Price has completed a Classic Trend Line Breakdown Retest today and so the Pullback Rally is done and now Impulsive Decline should resume Attached: Daily Chart Live as of 21st Jan 2025
Attached: Daily Chart Live 20th Jan 2025 BOJ is poised to raise rates to highest in 17 years this coming Friday Price already has a Bearish RSI Divergence and below 155 (50 Day EMA, red ma) will Trigger a BREAKDOWN Which then opens Downside Targets to 153/ 152/ 150🎯& even lower levels📉 This could be a Trend Change on the Weekly Timeframe as well given it would...
#NIFTY50 Short Setup🐻🔨🔨 Attached: Daily Chart 17th Jan 2025 CMP= 23,203.2 Stop Loss above 23,500 or use 10 DEMA or 20 DEMA Downside Targets📉: T1= 22,620 to 22,420🎯 T2= 22k 🎯 (Highest Probability) Then Fall can extend all the way down to 4th June Election Day Low so around 21k🎯
The Stock is still trading at a PE of 100 And once it got entry in F&O segment, the Bears took control Price Chart shows AVWAP from inception comes around 300 level And approx. 340 is the 4th June 2024 Election Day Low Price in a Strong Waterfall Decline and is probably headed to meet that Downside Target/ Support Zone
RBI ain't gonna be cutting rates in future also just simply study this graph India 1 Year Govt Bond Yield (Blue) India Interest Rates (Red) I'm expecting #IN01Y to shoot up📈 to 7% + I expect RBI to be late to hike rates instead Bond Yields decide RBI Rate Policy, not the other way Meaning Market will tell RBI what to do So study Bond Yields instead and what...
Attached: ICICIBANK/ HDFCBANK Weekly Chart as of 5th May 2023 The above Ratio Chart is Significantly Bullish and suggests that in the coming Weeks/ Months you will see Money flow from HDFC Bank to ICICI Bank (which means ICICI Bank will relatively Outperform HDFC Bank and you are better off going own ICICI Bank instead of HDFC Bank) Bullish Evidence as...
Attached: BAJFINANCE/ NIFTY 50 Daily Chart as of 18th May 2023 A Double Bottom/ Inverted Head & Shoulder Pattern Breakout is Clear in this Chart Price is also moving in a Channelized/ Impulsive Manner And so it is Set the Measured Move Target indicated by the Up Arrow Similarly, on the Price Chart of Bajaj Finance, Price can head to 7400 as that is the Pattern...
Attached: Nifty 100/ Nifty 50 Daily Chart as of 26th May 2023 A Risk On Signal has been generated where Nifty 100 is Set to Outperform Nifty 50 to meet its Cup & Handle/ VCP Pattern Breakout Target When this happens the Broad Market goes on a Risk On Mode So Bulls it is your Time/ has been your Time and it is going to Accelerate further in your favor Play Longs,...
Attached: PGHH Daily Chart as of 23rd June 2023 Pharma Sector is showing Strength while the Broad Market goes Cold witnessing Profit Booking And so this is one Pharma MNC Stock with a Buy Setup - Price has given a Breakout Buy Signal on Friday - Either Wave 3 or Wave C Upside at play - Stop Loss can be put at Low of the Day or < 13950 2 Upside Targets for this...
Attached: Nifty 50 Daily Chart as of 7th July 2023 Price has closed below PDL marking the End of the 5 wave rise that makes up either the 3rd Wave or the C Wave In both case, whether it is there 3rd or the C Wave, post completion of a 5 wave impulse be it whatever degree of the wave, there has to be a Retracement at the very least Price has 2 downsides going as...
Attached: UTIAMC Daily Live Chart as of 30th June 2023 - Today All AMC Stocks have seen a Massive Upsurge and it appears there are Tailwinds for this Sector hence Strength within these Stocks - Price has given a Classic Cup and Handle Breakout today on the back of Strong Price Volume Action One can buy at Current Market Price For a Target of ~ 900 And Stop Loss < Day Low
Attached: Natural Gas Mini Futures Hourly Chart Live - Morning Star Candlestick Reversal Pattern activated - Bounce off 200 DEMA (black line) - Breakout from Wedge - Price action can be Channelized suggestive that the Fall was a Corrective and not an Impulse - So W3/ WC upside to play📈 1st Target on Upside = 223 2nd Target on Upside = 229 SL can be based on...
Attached: Sensex Daily Chart as of 19th June 2023 The Ending Diagonal is more evident and clean in BSE Sensex rather than NSE Nifty 50 (although you can observe in Nifty as well), which is why I have chosen to share the Sensex Chart Observe: - A well defined trend line with multiple touch points - Presence of a Bearish RSI Divergence - Daily MACD already in Sell...
Attached: SUNPHARMA Daily Chart as of 28th June 2023 - On Wednesday Price gave a Strong Bull Power Candle Breakout signal activating a Bull Flag + Inverted Head & Shoulder Pattern, pay attention to the Green Neckline - Moreover this Stock has the Highest Weightage in the Nifty Pharma Index so Pharma cannot move up without Sun Pharma participating (I have already...
Attached: Nifty Pharma Daily Chart as of 26th June 2023 - Today Price has triggered another Breakout closing above the Green Trendline and thus activating a Fresh Up Leg for the Pharma Sector and Stocks alike - This is the 2nd Breakout Trigger (marked by arrow) and the 1st Breakout Trigger was the activation of the Cup & Handle Pattern for which Price is yet to...
MFSL LONG SETUP Attached: Daily Chart as of 21st June 2023 - Price has activated an Inverted Head & Shoulders/ Cup & Handle/ Bull Flag Breakout today on the back of High Volumes (Price Volume Pattern BO) - Laggard from Insurance is finally joining in the Sectoral Rally (Sector Tailwinds) - The previous Dip halted at 0.382, ABC corrective (Wave 3 or Wave C upside...
Attached: MCX Daily Chart as of 21st June 2023 Price has a Pending Upside Target of 1700 as per the Inverted Head & Shoulder Breakout So far the Price has been rallying in a Channelized manner and respecting the Moving Averages Today Price resumed its Up Move breaking out for 3-4 day consolidation And so the Journey up to 1700 shall resume from here Holding...
Attached: LGBBROSLTD Daily Chart as of 20th June 2023 Today Price gave a Clean Strong Volume Breakout making New ATH and signaling that the Blue Sky is now Open for Price to precisely breach past the 4 digit aka 1000 level mark ! - Past few candles have strong Volume buying and the Base from the Price has taken off is also well within what you may call...