yogi_sharma_elliottician

yogi_sharma_elliottician Updated 

Details in the chart

yogi_sharma_elliottician Updated 

Everything is mentioned on the chart. Initially it gave us a breakdown opportunity from the trend line, which I missed. Now, for long it has to come more down and it may take few trading sessions. So, we have much time and also not sure whether the trade will be active or not. It's like I am flying in the time machine :) Hope, for the best.

yogi_sharma_elliottician Updated 

Head and shoulder pattern is formed. Generally, head and shoulder pattern formed is formed in uptrend as a reversal pattern and inverted H&S pattern in downtrend. But, here h&s is formed in downtrend, still I am considering as a reversal pattern and other details are mentioned on the chart. Happy trading :)

yogi_sharma_elliottician Updated 

Bullish bat is formed. Major support at 481/90 level. This should be the reversing zone. Going long at this point can give you sweet points. Overall, trend is following pitchfork, expecting for breakout. Details in the chart. Keep supporting :)

yogi_sharma_elliottician Updated 

Everything mentioned on the chart.

yogi_sharma_elliottician Updated 

The stock is trading from a few trading sessions. Will wait for breakout/ breakdown. Details mentioned on the chart.

yogi_sharma_elliottician Updated 

Head and shoulder pattern formed, rest everything is explained in chart.

yogi_sharma_elliottician Updated 

Lupin may face initial resistance at current level. Long at dip near 622 level with cbsl below 617. Target 646 and 658.

yogi_sharma_elliottician

Mentioned everything on the chart.

yogi_sharma_elliottician Updated 

It seems a good bounce from trend line. But, I am expecting a breakdown of the channel towards 1367/54 level. Let's see where does it go. Your all view will be appreciated in the comment box.

yogi_sharma_elliottician Updated 

Will the coffeeeee spill from the cup or stay in the cup? Long above 664, but dogi and option chain doesn't seems to be in favor of bulls. If it does not breakout, target for short is 638/21. Let's see.

yogi_sharma_elliottician Updated 

Butterfly all around Tmahindra. Sell with candlestick confirmation for target of 713/94 in coming sessions. CBSL above 730.

yogi_sharma_elliottician Updated 

Formation of bearish Gartley is in progress. Tomorrow if market is in favor of bulls expect target of 899 above 892(intraday). If it breaks 900 and sustains above it. Expect 920 levels and that can be a reversal point for target of 860 with cbsl above 926.

yogi_sharma_elliottician Updated 

620 level seems to be a good resistance for Axis bank. Can short at this level for target of 598/80 in coming sessions. CBSL above 625 level. Sell at rise looking at the price action.

yogi_sharma_elliottician Updated 

This price looks attractive for long. Go long for tgt. of 1440 in coming trading sessions with small CBSL below todays low. For safe entry, enter at 1994\5 level tomorrow if it doesn't open gap down tomorrow. There can be small hurdle at 1410. Watch for that. For more safe entry, wait to cross 1410 level.

yogi_sharma_elliottician Updated 

A bat is in progress but may not be formed due to strong trend line support at 2121. Can go long at 2121/23 for trg- 2142

yogi_sharma_elliottician Updated 

Support line at 619 level. Option chain is favor of bulls for the tgt of 650 in coming trading session. Do not buy today. Candlestick analysis (snapshot) in comment section.

yogi_sharma_elliottician Updated 

Strong R at 311 level (trend line) confirmed with bearish Gartley. Wanted to sell at 308/309 level but I expected hammer/dogi to form today. Nevertheless, dark cloud was formed today as a third confirmation, but will miss few points and will enter tomorrow at rise (some 306 level), for the target of 300/294/289. CBSL above the trend line.