Now the levels of 41800 becomes important, till above that the current move might continue and below that time to change the view,, Retest of long term ascending trend line is still pending, one should keep that in mind,,
Demand zone as per previous life high levels CIP concept of price action support of ascending trend line
Demand zone as per previous swing low Bullish wolf wave pattern RSI at historical support zone
Demand zone as per previous swing low CIP concept of price action Support of ascending trend line..
Cip levels as per price action Demand zone bullish divergence on RSI with respect to price..
Demand zone as per previous swing high and low Support as per ascending trend line Descending parallel channel support Confluence of all support zone at same point.
Bullish alter shark pattern formation Bullish divergence on RSI with respect to price Demand zone as per previous swing high/low
Demand zone as per previous life high levels RSI at support of ascending trend line.. CIP concept of price action,
Demand zone as per previous swing low Bullish harmonic ABCD pattern formation RSI at historical support zone.. all indicate one thing,,,,,
Symmetrical triangle pattern cmp is around support of ascending trend line bullish divergence on RSI with respect to price.
KOTAK BANK SPOT CMP 1957 HARMONIC STUDY TIME FRAME :- 240 MINS Pre assumption of harmonic Gartley pattern formation, Where leg C might max extend upto levels of 88.6% of wave AB At the moment counter have reached the max retracement levels, So leg C might mature around cmp level to levels of 970 And soon led D might unfold which would lead the counter to much...
ICICI BANK SPOT CMP 917 Chart pattern study Time Frame :- 240 mins Symmetrical triangle pattern formation Bearish divergence on RSI with respect to price Suppy resistance zone around 922-936 levels View gets negated above 945 levels on closing basis Range of 922-936 should be used to exit long positions Fresh investment recommendation above 945 levels Down side...
TCS SPOT CMP :- 3366 Counter is trading around resistance zone as per descending parallel channel formation. counter might face resistance in zone 3364 to 3381 levels, this range should be used to exit your long positions, view gets negated above 3422 levels, fresh investment recommended above 3425 on daily closing basis, down side counter might retrace upto...
SNP spot cmp 4020 Harmonic study Time frame :- 120 mins Bearish shark pattern formation potential reversal zone at 4058 (pattern maturity) Reversal confirmation below 4000 levels on closing basis View valid till index sustain below 4120 levels on closing basis Down side retracement possible till levels of 3900-3800-3700 Time horizon :- 7-10 trading...
USD INR 80.88 ELLIOT WAVE STUDY Time frame :- Daily Completion :- corrective wave 4 Unfold :- impulse wave 5 RSI :- Hidden bearish divergence with respect to price Counter is on verge to mature its corrective wave 4 ,which as per ascending parallel channel have demand zone around 80.45 to 80.00 levels once corrective wave 4 is completed , impulse wave 5 might...
Bearish harmonic 3 drive pattern formation. Time frame :- 60 mins Potential reversal zone :- 18610 levels View validation :-Till not closing above 18620 levels. Reversal confirmation :- Below 18500, should sustain for 20-30 mins Retracement possibility :- 18350-18200-18050 Time horizon for trade :- 3-5 trading sessions RSI :- bearish divergence with respect to...
INFOSYS AT 1590 levels is around strong supply zone, Descending parallel channel resistance around 1610 levels Horizontal resistance around 1602 to 1630 as per previous swing high levels, Bearish divergence on RSI with respect to price, Bearish wolf wave formation, where price are trading above the structure formation which indicate overbought situation...
Ambuja cement have give a phenomenon rally from level of 150 to now around 600 levels, almost 4 times in last 2 years, Counter is now trading around 592 levels which is life high levels for the counter, Bearish equivalent harmonic ABCD pattern formation with maturity level around 580-611 levels, now any upward journey in counter should be used to exit your long...