I asked one question of each member of my watsapp groups and each member who takes my training one simple question. “I was short on Drreddy and had a Put position in this but at the end of the day when realized that share might be slightly positive and also has approached my Stop Loss, so I was looking to exit my put the same day, However was unable to do as my...
Asian Paints has formed a crucial Morning Star Pattern, which is bullish reversal Pattern and has jumped from the lower trendline Resistance of 1125. Can be long above 1200. SL 1182 Please consider following reasons - 1. Reverse from Trend Line Support 2. Positive Divergence on Stocastic 3. Morning Star Pattern 4. Reducing Price of Crude 5. Fibo Resistance...
Hey Bank Nifty, TIMES UP! Q3 2018 has been a roller coaster ride. It has been extremely cold for the traders and rather an Autumn for investors. It has given hard time to most of us. We witnessed a drastic fall but it was a rather swift recovery which made to curious to study and analyse the numbers. I made 2 observations. 1. Nifty is 1000 Points away (Nearly...
Axis Bank has crucial the upper trendline Resistance at 575 and is forming Inverted H&S Pattern which is a bearish Pattern. Can be shorted below 554. SL 563 Please consider following reasons - 1. Trend Line Resistance 2. Negative Divergence on Stocastic 3. Inverted Cup and Handle Pattern
Ambuja Cement resisted the upper trendline and Fibo Resistance 38.2 and has fallen from 228 Levels and broke 23.8% Fibonacci Support. Can be shorted below 209 for 205/200/191. SL - 214 Please consider following reasons - 1. Trend Line 2. Fibonacci SUpport Broken 3. Negative Result Expected 4. Negative Divergence in Stocastic
ITC has crucial the upper trendline Resistance at 292 and can fall from that Levels and broke 0.5% Fibonacci Support at 287. Can be shorted below 290, SL - 296 Please consider following reasons - 1. Trend Line 2. Negative Divergence 3. Poor Market Sentiment
ACC resisted the upper trendline and has fallen from 1580 Levels and broke 0.5 Fibonacchi Support. Can be shorted below 1520 for 1500/1480/1440. SL - 1535 Please consider following reasons - 1. Trend Line 2. Bearish candle on Daily Chart 3. Negative Result 4. Poor market sentiment
Century Textile can be shorted below 780 for 760-740-720. SL can be around 801 1. Trend Line 2. Bearish Engulfing candle on Daily Chart 3. Stochastic - Oversold 4. Poor market sentiment
Asian Paint has crucial Fibo 0.5 resistance at 1255. Can be shorted below 1255 for 1240-1230-1220. Also in case the share bounces from the resistance of 1255. Look to short around 1275. Please consider the following reasons : 1. Trend Line 2. Bearish candle on Daily Chart 3. Double Top Formation 4. Poor market sentiment
THIS IS THE FOURTH PART OF THE ANALYSIS ON NIFTY -1.24% 2.32% FALL. IF YOU NOT READ THE PREVIOUS ONE 3 POSTS, PLEASE READ THE SAME FOR BETTER UNDERSTANDING. I HAVE ALSO SHARED ITS LINK BELOW. Some Lines I said in the previous post “In the process to up,There has been 2 Gaps created in the past downfall and crossed 2 Fibo support (Mentioned Below) which will stop...
If any company shares weak, the chart tells you! Tata motors have been investor’s favorite stock since ages but have continued to disappoint with its performance over the past 2 years. The share touched 600 in the Sep 2016 and has been in a continuous downtrend since then. Now here arises 2 questions : 1. Why is it investor’s favourite share? 2. Why it has been...
Guys today we are going to discuss about Adani port initially I would would discuss how it was in a uptrend, there after I will show that how we could have identified that it will turn into a down Trend. (Please open this post in a Separate Tab. And using mouse click on the chart and move cursor to the left to see the remaining part of the chart) Adani port was...
THIS IS THE THIRD PART OF THE ANALYSIS ON NIFTY 2.32% FALL. IF YOU NOT READ THE PREVIOUS ONE 2 POSTS, PLEASE READ THE SAME FOR BETTER UNDERSTANDING. I HAVE ALSO SHARED ITS LINK BELOW. Last time we estimated a big downfall in the month of October and believed that IT Sector might stay in pressure as the results of Tata Elxsi disappointed and Number of TCS may...
Maruti reached its 52W high at 10,000 and has been faaling continuously since then. The way Maruti % fell shocked alot of people, However it was not all that difficult to determine the fall and I will share, how I proceeded and made money in Maruti 5.71% . On 25 July, Maruti reached its prior top weeks high zone of 9900-10000 again. It was a good resistance and...
THIS IS THE SECOND PART OF THE ANALYSIS ON NIFTY FALL. IF YOU NOT READ THE PREVIOUS ONE, PLEASE READ THE SAME FOR BETTER UNDERSTANDING. I HAVE ALSO SHARED ITS LINK BELOW. Exactly as per our prior observation, On 11 October Nifty and Bank Nifty crashed 300/800 Points at opening and thereafter showed a little recovery. However it ll be incorrect to assume any...
In the past 2 months Nifty has given us many shockers. From the major fall on 21 Sept to the Sudden Recovery of 150/ 800 Points in Nifty / Bank Nifty out of nowhere on 10 October. FII / DII are large investor and have the money and techniques to move the market in the direction they wish to. In started in September when they began to take Short Positions. Since...
UPL is looking for some upside. Positive divergence on RSI Indicators are there. Rest Everything mentioned in the charts.
Everything mentioned in the charts. Hope this helps.