About meNothing written about should be construed, perceived or accepted as financial advice. This is not written in advocacy of any personal finance strategies. Your decisions are your own and the author assumes zero liability for the outcome of the charts shar
Nifty is looking quite bullish and if it manages to break out of the yellow dome then it will hit a new all time high in coming weeks.
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11717 is a crucial support zone and if Nifty manages to sustain over it then expect it to test the dome which should be your first target.
New positional longs can be further added upon...
Adani Gas had a perfect fib retracement while forming a falling wedge.
I had few buy orders placed around 120 but for now Adani gas have given a breakout and looks good to test 161 levels in coming weeks.
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Gold is forming an inverted head and shoulder whose neckline is in confluence with very crucial resistance line.
I will long gold with 1500 as first target and then from their will wait to see the reaction at resistance zone to open new position.
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BTC is consolidating in a structure which looks like a classic Adam and Eve pattern.
I expect a good bullish move if bulls are able to maintain this consolidation above 7700 levels.
Will update the chart in my free channel www.t.me as the structure develops in coming days.
Bears initially tried to form a head and shoulder in Nifty but results of general election lead to change in structure, but then they stayed in the game and are going a inverted Adams and Eve structure inside an inverted bowl which will act like a labyrinth for Bulls.
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Torrent power have given a breakout supported by good volume, onceit crosses above the shaded area in grey i expect it to test 305 levels in coming weeks.
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I have initially recommended to buy BhartiAirtel earlier this year around 294 and since then it has given the growth as i anticipated.
I am expecting another bullish move in Bharti Airtel once it breaks out of current consolidation zone.
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Here we have an interesting setup for Axis bank which tell us that if Axis Bank holds VABAFIB 78.6 levels then it is going to make a new ATH soon.
Use 50 MA as stoploss
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Hindustan Unilever have given beautiful breakout on weekly chart and is an ideal contender for buy the dips in coming days as i expect it hit a new all time high in coming weeks.
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TRENDS is a positional trend based trading system backed by highly accurate Alpha k trading algorithm developed by Trading.shiksha.
Trends has been designed to sense the slightest of change in the direction of trade and then generates trading signal once there are enough of conformations on different parameters.
Trends have delivered more than 120 profitable...