#ASHOKLEYLAND CMP 102.9 Bias - Bearish SUBJECT TO BREAKDOWN OF 100 LEVELS. Weekly chart shows a perfect H & S pattern. Price at the neckline region with higher probability of breakdown. Breakdown of 100 possibly could be disaster for the stock. Pivot based ema oscillator is at a new 2 year low. Next major support seen in the region of 80-82. Camarilla S4 at...
CMP 1969 Long suggested above 2000 Stop at 1900 Target 2200 plus Logic: W pattern formation fuelled by price / pivot oscillator divergence.
Daily charts cmp 169.80 Long advised above 172. High probability of Short term pull back towards mean. (195-200 ) Logic - Strong divergence seen in price Vs pivot based oscillators. Price forming lower lows + pivot based oscillators forming higher lows with volume supporting. DOES NOT SIGNIFY A PERMANENT REVERSAL. ONLY A SHORT TERM TRADING OPPORTUNITY. Stop for...
CMP 484 Long suggested above 495. Stop 420 Target Open Logic: Weekly chart 1) Passes MM trend template. 2) Price currently bounced from value zone and trading just above R4 cam pivots with good volumes. 3) Price has pierced the trend line resistance and has bounced back after making the first test with good volumes. 3) Fundamentally has been clocking triple digit...
NIFTY50 - Wave 3 completed, initiates wave for, ABC pattern to target 8000, the 50% Fib retracement support of wave 3. wave 5 to target 18000 in coming 5 to 6 years time frame. BUY THE DIPS FORM LONG TERM GAINS.
India became an independent country in 1947 and had a Grand Supercycle Wave I into the 60’s. Grand Supercycle Wave II finished up the 70’s, and this chart shows the completion of Grand Supercycle Wave III. The price action is reflective of the massive fiat credit creation in the Indian economy, hence the equity bubble. A true democracy, India is in the...
About to check wedge break up on monthly $SENSEX, $INDA
Cup & Handle Pattern being formed on daily chart of NIIT Tech, currently trading around support line, if breaks & sustain below support line of 1060 then we can expect sustained down trend for coming weeks, once it confirms of breakdown below 1060 then one can expect it to fall another 10-15% in 2-3 weeks and 30-35% over the next few months, Must trail sl at 100...
the chart is self explanatory i know many Indians with family and kids are holding their life savings in this stock please read this and see the obvious bear in the room DISCLAIMER - i don't have any TCS shares..... so hopefully this analysis is emotionally uncompromising
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Y'all should be aware of the inflight safety instructions.
NIFTY appears to be moving in the fourth Elliott wave which is likely to complete around 11250. It could then move up in the fifth wave before a substantial correction to below 10000 levels, if the wave count in the above chart is correct. This pattern will be invalidated if the the current correction drops below 10930. PS: This analysis is just for educational...
Have marked many levels on the chart directly, keep these levels under observation, whenever price will touch these levels be alert. Price is in complete up trend, for my trading i am keeping 2 price levels on scanner. 1. 11910 2. 11550 I personally expect market to go up till 11910 before it closes below 11550, if we dont go up till 11910 and go south...
Torrent Pharma is at a long term strong resistance. A short can be initiated with a stop & reverse above 1800. The risk to reward is extremely attractive. A break out hitting our stop loss would make for a strong rally, and a good long trade, recovering the SL.