Swarnendu_Mitra

Swarnendu_Mitra

Asian Paints: 3.3.3 might be done at top. Target 1802-1471(preferred). Not looking at insane targets as per log scale. Sell the rise positional..

Swarnendu_Mitra

Axis Bank: Preferably Z and alternately ZA done at top (one minor high possible as internal C5). Sell the rise positional..

Swarnendu_Mitra Updated 

Details on chart

Swarnendu_Mitra Updated 

Structure seems complete. Safe short is on confirmation of 5W down and then next bounce. But can short here with hedge. One/two minor highs might come.. If it works out, target is minimum 61.8% retracement of entire rally from March..

Swarnendu_Mitra

NIFTY pricewise minimum target is done, but timewise, and also as per ZC structure, another high from 12480-340 zone to above 13000 shouldn't be ruled out. For now stay short, but light quantity as long as a clean 5W down is not shown. Then we can short the next bounce with full capacity.

Swarnendu_Mitra

Expecting a dip here towards 12370-250 zone, then one more rally towards 13K. Will review if today's high breaches again before 12370-250.

Swarnendu_Mitra

NIFTY expecting a dip here. Details on chart. SL 12380 SL 2 days closing basis. Hedge if today closes above 12380. Target min 11885. Potential is more.

Swarnendu_Mitra

1. It's doing Double diametric. Confirmation is break of 11661 low. Target 11262 (Minimum, else some other combination will form). Then we'll revisit the count after seeing where the low is formed. Ideally, CRASH coming after one more high from there. White path 2. It's doing Diametric + Triangle. Confirmation is close above 11887 (61.8% of Thursday's master...

Swarnendu_Mitra Updated 

NIFTY low will be done today as per time analysis. 119XX/120XX coming next. Important dates are marked on chart. Buy with today's low as hourly CBSL, book half above 11400, re-enter on dip and book all above 11900.

Swarnendu_Mitra

Already in PRZ since 11185. Doubtful above 11640 Invalid above 11870 T1-9900 T2-9100 T3-7500

Swarnendu_Mitra Updated 

One last high seems pending from here. Target gap fill.. Buy on Monday, keep the lower low of Friday & Monday as SL

Swarnendu_Mitra Updated 

Target is final gap filling at 1153X before this uptrend tops out. 11100-600 Orbit is also intact. Caution: NIFTY is dangerously close to break the uptrend started from 15th June and more downside is not expected on closing basis. So, though invalidation is 10827, another red day on Monday could mean that top is already in.

Swarnendu_Mitra

1. Valid above 3273.75 only. 2. May spill over the channel. 2. Potential top 3290.5-3311.50 zone. 3. Shouldn't sustain above 3311.50.

Swarnendu_Mitra

This one might play out if 8860 is saved during next downmove. But at CMP, NIFTY is sell the rise or sell on wedge break, whichever comes first.

Swarnendu_Mitra

Whether it's LD1/ED-C of B or B doing WXY, NIFTY is short ideally on break of wedge but RR is better at CMP. SL sustaining for two days above wedge.

Swarnendu_Mitra

SL sustaining above wedge for 2 days. Ideally short after wedge break, but RR is better at CMP. All possible wave counts marked in the chart. Target as per which one plays out.

Swarnendu_Mitra

Kya NIFTY itni giri huyi hai? Buy for a retest of Modiji high.. SL close below Trend line.

Swarnendu_Mitra Updated 

NIFTY projected path after it hits bottom (ignoring a small 150/250 bounce as internal W4 which will waste footage only other than correcting the oversold oscillators). If it's ED4, another ATH will come from 11100-10900 Zone (green path). If it's W4, fall may continue after a considerable big bounce upto 11500-11700 zone then red path back to 10700-10500...