watch my earlier post of cummins india. it is also supported by inverted head and shoulder break out
AVAILABLE AT MUCH LOWER PRICE THAN ITS BOOK VALUE. POSITIVE SURPRISES AWAITING FROM ITS QUARTERLY RESULT CHART PATTERN SHOWS TURN AROUND.
DEVELOPING BEARISH BUTTERFLY PRZ MAY TAKE IT TO 1.27-1.618 EXTENSION OF XA WHICH IS MORE THAN 33000 WAIT FOR BANK NIFTY TO HIT ALL TIME HIGH AGAIN
THIS TIME ALSO THOUGH NIFTY MAKES ALL TIME HIGH UNABLE TO CLEAR THE RESISTANCE LINE ON CLOSING BASIS.
BUY NIFTY WITH TODAY'SLOW AS STOP LOSS
NO TRADE ZONE FOR NIFTY. PLEASE WAIT FOR BREAK OF HIGH OR LOW OF PREVIOUS DAY(03/01/2020) IT MAY CONSOLIDATE IN THIS RANGE BEFORE GOING IN ANY DIRECTION. NIFTY HAD ATTEMPTED TO OVER COME THE RESISTANCE LINE(SHOWN IN THE CHART) BUT COULD NOT. IN THE MEAN WHILE IT HAS BROKEN IMPORTANT PIVOT. IF IT BREAKS THE LOW OF LARGE RED CANDLE IT MAY GO DOWN TO 11880.
MAY COME DOWN BELOW 1500 SOON. TRADE WITH STRICT STOP LOSS
PLEASE GO THROUGH MY PREVIOUS STUDY FOR TATA STEEL EARLIER FORECAST BY ME ON OCT 29 AND NOV 1 ABCD TREND REVERSAL ON WEEKLY BASIS. PLEASE SEE MY ATTACHED CHARTS . NET TARGET 510 DEFINITELY WILL BE REACHED. FOLLOW ME TO GET SUCH IDEAS LIKE MY POST IF IT HELPS YOU
STILL UPSIDE LEFT. NICE REVERSAL OBSERVED . FOLLOW ME TO GET SUCH UPDATES. LIKE MY POST IF IS IN LINE. PLEASE GO THROUGH MY ANALYSIS POSTED IN THE MORNING
JUST WAIT FOR THE BREAKOUT FROM THE UPPER LINE OF THE ANDREW'S PITCH FORK GO THROUGH MY POST OF THIS MORNING. FOLLOW ME TO GET SUCH IDEAS LIKE POST TO ENCOURAGE SUCH POSTS
FURTHER BREAKDOWN OF RELIANCE MAY BRING OUT TO THE LEVELS OF 1468-1454. PLEASE SEE MY ATTACHED CHART
NIFTY IS HOVERING AROUND 12181 WHICH IS IN THE CRITICAL ZONE WHERE MAKE OR BREAK MAY TAKE PLACE. HOLDING OF THIS ZONE IS VERY IMPORTANT. IF NIFTY FAILS TO HOLD THIS LEVEL NEXT IMPORTANT LEVEL IS AT 12054. AT THIS POINT THE STRENGTH OF BULLISHNESS OF NIFTY IS FOR A TEST. AS AT SEVERAL SITUATIONS NIFTY HAS RECOVERED FROM ADVERSE TECHNICAL INDICATIONS IF NIFTY...