MAYA_MUMBAI

MAYA_MUMBAI

short in case 79 breaks

MAYA_MUMBAI

Weekly Analysis of Federal bank

MAYA_MUMBAI Updated 

Weekly trend of Suntv

MAYA_MUMBAI Updated 

Refer to the charts

MAYA_MUMBAI Updated 

i shall try to analyze Ambuja cements on Weekly , daily and 4 hourly chart On the weekly chart shown above ,Inferences are 1) The weekly trend is down (with potential break down below 189) 2) The potential supports on Weekly chart is shown & has a powerful support at 189-195 levels (dotted lines)

MAYA_MUMBAI

please check my wave counts and correct me if i am wrong Do appreciate by clicking like , if you agree with my Idea

MAYA_MUMBAI Updated 

As shown in the chart, Reasons for buy @201 1) Divergence 2) touching the low of the value box shown 3) other reasons - elliott wave pattern Stop loss - 180 expected Target - 222 Time frame 1 month Disclosure - I have personally invested in this stock @ current levels So i may be biased for long please do your own analysis

MAYA_MUMBAI

Elliott wave pattern of nifty on Daily chart Hit like if you appreciate

MAYA_MUMBAI Updated 

ENTER @ CURRENT VALUES OF 87 EXPECTING MINIMUNM OF 92 AND A TARGET 2 OF 95 STOP LOSS IS 85

MAYA_MUMBAI Updated 

A daily close below 165 is a great shorting opportunity Why 165 ? because 165 is the number on daily chart where it has formed a support / resistance three times in the past What should be the stop loss ? Simple - a daily close above 165 what should be the target ? Targets should be taken along the way up-to 150/155 !!

MAYA_MUMBAI

please do like - if you consider this post worthwhile and to encourage the authors

MAYA_MUMBAI

How to trade double bottom, These are my rules 1) Draw a HORIZONTAL BLUE LINE on the key support area on daily chart which has been tested at-least 3 times in the past 2) You have to make sure rsi is @ 30 or below 30 indicating over sold market on daily chart 3) Candle stick pattern in four hour chart- either a bullish hammer (inverted hammer) or a...

MAYA_MUMBAI

Indicators can help us in trading decisions when used correctly The problem with most indicators is New traders think that indicators are magic indicators In Todays tutorial , i shall tell how to use the indicator and why i had purchased Sunpharma @ 107 as told in my previous tutorial (link below) Now coming to my first indicator 1) rsi - rsi in general if...

MAYA_MUMBAI

Tata motors weekly chart

MAYA_MUMBAI Updated 

Hidden divergence can be a good indication of trend continuation. Hidden bullish divergence takes place when the price is making a higher low . But the oscillator is showing a lower low In an uptrend hidden divergence happens when price makes a higher low but the oscillator makes a lower low. I had entered the stock @ 407 by looking @ the hidden Divergence...

MAYA_MUMBAI

Whenever you see a higher time frame chart you should ask 2 questions -- 1) What trend is the market in ?? 2)where are major levels of structure that you should be paying attention to - in that direction ? SO in the chart i have shown above, the answers are following 1) Trend is bearish 2) Major levels of support and resistance are drawn in Horizontal...

MAYA_MUMBAI Updated 

Whenever you see a higher time frame chart you should ask 2 questions - - 1) What trend is the market in ?? 2)where are major levels of structure that you should be paying attention to - in that direction ? SO in the chart i have shown above the answers are following 1) Trend is bearish 2) Major levels of support and resistance are drawn in Horizontal blue...

MAYA_MUMBAI Updated 

"The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Fundamental story of the company hasn’t changed.” Target - 155 risk - 15 points reward 30 points Risk reward 1:2