The Indians are looking weak on this 3D time frame. The theory of curves says (at the moment) that price is losing steam for the north. South is the greater probability estimate. Note: this leaves a residual probability for the north. Disclaimer: Lose your money and sue yourself!
As long as price stays above 241, Uptrend in Daily timeframe is intact and one can BUY at 247 - 248 levels and accumulate further above 250 to 255 levels
A strong close above 187 can trigger 50% accumulation and another 50% accumulation when the price closes above 200 for a
EID PARRY - Good BUY at 175 to 180-185 levels for a immediate target of 220 But its a good investment stock looking at the monthly levels where the market structure is UP for the last 15 years. Reason for accumulation at 175 to 180-185 levels is due to over extension in price on a daily timeframe which potentialy could see a small correction before taking its...
The hourly Heikin-Ashi chart of NSE:NIFTY has retested the prior top at 11100 area. There is a bullish signal (3 green arrows) on the Multiple Super-trend indicator that I use. These arrows need not be on consecutive candles but when they are the signal strength is higher.
This rising wedge of NSE:BANKNIFTY in LOG scale starts from 2008 and is active even today on October of 2019. The scale of this chart pattern is now more than 10 years which is massive in terms of time and this can only increase the significance of the chart pattern. As you can see from the chart the bottom support line has never been broken on a closing...
NSE:SUNPHARMA shorting opportunity at 437.55 with SL 445.95 and three potential targets. Note: Please Consult Your Financial Advisor Before Taking Any Decision Always risk 1% of account size per trade, adjust the position size accordingly
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...
In continuation to my previous idea on a larger timeframe:
The two-year bull run of Indian stock market since March 2016 is due for a breather. Sensex touched a new all-time high of 36443 on January 29, 2018, ushering new euphoria amongst people. Markets do not go straight up or down, they do so in steps. We are expecting a step-down 2018 for 90% of Indian equities. And we do not expect the new highs to be taken out for...
Y'all should be aware of the inflight safety instructions.
NIFTY moved down in the fourth wave and bounced up from the red line as expected (see below). It appears to have now completed the fourth wave. NIFTY could move up in the fifth wave (magenta) in October, which could take NIFTY up to 12200-12300. However, if NIFTY crossed the red line and confirmed it as resistance then this wave count will be invalid and further...
Hello Traders, I wish you all a happy Sunday and I hope you are enjoying the weekend so far Today, we will have a look at the Nifty Index from India and the USDINR. First of all let me explain to you why I use the Indian currency rupee to forecast the possible move in the Nifty. That is a so called intermarket relation. First of all, we need to understand that...
#USD is testing markets with formation of wage. Wait for the breakout! Looking at the global economic stability and oil market, I expect to go long.
This stock is our first pick of the year for our readers.Handpicked after sifting through countless companies.We see good potential for the stock to jump from current levels.We see the stock moving towards the price band of 27000-30000 in the coming 8 to 10 months. Currently trading at 21000 level, the upside return is above 30%. Keep your eyes on the stock.
Price fell short of retracing to Yesbank NSE Indian Stock weekly demand level around 319 and kept on rallying strongly in a big picture uptrend. New weekly demand level created higher around 351, price did retrace to this weekly demand imbalance, playing out nicely. Long bias at new areas of demand on Daily and Weekly timeframes