akshaydoshi9

akshaydoshi9

Next target is 440.....

akshaydoshi9

Nifty currently resisting at 78.6% retracement area of previous down fall. and daily RSI suggest breakdown

akshaydoshi9

Nifty currently resisting at 78.6% retracement area of previous down fall. and daily RSI suggest breakdown

akshaydoshi9

As per Elliot Study it has recently completed wave B and currently in Wave C which probably should end between 170-150, also on Monthly RSI there has been Range shift on down side which again confirms our levels of 170-150

akshaydoshi9

Bouncing from 38.2% Fibonacci retracement level of of previous range which indicates that stock might hit new high from here

akshaydoshi9

by looking at price action it seems to be stock will start new up leg

akshaydoshi9

it is seems to be nifty nearing end of long term uptrend

akshaydoshi9

Headed South

akshaydoshi9

on Monthly RSI of Hexaware it is range shift has happen along with that price has broken down form intermediate trend line. it is seems to be headed towards 250 levels

akshaydoshi9

Bearish Divergence Spotted !!! Nifty is making Higher high whereas on RSI it is making Lower High.....seems like nifty will drop further in near term

akshaydoshi9

Stock is in Downtrend and after breaking down recent support trend line it has posted pullback which terminate at 38.2% Fibonacci levels of previous down move....it seems like stock may hit new low from here Regards, Akshay Doshi

akshaydoshi9

in Downward Channel ......and sell on every rise.......personal target remains at 180