singh17vivek

singh17vivek

Fibs are telling me that the 1357 is a strong support. Trendline support at the same zone is positive. Hence the zig zag corrective pattern of Elliott is done. From here the 3rd wave which is the strongest should begin. I will suggest one to buy this stock for investments at CMP of 1414.

singh17vivek

the current set up cant be a better example of support. Fib support, Trend line support, RSI & Composite- support above averages. MA support. R1 1056 R2 1080.

singh17vivek

This is the 3rd wave of a new cycle . We know that the 3rd waves are the strongest. U can buy at CMP of 280 my T1 is 380 this is 36% from the current levels.

singh17vivek

RSI- the Index broke the 40 levels again which is weakness. Elliott and Fibs- this is the C leg of correction. The 4th wave will either reverse from 21810 at 38.2% or 21847 which is 50% of the swing. We will wait for a bear candle at these levels for a tgt of 21400. An imp point this is a bullish corrective pattern.

singh17vivek

the stock will come out with its results on Monday the 12th Feb. The stock has been consolidating since 2005. I can see a change in trend in RSI. Fibs too are indicating strength. Buy at CMP of 110 T1 150 T2 190

singh17vivek

Fresh breakout on this counter. One can buy this counter for targets of 984 and 1200.

singh17vivek

Candlestick - the big red candle is a bear candle and an early indication of a change in trend, Fib- the stock cannot rally beyond 38.2% of the bear candle is very bearish. RSI- the oscillator is forming a double top below the bull support of 40. This is very bearish. MA- the stock has halted at the longest MA in red. But the rallies post that doesn't show...

singh17vivek

The sharp fall on the 22min chart is the iii of 3 wave. It is the sharpest of all. We know the fall is not yet done. Any rally to 1000 early on will be an opportunity to sell. The Fib confluence at 970 is my revised T2 .The T3 at 950 is fine as the next confluence is there.

singh17vivek

Fib- this counter is in a strong bull trend. Right now it is stuck at first resistance at 1628. Its a fresh buy above 1628 with T1 1690 and T2 1800. Both are fib confluence zones and the stock will face resistance at these zones. MA- on the 7min chart all the three MA's are together and hence an indication that the counter is ready for a sharp move.

singh17vivek

Fib- After a sharp rise the counter is now taking support at 38.2% from a higher zone. This is extremely bullish. RSI- the oscillator has taken the support above the bull range both on the 1hr chart and 22 min chart. This is very positive. On the 4he chart it is taking support above the bear range of 60-65 thats again positive. MA- on the 22 min chart three...

singh17vivek

Fib - the Intermediate trend is down. We still do not have any reversal signals. The current rally has a strong resistance at 295. We have a Fib confluence at that zone. Trendline- the zone also has a falling trendline acting as resistance. RSI- The RSI is still travelling in the bear range confirming that the trend is still down. Volume - a stock never bottoms...

singh17vivek

Fib- the Fib extension from three diff swings is giving me 2 confluence the first one is at 335. Below this the next confluence is at 50/35. The stock is extremely bearish. Will Morgan Stanley buying give it some respite. Technically the most imp zone to watch out for is 335. Coz below this it will loose 90% of its value.

singh17vivek

Fib Analysis- the Index is back to the previous highs which is a strong resistance. We have a Fib confluence at the zone. Trendline- the retest of the trendline from below is an indication of weakness. RSI- it is now oscillating in the bear range. Conclusion- in my view all the Indications are towards a deep correction, Minimum tgt is the recent lows which ...

singh17vivek

every dip is held by the MA on the 3 day chart. Hence the trend is intact. RSI holds the bull zone on every dip indicating uptrend is intact. On the intraday chart the stock held the 45700 which is the 50% from higher swing. This is very very positive. I think the Index should move up sharply post the budget. It will be negative below 45600.

singh17vivek

Directional Signal- Double top is a directional signal present on the ADR of the counter. This is a bearish set up. On the other hand the stock has already given a breakout in NSE chart on the right. This is a big divergence. Fib Analysis- The previous swing analysis is telling me this rally is not to be trusted. RSI- RSI on the two time frame charts in the...

singh17vivek

this is the forth time the precious metal has reached the same high and has reversed. RSI in the bear zone on two time frame charts at price resistance is very very negative. In my view the precious metal is all set for a big correction this time around.

singh17vivek

Many stocks have this set up ,where the stock is back to the previous highs which is now acting as support. Here the 609 is the crucial support. The lows made has heavy volume on the intraday charts. A stock generally doesn't bottom on high volume. Hence we will have to watch the 609 zone. A close below that will open the room for a bigger correction and a fresh...

singh17vivek

BNF- the Fib confluence at 45500 and 44860 are two strong supports and are the zones to buy. The short term trend is still up and hence this dip is an opportunity to buy. Nifty is far far more stronger than BNF.