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Castrol 375 is currently near a triple bottom support,But the fall is stronger than the hike.Expecting a support around 360 level. ON break of that,it can fall down to 300. Indicators having a negative cross overs

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Nifty can go further down. C retraced equal to wave b , and doesn’t looks like a completed wave, can further come down,next level is 8004. Now the following are some guide line for Wave c targets. Wave C normally reaches to the end of Wave A Wave C is often about the same length as both Wave A and B. Wave C often ends at point which is a percent of Wave A...

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some one was searching for DIVISLAB. trading below the median line, can come down to 1000 level having good support. The PF analysis is definitely a subjective one. But other wise it is correction time. The stock seems to be its 5th wave peak now,and a 38.2 % minimum correction can take the stock to 927.

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Breakout from the Trend line support confirmservices a down trend, Target 8080, 8056, 8000.

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$GOLD Resistance: $1200 Support:$1117 The drop is supporting near 0.618 retrace level where it can make small pull back, but it has to come down further for a console. My best prediction on gold was in late 2006, when gold corrected to 542, Adrop of nearly 194 points in june that year.so I could calculate a 2.618 Retrace,and the top was 1032 in march 2008. Those...

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Cummins India Ltd Rs: 794 The cash rich Industrial Machinery giant is having a double bottom support. Stop Loss 751 Next Resistance is 920 & 1130

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Bank Nifty is also showing weakness at resistance area, can come down to 17600 area, as per the pitch fork channel median support.

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Wave ii started from 8250.8 was initially expected as an expanded Flat as the b traded above the start of wave a & was expecting a target 8066 & 7982. But now its wave C is almost concluding at 8154.45, and the retracement is more the 62% of c , also the price moved above the 4th wave of c, it is assumed hat the correction is over and we are now in an uptrend...

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$WTIC (Light crude oil) is waiting for a breakout from the IHS pattern.If correct it will have a huge target $25 plus as the pattern depth from the neckline to head, will reach around $75.

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NIFTY: 8262. Resistance: 8275 _8304, also at Gann arc resistance now. Support: 8260_8198 & 8120 daily pivot & weekly pivots. On breaking below 8120 level nifty can come down to sub 8000 level. The bearish outlook remains same as long as nifty is trading below the Gann 2 x1 angle the blue line, and supported strongly several times at 4x1 the green line, only thing...

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A 38 % retrace of the current down swing (from8250.8 to 8056.85 is approx 194 point is an impulse) was expected up to 8136 yesterday. But it went up to 62 % made a top 8176 formed an abc looks like a probable Zigzag corrective pattern. if correct it can find a target 7982.

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Nifty can can go further down, watch for these levels 8066_8016 _7952. The wave counts marked here is not a continuation of any major wave. it is only a count for the current two or three swings. That is how it works for me. Then if I find more clarity in joining them with classic rules, I put and effort to join them for the next degree. Till then all are an...

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The expected Potential Reversal Zone was further extend to 8250.8, with D retracing 1.14 of XA, qualified as an Alt: Bat pattern, will have same bearish impact as you can see now. so watch for .618 and .786 or even to a full retrace to 7952 levels. Read this in conjunction with other indicators.Current pullback from 7952 can retrace fully. Contrarian view...

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Nifty 15 M chart A pitch fork median line is broken, here i have .382 , 1 and 1.382line as i have seen resistance in same level, so next support is 8180_8165. Below that will be a fall.

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Nifty 30 M chart Trading currently at Gann Arc 4x1 (red arc) resistance. Support could be around Gann Fan 2x1 blue line 8100 and GannFan 4x1 green line near 8020 30m Macd showing a negative divergence and cross over. Also note the EMA13x8 cross over on top

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Nifty :8114 Hourly chart looks positive ,MACD is entering in to bullish zone and showing bearish candle.Here is a possible Bat pattern, expecting a PRZ 8177 area.

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20161118 Nifty: 8074 Support 8045 Resistance: 8130 above which we can expect 8350 to 8500 Support 8045 Stop loss. A 0.618 retracement level is crossed already, The next value .5 of the total Bull Run from the 6825 bottom to 8969 top, is around 7900 which also matching with a strong support Zone blue line mark. Market can go further down, as the indicators, the...

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Nifty: 8098 live having a breakout from the falling wedge (could be an ending diagonal in lower degree) can give a bounce to 8120_8210 level. A reversal is expected above that level only.