Last time nifty had U turn from median line this time it may take U turn from the UML of the pitch fork. Last time stochiastic was in over sold condition This time also stochiastic is in over sold condition in hourly time frame. cross over in stochastic will result in powerful hidden divergence. as long as it does not violate the Uml and channel, one can go...
so far in the first half it has obeyed my levels. just went down my buying zone but obeys and pulls back. handsome profit in the first half. let us watch where it plays out . go through my attached post of yesterday. follow me to get updates. don't forget to like my post.
nifty has slipped from target 2 and has retraced exactly 23.6 percent of recent move. it should bounce from target 1. however if it falls below it my stand will be neutral unless it takes out recent high. let us see if it bounces from from target 1 as shown in the chart. if it bounces it is ok. if not please wait for its correction to be over to take any long position.
As I had told if there would be gap up it won't be filled. Today nifty gaps up and only dips to touch the recent high and crosses target 2. next two targets target 3 and target 4 can be achieved in due course. if you have positions hold on to it. it appears target 4 can be achieved hurriedly let us see if it happens by this expiry or not. don't forget to like my...
in my last post I had suggested the importance of median line and had mentioned if it holds it may reverse. Bullish gartley did n't materialize as B was critical and nifty didn't violate that. As my last post was based on pitch fork I am sticking to that target 1 and target 2 are shown target 3 will be above that line in the chart. it appears we are in the 3...
harmonic pattern has been imposed on the pitch fork of my previous chart wick of green candle at B although extends to 78.6 percent the body closes above 61.8 percent next red candle also closes at 61.8 percent retracement of XA. AS such the reversal should takes place around D . It may extends little below it to coincide with 1.276 BD which is now around 1.13...
Nifty searching for direction. oscillating between over sold and over bought condition in stochiastic in hourly time frame. pitchfork captures nicely the recent movement of nifty. Right now it is at the median line. if it violates the median line target 1 and target 2 are possible if it holds median line its reversal is possible which appears to me to be very...
please watch my previous posts... from target1 to target 5 that too in f&o stock. had you followed my post. don't forget to like my post. follow me to get updates
After three wave move nifty fell continuously for two days and back in to the base channel. we are not yet sure whether the rise was an impulse wave. on Friday after gap down opening nifty had fallen to support 1. from that support it had bounced to cross the opening price but could not sustain and fell to violate support 1.Now it is at the lower channel line of...
target 4 and 5 ahead. follow me to get updates. don't forget to like my post. watch my previous calls.
watch my yesterday's post. don't forget to like my post. follow me to get updates. I have stopped posting almost as less likes more watch
public sector banks along with private sector banks finding buying interests. In case on bank of boroda in coming days target 1,2 and 3 may be possible. don't forget to like my post. follow me to get up dates.
Instead of filling the gap completely that it had created yesterday it fills up the gap of this morning. if DII buy today in the second half we can see recovery otherwise there will be further decline. around 11 p.m I had posted today my 1 st post. don't forget to like my post. follow me to get updates. go through my post of this morning attached here with
reversely it appears it may fill up the gap that it has created today. seems to be negative for nifty. don't go long if it fails to fill up the gap that it had created yesterday. don't forget to like my post. follow me to get updates. go through my yesterday's post
this underperformed pharma stock is trading well below its all time high. Could not rally last time after good quarterly result. it appears its break out is taking place slow and steadily. It is a f&o stock hence not a study on f&o perceptive. Target has been achieved Target 4 may be achieved in due course. don't forget to like my post. follow me to get updates
this reminds me the way nifty and bank nifty had created gaps during their downward journey last year. Gaps if they are formed in 3rd wave or C wave needs time to get filled up. It is really matter of concern as both nifty and bank nifty had not filled up the 1 st gap completely but have both created another gap today. With rising covid cases in India may not...
through out the session nifty was trading around WL 1 but could not get past 15000 due to expiry factor. it appears to me it may touch `WL2 tomorrow. it may go to the range 15066 to 15077. one can get the idea of wl1 and wl2 from my previous idea. don't forget to like my post. follow me to get updates.
Nifty touched the 2 nd warning line. long positions only if today's high is taken out.