maneeshaggarwal

maneeshaggarwal

sell itbelow 3120 with sl 3165 target is 3030

maneeshaggarwal Updated 

A Black Friday May be seen. A perfect Head & Shoulder Pattern is appearing. Sell Below 8990 with stop loss 9440 with target 8800-8750 after this a small bounce back upto 9000-9070 then free fall upto 8200-8150 All this analysis fails if Nifty crosses above 9585 (high of the Right shoulder) This is for ONLY Educational Purpose. Before taking any trade check...

maneeshaggarwal Updated 

Breakout without VOLUME seems "FALSE BREAKOUT" This is will be proved when Reliance breaks down below 1460. Right Issue will play it's Roll very well. Below 1530 next target = 1330, 1250, 1210 Whole aforesaid theory will fail if Reliance crosses above 1650. It will be weak below 1550

maneeshaggarwal Updated 

Reliance is in a range where it is in distribution or accumulation nobody knows. But there are 2 possibilites 1. Breakout : If it goes above 1500 with volume then buy it with sl 1440 target 1630-40 (Tough Possibilities) 2. Breakdown : If it goes down 1420 with volume then sell it with sl 1480 target 1270-80

maneeshaggarwal

16.00 IS VERY HARD TO BREAK BUT IF IT BREAKS THEN TARGET 18.5 13.5 IS LAST TO HOLD THE MELTDOWN. BELOW THIS NO BUY AT ALL

maneeshaggarwal Updated 

Banknifty has shown not much participation so if any downtrend starts then it will go down sharply short it with stop loss of 20900 target will be 19000, 18000

maneeshaggarwal

Nifty is unable to close above Fibonacci Level .382 = 9390 which is a very crucial level for Bulls to hold as support to move next level .618 = 10530 and Bears have to hold as 9390 as resistance. Bulls have tried and touched around 9900 but failed to close avove 9400. Whenever a bearish rally reverse from .382 levels then there are most probable chances to...

maneeshaggarwal

Ist rally from low 7511 to 9038 9038-7511 = 1527 Target : 9290 -1527 = 7763 Stop loss will be 9630 for positional long term trade.

maneeshaggarwal

Reliance breakdown with SL 1438 target 1340

maneeshaggarwal

Nifty is unable to cross 9400 decisively. Two main hurdles are lying here 1st.9380-9400 zone is Fibonacci .382 level and second long term trendline both are acting as strong resistance. If Nifty crosses above 9400 then it will try to to touch 9970. If Nifty breaks down below 8980 then it may touch 7800 or lower.

maneeshaggarwal Updated 

When Head n Shoulder Pattern Fails after breakout probably breakdown target gives double of target in downside. Before Shorting this take your financial advisor for risk associated. stop loss will be 1260

maneeshaggarwal Updated 

Target : 8070-8000 sl 8600

maneeshaggarwal

Relinace has broken down it's support trendline at 1175. Target is 700 this fails when reliance trade above 1200 for more than a week with good volume. Sell on every rise.

maneeshaggarwal

This rally is to exit whoever wants to. 9000 is a very strong resistance 9400 is fibonacci resistance. Exit on every rise. Lows will be broken 6000 level will be seen if it not hold that level then 4600 will be the target. We are in great bear grip. Only for Educational purpose.

maneeshaggarwal Updated 

Whole economic n financial picture is getting darker n gloomy day by day. So it is wise to stay on cash. Use every bounce in market as an opportunity to exit the buying position. Nifty : 10400-10500 will act as a tough resiatance to cross over it.

maneeshaggarwal

Price of silver had an upside breakout but failed to reach it's target 26.00 Coming of price aging in triangle pattern is very risky for long position. A very grim situation may arise in silver if it breaks down 13.5 level. Exxxxxxxxit all long below this.

maneeshaggarwal Updated 

USD:INR is in a downtrend so on every rise 2%-3% sell on rise strategy wil work very good with a good stop loss. In my view it is going down between 58.50-58.00

maneeshaggarwal Updated 

Banknifty is going under Lower Highs and Lower Lows formation. So below 23700 it will speedup to reach 22300.