Indigo spot cmp 1350 Bearish bat pattern formation PRZ zone in range 1430-1455 pattern gets violated above 1540 levels As per elliot wave counter is on verge to complete its impulse phase,, once corrective phase unfolds,, we can see sharp fall in counter,, Rising channel resistance around same range would act as good resistance Price are making higher high and...
Grasim Bearish bat pattern formation,, good short candidate,, details mentioned in chart...
NIFTY CNX IT :- INDEX IS TRADING AT RISING TREND LINE SUPPORT ZONE,,AS PER ELLIOT WAVE ,, CORRECTIVE WAVE 4 OF IMPULSE PHASE MIGHT END AROUND 11000 LEVELS ,, VIEW GETS NEGATED BELOW 10400 LEVELS ON CLOSING BASIS,, IF THIS LEVELS ARE SUSTAINED ,, CAN SEE SHARP BOUNCE TILL LEVELS OF 13000-14000,,,,
BULLISH ABCD FORMATION PRZ ZONE IN RANGE 1265 TO 1275 VIEW GETS NEGATED BELOW 1258 SHARP BOUNCE POSSIBLE FROM THIS LEVELS,,,
BANK NIFTY SPOT IS MOVING IN CYCLIC MANNER,, 15 TO 17 DOWN BARS AND AFTER THAT 4 UP BARS,,, EVERY TIME DOWN CYCLE CONSIST OF 1700 POINTS DOWN FALL,, LETS SEE WHATS IN STORE IN COMING DAYS,, IF THIS HAVE TO PAN OUT TILL 20 FEB WE WILL BE TRADING AROUND 29100 LEVELS,,,