raghavs1ngh

raghavs1ngh Updated 

In part 1, I described that the Index, in my opinion, will be bullish for the rest of the year, as long as it doesn't breakout L3. As the the trend is going to be BULLISH, I have used R2-S1 approach. S1 being the lowest point of the year and R2 being the highest point of the year. Fortunately, H5 and R2 are visually very near and it has become the target of the...

raghavs1ngh

In this part, we see the pivot width and two year pivot relationship to understand whether this year will be trending or bracketed for BANKNIFTY. 1.)Analysis on the basis of Standard Floor Pivots. The two year pivot relationship shows the upcoming year will be bullish. The CPR of 2019 is way above CPR of 2018. The CPR of 2019 is also narrow indicating a trending...

raghavs1ngh Updated 

In previous analysis, i discussed that, in my opinion, this year the market is going to be of a trending nature. Let's see what happens when the breakout occurs near the virtual resistance or support. 1.) Breakout near virtual resistance. H3 level is the important level to look for. Any sign of weakness or reversal will give a great opportunity to go short....

raghavs1ngh

Part 1 deals with pivot width and two year pivot relationship to estimate whether this year will be a trending market or bracketed. 1.) Analysis on the basis of Standard Floor Pivots Central Pivot Range (2019) is abnormally narrow, suggesting a trending market, but not sure of the direction yet. CPR of 2018 is way below that of 2019, suggesting a bullish market,...

raghavs1ngh Updated 

First attempt Disclaimer: The lines are drawn as estimate...use pivot calculators online to get exact pivot points Let's go one by one: Two week CPR(Central Pivot Range) relationship : Green shows previous week's CPR and Blue show's this week's CPR. As you can clearly see, the two CPR's relationship is clearly bullish, as this week's CPR is way above...

raghavs1ngh Updated 

first time using symmetric triangle...will watch in few days ..how the stock performs?

raghavs1ngh Updated 

Bullish move imminent in BANK NIFTY??

raghavs1ngh Updated 

Bearish. started using symm triangle recently... Will wait for days to look which direction is taken by the stock(should be accompanied with high volume during breakout)

raghavs1ngh

bullish