robus

robus Updated 

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 

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 

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 

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