rahul93bhagat

rahul93bhagat

How far can you stretch the kite? Not very I reckon. Only a matter of time.

rahul93bhagat

Even the boring markets are making nice patterns at some level, take a look :P

rahul93bhagat

Nasdaq coming down in a horizontal channel. This can give a ruthless upmove if you're short!

rahul93bhagat

SBIN has been moving nicely between the channel, the upward target of the channel stands at 650+ but judging by the rally in PSU stocks SBIN can cool off a little and then resume its upward trajectory!

rahul93bhagat

A bullish divergence clear as day in TSLA. If it manages to keep the price above the low, we may have a potential rally towards 200. It looks oversold

rahul93bhagat

After breaking down with heavy volumes, Bitcoin is consolidating in a tight flag pattern . The breakdown of which would take it straight to 14000, this would also be the 5th wave of structure. After that it will be left to seen how it takes support there. I'd advise longs to stay away until there is a proper bullish confirmation above the resistance. BINANCE:BTCUSDT

rahul93bhagat

After breaking down with heavy volumes, Bitcoin is consolidating in a tight flag pattern. The breakdown of which would take it straight to 14000, this would also be the 5th wave of structure. After that it will be left to seen how it takes support there. I'd advise longs to stay away until there is a proper bullish confirmation above the resistance. BINANCE:BTCUSDT

rahul93bhagat

After the panic sell move ethereum has absorbed all the selling and now preparing for the giant upmove. The chart looks very strong and if you're holding ETHEREUM keep holding for a target of 1580+. SL = 1160 BINANCE:ETHEUR

rahul93bhagat

A very nice descending channel i NSE:RELIANCE nside a paralell channel. If it doesn't take one leg down, Im pretty sure it'll give a nice breakout heading towards 3100!!

rahul93bhagat

Expect an impending crash as the VIX may break out of downward channel

rahul93bhagat

The extreme breakdown of H&S shows that price action is weak in this scrip and next target is 440 followed by 380. Those who are stuck can exit. NSE:LAURUSLABS

rahul93bhagat

Thats a nice divergence at 1.13, if it holds this level the movement upward would be quick, sharp and hellish for bears.. WATCHOUT

rahul93bhagat

Contrary to what everyone is shouting, IT sector still looks weak, With stocks breaking down with huge volumes, it seems there is still room left for IT to bottom out. Lets wait for better price action to buy WIPRO, TCS etc NSE:TCS

rahul93bhagat

It looks like the Reliance consolidation channel will act as a resistance, I would only go long above 2667, if it manages to break it convincingly.!! NSE:RELIANCE

rahul93bhagat

A steep trendline of USDINR will make it quite difficult to sustain also merging with previous resistance,. Let's take how it goes from here, i would avoid fresh longs...!! FX_IDC:USDINR

rahul93bhagat

It looks like the crazy rally in ADANI stocks is coming to a good halt. With bearish structures in almost all Adani counters this one is no different. Below the break of 3100 decisively I would expect it to reach 2900 in quick sucession. But as this stock is F&O intensive, expect some fake upmoves and downmoves. But overall it looks ready to slide. But hey, I can...

rahul93bhagat

After testing the demand zone couple of times & based on weak price action and RS, it looks highly NSE:M_M unlikely that it will go up, on the breach of 1229, I would be expecting 1120 thick and fast.

rahul93bhagat

After a nice consolidation it looks like the fear is decreasing near support area, with less volatile candles & judging by the price action BTC is ready to roar according to me.. If it takes 20000 cleanly, it will reach 22,000 very very soon!! LETS SEE HOW IT GOES!! ITS TIME TO HODLLLL!!!