HemantBhardwaj

HemantBhardwaj

Dabur is in ascending triangle formation since April 2020, and now on the verge of breaking the triangle. Target is the largest leg of the triangle.

HemantBhardwaj

PNB has recently showed the move. It has given the break-out on the levels of Rs. 38.This is a slow-moving python, Wave count suggests that we are in to very short time correction which is infolding now. Possible first leg of in the form of Zig-Zag is unfolding, which would complete the wave A downwards. Currently we are in wave - b of first leg of correction. ...

HemantBhardwaj

Although i am not suggesting any trade here, but my view for next few weeks.

HemantBhardwaj

Hi, I am not giving any longs and shorts in this post, but according to the trendiness drawn, i am assuming that current trend in Nifty Bank is too steep to sustain. There are various other theories to back this move but this move on current level is not feasible to sustain. i am expecting a consolidation at this point so that prices falls back to sustainable...