Good multiple bearish pattern formation confirmation with RSI and MACD good short candidate , can give fall of 50-100 points
Bearish harmonic pattern formation divergence on rsi can give reversal from current levels,, Good positional short candidate
Time cycle and price range measured move indicate the uptrend is matured indicators are also at historic levels waiting for strong bearish reversal candle on daily time frame,, will short this counter with latest peak levels as stoploss once i get confirmation good short candidate if gives reversal confirmation
coforge is facing price rejection around this levels new comers might consider this as fresh breakout but probably looks like will be fake breakout and will reverse sharply waiting for reversal confirmation this can be probable short candidate....
waiting for reversal confirmation once confirmation received ,, can give a good fall,, good short candidate
Expecting good upmove from current levels stoploss will be last 2 todays low on closing basis
Bullish wolf wave and price action formation in this counter look good to go long at current levels,, expecting good upmove in this counter good long candidate
Gold US$ spot if manage to close above 1755 go long for 1797-1819-1833 conditional trade to be executed only above 1855 levels,, spring candle formation on daily time frame,,, symmetrical triangle support above 1755 bullish divergence in RSI and MACD,, good long candidate
Look good at current levels,,, expecting good upmove from current levels stoploss will be todays low
Expecting good upmove from current levels stoploss will be last 2 days low
Expecting good upmove in counter from current levels bullish study,, indicator are giving signs of trend reversal atleast 5-7% upmove expected Good long candidate
Bearish harmonic and wolf wave formation expecting good fall in counter from current levels good short candidate
Bearish wolf wave formation expecting good fall in this counter from current levels,,,
looks good from current levels expecting much higher levels stoploss will be 1200
Chola fin inv :- Multiple harmonic pattern matures around480 levels Wolf wave formation around same levels macd positive cross over Rsi bullish divergence with breakout Falling trend line breakout good long candidate 15 to 20 % upmove possible
Reliance spot cmp 2105 counter have formation of falling contracting wedge ,, where the breakout and retest is done,, currently counter is trading in symmetrical triangle formation,, break out of which would lead to good up move,, Rsi and MACD giving early indication with bullish divergence MAcd positive Crossover,, Good long criteria buildupp,,
Escorts spot cmp 1225 Time Frame :- Daily Study :- Elliot wave good formation seen in this counter,, on verge to give breakout,, confirmation of price action move is pending,, once breakout confirm,, counter would move on to complete its impulse phase,, Good bullish candidate
Nifty metal Index now at 5770 Time Cycle 1 , Based on Fibonacci extension,, Price wise the extension of 1.618% of last down swing have now extended to maturity levels,, ended this week,, Price wise the extension of 1.618% of last down swing is around 5971 levels,, still 2 to 3% move is pending.. So price and time squaring around the same point in trend,, when ever...