robus

robus Updated  Dec 19, 2021

GSPL consolidated towards lower levels of 300s and has met enough demand to sustain these levels for the past few weeks. Negative MACD is waning from sell-side to buy-side. One can take a medium to long term position in this stock. Fundamentally this company is doing very well. Increased its topline revenue and market share. Trading at P/E at lower levels of 11...

robus Updated  Aug 13, 2019

NIFTY has been trading in very restricted range for last few quarters. The arrested wave has been creating complex corrective structure in 3-3-3-3-3 triangle (looking like megaphone) sideways denoted as A through E. With all subwaves printed it's very evident that its last leg of megaphone towards 10430 region. The last leg of triangle also conclude the...

robus Updated  May 23, 2017

I believe we are in secular bull and extension of 5 of V of (5) would do around 12000 before any major trend change, yet I believe we are overbought on current levels and some profit booking is due which pull index in region of 9000-8900 levels close to 38% retrace. Yesterday , Global Index got slaughtered , expect nifty to open weak. Trade your own strategy. Good Luck.

robus Updated  Sep 6, 2016

Inverted ascending scallop in sight B-A = height Height * 61% = Impulse Impulse + B = Target Price Summing Up all final value is 9192.89