atulm

atulm Updated 

Nifty long as per chart.

atulm

Nifty moving in consolidation. Leg 1 and 2 completed. Leg 3 going on, Leg 4 and 5 pending. Target for short trade 10650. All other things are self explanatory in chart -Five Eleven Trader Training Institute, Noida

atulm Updated 

4 day old consolidation is over. Breakout has happened indicated by red trend line. Taken Nifty Call 10500 at 87 (when Nifty Spot was at 10572) Stop loss at 78. Target is Fib retracement level of 61.8% at 10708. Contact for more such advice.

atulm

Nifty broken yesterdays low, fresh down move / retracement started. Target of 38.2% is 10245, with a Stop loss at yesterday's high 10423

atulm Updated 

Nifty long trade Buy level 10401, Target 10510...10560, Stop Loss 10368

atulm

Suzlon Breakout

atulm Updated 

Nifty is forming Harmonic Bat Pattern, the completion at point D is expected at 9384. Further 23.6% retracement of the move from lows of 26-Dec-16 is at 9282. So the pattern will complete between 9384 – 9282. Third leg of Elliot wave completed at 9472. Leg 1 and 3 are of 135 points approx and leg 4 is going on. So final leg 5 is remaining which would complete the...

atulm Updated 

Possible Nifty scenario based on support and resistance trend lines. Assuming current bear phase is continuing and the current upswing is just a short covering. Resistance for current up move @ 8170 (+/- 10 points) and target is 61.8% retracement @ 7650. This will also complete the last wave of down move and then possibly pre-budget rally starts by mid January.

atulm Updated 

Nifty - Head and shoulder pattern developing for short trade for a target of 8143 and further on breakdown to 8000.

atulm Updated 

NiftyBank in a trading range, look out for the breakout from the channel on either side for a trade.

atulm

NiftyBank - Taken support at trend line. Side to trade is still long with Stop loss at 18180.

atulm

Buy Bank Nifty - ascending triangle,