Professor Challenger.. Need I say more. Looks like an absolute cracker of chart
Another one of the Bajaj boyz, in a bit of a pickle. 2022 could be a challenging year for the Bajaj group.
There are a couple of scenarios at play here. Lets see if we break blw the yellow line.
We have a low of 41XXX on the BTC. Probable A-B-C with C in progress.
We have reached our 3rd dec tgt earlier than expected. Bulls have a lot of hurdles to cross before any attempt is made at recovery. Immediate resistance is at 17600. Till PWH is not crossed with a strength candle markets remain weak.
We have a strong reversal and now have various resistances on daily charts. The only clear support zone is quite far. Price action at 17000-16700 zone will determine the next move.
Rock Solid Triangle in progress. Looks good to go once we break out above the upward sloping TL. Holding above 2100 we should easily see 3500+++
Fresh support and Resistance lines marked on Nifty Weekly Chart.
Till we don't cross 18225. A fresh low on nifty to 17250-17000 is on cards.
A Nifty Weekly Regression Channel shows we have not made a dent in the uptrend on weekly charts as yet.
Weekly and Monthly supports marked on the Nifty index.
India Vix is spiking along with the rally. Caution on Longs.
Paint major is hanging on the Trend line. Previous resistance marked.
Blue skies for motabhai, we could hit 3000-3500 before the year ends.
This one can go crazy !! Would love to buy it if comes close to the black TL
Gold is drifting lower quite comfortably. Heading to the Fibo Tgts given previously. Bullish only if it can cross 47XXX