Coal India is currently swinging in Rs. 202.6. It will go up to 207.. from there down trend expected
Market may move like this.. may be expect down trend from 12320...
In day time frame Hcl is travelling in channel pattern.. Now as per fib level 1.61 level is showing 1200 and this will be double top.. Then after down trend expected...... Let’s see.....
Bank nifty near to double top .. after completing the double top .. Bank nifty will fall down.. expected target is 28000...
1. As per the chart, nifty is formed double top & raising wedge pattern also seems ascending triangle pattern. As per the pattern formation nifty should come next resistance of 11371. 2. Fib level swing high to swing low is showing .5 fib level ( golden ratio) 11371.. Most probably we expect nifty will fall in coming weeks. Target is 11371.
Now Nifty is Completed the double top and fib level 1.618 Now nifty will come down for 130 points by next week... fib exten level also pointing the level of 11870....
Nifty will create double top and get down as mentioned in the chart
Nifty is forming triangle pattern... As mentioned in the chart nifty will move like this....
bank nifty is forming triangle pattern.. it will go down further 800 points in intraday.. maybe in 2 days...
Hi All, As per chart there are 2 scenarios. scenarios -1 For Long - If it breaks 770 take entry for long. once it breaks this will reach Fib target (1.61) 837 with out any noise. scenarios -2 For Short - if it breaks 698 we can take entry for Short and the target are 685, 670, 651.25 (as per Fib) and 630 ( previous day support.) But in my view infy will...
Hdfc break the trend line and this will further down as expected
Since kotak is completed its distribution zone, this is clearly indicating that downtrend is going to start....
Now SBI is in descending triangle pattern... SBI is being expected to move as mentioned in the chart......
Perfectly retraced in every levels
NIfty formed Flag Pattern
As analysed earlier the target perfectly hit. Next target mentioned in the chart... 51 Usd As per below hourly time frame still crude is in down trend...