @1274,(HZ) @ 1285+ SL: Below @ 1219 (By Closing)
Intraday LEVELS Plotted in CHART. NIFTY: Candle Pattern Confusing (LH & HL) Indicators & Oscillators also MIXED in character. Though MACD, RSI & Some other indicators & Oscillators till now in BUY Zone, TREND: UP , Bias: FLAT to -VE Expected Trading Range: 49 to 69 Point , Extended to 87 point. VIEW: NEUTRAL (LONG in Lower Level) / SHORT in Higher...
BANKNIFTY Spot: Settled at 23695.45, Though in NORMAL market it was:23719.35 Touched GANN FAN "2X1" line & Closed at GANN Arch 4 X 1 Must WATCH, Made a LOW at 23523.65 (DOUBLE Bottom) , Near CRUCIAL LEVEL 23546, Mentioned in "Fate of BANKNIFTY View (WEEKLY Basis)" Intraday Hurdles & Bounces for 13th JULY 2017. Levels & GANN Lines plotted on...
SUNTV: @ 828 After Harmonic Bearish BAT, Reversed from 0.618 level. now traded at Fib R 0.382. Bounced from KUMO Cloud (+VE, Green) to Above. GO LONG: @ 826 Best LONG / BUY: @ 824 - @ 818.50 TARGET (Intraday / Swing): @ 838, @ 843.7 , @ 847.5 - @ 851.8 (HZ), @ 855.7+ More on Chart. SL: 808.70- (By Closing) Or TSL @ 804.50 If you think this post enrich your...
POWER-GRID: Is more POWER for Break Else GRID Failure (here Double TOP Confirmation) ? COMMON in All 4 INSTANCES (mentioned in chart). Each time Rallied after Fib Retracement in Between 0.618 & 0.786 . Rest are plotted on Chart. Technical Indicator Looks Good. BEST LONG @ 208 - 206.70 Intraday Res: @ 211.90, @212.5 - 213.45 (HZ), @...
Intraday LEVELS Plotted in CHART. NIFTY: Candle Pattern Generate MIX Signal. Indicators & Oscillators also MIXED in character. Though MACD, RSI till now in BUY Zone, TREND: UP , Bias: -VE VIEW: NEUTRAL (LONG in Lower Level) Summery of Today's Trade: #1. TEST Upper Band Of HZ #1 & BOUNCED. #2. HIT Strong Level of Phase - II @ 9828 #3. Closed @ 9786.05...
INFOSYS: IS STRUGGLING to Get DIRECTION ? Is waiting for Q1 Result? How to manage Rupee Appreciation is KEY Challenge for Mgmt. Revenue may be in Pressure, Due to Major Earnings from USA. KEY Factor is USD/INR & EUR/INR USD: Trading Range in Q1 High - 65.175, LOW - 63.92 Compare to Q4 High - 68.645, LOW - 64.79 So, Cross Currency MATTERS. WHEN THERE IS...
BANKNIFTY:Spot: 23584.60 Closed Below GANN FAN "2X1" line Will be Strong RESISTANCE Line. Below ICHIMOKU Cloud. Must WATCH, Made a LOW at 23533.20 , Near CRUCIAL LEVEL 23546 Mentioned in "Fate of BANKNIFTY View (WEEKLY Basis)" Intraday Hurdles & Bounces for 12th JULY 2017. Levels & GANN Lines plotted on Chart. Trading Range: 143 -199 Point, Extended to 223...
IOC: LTP @ 383 CUP Completed , Possibility or Probability of HANDLE or NEW HIGH ? Consolidating at FIB Retrracement 0.786 (approx) Technical Parameters both Indicators & Oscillators Suggesting Up Move. In ICHIMOKU : KIJUN-SEN , U-Turn (From Downward to Flat) Vol: LESS Than AVG. CRUDE Consolidating. Possible DN side of Crude, means Profitability...