TRI STAR PATTERN A RARE BUT POWERFUL TREND REVERSAL PATTERN. IF CLOSES ABOVE 9928 IT FAILS.
NIFTY IS IN CORRECTIVE WAVE A-B-C. ALL CORRECTIVE GOES WRONG IF NIFTY CLOSES ABOVE 9928 (spot).
nifty is in 5th wave. from 9450 to 9928 a steep rise may be because of 5th wave a 250-300 points correction will be seen.
for educational purpose only - buy after a very big red candle near 63.25-63.50 with sl 63.15
for educational purpose only - techm is very near to buying area. 430-435 sl 425 tgt will be 470
for educational purpose on;y - nifty is expected to breakdown out of head n shoulder formation so short here with sl 9095 tgt 8815
for educational purpose only - It is early to say but a head & shoulder pattern is emerging. watch levels for long 21335 above this 22075 and for short 21800 below this 20100.
for educational purpose only - sell tatacomm below 725.5 sl 735 tgt 670
for educational purpose only - nifty (spot) below 9090 may touch 8712. this a weekly assumption sell on rise will be the right strategy.
for educational purpose only - m&m is making head & shoulder pattern short at 1298 sl 1318 tgt 1230
for educational purpose only - tatamotors after a downtrend a pullback rally just finised near 480 fib level = 0.382. so short 476 sl is 482 tgt 465-462
for educational purpose only - sell reliance below 1245 sl 1266 tgt 1211- 1180
for educational purpose only - it seems that axisbank is failing to hold the breakout so if it comes below 508 then go short with sl of 517 for tgt of 490.
for educational purpose only - india cement is completed head & shoulder pattern sl below 156 sl 161.15 tgt 140
for educational purpose only - havells having divergence in price and rsi despite rising price. sell below 445 sl 452 tgt 432
for educational purpose only - The pattern is a wadge at top. sell below 517 sl will be 527 tgt 490
for educational purpose only - The pattern is a sequence of three Doji. The occurrence of this pattern is extremely rare, so when it occurs it should not be ignored. The Bearish Three Star consists of three consecutive Doji, in which the second Doji gaps above the two other Doji. It is sufficient that the gap is a body gap. There is no need for a gap between shadows.
for educational purpose only - usdinr is only giving chances to loose your longs in this relief rally.