rekhi567

rekhi567

Look at the trend line drawn, clearly shows down trend of the bank

rekhi567

After making all the study regarding Elliot Wave and other relevant analysis, to make things simpler for all of us to understand, I have put just two green Horizontal lines and plotted my indicator based on daily volatility. Stock Price is above pivot shown by white thick line. 1. The upper Green horizontal line is providing resistance right now. 2. The lower...

rekhi567

There is thick copper line drawn providing support to the stock and a thin copper line crossing it from the above. Buy on dips, this is the stock which will be keeping Nifty up now. Buy on dips. Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will...

rekhi567

Please read the notes carefully written on the chart. Execute on only as per the levels mentioned. Use proper indicators. find reasons to trade, if found all set then click the order and do not forget to record the result. Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before...

rekhi567

Please read the notes mentioned on the chart. 1. Monthly resistance has been created for the stock and it is making continues lower highs. 2. Do not get into the trap and quit immediately. Major resistance for the stock is 718 and then 721. 3. The pivot candle for the stock was 12-4-2023 and it has not been broken. Price is below that. 4. There is only...

rekhi567

Tata Motors sell below 29th November 2023 Level. Target 600. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.

rekhi567

Sell ICICI Bank below 03-12-2023. Target 990 Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.

rekhi567

10.46 a.m. candle is pivotal for the stock. Be cautious, sell below this.

rekhi567

US Oil In bearish channels now. Trading below 50 SMA. 10:46 candle today is pivotal in nature. If price does not go above this you may remain short till 3:00 p.m.

rekhi567

Reliance has completed its bearish moves and now in bullish trend. Buy on dips. 2398 is the support now, if falls below it till 2355 even not to worry. Should remain above high of 29th November 2023 candle. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of...

rekhi567

Please refer to my previous discussion on Nifty. (Link Provided). There it was mentioned that Nifty may come down in the evening from 5:03 p.m. and it has done the same way and still trading below that candle as marked by a white horizontal line. How to trade today? (a) Candle of December Ist has to give support, if Nifty has to go up. (b) Candle of 29th...

rekhi567

Now that, low of 1st December has been broken recovery will come only when candle of 1st December is engulfed. Candles to be watched are as under: 12-4-23 8:11 AM 12-4-23 12:37 PM 12-4-23 5:03 PM Out of these, 12-4-23 5:03 PM candle is most important and going to decide future course of action. Disclaimer: I am not a Registered Analyst with any...

rekhi567

High and low of (12-4-23 5:03) PM this candle will decide the future for this Month for Gift Nifty. If it drops below this candle, a deep correction is on. Also watch the comments on the chart in relation to price movement. William's R% is also showing overbought condition and candle of 29th November and corresponding volume of that day also suggest that....

rekhi567

Please refer to my previous post on the stock of Friday. Buy only above white Pivot line. Also refer to the notes on the chart. Price should remain above 11:27 a.m. candle of day before yesterday and then cross 9:16 candle of Friday. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not...

rekhi567

Please refer to the notes mentioned on the chart. Also: (a) Candle of 9:16 a.m. in the last working day created resistance for the stock. (b). It also broke level of 11:27 candle of the day before yesterday candle. (c) for tomorrow 12-4-23 12:37 PM is the important candle. (d). On First December price made a high then fell below the level of 22nd and 23rd...

rekhi567

1. Buy only above white pivot level. 2. The retailers may have a positive view of the market in relation to state election results. But, smart money may play on this idea and in the beginning market may fall and then pick up or vice versa. 3. Buy only when low of 1-12-2023 is not broken. 4. Time levels for tomorrow is 12.37 p.m. Buy only when price remains...

rekhi567

1. Natural Gas is trading between two sky blue horizontal lines with corresponding sky blue trend lines of the Gann angles. 2. It is the best time to buy and hold if low of November 1 is not broken. Moreover high of 29th October 2023, is the major resistance. Dates of 4th November and time of 12:47 p.m. candle is important. 3. I have not plotted any...

rekhi567

1. In my previous ideas on the stock, I recommended buy on the stock at 1480 with a target of 1509-21 and the 1560. So, in all 80 points in all for the month of November have been achieved. 2. What next: I could have drawn a harmonic pattern on 30 minutes chart and presented the analysis but, drawn some horizontal and trend lines for every one of us to...