MDstockmagic

MDstockmagic

Titan consolidated between 2205 to 2685 range for more than 5 months.. On 17th mar given volume breakout from the range... sustaining above 2685 the momentum will continue and in short term it may target 3000++ stock " buy on dip" mode views are educational

MDstockmagic

Angel one has made double top near 1690 with 3 white soldiers with huge volume If it give breakout above 1690 it has targets of 2000+++ in short term views are educational

MDstockmagic

MCX copper took the multi time support 790 than given breakout from the triagle and till now made high near 820... now MCX copper is buy on dip mode now immediate support near 805--800 sustaining above 820 will give move towards 840++ views are for educational.. play support and resistance

MDstockmagic

nifty given sharp sell off from 16900 to 16555 and than again sharp bounce towards 16900++ Sharp recovery shows that still some steam left for wave "(d)" golden fib ratio 61.8% @ 17327 .. now two magnetic levels 16650 and 16900 on down side huge gap up and gap down happening now a days... stay little cautious.. dont get trap at higher levels... wait...

MDstockmagic

nifty six time touched the level 16800---16850 wave "d" compled at channel top and tringle breakdown retest level ... wave "e" down started towards 16400---16100--15500 in previous post reminded that bulls stay cautious and do profit booking.. and no fresh buying recommended.. whereas today excellent sell off started.. as per option chain data...

MDstockmagic Updated 

cipla given a range breakout after more than 11 months consoldiation between 870--1000 sustaining above 1000... will give bullish move toards 1100+

MDstockmagic

nifty retesting the breakdown levels of triangle and multi time support which became resistance now 16800.. journey above 16800 to 17060 won't be easy for bulls Scenario 1: so if correction is over ar 15671 than fresh 5 wave up started of which 1st wave up going on and than 2nd wave down consolidation will start.. scenario 2: market still in corrective mode of...

MDstockmagic

MCX copper within the triangle and now range is slowly contracting between 790---826 keep eye on breaking of triangle on either side will give clear trend ahead... till than play support and resistance.. 790 & 826 790 is important support level to watch ... as breaking below this level will bring weakness towards 760--750 whereas breaking out of the triangle...

MDstockmagic

shree cemet seen volume activity near psychological level 22000 bearish flag pattern... if breakdowns than it will bring weakness upto 20000..

MDstockmagic Updated 

us crude in in falling wedge and breakout from the wedge will give upside movement towards $125 channel support comes aroun $118--117.5 breaking of channel support will make it weak... educational trade support and resistance

MDstockmagic

national aluminium price was increasing with the volume and given excellent intraday breakout chart presented for educational study on price volume breakout

MDstockmagic Updated 

price is the engine volume is the fuel more the fuel.. more the power .... bigger the movement.. chart presented for price volume breakdown study educational purpose

MDstockmagic

Banknifty future triangle breakdown near 35100 given move of 800 + points on downside .. upto 34230 sharpen the skill on patterns and candlesticks chart presented for educational

MDstockmagic

nifty future in 15 min chart had multiple resistance near 16750--800 highest OI was at 16700 Bulls struggled nearly 3 hrs to sustain abv 16700 and than given up... Given move of nearly 200++ points on down side... Reading the cadlestick pattern will give u good LRHR TRADES for intraday.. keep learning candlesticks and chart pattern... Regularly posting few...

MDstockmagic Updated 

nifty retesting the breakdown levels of triangle and multi time support which became resistance now 16800 Scenario 1: so if correction is over ar 15671 than fresh 5 wave up started of which 1st wave up going on and than 2nd wave down consolidation will start.. scenario 2: market still in corrective mode of which wave (a) to (c) completed at 15671 and wave (d)...

MDstockmagic Updated 

SBICARD has given breakout from trendline with volume in daytimeframe if it sustains above 800 than more upsides towards 820--850 possible view is just educational...

MDstockmagic

US crude in falling wedge and wedges always checks traders patience... Breaking out of the wedge will give upside move towards $125

MDstockmagic

Today nifty came back into the main golden color channel... in the form of wave " f " Today nifty done gap filling work.... "F" up wave going on and golden fib ratio resistance comes around 16384--400 nifty just closed below it... If nifty failes to sustain above golden fib ratio tomorrow than down move will start now Bears minimum requirement is to bring...