raghavendrakumart

raghavendrakumart

A clean 5 wave and then a clean abc correction. The bottoms formation is another wyckoff in development. Once this ends..expect a strong upmove.

raghavendrakumart

A super clean chart. 1 leg of uptrend ended in Nov 2010 . Broad sideways Normal flat correction for 5+ years till Feb 2016. A new uptrend started with a clean 5 waves either completed OR being completed. After which wave 2 correction should start. Entry point is 240..levels approximately. Strategy is to BUY the stock below 245 levels to ride the next...

raghavendrakumart

Marked as red arrow. Aligned to Monthly chart view in below link. Patience is the key.

raghavendrakumart Updated 

Price at channel top @ 8810. Aggressive sell with SL - Hrly close above 8825.

raghavendrakumart Updated 

Double zig zag correction + Clean positive divergence in RSI and MACD indicators in Day and Week timeframe. Buy with SL = Weekly closing below 575

raghavendrakumart Updated 

Clean 5 wave decline...corrective rally OR a new long term upmove should being as long as price holds 340 levels. Recommendation is to BUY on all declines till 340.

raghavendrakumart Updated 

Follow up to earlier idea : I have a bullish bias either in blue label OR black label.

raghavendrakumart Updated 

Monthly chart shows a potential 4th wave going on from the lows of 2009. Bullish view : 4th completed as a simple A-B-C and now starting the 5th wave. Bearish view : C of 4th completed and the expanded triangle continues between the boundaries to complete remaining 2 legs as 4.D and 4.E and then 5th starts. Strategy : Buy at CMP and add more on breakout above...

raghavendrakumart Updated 

Month timeframe chart using simple trendlines...a triangular formation awaiting BIG move on either side. Breakout above 3300 and breakdown below 2900. On long term..rally will be treated as a corrective rally..assuming a multi year corrective phase.

raghavendrakumart

Buy with weekly SL = 800

raghavendrakumart

A long term chart of Nifty with simple trendlines. A triangular consolidation in play while rest of the major indices are in fine bull run. Holding 7800 levels approx is crucial for siginificant upsides. Strategy : Buy all dips from CMP to 7800 with a stoploss of monthly close below 7700. Focus should be on large cap stocks in Nifty.

raghavendrakumart

A clean 5 wave decline on day timeframe. Holding 360 levels, price should do a strong rally On Month timeframe : A seemingly A-B-C correction going on...to an outer extent of 320 levels. Summary : Add now on all declines in pyramid fashion.

raghavendrakumart Updated 

Long term trend line support. Investment buy.

raghavendrakumart Updated 

Wyckoff Consolidation pattern - awaiting for huge upmove.