If 920 holds as support & it starts moving above 928-930 Zone - then it can push to 965-970 as initial target & later 995-1000 as 2nd target. Previous Update - We are in heavens at 999- 12:56 Hrs -26th May2017- Closing this call
154.50 Key Level - Looks like unfolding a triangle -if goes close to 152-153 should remain below 154.50 - Googly or doosra can turn again from highs of 152-153 holding 155 on top can fall to 146- Below rising trendline to 142 lows & below 142 for 135. Other Scenario - Moving above 155 & staying above 155 only buy positions to be taken for an upside move. ...
Be careful, crab in the circuit can trouble & take the power away from power grid. 212-220 Zone is crucial resistance & Break of rising trendline can be the signal of power loss. Any move above 220 on sustained basis only can give us a clue that crabs can't do anything.
H & S- Head & Shoulder Pattern. M.B. Master Blaster or Mahendra Baahubali. Have Patience & get rewarded in your field. When the right shoulder gets completed -which can bounce to 295-300 zone or can travel halfway & start falling-we never know. So, I always keep myself away from guessing as it will waste your time & energy. We all know 279 -how crucial &...
Two similar structures shall give power to zinc before it explodes above 245 next. Polarity Reversal Why 245- 245 is the polarity reversal level because earlier it was good support & this time it acted as resistance. So, any level which changes role from support to resistance & vice versa is called polarity reversal level & if we talk about zone then it...
Harmonic Garley -Bounced off with Morning star candlestick pattern at 1720 - Short term upside targets 1740-1750 going above 1733 highs. Stops below 1720 going above 1733.
Lawyer is back with the bank in current case as client Previous Analysis ( Act like Lawyer) Trendline passing through 39.40--57--67.30 Basic Application of Technical Analysis - 2 points to draw a trendline & 3 points makes a valid trendline- the more bottoms you see on this line which is coming from 39.40 lows -holding this line line supports in future as...
TCS got the contract for Rs 1,23,750 that doesn't mean that you will sit & don't work. Sitting idle & not working will make you lazy -that's the reason for its fall from 2708 highs. It has revisited to 2510-2535 important zone as stated earlier. Holding this zone if it bounces above 2530 & crosses 2555 as well then it can touch 2600-2625 target zone. Going below...
This time it turned from 202.50 channel top again. I was looking out for a turn at previous tops of 191.50 -got extended to 200 odd levels & the fall starts which took straight to 167. I stopped tracking the update. Previous Update
Going Below 600 - Likely Shark Effect will be visible. Previous Update - 625 to 578 -Bat's Curse -fall extends to 503
Moving above the falling trendline & holding 225-230 at downside- I shall look for 244- 248 Target Zone Next Above 250 for 257-260 Target Zone & Above 260 - Up -Up & away if extends above 260 & holds above that level else be happy & trade happy. Previous Update M333 with Zince coating.
Zone of 23440-23450 if holds which is 78.6% of XA leg -requirement for Bullish Cypher. Don't jump for trade wait for market confirmation & see some bulls are interested or not & then take your call. Target Shall be 23550-23610- Above 23700+
Expecting the push to continue above 400 to 408 - 410 zone. If faces resistance, then we shall look for selling for lower targets back. Previous Update - Revisiting the fall from 515. Close to Target Zone 325-335
Bullish Cypher between 456-458 zone. Can add more if crosses 465 for targets as mentioned in previous update. It should not move below 455 or sustain below 455 as going below 450 handle -it can fall sharply down. Target 1 : 462-463 Target 2: 480-485 -for this target it has to cross 465+ mark & sustain above Target 3: 515-520 Previous Update - Fly & Fall...
Excited as TechM is close to target zone of 325-335 as expected in Jan2017 update. Putting down TechM 2016 Diary-Beautiful Picture Turns down from 500-510 Zone which has nested charts & updates how we moved in 2016. Revisiting TechM as 6 months have passed in 2017. Key Level- 447 Critical Level-515 This whole structure from the highs of 749 is almost...
Bracket (( ))- means circled wave. Its an ABC structure on the weekly chart of TechM- as suggested -look for selling at ((e))-wave once completed. Beautiful Picture- turns down from 500-510 zone post completing ((e))-Wave. 507 is an important level or resistance -not to be taken out in recent coming sessions- 507 if taken out on upside, then structure violates-...
L-S Long First & Short Later is the opportunity I shall be looking from the Tata Motors counter. Trading Strategy for Bulls 484-486 is the zone of importance as upside & downside reversals has been seen in that zone quiet frequent shown by thumb, so moving above 486 on sustained basis we will look for 515-525 as Target Zone for bulls. Trading Strategy for...
Just Said -Don't Go long at 238.50-239 Zone in previous update mentioned below - We have bearish harmonic at the 239 tops. Previous Update - Zinc -You are back again at 230