singh17vivek

singh17vivek

Fib Analysis- The stock has given a breakout on the monthly charts. This is again after a decade of consolidation. Hence I will term this as significant. On the daily charts the recent dip to 136 was 38.2% and was an early sign to enter. Since it has a long way to go I reckon it still is a good buy. RSI- the oscillation of the RSI has now changed from bear to...

singh17vivek

Fib Analysis- the retracement from the highs is 38.2% an indication of strength. The breakout is happening after 13 years. Breakout after over a decade of consolidation is very significant. At times the stock comes back to the breakout zone which is 156 . So it is a buy at CMP and on dips. T1 300.

singh17vivek

Fib Analysis- 646 is the Fib resistance. It is the 100% of the previous swing. So we have a price resistance. Candlestick - At the price resistance we have a reversal pattern Railway track which is a directional signal. RSI & Composite- we have a -ve divergence in both the oscillators. Conclusion - Use any bounce back to exit this counter. Below 512 exit...

singh17vivek

the dip to 64 was 50% of the swing. This is an indication of strength. It was also an indication of the bull trend being intact and strong. The breakout was at 103.50. The stock will now give a dip around the highs of 120. So its a buy on dip now...max pull back should be to 103. We are looking at 140 on the highs.

singh17vivek

This is the small cap Index in US. The small cap Indices are always a bit ahead of the broader mkts. Hence imp to watch them. Fib Analysis- The pull back to 38.2% is telling me the trend is very strong. That the bulls have been able to regain the top of the range in two candles is strength. To me the Index is at its most imp resistance. RSI- the oscillator...

singh17vivek

The stock has given a fresh breakout today. we may get a pull back around the highs. Retail generally sells around the previous highs. And that pull back will be the only opportunity post the breakout. Tgts are mentioned on the right half of the chart.

singh17vivek

Fib Analysis- The stock has taken support at 38.2% from a higher swing. This is an indication of strength. The stock is trading in a broad range of 10200 to 10700. RSI - support in the bull zone is again telling the trend is up and strong, MA- It took support above the longest MA of the three. This is very positive. Volume- it made a low on a low volume is again...

singh17vivek

Fib Analysis- the pull back halted at 38.2% from a higher zone. Hence this was just a shake up. The short term remains up and strong. Candlestick- Key reversal at the Fib confluence at 1812. An Indication of reversal. RSI- At price support the oscillator has taken support in bull zone. MA- the stock is above all the three MA is very positive, Conclusion- it will...

singh17vivek

The breakout on the daily chart was 46280. Now the Index should not give a daily close below this. Hence we are targeting 46350-46300 as our tgt for this correction. We also know that the Index should not fall below 46280 coz below that the correction will get very big.

singh17vivek

The stock could not rally beyond 38.2% is a sign of weakness. It has been consolidating between 590 and 570 for days now. Below 570 we should see 540 and 502

singh17vivek

We are looking at 9200 on this one. Hold this counter thats the first tgt.

singh17vivek

Pattern Analysis- A V shaped fall is a directional signal and an indication of extreme weakness. The rally here nearly to the highs was an opportunity to exit. Fib Anlaysis- The stock held on to the Fib confluence at 380. Below this it get very weak. MA- The stock has taken the longer MA as support. So this zone is critical, below this the selling will...

singh17vivek

attern Analysis- Thats a V shaped fall, which is a directional signal and an indication of extreme weakness. Fib Analysis- The retracement to 38.2% is an indication of continued weakness. The support is at 82.40 below this the weakness will only intensify. MA- Price is now below all the MA's and they will all converge which is again an indication of extreme weakness.

singh17vivek

Fib Analysis- In the previous swing the stock made its fib grid from a lower candle instead of the highs, hence I will take the current rally with a pinch of salt. It broke out above 900 and then retested the zone again. Trendline- It is beautifully respecting the trendline. Hence to me the break of this trendline will be the first indication of a change in...

singh17vivek

On the weekly charts the stock is at fib support. On the hourly charts the stock is now showing early signs of strength. The stock is a buy at CMP of 37436.40 R1 38400 R2 40140.

singh17vivek

The pair has halted at support at 1.07562 thats Fib support. On the hourly chart the stock is taking support over the MA's,

singh17vivek

The stock is taking support from higher zones is an indication of tremendous strength. It will breakout above 2300. Once can add more above 2203.

singh17vivek

THe stock is showing early signs of reversal. In my view its a buy at CMP of 7406 with first resistance at 7535 and 2nd resistance at 7650