Above 459 - do not forget this stock -it is gold- remarked at 14:45 Hrs -16th May2017. Post 500 -it can attempt 515-520 but emotions were stronger as compared to the vertical target line drawn in last update mentioned below. Previous Update - 445 for 490 & above 500 for 515-520
Excited as TCS bags the channel contract when it started at 2250. We picked right at the bottom 2335 & closed at 2700 in 3 attempts at Rs 1,23,750. What Next? We will wait to see whether it faces resistance at the channel top, which it has already respected at 2708-Day high@6th June2017, in that case it can slip down & to what extent we will keep that as open...
If it is not a normal delivery than has to be googly or doosra. Go ask Harbhajan Singh (as we call him with respect in cricketing world -Bhajji). He will tell you doosra or googly are not normal ones & one can get it correct only by determination & practice. Going below 149 - can it fall to 145 & below 142 to 135. Be careful as markets can be volatile. Previous...
I am in the TCS train from 2510 - where you get treated as if you are maharaja similar to treatment in Rajasthan Royals Train. How many of you have travelled in that train to get heavenly experience. Travelling from the starting station has its own experience to share. Will you share your experience with me. I will be glad. Previous Update - Did you sell at...
Scenario 1 (previous update)- 160 was the critical level after 156 - As soon as it crossed - it rallied to 200+ making highs of 216. Previous Update- Bang on Channel Magic- Gartley X-Factor @159.40 Trading Strategy An evening star bearish candlestick pattern once achieved by end of this week - we will use the strategy -sell on the bounce.
Once it breaks below 279 -strong support zone -likely it slips to 265-267 support zone next. Previous Update - Be careful in 300-320 zone with deep crab
Wow! - It was 5 candles & down in the zone 2510-2535 as expected when TCS was dancing at 2600. Later took support in the zone 2510-2535 & pushed upside to 2591. The latest candle formed at 2591 has long upper shadows & small body which gives an appearance of a shooting star candlestick pattern which indicates weakness. This weakness turns into strength once it...
Above 154.50 for 157 - sustaining above 157 next 160 & above 161 for 165-166 Target zone for the harmonic pattern.
Sold at 445 for 408 with the block hole delivery update earlier & bought with half completed TechM initials in the zone 400-410 for target zone 423-425- Bang on Target. Counted simple waves from 445 tops -circled waves i-ii-iii-iv (booked profit in this wave at 425) & now expecting "circled wave-v" next This current wave retraced 50% from 442 to 408 wave...
Aptecht has taken support of 20 period moving average & looks like some steam is still left. In today's session- let it pullback to the zone 128-129 & rally above 130 mark- in that case longs could be initiated taking care of 123 as important support in scenario. Regards, Abhishek H.Singh, CMT
The fall looks impulsive & started falling from the top edge of the channel which was expected. Previous Update - Can't stand the heat- come out of the fin kitchen Trading Strategy 285-290 zone if holds next then it should bounce to 310-315 zone if achieved & we see resistance coming then we shall plan for sell on the bounce here as well.
The fall from 315 kissed close to our 1st target zone of 280-285. It is taking support between 287-288 Zone. Any Move above 290-293 Zone likely helps to retrace to 298-301 Target Zone. Previous Update - Careful with deep crab
Zinc has an excellent corrosion resistance property hence used as preferred coating material in industries. Galvanization is the process of applying a protective zinc coating to steel or iron, to prevent rusting so we enjoy but I will excited if this coating goes off which is artificial to expose it's real beauty. So, we want this coating to go off above 250 on...
Previous Update- Doji to give the up leg & finished the final leg in the triangle right in the block hole at 675- 680 target zone as expected. EURUSD Falls from 1.1299 Trading Strategy We shall look for a bounce to enter the selling camp as Auro going below 620- likely to attempt 570-580 target zone - In this bounce 675 is the key & critical level, as...
Tech Mahindra- I am super excited as Tech Mahindra forms its initials on the price chart & looking at this & as I was even thinking about this logo(initials) for so many days, dopamine release in my brain -motivates me to write more & I say thank you to the community for their...
Auropharma made a new low @577-578 since Oct 2016. It was an amazing journey which started from 895 -in the update "is this the end". Short term Bat's curse on auropharma made it fall to 577-578 -which went passed our 2nd target zone of 580-585 as suggested in the update. Update - Bat's Shadow in the PRZ 620-630 Update - Turning into reality from 895...
Mothersumi if faces resistance between 430-440 -you should be careful as butterfly can deceive the bulls. Once we see it facing resistance & not able to cross the zone 430-440 then we look for targets downside at 335-350 as 1st Target Zone. Below 335 for 275-280 as 2nd Target Zone & Below 275 for 245-255 as 3rd Target Zone. Last Idea Published - Tech Mahindra -...
Retraced 50% at 155.50 minimum expectation done - can push upside for 187-190 in coming days where where wave-i travels an equality distance to proposed wave v. 155 is psychological level. Previous Update- Lock your profits with the breakout@172- Sharp fall from 190 to 155