bijoy2526

bijoy2526

please go through my post of yesterday. it picked up again to hit all time again. had predicted the target precisely. Don't forget to like this post. follow me to get updates. please go through my post of yesterday.

bijoy2526 Updated 

what a move adani is having. I was having this chart when adani had crossed 2900. the target is based on wave propagation. and it is my study not any trading recommendation. if you want to trade it ,it should be with strict stop loss.or buy when it dips to 20 period hourly moving average. it is in quite over bought condition. don't forget to like this...

bijoy2526

Rally started from the lml (lower median line ) crossess the median line with ease. crosses the uml of the pitchfork with ease. now about to touch the intermediate line between uml and warning line 1(shown in the chart) whuch is around 18030. if crosses that it may touch 18350 which is at warning line 1. some correction is overdue let us see if nifty is going to...

bijoy2526

My detailed study of reliance published here prooves its worh. please go through my last post of reliance. Reaches the target with in early hour of trading. don't forget to like my post. follow me to get updates.

bijoy2526 Updated 

So many factors influencing price of reliance. Windfall tax ,Reliance missed the estimates. However it never closed below the recent low around 2365. on Friday it managed to close above 200 dma (it is hourly chart) which is positive for it.Now it may attempt to cross 2542 which is its recent high on 20 th july. Any decision for windfall tax may help the price of...

bijoy2526

In the chart,pitch fork,channel,and trend lines have ben shown. Infosys will be declaring its result on this Sunday. It may touch and cross the uml of the pictch fork. and may break the downward sloping trend line . This is my analysis only not any trading recommendation. some recovery of beaten down IT stocks are expected. stochiastic just coming out of oversold...

bijoy2526

Well these ideas were conceived by me before. Recently the triangle breakdown was understood by me just one day after it declared its result. These charts were with me. Though the H&S target has been met,the triangle break dowm points little lower.. this is my analysis not any trading recommenadtion. H&S break down does not say the decline will stop at the...

bijoy2526

its stochiastic readings are so low in weekly time frame even during march 2000 such readings were not there. Consecutive two NR7 weeks and two consecutive inside bar day and NR7 day have occurred incase of Relaince. It has not touched lml of the pitchfork inspite of this low readings in stochiastics. It appears any positive break out will take it to the median...

bijoy2526

it appears this attempt of crossing the weekly trend line is not succeeding. Today's close is below 20 period weekly average . some retracement may take place. please refer to my ysterday's post. After long rally bank nifty it seems some correction is due for it. Three more days left to end of this week. It may attempt to clear this trend line. This is my day to...

bijoy2526

As expected yesterday,Bank nifty has managed to close above 20 period weekly moving average,also attempting to cross the weekly trend line shown in the figure. stochiastic was in over sold condition yesterday but not today. it seems the outperformance of bank nifty will continue and next task beforee it to over come next pivot which is at 36129. This is my...

bijoy2526 Updated 

we had one way rally in bank nifty. now it is trading above 20.50.dma . and on last Friday it has retraced from the region of 100 dma. as the rally is alomost one way ,hence it cooling down a little is not ruled out. My prediction of it was spectacular last week. I expect a little colling down of it. However if high of Friday is taken out next level is...

bijoy2526

simply it is the weekly trend line. of course it is going to cross this trend line this time. I had asked to book profit to all option buyers at the touch of that trend line. I had posted about ITC some days back. its target 1 and target 2 has been achieved, Please go through my previous post of ITC. Don't forget to like this post. follow me to get updates.

bijoy2526

touches 20 dma. please go through my post of yesterday. Now next target before you. Please go through my reliance post. It is rocking too.don't forget to like my post. follow me to get updates. Please go through attached charts,

bijoy2526

how was my chart? are you following it? precisely drawn level it strikes at. ajaust wait. 1st hour of trading is only completed..those who benefitted by my call please let me know. don't forget to like my post. follow me to get updates

bijoy2526

go through my chart of reliance. may not decline as expected but getting ready for further decline. as first hour candle is huge follow up will be there if there is institutional selling. local players had done their job. don't forget to like my post. follow me to get updates

bijoy2526

immediately tatapower may fall to 198. there after we may get a pull back. still its trend is downward. let us how it turns out to be.

bijoy2526

Yesterday it was NR7 day for bank nifty. today gap down opening at 33179,then immediately bank nifty jumped to day's high at 33659,How ever this high price was rejected at once and bank nifty could not cross that high price through out the day, Indeed I suggested to buy 33400 put when bank nifty has reached that high point. of course that pe jumped from sub...

bijoy2526

This chart of reliance has rocked too like my earlier charts of relaince. it has touched the designated line shown by arrow mark in the chart. How ever in daily chart(this is weekly) reliance is now at 200 dma. Breaking below the weekly low only will take it to next level down. But if nifty bounces reliance will decline I don't think so. incidentedly the rise...