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hitendravasudeo P

DJIA Breakdown has been witnessed on DJIA Our Dynamic Trend Averages - Orange and Green showing down trend as Orange < Green Our Lagging Trend Averages - Blue and Red showing down trend as blue < green Breakdown below 32500 has been witnessed. RSI is below 50 since 16 Feb 2023 closing of 33696 and since then RSI is below 50. RSI is now at 31.25 and DJIA at...

hitendravasudeo P

NIFTY50 Expect peak of 18614 to be tested. Resistance will also be around 18614. If breakout and close above 18614 is successful, then expect rise toward 18988-20364-20745 in due course of time Support will be broadly at lower levels as long as 18000 is not violated on closing

hitendravasudeo P

SGX NIFTY The october 2021 peak is now being tested which is in the range of 18500-18600. Volatility, correction and consolidation can be said to have happened in last 1 year. RSI is above 50 therefore trend is up Lagging is showing an up trend as Blue Line > Red Line. If breakout and close above 18600 is witnessed in near term successfully then expect a rally...

hitendravasudeo P

DJIA Trend line breakout situation has been witnessed. RSI > 50 but showing minor negative divergence as it exited the overbought zone. Price rise currently not support by rise in RSI. Trend line breakout may take DJIA to 33800-34200 range which is marked with horizontal line. Overall as long as 31800 is not violated, volatility, correction and consolidation...

hitendravasudeo P

SGX NIFTY HOURLY CHART RSI hits the overbought zone and tested the earlier peak of 18314. High registered till 21.01 pm ist is 18350. Expect resistance and profit booking for minor correction or consoidation to lagging blue and red line before moving higher. On further sustained rise and cose above 18350 expect a rally towards 18502 as shown in the chart.

hitendravasudeo P

SGX NIFTY Hourly Chart Testing back the purple horizontal line. SGX NIFTY has reacted from overbought on RSI and further negative divergence from the recent peak of 18314. Reacted back down to the resitance breakout it did earlier. Further deeper correction is below 17981. RSI on hourly chart almost did an oversold. Falling trend line is the resistance...

hitendravasudeo P

Supply zone being tested After breaking out from falling wedge. If breakout above the supply zone then look Fibo-Projection 61.8% as shown

hitendravasudeo P

100 NDQ Retracement of the rise from March'20 low to the peak formed in Nov'21 can be seen in the chart. 61.8% retracement tested. Positive divergence on RSI has been created but lagging in no way right now to confirm a possible reversal. Swing bottom process need to happen before lagging confirms its. Lagging has negative slopes therefore need to spend time...

hitendravasudeo P

The horizontal line shown the support and resistance for near term to short term for sgx nifty. We have seen earlier resistance offered support and earlier resistance offered resistance. As a result of these support and resistances marked with purple horizontal line, sideways and contraction of the range has been witessed. Next directional movement will be...

hitendravasudeo P

Point d can be critical for reversal. The low formed needs to held to subsequently cross point d in near term otherwise down move continues for lower top and lower bottom formation.

hitendravasudeo P

Critical support of 33K-32K. If the recovery has to happen then it could be now or Show the effect of the pattern.

hitendravasudeo P

Resistance of 16817 is key for pullback. If breakout above 16817 can extend the pullback to 17255 and 17673 as shown in the chart for x? Failure to cross 16817 means a swing lower top for x? which can put pressure on the e? 15717. Breakdown below 15640 can lead to slide towards 15287 and 14357 as shown in the chart. For the time being trend appears to be...

hitendravasudeo P

Opportunity as it in the oversold zone or as it moves down near 177 or even at current levels . Split the desired volume as accumulate at 177 or near it as it dips.

hitendravasudeo P

the stock is in oversold. Play oversold and overbought game for 10% returns in large market capitalization stock. Accumulate at 78.6% level and at current levels.

hitendravasudeo P

Book profits or reduce position or exit long some time back it was oversold which was the opportunity on back of negative news. Now on the rise till new peak is not made book profits as it move near peak. Expect near term correction or sideways volatility

hitendravasudeo P

Book profits at current level and above till new peak is not created. Expect near term correction and sideways volatility therefore higher levels is to take profits.

hitendravasudeo P

Triangle Time Bearish and Bullish Both Visible. Red alphabets Bearish Blue alphabets Bullish Breakout and breakdown key for directional movement. Events in March 22 to provide momentum based high speed expansion.

hitendravasudeo P

LIN The daily chart is in oversold and trying for exit out of oversold. Horizontal line support are at 298 and 282. If these support are held then expect pull back. The gap down will offe resistance at higher levels. The lower top is at 325. Gap is around 304-310. Expect resistance and supply at higher range till 325 is not crossed. Oversold and support of...