BnF looks all set to scale new highs! game on!
Kajaria Ceramics now forming a bullish bat on the daily charts. reversal from the support is also complete. Target of 700 active.
Euro-US Dollar contracts are presently at a make or break level, forming a scallop in a downtrend, Whether they will continue the downtrend or, reverse and breakout the linear resistance to complete the Rounding Bottom with an implied target of 1.18 from the present 1.14 (It is presently forming a flag with some conslidation near the resistance) It has been...
Infosys looks bearish as it has completed the impulse waves, and looks to start the correction wave. Take confirmation at 613 level. If broken on weekly basis, can be taken as a positional short, or can be removed from portfolio for the next year and a half. . . . . . . . We teach, and practice what we teach, kindly consult your advisor before taking any positions.
SunTV Network has just confirmed the bounce at the baseline of the Bullish Bat formation, signalling an upside to 900. The middle point is at the 50% level considering the first peak, and at 61.8% considering the second peak of the bat. This, makes it an even more convincing investment to make in the next year.
BEML has just bounced off the base line support of the Bullish bat that is shown on the pic, on the monthly charts with targets of 2000 in the next few candles. The right wing is fractured though, that's why it is off on the calculations for the validity of the pattern. this is not taken into account, considering the selling mentality associated with the bear...
HDFC bank is forming a head and shoulder and is expected to follow the price movement mentioned on the chart. Trade Safe! Make money! . . . . . . . . . . . . . Kindly consult your financial advisor before taking any positions.
Intro : The bump and run is a pattern that is of explosive power in developing markets aiming at maturity. Reliance has just bumped onto and looks to start its run. For those unfamiliar with this lesser known pattern, this looks like a inverted cup, preferrably on an ascending trendline support angled between 30-40 deg. This has been observed in cases of several...
Nifty which right now is due to complete the Head and Shoulder pattern from the top of the right shoulder, would drift down a little down further, till the month of May 2019, when the General Election results would also be out, when it would complete the 4th Wave and the (C-D) corrective wave.