NileshThete

NileshThete

Sell with stop of 150 for tgt 130, 118 & 102

NileshThete

Short on weakness for tgt of 148, 134 and 122

NileshThete

Everything on chart. Tgt mentioned is initial tgt.

NileshThete Updated 

NG after an explosive rally from Dec lows is correcting the impulse. The corrective move shows A as an impulse, B as zigzag and C as an impulse is going on with clearly visible i,ii and iii. Now the iv wave is near to complete as a tripple zig zag. We should see an impulse downwards again. Short omn breakdown of the wedge for tgt of minimum 2.54.

NileshThete

Break of the red trendline would be disastrous for Crude....I am targetting 21 levels.

NileshThete

Looks like after an down impulse..correction is getting complex looks like it will be a 3-3-5 flat. Buy for impulse upwards towards 3.5 lvls.

NileshThete Updated 

Silver has completed retracement of its expanding diagonal advance..Buy it traders for initial targets of 19 and 21..

NileshThete

Pharma index completed its impulsive rise in April 2015...Since then it has been showing a well confined correction which appears like a tripple zig zag. The correction seems to be over and we have a small impulse....Buy it traders with a small stop of 9770....as the rewards could be amazing...

NileshThete

Looking to short on weakness.

NileshThete

Lupin on hourly charts seems to have completed its correction...Buy it now with a stop of 1385 for inital targets of 1550.

NileshThete

D Link after an impulsive rise has completed its corrective retracement...Looks like we have started a new impulse....Buy it...for initial targets of 250..

NileshThete Updated 

Short on rise towards 1200 - 1220 lvs for tgt of 1130-1120...If it doesn't rise and falls towards 1120-1130 then start buying and keep on adding on all falls with stop @ 1040 and tgts of 1450...

NileshThete

Crude can follow any of the three paths as shown in the chart...My preference is 1. B as flat. 2. B as traingle. 3. Break of the HNS and zoom up.. Trade with caution here..Medium term trend is up..Short term can be difficult...

NileshThete

USD/INR PAIR seems to be in final stages of its amazing bull run...hope the pair will make a top in months to come and start a protracted long correction...Not advising shorts at present...let the complete run finish and then the pair can be shorted.

NileshThete

Buy and hold

NileshThete Updated 

Short it one rise with stop at 207...

NileshThete Updated 

Looks like 4th wave traingle is complete and we have seen an impulsive rise..Buy with a stop at 96.3

NileshThete Updated 

M&M finance made a life time high 404.9...There is not a single brokerage or analyst who is bearish on this....Chart clearly shows complete 5 waves (larger degree wave 1)..If the counts are correct, we can expect a good reatracement. According elliot wave guidelinefor wave 2, minimum retracement is 23.6% and maximum can be 88.6%..At the current date there are no...