One can look for short sell on brake of Friday low , its moving weak so any crack in the current structure can lead one more move down
I am looking this will have deep drop before any turn around takes place
Yes bank I am not happy with the move and closing of today
The move does not have Impulse Character , and they did not brake through the down ward channel
it indicates the pain is not over
I strongly dis-agree with current move and i am looking for one more drop
This drop might even go below the current low before it makes turn around
One rare Case is...
This one is making its complex B wave after its 1st move form its recent Low ( Apparently Double Bottom )
Now currently i am looking this as B (b) of Complex structure , One can look for sell set up to take position and move the stop once it move away form its
Point of brake
Based on pattern identification referred to Wave Theory , I am looking this scrip has one more move down
the structure indicates the its very high likely will crack down ward
One can look for sell set up for taking entry
One can notice market moves in its own pace , but the movement of price are identifiable , some time they do change the structure but once they are confirmed with previous pattern , they are high likely will act or react in the same manner
I am looking this will repeat itself for one more down move as per Pattern A
In Pattern A the structure is small and I...
This one is about to complete its wave 3 of 1st Primary Impulse wave , and I am looking this could enter in side way pattern due to its strong move after termination of wave 2 low , its Quite possible the Optimum of scrip moving higher high is still intact due to which my forecast for the next move will be
Side way corrective pattern which we can expect to form...
Some time Market repeats its own pattern again & again ,
we can identify them as structures and we can get to know what can form in feature
Identifying these pattern and forecasting is one of the Training we undergo in our institute , and we keep practicing it until we master it
This one i am still looking as incomplete Complex B wave , and i am looking...
ACC is making an small bear flag on finishing it will make one last swing down before making an Major turn around
one can look to trade with this range or can wait for last swing down and turn around on daily basis
One can look for short sell on rise in Futures contract , this one is giving the confirmation that its going down further
and this move will be slow compared to other movements in the past based on time factors
I am looking an target of 95 for this scrip
Look for proper set up
Nifty is moving in side ways ascending pattern , which we all know as bear flag once it cracks it will come down
Most important part people often dont know is when it ends , and in my view its making an triple three pattern , one of the complex B wave where we see its range bond move
One can wait for pattern to complete for taking next short trade which will...
This price action indicates the price is moving in side ways basis , once it made a formally top then it started correction in side way pattern
One can easily understand its not moving in deep price correction , all correction suggests , its about to end its wave 4 and will high likely start moving towards
immediate forecast of wave 5 ,
One can look for...
One of the most Complex Pattern is trading after a deep impulse move ,
Currently this structure suggests short sell on Inter day basis or two day positional basis
one can look for sell set up for this short range trade