akhil1206

akhil1206

Wedge breakout ..... look fr pullback to enter long to cover the measured move of the wedge brekout tgt for bajaj finance.. 38% retracment of the move from top of 4923 and bottom of 1783 also coincide with the wedge tgt ... so look fr buying opportunity on ur sutaible time frames.. Caution if any candle closes below the breaout candle...

akhil1206

Possible regualr flat correction on ICICI daily chart ... look fr buying sign to complete the wave C...if this thing plans out then 50% retacement of the whole fall from the top of 550 to 270 is the idea tgt fr wave C at 410 ... As the regualr flat correction,, C can rally to A at 390 and if extended to an ending diagonal chances of C hitting at 410 is there. B...

akhil1206

We are in a BIG corrective pattern in the form of a potential WXY pattern from the TOP of 12410 to the BOTTOM of 7510 ... W and X seems completed now. If y has started it shd be in the form of yet another impulse 12345. X low is the key if it goes ...this wave is invalid.

akhil1206

Reli at 78.6% .... from the lows ... seems tat mr ambani is in hurry to make the most out of it .. before the lockdown gets over... nice try mr ambani.... so shall we go down from here... honestly u cant go straight up to ur last swing high... if it does.. then ur the biggest manipulator of indian stock market.. oh and by the way ur outperforming nifty by more...

akhil1206

GOLD with the KUMO (future cloud) now turing positive again and an average bullish TK cross on the daily cud resume its upward bias ..first thing first,,, double top test 1680/1700... weather it will break the top is a secondary question.. Any daily consecutive close below 1570 will invalidate the bullish bias.

akhil1206

A Bearish Kumo Twist on the daily on 22nd feb and a weak TK cross on 19th feb...wait fr 2 candle close below the cloud and then sell Nifty fr 10350/10200 and 10000. SL will be candle close above cloud.

akhil1206

Sell icici bank below 337 to fill the gaps at 315 and potential downside till 301/302 levels.

akhil1206

look fr a falling wedge breakout .... buy above 121 tgt of 130-35 measured move.. SL swing low...

akhil1206

Falling wedge pattern....look fr buying opportunities above 402-05 areas fr the tgt 420 and above...keep swing low as major SL ....

akhil1206

the 3 white soldiers on the weekly time frame just presenting a picture tat the bulls are here to stay for a while...buying is advised above the 3rd soldier to retest the earlier all time highs... having said so look for some pull back also at current levels... the 50% and 61% retracement levels r the targets

akhil1206

no explanation ..weekly support at 230 buy with tat SL above 240 look fr a 38% retracement at 275

akhil1206

rectangle formation in federal bank with range of 10 points from 87.50 to 97.50 ,,,look fr a breakout on either side fr a possible 10 points reward.

akhil1206

nifty at important time cycle date cud play a bounce back to test the 200 dma before the drop down to make new swing low.... the gap cud be an exhaustion gap also....looking fr buying opportunity here... look fr a buy on Monday open with a stop of 9900 fr a tgt of 10100-120.

akhil1206

rectangle pattern breakout ....and bearsih cloud ,,just sell fr tgts of 1800 and beyond (1765) ....the rectangle range was abt 80 points ...so the downside tgt cud also fetch u 80 points...but first tgt 1800 ,,

akhil1206

Sell DLF if it closes below 218 fr a TGT of 210-200 ,,price trading below the cloud and the future cloud still bearish ...SL will be a lose above the cloud.

akhil1206

bearish kumo twist started forming now ...we r well on the way to the gap but will it be a straight down approach or a zig zag approach.

akhil1206

A bearish engulfing on the monthly chart for NIFTY 50....wr do u want to book it the 20 DEMA for monthly is around at 9600.

akhil1206

look fr a close above 946 levels and tgt fr 965-80 SL 910 close ..we have a new kumo bullish twist also