Gippy_2k21

Gippy_2k21

ITC stock has formed a double bottom pattern on day chart & ascending triangle on weekly chart. -->The stock has not retested it previous support zone of 200 and have sustained above the support zone consistently . -->ITC moves slower, one should buy for a higher time frame (2-4months) with double bottom as your stop loss. -->If break out happens a very...

Gippy_2k21

Intergloble aviation has rallied for more than 15 % continuously. -->There is an exhaustion green candle at the end of rally & trend has turned towards correction with marubozu red candle. --> Have made comparison of last two retracement after major rally using Fibonacci using historically day chart. --> If you are on short swing side the stock might give...

Gippy_2k21

Nifty has been trading at all time high. Given the bull run it is possible to make a new level. Bank Nifty are still to touch all time high. Please note the higher low level, if it breaks the level then go for shorting opportunity. Minor dips will be bought up immediately . There is high probability there will be TIME CORRECTION to adjust the moving average in...

Gippy_2k21

Adani Head & shoulder pattern for shorting. Though stock remains volatile if nifty falls then good case to short as per pattern.

Gippy_2k21

The Price action is for the dates specific to US Fed Interest Rates news and it's reaction to market. Commonly known as taper tantrum & quantitative easing . Post pandemic we will be seeing these similar events since this happened after 2008 collapse we might view repeat of history. The view is how market reacts to news or specific event. Booking profit &...

Gippy_2k21

Consolidation for a while Didn't break support zone Daily Candle Trendline Break GAP might be filled