raj_rishav

raj_rishav Updated 

Buy above 940 for Targets of 950 n beyond Sell below 930 for Targets of 920 n beyond

raj_rishav Updated 

ITC as forecasted in my previous cup breakout analysis is in a historical price value area between 194 and 203. Depending on how the results are vis-a-vis expectations of the market movers (MF, banks, investors); the breakout may happen in either direction or a side-ways movement. For breakout up; wait for a close above 206 Fore breakout below; wait for a close...

raj_rishav Updated 

Short below 175 (wait for a close below) for targets of 170 and 165. Wait for the confirmation of breach of channel trend line suggested in my last analysis

raj_rishav Updated 

Buy above 187 for T1: 190; T2: 192: T3:196 Sell below 182 for 180. I don't see SBI falling below 180 under normal circumstance. Follow ORB strategy on the 15 minute candle; enter on pull-backs.

raj_rishav Updated 

A break above 194.5 should see ITC back to its price value area between 194.5 and 202. If break above 194.5 T1 = 198 T2 = 200 T3 = 202

raj_rishav Updated 

M&M finance is making a 10 point move almost daily, albeit within the price value area with a few tails and excesses being quickly brought back into the area. The control price and the value is marked on the chart.

raj_rishav

Key S&R have been marked on the chart. The converging triangle pattern fits majority of stocks post COVID - so its not a surprise. Below 395; Short for Target upto 380; SL 410 Above 410; Long for Targets of 420; SL 395. Wait for 15 min candle to close before taking positions.

raj_rishav Updated 

Everything on Chart. We engineers have always loved LHS = RHS questions, so you can blame the bias! But everything seems to fit so perfectly here. Elliot will be proud (or absolutely enraged!) Support and Resistance have also been marked in what should be the next price value area based on historic price action. (You will have to scroll the chart to the left...

raj_rishav Updated 

Following up on my Divergence idea where I predicted a bullish breakout; the breakout is clearly following Elliot waves as indicated on the chart. On the last idea, I have already predicted the wave 4 as you can see in the updates. Gear Up for wave 5 with Targets in excess of 196: T1-196, T2-198, T3: 200

raj_rishav

I have identified the key price value areas on the daily chart. 1400 is the control price over last few days. The stock is trading at a key price rebound level of 1390. 1385 is a clear Support which has seen tails getting rejected sharply from this level. The stock has also taken resistance from the control price indicate Bears are taking control. However there...

raj_rishav Updated 

SBIN on the hourly charts is exhibiting a clear divergence. A similar divergence can be seen on the stock's fall from 171 to 150 and how it retraced from there! The stock is trading between key Support and Resistance levels of 178 and 171. As I had mentioned on my earlier analysis, 171 is a major support and the stock is expected to bounce back from there. A...

raj_rishav

CUB is in a similar territory. S& R & Stochastic RSI is indicating a breakout to 140 is on the cards soon. Buy after a clear break above 130 for targets of 140. SL - 122 Can keep buying below 130 awaiting the breakout. - Thats what I am doing.

raj_rishav Updated 

A clear break below 2290 (close below 2290 on the 5 min graph) T1: 2280; T2: 2270, T3:2265, T4:2250 SL above 2305. Clear break below 2250 may indicate breakout from channel and confirm the onset of corrective Elliot waves opening targets all the way down to 2115 - 2000 which constitutes a high demand level

raj_rishav Updated 

The corrective Elliot waves as per my last analysis reached T2 handsomely. The bearish Marubozu should make Shorting a 'safe' bet. However, a gap opening may get us a doji instead as the stock is inside a strong S&R Range; and the stock sees high volume trading. A harmonic pull-back is also on the cards in the 174-175 range for an uptrend back to 200. I would...

raj_rishav Updated 

A clear break below 2020 will confirm! Short below 2060 Target: 2045 - 2040

raj_rishav Updated 

The stock has broken the resistance at 641 for 3 days now, only to retrace back. With the overall market bearish now; Can Short below 610 for Targets of 600 & 585. Only applying theories that I have learnt from studying ideas posted by others and the underlying theories; Still have miles to go! All feedback appreciated.

raj_rishav Updated 

Intraday Targets: T1: 180 T2: 178

raj_rishav Updated 

Everything on Chart! Beginner analysis - looking for feedback only.