Nifty touched the 2 nd warning line. long positions only if today's high is taken out.
watch my yesterday's post now nifty is at target 1. don't forget to like my post. follow me to get updates. finding fewer no of likings .
According to IMF economy of India will expand at 12.5% than previous forecast of 11.5%. Better than china for which it has suggested 8,5% on Monday as wide spread of corona brought down nifty. by the way it filled up the gap that existed prior in the up move. nifty did not violate the recent low 14264 The second pitchfork that I have drawn captures the move of...
ultimately it seems nifty has broken out of uml. on Tuesday nifty was able to touch uml how ever on Wednesday nifty had gapped down opening but it did n't came down to median line.it touched the line drawn in between median line and uml. when ever price is rejected at the uml it should touch the median line. when it does not not do so its breakout of the uml...
facing resistance at uml let us see if it can take out this or slips further. don't forget to like this post. follow me to get updates.
I had mentioned on the comment section of last chart posted 1 st target is median line and 2 nd target uml. any one had followed that? I had traded based on that. market symmetry work most of the time in the past I had posted many charts based on that. today's nifty chart is an example of that. please look back and see the chart posted last time. don't...
SGX nifty high suggesting high of 14834 (Friday) which is right at the UML of the pitch fork 14834 range will be very tough resistance nifty. recent pivot is (lower high) 11878 that can be easily detected from eod chart. let us watch how sgx nifty behaves on Monday. at 14840 range stochiastic will be in over bough zone. If nifty is unable to take out UML on...
nifty has taken support at critical level. however it has violated recent low. if it violates today's low there is high probability that it may go down to target 1 and then target 2. today's low is very important. don't forget to like my post. follow me to get updates. as it appears to me some bounce towards 1 p.m today was due to monthly expiry related.
huge hourly green candle from that zone in hourly chart. will update later after trading hours today. don't forget to like my post. follow me to get updates
can it be able to hold on to target 2. watch it care fully. follow me to get updates. don't forget to like my post. I am posting for you all .
how was my call... click my stock ideas.. such perfect ides you can not find any where else. follow me to get such ideas. don't forget to like my post. want to know next target?
Can this expiry volatility prevent bank nifty touching my target 2. watch it carefully. follow me to get updates. don't forget to like my post
bank nifty fills up the gap which I had mentioned in one of my post. and gap provides strong support to it. stochiastic is in over sold condition and there is divergence between price and oscillator. Hence bank nifty may bounce from here. as such it is premature to assume that it is going to take out all time high. as per me another selling opportunity lies...
I checked the chart of infy last night. found it making double top and stochiastic in over bought condition in daily time frame. just checked the wave structure of infy which appeared to be might be in the towards the end of third wave of this rally. drew a pitch fork in hourly time frame and found it is respecting upper median line of the pitch fork. decided to...
watch my call. don't forget to like my post. follow me to get updates.
watch my yesterday's call. among expiry volatility and world indices rise bank nifty failed to sustain at high price. falling rapidly. don't forget to like my post. follow me to get updates
proceeding towards target 1 and target 2. much awaited correction taking place after complex ups and downs since mid of February. if US market reacts negatively after scheduled fed meeting there may be gap down tomorrow. don't forget to like my post. follow me to get updates.
Nifty has underperformed their counterparts in US market. the correction which was started in nifty from Feb. 16 is quite complex in nature and is one of the most difficult part to trade I had mentioned that this would like to be in my one of my posts. no clear trend visible unlike in many corrections in this ongoing rally yes this is natural as thinking abt...