TukkaNomist

TukkaNomist

Buy abv 34356 and upto 34500 sl 33900 target 35800. Sell below 33350 sl 33820 Target 32600-30500 Bounced from the bottom of channel. Made 2 similar bottoms in the horizontal consolidation. Daily chart shows 🐻 got sandwiched buy bulls ( last 3 day's actions). Breaking of horizontal bottoms may lead to sharp fall in price. Disc : It's not an investment advice...

TukkaNomist

Nifty next 50 had broken the parallel channel but still managed to close within the boundary. It had bounced from 240 Dema. Daily close below 33460 would be negative for 30000-30500 zone. LL on daily chart is not a positive structure HL is required to be posted to confirm the respect of lower boundary of channel. Disc : it's not an investment advice to buy or sell

TukkaNomist

Buy with sl below 5335 for targe tor 5525. Price has bounced after making lower wick. Disc : it's not an investment advice to buy or sell

TukkaNomist

Range has contracted to the lowest in last 7 days. At the same time, price has breached yesterday's high. Volume had been seen on reversal from 270 but the price found resistance at higher level. These are the people who might have exited seeing bearish crossover of 20 and 65 below 240. I assume that supply has ended as price was unable to breach 269 and...

TukkaNomist

Nifty50 has started making lower high lower low structure (LHLL) on 10 DEMA. At the same time , 10 DEMA has crossed below 20 DEMA. On1st June June 2020, 10 and 20 DEMA had started making HHHL structure which was the confirmation of bullish trend. 10 and 20 DEMA are diverging as 10 made LHLL but 20 is still in bullish mode making new high. Short term view is...

TukkaNomist

US 10 Y has reached the target anything abv 1.75 and upto 2 will be a supply point for another down move

TukkaNomist

125 is the level below which if I see weekly or daily close (2 days) then I will be bearish for target of 40-50 . In case if it bounces off without breaking 125 then 177-190 will be the zone to offload holdings. Only weekly close abv 220 will make me bullish for long term in coal india.

TukkaNomist

Waiting for price to test 1370-1380 to search for entry opportunity. DCB 1260 is the stop loss. If price reverses from 1370 then expectation will be of 1750+ levels. Disc : it's not an investment advice to buy or sell

TukkaNomist

Buy in dip at 51 sl 44 target 85 . Volume is absent in correction . Lower wick has emerged. 20 Dema may provide support Disc : it's not an investment advice to buy or sell

TukkaNomist

See the attached chart report posted earlier. Point of confluence are the likely targets of market. Energy restored area is the point where market may take actual support. Disc : It's not an investment advice to buy or sell

TukkaNomist

Sell Nifty on rise around 15025 and 15100 with sl abov 15350 or 15450 for target of 13870 by 23rd or 31st March. There are 3 slopes of the trend which are converging near the 13870 which was also an energy point. Price has shifted the frequency which resulted into high bar on Friday. Today's price has seen separation from the black slope by a good margin. Retest...

TukkaNomist

Sell on rise around 320-324 sl 331 target 290-285 Disc : it's not an investment advice to buy or sell

TukkaNomist

Sell on rise at 123.20 sl 126.55 TGT 118.4 Disc : it's not an investment advice to buy or sell

TukkaNomist

More upside can be seen till 111-115 . After that a cool off can happen towards 95-90 region. This is the region where one should buy stock with sl below 78 on daily closing basis for target of 150 and 220. I prefer pull back trade to center median line as stocks have assumed tendency to react back to median line. Disc : it's not an investment advice to buy or sell

TukkaNomist

Last 3 sessions candles have made a sandwich type structure. 1 st candle was bearish but with a lower wick. 2nd candle made bullish harami pattern by opening gap up but closing within bthe body of 1st. Bulls tried to push price but sellers kept hold of the resistance. 3rd candle should have been bullish in follow up of buliish harami. Price opened higher then...

TukkaNomist

RSI failure alongwith negative divergence is clearly visible . Sell below 1882 sl 1990 target 1780-1650 Disc : it's not an investment advice to buy or sell

TukkaNomist

Trend is still weak for 270. Range has increased along with minor increase in volume. RSI has dipped below 30. Wait for some range contraction along with increased volume to justify reversal. 260 is one major level on daily closing basis. Weakness is still there.

TukkaNomist

Wheat is the most bullish commodity at this moment mnit has come out of multimonth consolidation. $5.65 is the level which must hold for upmove to continue towards $7.40 - $8.15 - $9.30. It has closed below 65 DeMa but volume is not that great . $6 is the level below which most of the buyers will exit. It can create such scenario to cut out loose hands.