Had an impulsive move from lows@58.80 since Feb2016. Currently its in sideways move from its high@180.65- going & sustaining above 170-172 zone can be an opportunity for Hinadlco Bulls for longs initially for target 180 similar to previous highs-later let me come back again. Longer Term- If HIndalco gets support in the zone 145-147 which is double bottom can...
MCX Crude jumps 150 points from 3200 -3205 to 3340 current price & International -it jumps to 49$- like we book & exit.
L-S Long first & short later When this whole structure started, I visualized that its powerful trade setup & I was all the way short from 8800-8850 when we had these overlap waves as suggested that i-ii-iii-iv-v to give us larger wave-1 then dramatic wave-2 which had trump victory- gave us 8600 top-later we had again down -down & down move. What Next? Looking...
Bang On Target- 400-405 zone. I am excited to start today's day, which filled the zone as expected. This morning,TS was in a hurry to kiss that zone & surpassed by making day's high@412 which is 50% retracement of the fall from 441 to 380. Key Support-387 What Next? The way it has fallen since morning@412 -bears are lining up to take their share. It is likely...
When prices make higher lows (green line) & in the same duration if you notice lower lows in Indicator as shown in the MACD indicator (red line). Looking for B-Wave upside which could retrace in the zone 50% to 61.8% zone- giving us target zone of 545-560. Sustaining above 520 could be keenly watched for target zone 545-560. Falling from 600 to 467- click the...
431 shall be likely supported -if that breaks, then much bigger problem.
Excited to get the 5th wave as expected 5 months back Expect some pull back & likely to cross recent high to finish the larger 5th wave as expected below. EURUSD & USDJPY- 1750 pips combined
Previous Update- How it turned from 71-73 zone & boom for 79 before falling back
Look how Jindal Drill -if goes above 160 & sustains likely to push deep upside & more likely to repeat the double bottom pattern which it knows very well.
B2C- (B2C) is a business or transactions conducted directly between a company and consumers who are the end-users of its products or services. Yes, Isn't that lucrative for end users why because products reach directly to the consumers - no middleman- no obstructions- no resistance & crude travels b2c from 43$ to 52$ with a double bottom- an important lesson from...
I was excited about getting approx 90-100$ last time from 1250$ to 1335$- will this magic be repeated again -well time will let us know. Infact before that magic could even start -I got a supplement bonus of 20$ Bang on Target- Amazingly, it turns from 1200-1201$- Nothing to lose only gain what is the Risk Reward? 20$ Bonus to start the journey 100$- Oval
Click on the chart USDINR@22nd May2016- Impatient About Acche Din I chose this headline for my report on 22nd May2016 because every Indian since they voted BJP to power in 2014- had high expectations from the running government & everyone was desperate to see better results, but why we forget the devastated state of the economy which was to be restored to...
Holding 360 - if Jet bounces & travels upside first to 385-389 zone. Above 390 can travel to 410-420 zone- if this happens then we will conclude that 3rd wave is getting subdivided. Key Support-360 Falling From Triangle
Reliance could bounce going above the trendline & likely if sustains above 1000. Sustaining Above 1000 -can look for the 1035-1040 zone. Falling from Triangle Top- Connecting Piece
If Nifty crosses swing high 8143 then likely It will look to test 8185-8195 zone & Above 8210 -This whole sequence of the fall from 8600 to 8060. Who is playing with numbers -I just shifted these numbers from unit, tens & a thousand places to get 8060 out of 8600- like a kid- Thinking out of the box. Likely that's been fun part- Serious Part: Downside there is...
Double Bottom in the zone 370-372 zone if holds, then likely we can expect a bounce for Jet Airways in the coming session. This scenario can play out once it holds above 370 & most likely if crosses 390 then it can go deep upside possible 420+ zones- which is premature now- so, keep a watch on the counter. Leaking from the triangle
(( ))- Circled wave If Reliance starts moving above 995-1000 zone- it could give the C-wave of yet to complete ((iv))th wave in the zone 1035-1040. Monthly Triangle for Reliance- The future pathway
Going above 178 swing high- likely Trump tower could extend in the zone 190-195 but be careful, it should not trade & sustain below 177.65 highs. In case there is a gap up opening look for some pullback to enter into the trades taking care of 177.65 highs which should act as guiding level in further sessions. Once done, we will expect this (X) -wave to...