Nifty broke out out of the consolidation and has chosen to follow the orange path as shown in the previous update. This is also in line with the Nifty wave count posted earlier (links attached).
The wave (v) down now seems to be subdividing. We have the following wave relations: (ii) > 0.618*(i) and (iii) = 1.618*(i). Thus, 0.38*(iii) <= wave (iv) <= 0.5*(iii)...
NSE:SUNPHARMA shorting opportunity at 437.55 with SL 445.95 and three potential targets.
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
Sharing Demand and Supply areas for nifty. These areas will work as support or resistances. Keep them marked on your chart.
Using My own indicator of volatility for trend guidance. Check the script it available in indicators. Will share the time analysis and few important updates in coming months.
Follow the price...
Nifty is moving down as posted in the previous update (link attached) which also has the short term view. For the long term, it seems that this move could eventually go to 10,000 giving an expanded flat pattern or 10,300 in case of a truncation.
(There's a remote chance that this is the start of a bearish market, but that'll get validated later).
Reliance Chronology of Insider Trading
August 07, 2019 Wednesday: On it made its low and closed around 1110,
August 08, 2019 Thursday: Reliance Gains 4% (13M vol) ~1500Cr @ median price of day
August 09, 2019 Friday: Reliance Gains ~1% (10M vol) ~1100Cr @ median price of day
August 10, 2019 Saturday: Market Remain Closed
August 11, 2019 Sunday: Market Remain...
MRF seems to have completed its correction and there is an opportunity to go long. The entry, SL and target (can be higher) are shown.
(This is a risky trade as MRF might make a new low before starting the up move. So if the loss is acceptable, then one can try this).
Divis Laboratories Ltd Technical Analysis Indian Stocks Market
Divis Laboratories is engaged in the manufacture of Active Pharmaceutical ingredients (APIs), Intermediates and Nutraceutical ingredients with predominance in exports. In addition to generic business, the company, through its Custom synthesis business, supports innovator pharma companies for their...
Price Forecast timing analysis by pretiming algorithm of Supply-Demand strength
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
Supply-Demand(S&D) strength Trend Analysis: About to begin an adjustment trend as a upward trend gradually gives way to a slowdown in rises and...
Tripple top and made a rounding top. Tripple top is an indication for a bearish move and rounding top is bullish. so clearly TCS is trading on indecision Point.
Book profit if you were in long and wait for a clear move for short term swing
Nifty is coming off a strong rebound just above the 1D MA200. 1D is on excellent bullish levels (RSI = 62.784, MACD = 111.840, Highs/Lows = 244.5718) having just crossed into new All Time Highs. With the Golden Cross taking place on March 15, we have a strong medium term buy signal towards 12,500.
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Nifty has just been rejected on the 11,760 1M Resistance after a relentless bullish run since mid February. It appears that since March 2018 the index follows an identical repetitive pattern, within the 11,760 1M Resistance and the 9,960 1M Support. Every time the index has rebounded on the 9,960 1M Support, a 1D Channel Up follows, which practically gives way to...
Hi trading view members.
Thanks for interactions on my last post.
USDINR is testing 3 month long support. Looking at elections and political situation, I predict that #USDINR will oscillate in the 69 to 69.6 range.
Rebound trend expected around early End march to April.