phobia666

phobia666

Disclaimer: I have right to be wrong :) Nifty seems to have formed reversal head and shoulders pattern with a target of 25600-25620. This also coincides with gap resistance observed on chat. Which price action retesting the levels on Friday 13 Dec 24 session with RSI in bullish 60 territory. This seems likely that we have a upmove coming for next week. Let's...

phobia666

This is my analysis and I have right to be wrong :) NIFTY seems to have made a reversal pattern like reverse HNS and it have validated it support on Friday the 13 Dec. RSI is at 60 with no divergence, seems Nifty could go up to test the gap and possibly take resistance there. This seems very likey to me from what I have observed on charts.

phobia666

This is my analysis and I have right to be wrong :) NIFTY seems to have made a reversal pattern like reverse HNS and it have validated it support on Friday the 13 Dec. RSI is at 60 with no divergence, seems Nifty could go up to test the gap and possibly take resistance there. This seems very likey to me from what I have observed on charts.

phobia666

Nifty is looking weakwith FII are continuously selling. Now it looks like the downfall is yet not over. Or it's just make believe. Well, it depends if neckline of HNS pattern is broken and confirms the pattern. Or it's just to scare weaker bulls. Only time will tell. Let's see. Another thing to note is, if it falls, it will be solid 11% correction for Nifty....

phobia666

Nifty is looking weak with FII continuesly selling. Now it looks like the downfall is yet not over. Or it's just make believe. Well, it depends if neckline breaks and confirms the pattern. Or it's a make believe and this will kick out weaker bulls? Only time will tell. Let's. Another thing to note, that if it falls as per pattern, it will be a solid 11%...

phobia666

HUL 4 year break out(on monthly) if it sustains then a new upside will be open for the stock. Let the month complete, to understand if this is false BO Or not

phobia666

1) Tata technologies is now breaking out of a falling wedge pattern and seems will reverse. It has also broken above 50 dma. 2) One needs to wait for a proper retest of horizontal support and 50DMA which are forming confluence as support. 3) A strong bullish Morubazu candle with good volumes at the support will confirm the entry in stock. This will also change the...

phobia666

Good results, good pattern You know it will get there Target - 4531

phobia666

After good results this stock fell to form this pattern and buyers came in earlier and has formed a beautiful cup with handle pattern with a superb target of 4531. It will get there, soon.