Hardik2608

Hardik2608

Multiple resistances overhead. A slight consolidation before next downmove

Hardik2608

Breaking all time high. Gud buy at this level. Sl near month's candle low. Head and shoulder and cup and handle visible in daily and weekly chart

Hardik2608

Trade Carefully!!!!!! Rising wedge in making Long term charts

Hardik2608

1) An upmove near 16500 level 2)A downmove till14500

Hardik2608

Clearly price and volume are in negative correlation. So the next downmove can start any time soon . So beware

Hardik2608

Bullish triangle pattern in formation near high level. Very likely to break on the upside. Volumes also conforming the triangle pattern BUY @ CMP SL-2600 Target - 3150

Hardik2608

Bullish triangle pattern in formation near high level. Very likely to break on the upside. Volumes also conforming the triangle pattern BUY @ CMP SL-2600 Target - 3150

Hardik2608

Bullish FLAG pattern . Very Reliable pattern. BIG TARGETS Did a healthy retracement from 61.8% Gave Weekly Close above Resistance Zone and above the Long Wick Area Volume Expansion also seen LONG For Short Term and Medium Term Buy between 2560-2580 for Good R:R Short Term SL-2480 Medium Term SL-2380-2350 Short term targets-2930-2950 Medium Term targets-3130 (1.618...

Hardik2608

NIFTY is moving in a RISING CHANNEL since march and is currently heading towards the upper end of the channel. SO beware!!!

Hardik2608

12900 PE SELL can be considered NIFTY is in a range 12960-12730 . 12960 level has been tested multiple times and has become weak so it is very likely to break 12960 and head towards 13080-13100. NIFTY is forming a CHANNEL and currently is a the base of the channel So go long on NIFTY

Hardik2608

NIFTY has been moving in a sustained uptrend making Higher Highs and Higher Lows and currently is in the Wave 5 which can be completed any time soon. So for very short term the view is of some more upside or consolidation up to 13000-13200. As soon as this wave 5 gets completed the correction will start and some downfall can be seen upto fib retracement levels...

Hardik2608

BANK NIFTY broke the trend line on 10th Nov it has retraced back today forming a candle with tail.So some buying interest is clearly visible in the market. BANK NIFTY may again try to go upside towards 29000 and retest the round level. We may see a some consolidation between 28000-29000

Hardik2608

12800 CE SELL is viable

Hardik2608

1)NIFTY is taking resistance from 12280-12300 which is major resistance level. 2)Also whenever a round number resistance level that is 12000 in this case price always tends to retest it which is due. 3)The price is also taking resistance from the trend line 4)RSI is also showing divergence at higher levels So, go short on NIFTY

Hardik2608

NIFTY is forming a INVERSE HEAD & SHOULDER PATTERN RSI also showing strength If crosses 12025 a rally of around 200-300 points is very likely as it will be a consolidation breakout.Also 12000 being a major psychological level so if breaks this resistance a strong move is expected. Major short covering rally will also boost NIFTY So look for buying

Hardik2608

SELL NIFTY on TREND LINE BREAKDOWN for target of 11800 which is the breakout level and the retest is due . Also BEARISH DIVERGENCE spotted on RSI

Hardik2608

NIFTY is heading towards major RESISTANCE ZONE of 12000-12070 There are multiple unfilled gaps in this zone which will act as a RESISTANCE ZONE Also 12000 is also a major psychological level The rally has been over extended and has also created Exhaustion Gaps in between Short NIFTY at these levels. After any technical signals such as a Trend line Breakdown in a...

Hardik2608

BEARISH PENNANT PATTERN spotted in BHARTI AIRTEL Also on touching 413 level it will complete the ROUNDING TOP pattern which is also a BEARISH PATTERN Structure making LOWER HIGHS and LOWER LOWS So multiple reasons to short for huge TARGETS