" Shorting " Commercial Break from Bull Run , so if you have the risk appetite Go for it . Else just watch how trades pan out. Always take trade based on your plan :) Happy Trading !
Absolutely No Idea what I should write in description, if you ask I can answer thats it :) Got one point , its 9000 shares per Lot, So better take care of it & its very Risky to have that exposure ! Happy Trading !
Yep, ABCD's everywhere you go, repetitively thats why Kindergarten Admission confirmed & on lighter note some people maturity level is also upto KG levels only, trying to nag others & to pick up fight. Well, I'm supercool now, than ever :) Expecting Bat formation on hourly, keeping in view of our 9k fill, this needs to fail, probably a small short covering can...
Yep ! TCS results are coming out in 4 hrs I guess. Yesterday itself TCS board has approved for share buyback, if I'm not wrong its around Rs.2800 I believe. So, a share buyback will always increase EPS of a company, here also it can happen. But Results are coming out so there may be wildswings on any direction bcos we can never predict how Market views results....
Actually I tried drawing ABCD over there but it looked to weird & on smaller timeframe I guess there is an ABCD pattern which justifies this up move in Justdial. I don't know why I see ABCD's only Lol ! I will search for other patterns or methods.... Either you can wait for Fib touch if you are fib user or bsaed on resistance n bearish confirmation you can take...
Happy Guys & I don't know what to give as title, so gave a song title :) Getting Back to analysis, we drew ABCD yesterday, there can be more reasons coming up today for upside move. For example, Am expecting Double Bottom on 15mins time frame but will see whether it happens. I hope Nifty, after taking support around 9130's zone we may get move up till 9170's...
The 3 prime reasons given in chart forms basic crux for this trade but do remember that symmetrical triangle breaks both side, not that a guarantee it should break upside. Anyway due to the full blown Bull run in SBI & wave counts I'm expecting upside breakout from this triangle. Let's see what SBI offers us...Happy Sunday !
Though there is potential chance of pullback in Mindtree upto 445's, chances are bleak. Once the day close below 435 happens, it will race down till 410. Note, how well it aligns with ABCD pattern, when the pattern gets completed in our zone it forms another harmonic pattern around 410 zone. Anyway go down on lesser timeframes & check for potential selling...
(i) RSI overbought (ii) ABCD completion (iii) Check with fibs aligns perfectly as resistance Check your plan before entering the trade :)
We already have SBI symmetrical triangle expecting upside breakup but here BankNifty also providing similar chance. Though in Both cases RSI shows bearish sign, well let's see where it gives break & then Plan the trade :) Happy Trading !
Yes, I'm Back to Tradingview ! Before the analysis, I want to thank each n everyone of you for all the love, Thank you so much for your messages & people who gave follows even when I'm not available. Thanks for the Trust & Love :) It has been more than 100 days since I posted & from now on I will try to post more often. Now Our Nifty analysis : Let me put...
Our long pending analysis and the most sought analysis is Gold. True, people are worried at uncertain times and economic scenario's around them, so they want to analyse whether Gold will be safe security for part of their investments. Before we go into analyzing the Xauusd, Be clear about the fact we are building a case with our analysis like Chakravuya...
From the SBI chart you know the direction I expect and its ready for breakout. Why Gap up ?? if you are wondering why, if a gap happens you will miss out the trade which will hit targets & you will be scolding yourself for not taking trade on friday evening. Anyway, only if you are willing to risk over two days then check with your plan & trade this SBI...
A very simpler Nifty trade setup from this current channel, if we get break from channel & 8k's broken 7940's is our next level, OR Markets some bullish momentum 8380's. Either way we will be around 8300's around expiry ( Just My speculation, don't trade based on these ) Once we did 180 seconds flat, Now just 60 seconds for couple of trendline(channel) & Support...
Its not Me guys, Nifty is that and Nifty will do that, No, not Myself ! So yesterday when we completed the day we concluded with double bottom & Gap up which just happened now and as of now I can't assure whether that double bottom will fail & Nifty will move lower ( insync with breakout yesterday triangle) or turn up and make triangle break as false one. Anyway...
Well, I broke My vow bcos of the Nifty pattern formation. I wanted to share with you guys as it will help you whats in Nifty for today to get better understanding, so I broke My vow & posting back ! We have very simple descending triangle in Nifty and whichever side it breaks out is our entry direction. Usually this triangle breaks to downside but lets see what...
Hey Guys, How's your Saturday panning out ?! Today we are going to do an analysis which is different from our usual style. Actually we are gonna take Xauusd & Nifty for comparing the market dynamics & to realized how they work in sync. I had this in back of my mind for a while but cudn't post due to other works, so Now its the time. Take a look at Nifty what...
If that bullish harmonic pattern kicks upto its full potential Horse power, the Tatamotors will accelerate to 600's. A daily close above the trendline (red) will ensure that. I drew Elliott at the end of my analysis, so you may or may not use wave counts - there is no issues. We can analyse Tatamotors simply with support & trendlines. Support zone at 500's is...