bijoy2526

bijoy2526

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

bijoy2526

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...

bijoy2526

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...

bijoy2526 Updated 

watch my call. don't forget to like my post. follow me to get updates.

bijoy2526 Updated 

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

bijoy2526

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.

bijoy2526

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...

bijoy2526

As suggested by sgx nifty which has again hit all time high today there will be gap up opening tomorrow. target 1 and target 2 may be achieved. hopes reliance will also contribute to this up move. all IT stocks has started their up move. watch for hindunilever as it has underperformed the market. and outperformance of nifty is impossible without contribution of...

bijoy2526

it has been consolidating since 17 th February. breaking out of the channel will confirm its breaking out. today it closes above 20 dma which is positive for it. although it has formed red candle it has higher high and higher low. it appears it is going to touch the channel line soon. easy stop loss should be today's low. don't forget to like my post. follow me to...

bijoy2526

opens at the 20 dma, Surpasses the channel forming huge green candle. FII and DII figures turns positive. it appears the trend will continue. of course reliance is also going to break the channel it self(see my reliance chart) IT stocks appear to be rallying themselves. SBI has bounced again respecting the gap it had formed after its quarterly result(not filling...

bijoy2526

on its journey upward. it can anchor nifty to much higher level. look at the way I am tracking it. go through my previous charts. In line with my expectation always. don't forget to like my post. followme to get updates.

bijoy2526

tatamotors from target 1 to target 6 precisely by me posted from time to time. go through my yesterdays post. go through my earlier post. don't forget to like my first. follow me to get updates

bijoy2526

IT and Pharma sector stocks were buzzing today. nifty midcap 100 was outperforming. Auto sector again coming in to focus. after good quarterly result all the IT stocks have under gone appreciable correction fresh leg of impulse leg seems to be starting there. all most all the pharma stocks were rallying. it is appearing when rally in one sector is maturing the...

bijoy2526

further breakout of the channel my take it to target 6 and target 7. targets 1 to 5 were achieved in my last follow up. please go through my previous charts stochiastic is now in over bought condition try to buy it in little retracement. dont forget to like my post . follow me to get up dates.

bijoy2526

it appears this leg of correction is not going to be easy for bears or bulls. is this abc correction over? nifty has bounced from the channel line despite forming lower low. forms higher high in hourly time frame. as it appears to me there will be much more volatile in this stage.. unless the channel breakout takes place in either side of the channel. better to...

bijoy2526

to which point this correction leads before resuming uptrend let us see. if it breaks the channel (small black) targets are S1,S2.S3.as shown in the chart. in case of channel break bank nifty may attempt to fill up the gap as shown in the chart. in case it does not break the channel wait for reversal to take place impulse wave may start well in the channel and its...

bijoy2526

it seems its breakout of the channel may take place tomorrow. it is very positive for SAIL as both the units were loss making units. today SAIL was trading in narrow range and it is out of f&o ban for trading. above news may ignite price movement of SAIL. don't forget to like my post. follow me to get updates. check my previous posts of published earlier.

bijoy2526

had to check the target and redraw . at this stage if it breaks out above the target only will confirm its upside movement. if ultimate break out of reliance takes place(published in my reliance chart) nifty movement may take place . IT stocks seem to have bottomed out. at present view abt nifty wait and observe tomorrow.t don't forget to like my post. follow me...