Attached: COLPAL/ NIFTY 50 Daily Chart as of 11th May 2023 The above Ratio Chart shows a Classic Bull Flag Setup within an Inverted Head & Shoulders Pattern. This is Bullish Evidence in favor of the Ratio Rallying Upwards They say Buy Strength and Sell Weakness Therefore this makes NSE:COLPAL a BUY given its Potential to Outperform!
Attached: INDHOTEL Daily Live Market Chart as of 26th April 2023 An Ending Diagonal in Wave 4 marked as ABCDE and then Price has been moving Up since then, close to its All Time High Look at Peer Hotel Stocks, they are also making New 52 Week Highs and Breaking Out so Indian Hotels too should follow the Hotel Sector in its journey up Upside Target: north of...
Attached: MARUTI/ NIFTY 50 Daily Chart as of 5th May 2023 This Ratio Chart has just given a Fresh Breakout Buy Signal implying that for the coming days/ few weeks NSE:MARUTI is all ready to Outperform and take Leadership for Nifty 50 Buy Strength and Sell Weakness Hence, expect Buying Action in MARUTI Stock from here on is what the Charts say!
Attached: HEROMOTOCO/ NIFTY AUTO Weekly Chart as of 28th April 2023 The Chart is Clearly indicating a Terminal Wave in the form of an Ending Diagonal with a Massive Bullish RSI Divergence So long Hero MotoCorp has been ignored by the Market and Underperforming within the Auto Index Get Ready Now because the Stock will see a Change in Trend from Down to UP and...
Attached: HEROMOTOCO/ NIFTY 50 Weekly Chart as of 28th April 2023 The above Ratio Chart also called a Relative Strength Chart shows that the Stock HEROMOTOCO is set to Outperform the Index Nifty 50 and has given a Buy Signal on this Ratio Chart based on Elliot Wave Theory Wave 1/ A was a 5 wave Impulse Ratio retraced to 0.786 in Wave 2/ B as a 3 wave...
Attached: HDFCBANK/ NIFTY 50 Weekly Chart as of 28th April 2023 The Chart above shows Potential Underperformance lies ahead for HDFC Bank. Investors are better off Avoiding/ Exiting the Stock unless they want to Underperform the Broad Market from here onwards. No alpha is to be made by Holding on/ Buying the Stock at the Current Price This Ratio Chart points...
Attached: Nifty 50 Daily Chart as of 19th April 2023 In the above Nifty 50 Visualizer Chart, I want you to pay attention to 3 things: 1) Trend Lines 2) Fibonacci Retracement 3) RSI This is quite a Self Explanatory Chart but for those who don't get it, here are a few points for explanation: - Notice how Price has reacted around the Trend Lines and the Marked...
Attached: SGX NIFTY Daily Live Market Chart as of 27th April 2023 Price has put in a Clean Inverted Head & Shoulders Breakout signaling further Upside from here and BULLs in the Driver Seat! I have used Fib Extension Ratios of 3= 1 3= 1.272 3= 1.618 to get Upside Targets for this Rally The Inverted Head & Shoulder Measured Pattern Target comes at Target 2 in...
Attached: Daily Live Market Chart as of 25th April 2023 Price put in a Breakout and turned out to be a False Breakout triggering a Rising Wedge Breakdown instead Targets mentioned in Chart, Stop Loss as per Risk Appetite or today's High
Attached: BSE Capital Goods/ BSE Sensex Daily Chart as of 13th April 2023 The Ratio Chart has given Warning Signals of what is about to come for the Capital Goods Sector, the Warning Signals are as follows: 1) A Broadening Wedge Pattern (see the Blue Trend Lines marking the Pattern) 2) A Double Top formation within the Broadening Wedge Pattern (see the Red Curve...
Attached: BSE Sensex Daily Chart as of 25th April 2023 Yes you read the Title of this Post correct, to put it simply: Nifty is Deceptive but the Sensex is Truthful In the above BSE Sensex 30 Chart, we see that Price is facing Resistance at the Channel Trend Line drawn from the December 2022 High. There are presently 3 touch points already for the Channel and...
Attached: GAIL Daily Chart as of 26th April 2023 Call it VCP or Cup & Handle or Inverted Head & Shoulders Pattern Clear Accumulation on a Low Volume Sell Off Makes GAIL a New 52 Week High Candidate for May Series
Attached: PIIND Daily Live Market Chart 26th April 2023 SELF EXPLANATORY: Lower Highs and Lower Lows Head & Shoulder TOP with Necklines Targets marked as well SELL at Current Market Price Note: Had a Long View of PIIND before but now it is a Flip from Long to Short
Attached: Nifty Small Cap 100/ Nifty 50 Daily Live Market Chart A Possible Trend Change in this Ratio as there is Breakout And now Small Caps are set to Outperform Large Caps for the coming few weeks This is Risk On behavior, something has clearly changed on this Chart
Attached: Nifty 50 Hourly Chart as of 25th April 2023 EOD A Leading Diagonal in form of ABCDE in Wave 1/ A and then a Pullback in Wave 2/ B And Now the 3rd Wave/ C Wave has started Targets for this Wave Down are anywhere from: 17600 to 17340 Note: Alternatively the Leading Diagonal could also be Wave 4 and 5th Wave is complete and so Wave 2 can Dip down to...
Attached: Nasdaq 100 CFD Daily Live Chart as of 25th April 2023 Was waiting for a quite a while for this to play out and it finally has today in the Nasdaq Price formed a Distribution Pattern and today we are finally getting the Breakdown MACD also in Sell Mode 13k Level is Lost and below 12800 it is a Confirmed Breakdown. This has BEARISH Implications, a Top...
Attached: Cummins Daily Live Market Chart as of 13th April 2023 Price has put in a Clean Head & Shoulder TOP Pattern and the Breakdown & Retest of this Pattern is also done Currently Price is Moving Down to meet its 2 Targets Downside Targets: T1= Gap Fill Area @ 1475 T2= 1360 As long as Price holds below the 20 Day SMA (1615 presently), this Stock is a SELL......
Attached: Ambuja Cements Hourly Chart as of 21st April 2023 Price is heading Down on its Way to Meet the Harmonic Pattern Targets (SELF EXPLANATORY just see Chart for levels) Some other Points to also note are as follows: - Hourly MACD in Sell and below 0 line - Hourly RSI below 30 and Oversold (as it should be in a Bear Trend) - 20 Hour EMA below 50 Hour EMA...