kbr9121965

kbr9121965

DJIA had a major swing from high of 03 Jan 2022 and low at 10 Oct 2022. The low of Oct 2022 came in at 28660.94. This was an important low as per Gann Master Square of 144. Thereafter we had a target of 36000 which was achieved nearly on 50% of weekly time cycle at high of 35679.13 on 31 July 2023. Correction was expected till 32400 levels we got an low of...

kbr9121965

Nasdaq Composite Index had made an important swing bottom in the week of 10 Oct 2022 at 10088.83. As per monthly time cycle Sept 2022 was important we were off by two weeks. The level os 10000 was psychological support which was protected. Next target on it was Gann 50% Rule at 15000. This was attempted by it with a high of 14446.55 and 14370.91 at 50% time on the...

kbr9121965

S&P 500 Index has been rising from the 10 Oct 2022 weekly candle with an low of 3489. The crossing of 3600 confirmed the low on it after it closed at 3761.40 on the 17 Oct 2022 candle. The geometry of market is working at its best with the index nearing the target of 5400 with the recent weekly high at 5327.30 on the last weely candle. We are nearing the...

kbr9121965

Sensex has recovered intraday fall significantly to close at 73664. The levels range to watch is 73748 and 73583. Extension of range could be 73290 and 74023. Happy Trading !!!

kbr9121965

Nifty Index after falling to swing low of 21821 is recovering from the correction after all time high at 22775. We have hit a high of 21300 odd levels. The level of 22124 is critical for trend to continue ahead. We had double tops at 22124 and 22126 in Jan and Feb 2024. Current swing low made is higher low than the two lows made earlier at 21710 on 20 March 2024...

kbr9121965

Today was the second day of pull back and just fell shy of 48000 level with the high coming in at 47937.25. Tomorrow 48000 level fight could be seen with hits on both up and down. 47919 and 47799 is the smaller range. With bigger range at 48019 and 47679. 48178 to watch above 48019. Happy Trading !!!

kbr9121965

Nifty Financial Index has made low yesterday at 20937.25 on 09:45 am candle on 45 min timeframe of Trading View. Double bottom at 20934.40 on 10:30 am candle. Thereafter we saw recovery in the form of intraday reversal hitting a high of 22288.55 at 14:15 pm candle. Earlier swing high low comes at 21270.70 done on 10 May 09:45 am candle with the swing low made...

kbr9121965

Chart shows the Cause and Effect on the recent fall on Crude Oil futures on MCX... The chart is self explanatory..... First move is the Cause... and Second move is the Effect... Its a minor cause and effect relation... But the relation comes from ATH which is the main reason.... Happy Trading !!!

kbr9121965

Trade metrics explained on chart. Profit Visualization seen on chart. Scan used for 45 min low less than previous 45min candles(-3). You can get stocks every 45 mins for intraday. Both Buy and sell side stocks can be found. Scan to be used will be 45 min High greater than previous 45 min candles(-3) for buy side. Happy Trading !!!

kbr9121965

Sensex has made a Double Top on 09 Apr 2024 at 9:15 at 75123.30 which was ATH and 10 Apr 2024 at 12:15 at 75105.14. 75000 was a big round number to watch and an achievement in itself for Sensex. Thereafter we saw Profit Booking coming in very fast on it. We corrected downwards till 71816.46 at 9:15 am on 19 Apr 2024. We had a cluster support coming in at 71883.94...

kbr9121965

Nifty is correcting from ATH on 30 Apr 2024 at 22794 and we are 8 days away from it. Nifty has made a Swing Low at 21777.65 at 9:00 am on 19 Apr 2024. So the 11 May 2024 is important. Friday 10 May 2024 closing will be important timewise. From the ATH we have retraced 800 points nearly within the range of 1000 points. The Current Lows are 22185.60 and 22185.20 at...

kbr9121965

Bank Nifty has been correcting the ATH made on 30 Apr 2024 at 48974.75 which was just 25 points shy of 50000 mark on the index. This being a big psychological resistance for the index. We have completed 4 years of growth from 24 March 2020 low of 16116.10. We are in the 50th month and achieving nearly 50000 is just great. We needed some correction time wise to...

kbr9121965

Levels to watch 21772.20 and 21907.15. Happy Trading !!!

kbr9121965

Nifty Mid Select Index has shown Triples highs at 11119.85 on 23 Feb 2024, 11029.35 0n 12 Apr 2024 and 11158.40 on 03 May 2024. The last high is also a Triple top with Highs at 11153.20 on 30 Apr 2024, 11156.45 on 02 may 2024 and 11158.40 on 03 May 2024. Thereafter we saw intraday fall till the low of 11009.25 which was near the 3 day low of 10999.25 on 29 Apr...

kbr9121965

Looking back for one year on Tesla gave a decent buy opportunity for traders and investors both. Tesla made a low on 27 Apr 2023 at 152.37 and moved higher thereafter. The price of Tesla nearly doubled from there to move to a high of 299.23 on 19 July 2023. The ensuing correction brought the price to levels shade below from where it started its journey way back in...

kbr9121965

Nifty has made a ATH at 22783.35 on 30 Apr 2024. Index has a range to watch 22150 and 22900. We are prodding the 22800 level with multiple attempts. We have mid seasonal date coming at 5 May 2024 which will be interesting to watch for the index. Level of 21800 was defended by bulls successfully in the past. Bears have been trapped many a times in recent times and...

kbr9121965

After hitting a early ATH at 48636 on 28 Dec 2023 the index has ben subdued with the outperformance by the Nifty 50. It fell to 44429 on 25 Jan 2024 a fall of 4000 points. then started the recovery in the index with higher low on 12 Feb 2024 at 44634 which was an excellent entry point for positional players. Another series of higher lows were seen at 45662 on 29...

kbr9121965

Index has made an ATH at 11120 on 23 Feb 2024 and swing low on 20 Mar 2024 at 10054. A swing of nearly 1066 points. A lower high was made on 12 Apr 2024 at 11030 and a higher low was made on 19 Apr 2024 at 10532. Again a swing of 498 points. Current swing high on Friday is 11000 nearly. So clearly above 11000 we may challenge the lower swing of 11120 very soon....