gurudevmane

gurudevmane

Ascending Wedge formation on daily chart.

gurudevmane Updated 

It can be seen on daily Chart that NIFTY is in process to form BULLISH CYPHER pattern. Which can lead NIFTY to re touch recent lows levels in next 2 months. If Daily chart NIFTY move out of the SPAN of CYPHER Pattern trade can be considered as closed.

gurudevmane

Next level for Nifty can be 10400 - 10600 and again NIFTY will consolidate in parallel channel to make FLAG.

gurudevmane Updated 

On 15 min TF, can see bearish bat formation on CHOLAMANDALAM. If on 27th May 2020 stock reach till 126 - 125 level by 10:00 AM, it can be SHORT on Intraday basis with SL at 129 -130 level and target of 119.

gurudevmane Updated 

Next target should be 10800 on 15tf for 3rd JUNE 2020.

gurudevmane

On 15 min TF look like Nifty is trading in SINE line pattern.

gurudevmane

On daily chart, SBIN price movement forming FALLING WEDGE pattern.