HumbledByMarket

HumbledByMarket

Kind of social distancing... NIFTY trying to disconnect its correction wave with USA Indices for march fall. ( Correction speed reduced not avoided ) Let us OBSERVE.

HumbledByMarket

Levels are in chart. Let us OBSERVE.

HumbledByMarket

A clear head and shoulder. Short and profit targets with stops are in the chart.

HumbledByMarket

Sym triangle in a very short period is in cooking after strong support around 56.5. Targets and stop-loss in the chart.

HumbledByMarket

Improving S/R with Pitchfork model for a better target. Compare with Bank Nifty only Gap and Hz lines are taken for risk/reward.. Here projecting trend/regression gives more confidence for a higher target.

HumbledByMarket Updated 

On pivote base, sym triangle break down. Target prev. resistance level 2220 in couple of sessions.

HumbledByMarket Updated 

Sym Triangle with short term negative. Looking for reduced risk mode for second break down.

HumbledByMarket

Banknifty at second time near gap open and initiate long with the very short term support line and gap as stoploss. Target to recent resistance / high.

HumbledByMarket

Target and STL on chart. No pattern.. Just regression and support resistance. Added for confirming simple S/R has a lower risk/reward opportunity.

HumbledByMarket

HDFCBank forming second consecutive ascending triangle with little tilt. Initiate long only after 2500 and target 2630. Expect choppy sideways inside the triangle due to the distarted formation.

HumbledByMarket

Motherson Sumi. Break, Target for a distarted triangle pattern. Notice the target B-Line target calc method.

HumbledByMarket

Lookout for long term consolidation in Maruti in next two months. Short @ 6400 and target buy level @ 5050. Initial descending triangle breakout couple of months ago failed at resistance ( yellow line ) and current price near breaking support 6400. In this range no hormonics patten (M/W) with significant ratio confirms this pattern. Wait for price to close...

HumbledByMarket

Nifity short term structural pullback . Target and STP on graph.

HumbledByMarket

At resistance sym triangle breakout. To confirm breakout at close level price should be above 806. Let us see whether intraday and expiry impact to hold this level or resistance confirming to the journey back to 700.