maneeshaggarwal

maneeshaggarwal

FOR EDUCATIONAL PURPOSE PRICE AND RSI MUST SHOW SAME TREND TO GET A GOOD UPTREND. BUT PRICE IS MAKING HIGHER HIGHS AND HIGHER LOWS BUT RSI IS NOT FOLLOWING SAME PATH. A SHOOTING STAR DOJI (INDECISION) AT THIS LEVEL MEANS PRICE NEEDS TO CORRECTED WITH SHORT DOWNTREND OR SIDEWAYS TRADING ZONE. SHORT BELOW 1310 WITH SL OF 1326.7 FOR 1283 N 1256

maneeshaggarwal

FOR EDUCATIONAL PURPOSE BERGER PAINTS IS ACCUMULATING A FORCE IN A ASCENDING TRIANGLE BUT TO BREAKOUT IT HAS CLOSE ABOVE 230 WITH A BIG VOLUME IS REQUIRED. AFTER THAT GO LONG WITH SL OF 221. IF CLOSES BELOW 215 THAN GO SHORT WITH SL OF 225.

maneeshaggarwal

FOR EDUCATIONAL PURPOSE PNB IS UNDER UPTREND CORRECTION AND TAKING SOME REST AT FIB LEVEL 0.382 BUT IT MAY FINALIZE IT'S CORRECTION BETWEEN 129-131. WAIT FOR CLOSING BELOW 139.

maneeshaggarwal

FOR EDUCATIONAL PURPOSE AXIS BANK SHOWING CONSOLIDATION IN THE FORM OF BEAR FLAG AFTER A SIGNIFICANT DOWNTREND. AND UNABLE CLOSE ABOVE THIS FLAG TO NEGATE THE PREVIOUS DOWNTREND BUT FELT RESISTANCE AT 505 AND DROPPED AND FURTHE IF IT CLOSES BELOW 482 THE A SMALL CORRECTION TO 455-465 MAY HAPPEN.A CLOSE ABOVE 505 A DECENT UPTREND WILL TAKE THIS TO 555-560

maneeshaggarwal

For educational purpose The whole stock market is in a strong BULL Trend but for that after a uptrend a consolidation of minor correction is needed to maintain the mother trend. Below 8792 a swift correction to 8660-50 may happen or above 8860 a small uptrend upto 8925 may be seen. but after 1000 points relly evryone whose is holding profitable positions wants...

maneeshaggarwal

For educational purpose After a long (2 months) uptrend a correction in needed to go up further. So gap up opening is suggests that if BANKNIFTY CLOSES BELOW 20450 WILL OPEN THE CORRECTION WAVE OF 5 WAVE UPTREND.