After yesterdays steep fall, Crudeoil has been consolidating. Crossing 50% Fibonacci level can take it higher. Breaking yesterday's low will take it further down.
Currently the price is moving in a channel Election Results might skyrocket the stock price irrespective of the elected party The price action of 16th May, 2014 (Election Result) will give you a clear picture.
Zones and directions mentioned in the chart.Will wait for Doji or reversal pattern this week
Zones and directions mentioned in the chart.Will wait for Doji or reversal pattern this week
Too early to conclude anything. Just wait and watch as per levels mentioned
Levels shown in Chart, You know what to do !!
Bounced from Trendline today... Above 7150 it can Rally Below 7050 a big Fall
Far Away from Trendline and Moving Averages, time for HDFCBank to come back !! A bearish Divergence in Sight (*only a closing below 2230 confirms the idea*)
Finally a clear Right Shoulder..!! Also Elliot Correction Wave B to C expected, will elections act as a trigger ?? Critics & Inputs are Welcomed
After a brief meaningless rally last week, TATAMOTORS failed to cross 200 level for the third time A bearish divergence with breaking down of two important levels suggest further fall after a minor pullback as shown
After the FALL the recovery rally halted at exact 61.8 % retracement OVERBROUGHT Indicator and Strong Resistance line supports our Analysis