pureCraft69476

pureCraft69476

Crude is again getting rejected from the downward TL, seems like its forming a long term H&S, can see a 30/40% correction in the coming 2 years

pureCraft69476

the Banking index is forming a wedge on lower volumes, any break of the lower support levels can cause a 5/10% correction, view negated above ATH

pureCraft69476

A Good short setup in NG with SL of the TL. Summer seasons coming up and can see a decrease in demand for now

pureCraft69476

Gold seems to be attempting another try @ the 13 year BO

pureCraft69476

Looks like the Index dint not react well to the recent RBI decision, can we see a 2000 point correction here? Supports @ 43000/42000

pureCraft69476

Zinc, seems to be forming a H&S pattern, break down confirmed below 217.75

pureCraft69476

Looks like crude remains in the downward trending channel... and is ready for a positional downside, view negated on closing above 83 (DcB)

pureCraft69476

The Dow gives a H&S break down, cause of concern for Nifty? Lets see how the closing is...

pureCraft69476

Looks like a flag Break Out in NG... Lets see if NG can take out previous highs now

pureCraft69476

Double Top + Wedge, 10% correction on the cards? Icici, axis, Sbi seem to be dragging the Banking index... view negated if sustained above 43600

pureCraft69476

Hope the 43600/43200 Level survives... and history doesnt repeat

pureCraft69476

Lets see if this Breakout attempt succeeds. Any stock recommendations to take advantage of this move?

pureCraft69476

The Nifty was unable to take out 19850 even after decent results from HDFC Bank. Looks like its consolidating between 19850/19450 and the next trigger could be the Fed meet (Nov 1) Below 19330, Doors open for deeper correction Above 19850, the Index is ready to scale new highs

pureCraft69476

This post is on a Lighter note, Hope the results reactions this time are not so extreme.

pureCraft69476

Post the Crude crash and RBI policy (Status-Quo). The Indices seem to attempt a bottom formation. As long as the Indices hold these levels, Bank Nifty - 43600 (DCB) Nifty - 19450 (DCB) Fresh rally expected above: Bank Nifty - 45000 Nifty - 19800

pureCraft69476

Looks like the Nifty forming an Island reversal after the Crude crashed by 6% yesterday. As long as the $$ doesnt go soaring to new highs, it seems like we might see the Index stabilise here... Fresh rally above 19750, view negated below 19420 (DCB)

pureCraft69476

Seems like its time to take some profits for this stock. Entire auto space seems to see profit booking after posting some good numbers

pureCraft69476 Updated 

Both Crude and NG are coming out of long consolidations