keshevdugar

keshevdugar

Nifty 50 has completed long term targets of 18600 as per fibonacci ratio of 1.618 extension and has started to fall from the exact 1.618 levels. The wave started from the low of 2008. It completed a 50% retracement in 2020. And the extension of 1.618 is completed in OCT 2021 The fall we are seeing in NIFTY 50 is just a pullback as of now.NIFTY is not at all...

keshevdugar

The chart is self explanatory If NIFTY falls below 17000 then 16500 will be the only support and then 15000 levels (200 EMA ) But these are extreme levels to which NIFTY 50 can fall 17550/17400/17050 are the next support levels for this expiry and 18000 is a stiff resistance RSI below 50 and Volumes increasing on sell side is a matter of concern. FOLLOW ME for...

keshevdugar

The chart is self explanatory If NIFTY falls below 17000 then 16500 will be the only support and then 15000 levels (200 EMA) But these are extreme levels to which NIFTY 50 can fall 17550/17400/17050 are the next support levels for this expiry and 18000 is a stiff resistance FOLLOW ME for more such content ahead...Till then, HAPPY TRADING :)

keshevdugar

Multiple time frame analysis of any STOCK/INDEX is the basic criteria for a HIGH PROBABILITY SETUP. I have analysed Nifty 50 in 3 time frames 15m/1H/1D and found few candlestick patterns/Reversal patterns that shows NIFTY has the potential to hit lifetime high again ONCE THE TRADE GETS ACTIVATED. 15 MINUTE: .Inverted head and shoulder and a stage formation. .If...

keshevdugar

Reasons to BUY now 1.WEEKLY TIME FRAME ANALYSIS: .Breakout from FLAG and POLE pattern / Parallel Channel Pattern with good volumes and is now retesting it with low volumes .RSI is 48 which indicates long term strength .EMA 52 rejection .0.618 Fib ratio rejection 2.DAILY TIME FRAME: .EMA 200 Support .BULLISH engulfing candle pattern after a false breakout of...

keshevdugar

"HISTORY REPEATS ITSELF" is a very powerful mantra for success in STOCK MARKET. Anyone can mint money in a bull market but THE ONE who protects his/her money before a market crash is the one who makes profits in the long run... And the fun fact is that market gives enough chances to protect one's capital before the crash. Here I am with one of the very few...

keshevdugar

An Uptrending stock gives many opportunities to enter in it. But...we miss many of them assuming it as a reversal or before we enter the stock moves much higher again and Risk/Reward ratio is unfavourable for our trade. Here I am with another tried and tested strategy to find whether it's a pullback or trend reversal and the most IMPORTANT...enter before the...

keshevdugar

BUY once it closes above the stage in 1hr time frame till the end of the day. Cannot give targets as the markets might be very volatile after DIWALI... trail your stoploss with HHHL pattern in 30 min time frame. FOLLOW me for more such content ahead. Tille then, HAPPY TRADING:)

keshevdugar Updated 

The chart is self explanatory Entry levels : BUY on opening Exit Levels : 10000/10500/10700 ( LENGTH OF THE POLE AND 1.618 FIBONACCI RATIO) Disclaimer: This is not a BUY/SELL recommendation shared just for educational purpose. FOLLOW me for more such content ahead. Till then, HAPPY TRADING :)

keshevdugar Updated 

-->MARKET ANALYSIS : Bullish -->SECTOR ANALYSIS : Broken from stage structure -->STOCK: Broken from stage structure and cup and handle pattern with a good closing above 1600 Looking bullish for short term targets of 1800 levels and thereafter 2000+ RS uptrending and RSI 60+ adds icing on the cake FOLLOW me for more such content...

keshevdugar

Nifty 50 experienced a panic sell in the last couple of hours and has formed a bearish engulfing pattern in daily time frame...but this pattern stays valid only when Nifty 50 starts forming a 5 wave lower high and lower low on a the 15 min chart and breaks the pivot point as mentioned in the chart.Don't exit from your trading portfolio in panic. Mid caps were...

keshevdugar

Buy only on breakout and closing above 4200 with good volumes and rising ADX for quick gains. FOLLOW me for more such content ahead Till then, HAPPY TRADING :)

keshevdugar Updated 

MCX broke it's monthly resistance and has retested it very well and is consolidating for a big movement ( high chances of upside movement ). BUY once it breaks out the trendline resistance on a weekly chart with good volumes. FOLLOW me for more such content ahead and do hit the like button if you found the post useful. Till then, Happy Trading:)

keshevdugar Updated 

STAGE 1 (ACCUMULATION): In this stage the stock consolidates in a narrow price range which usually lasts for months but in some cases years and then breaks on the higher side. STAGE 2 (ADVACVING): In this stage the stock price moves in a higher high and higher low structure. STAGE 3 (DISTRIBUTION): In this stage the stock price consolidates in a narrow range and...

keshevdugar

LONG TERM BULLISH STRUCTURE OF NIFTY 50 IS INTACT. In Short Term we might see some pullback due to 2 reversal patterns and also formation of head and shoulders Support levels have been discussed in the chart. Reasons for pullback 1.Weak global cues 2.Rising crude prices 3.Bearish engulfing pattern 4.Island reversal pattern 5.Formation of H&S 6.Multiple rejections...

keshevdugar

Same Trading setup as that of TRIVENI ENGINEERING which worked like a charm. I have attached the post below. Same setup is found in this stock and it has the potential to reach 4100 in very short time. FOLLOW me for more such content ahead. Till then, Happy Trading :)

keshevdugar Updated 

The correction that we saw in Nifty 50 was a three wave elliot wave and after that Nifty 50 has formed wave 1 and 2 of the impulsive wave Go long only if it breaks the resistance of 17780. Targets 17900/18000 FOLLOW me for more such updates ahead. Till then, Happy Trading :)

keshevdugar Updated 

The stock was in a non stop uptrend for the past 1 year and after taking a break it has started rising again after multiple breakouts and retests as shown in the chart and RSI also shows it is very strong. FOLLOW this account for more such content ahead Till then, Happy Trading :)