bijoy2526

bijoy2526

gap up opening and sold from high. still maintains the up move. in hourly charts seems to be consolidating around the black line shown in the chart. if breaks today's low may fall to 15430-15480 and that is the buying zone. otherwise if breaks today's high may break the channel in that case target is shown in the chart. in both cases the up move is intact . after...

bijoy2526

go through my previous post. just at striking distance from the target. don't forget to like my post . follow me to get updates. go through my call for reliance rocking now

bijoy2526

last night I had studied its chart. and traded it just at the beginning and holding position. I had expressed my opinion that reliance will help nifty in its present rally. let us see how far it proceeds. do n't forget to like my post. follow me to get updates.

bijoy2526

just remember what I had told on 22 nd may. Don't forget to like my post. follow me to get updates. watch my previous posts

bijoy2526

Have you observed the target 4 of my May 24 post is touched today? today as expected nifty tested the Resistance of my previous post which happens to be my target 4. yesterday's movement of nifty was only to get rid of weak retail traders. tomorrow due to expiry still will there be volatile or one way direction? the direction is already established. But will the...

bijoy2526

today's open is almost equal to high. selling observed at the opening almost. today in nifty 32 stocks advancing where 18 stocks declined. nifty has taken support at 20 period of moving average in hourly time frame. 15175 is imp level to watch. today it has closed above this. nifty forms higher high and higher low yesterday's low has not been violated. how ever it...

bijoy2526

Idea published on Saturday. don't forget to like my post. follow me to get updates

bijoy2526

don't do that mistake this time. simple logic based on pitch fork. Of course I can explain it in other way but I am sticking to pitch fork first it has taken U turn from the MEDIAN LINE (mentioned in one of the chart attached here ) and violated the UML. after violating it fell back to UML on Thursday please see my chart of Thursday evening. Had it violates the...

bijoy2526

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...

bijoy2526

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.

bijoy2526

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.

bijoy2526

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...

bijoy2526 Updated 

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...

bijoy2526

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...

bijoy2526

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...

bijoy2526

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

bijoy2526

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...

bijoy2526

target 4 and 5 ahead. follow me to get updates. don't forget to like my post. watch my previous calls.