TukkaNomist

TukkaNomist

If it holds 50% as resistance then it is likely to fall to 412-380 to complete (v) of 5. 665-670 should hold as resistance if wave count is right. 636 -640 is also resistance and counter may reverse from here. Not an expert on EWT. Just a random guess on wave count.

TukkaNomist

Need daily close above 74500 to negate this downward slope. Disc : it's not an investment advice to buy or sell

TukkaNomist

Ascending triangle kind of pattern is emerging with higher lows former on the lower end of slope. It gives strong support to idea that once it gives close above swing high resistance then next level could be 5700+. All EMAs are rising. Swing low will be the sl or close below the lower end of slope will be exit point. Disc : it's not an investment advice to buy or sell

TukkaNomist

Buy with 1990-1985 sl 1966 target 2010-2049-2062 Disc : it's not an investment advice to buy or sell

TukkaNomist

Price touched top of the slope and reversed. TGT of slope is achieved

TukkaNomist

It might look like an ascending triangle but ascending triangle are continuation pattern which normally forms in prior established bull trend. BPCL doesn't have prior established bull trend for this large ascending triangle. Nonetheless, this is a kind of bullish pattern as lower lows are being formed on the lower end of PF, substantiating the slope. EMAs have...

TukkaNomist

Use dip towars 14.60-13.60 to long soybean with sl below 12.50 for target of 20

TukkaNomist

Long term slope of Bankbaroda is looking up. Counter might see lot of hiccups to reach the upper median line. This set up is not for 2-3 years traders. It's only for those who are ready to see 50% capital erosion risk for 300% kind of return over a period of 5-8 years Disc : it's not an investment advice to buy or sell

TukkaNomist

Doing long straddle and strangle could give good return. Volatility is capped within large bearish candle. Buyers and sellers are fighting for the edge. For strangle , 1600 PE and 1700 CE are good. For strangle if gets 1650 level then straddle is good. Otherwise 1680 can also be choosen as straddle point. Disc : it's not an investment advice to buy or sell

TukkaNomist

Weekly RSI is showing negative divergence in strong overbought territory. Price is creating a bearish wedge type structure on daily chart. Wait for wedge to get transformed into Wolfe or clear breakdown to initiate short. Won't short without any of the two events. Buying will be avoided. Disc : it's not an investment advice to buy or sell

TukkaNomist

Buy in dip at 970-940 sl 860 TGT 1170+ Disc : It's not an investment advice to buy or sell

TukkaNomist

Tesla is moving as per expectation. See the attached view

TukkaNomist

Bitcoin is falling as per expectation.

TukkaNomist

Bears have got sandwiched between 2 bullish candles. Today's candle is bullish harami. Tomorrow's candle close above bearish candle will wipe out sellers. Disc : it's not an investment advice to buy or sell

TukkaNomist

Buy in dip at $15.70 sl 15.25 target $16.80-17.10 Disc : it's not an investment advice to buy or sell

TukkaNomist

Buy in dip below 725 sl 655 and hold. Disc : it's not an investment advice to buy or sell

TukkaNomist

Buy 228-223 sl 213 target 248- 265 Disc : it's not an investment advice to buy or sell

TukkaNomist

Keep selling for target of 30000 . Sell on rise around 52500-54500 with sl abv 57000. Disclaimer : it's not an investment advice to buy or sell