closes below 5 dma. among the indices only nifty IT is showing some strength. the way divergence between price and oscillator is visible in the chart. further down side is expected. it is to be some how reliance reacts to its result (some says it has beaten the estimates and according to one web site it is below estimates) how ever in the negative atmosphere if...
it should take support as shown in the chart. if further downside takes place it should take support as shown in the chart. a and b waves of this corrections are over let us see where it takes support at the end of c wave.
one mere lesson at this late stage of this rally we should not buy any gap up. it closes below 5 dma. what attributes to this fall.is it expiry related or c wave of abc correction it can be clear by tomorrow. FII figure is not bad, usa market is ok.. if it closes below 20 dma really it will be alarming. even asia pacific index is positive today happy trading.
how was my call? don't forget to like my call. follow me to get such studies you won't find anywhere else.. want to know abt target of nifty...? want to know abt next target of tatamorors..?
likely to hit my target 4 soon. who have followed my call at least say.. more calls like this will come. follow me to get such stock calls. don't forget to like my call.
targets 1,23,achieved.. target 4 pending.... let it cool down a little... had you read my earlier post.
Stochiastic no more over bought. cross over on indicators in the stochiastic oscillator have already taken place. every thing ideal for its upward movement. let us hope for the best. nifty has to cross target 7 conveniently to reach target 8. mean while i will publish intermediate target, don't forget to like my post. follow me to get updates.
Stochiastic is no more in over bought condition. last two days decline had brought back nifty again perfect buying zone. I had suggested 31700 strong support zone. .yesterday nifty dipped just below that and immediately had pulled out from that zone. now it seems its uptrend will again continue again. only cross over in stochiastic should be confirmed. there...
just went below that and bounced.(I had mentioned in the last post 31700 as strong support) so many factors are affecting market movement. dollar strengthening . if happens so outflow is likely. we have rallied so much... if any rally takes place which is expected will be followed by correction. why not buy after correction? bank nifty has bounced from imp...
the last wave starting from 22/12/2020 where low was 28976 to till date if we minutely check the five structure yet to be completed.In hourly time frame too five wave structure appears to be incomplete. main concern it has closed below the 5 dma however it can take support on 15 dma which is at 31760. 20 dma is at 31326. how ever if it declines it should take...
of course had not posted here. but please keep it in watch.
it has touched target 8 yesterday. buying seen at lower level. let us see if it can touch target 9 and we should not expect that it will touch at one stretch. position cautiously positive. buying should be initiated on dip. this rally is quite extended. hence buying should be on dip with proper stop loss. don't forget to like my post follow me to get updates
well in track... buy on dip we should not rush to buy when there is gap up. target 4 may be the channel line, don't forget to like my post. follow me to get updates
watch my predictions... you may not find else where else.. accurate targets.. don't forget to like my post. follow me to get updates
forms huge green candle engulfing prior three days. holds the channels line well public sector banks rallied on the adverse remark by rbi. these things happen in stock market. hdfc bank result ahead it seems bank nifty has more room for it to cover don't forget to like my post follow me to get updates.
how are my calls? do you enjoy them... don't forget to like my calls.. follow me to get updates. how was my morning call for indus india bank? .
rocking....cheers.. bank nifty also rocking with it.
940 call now at 41 from 32. bank nifty too rising. watch my previous call