Sarcastic_Sharma

Sarcastic_Sharma

Now retailers will rush in and go for shorts panicking about nifty possibly breaking 17k levels, guys its done the downtrend is in its last stages and this is when its gets choppy and tricky. So for now will have a bullish bias view but no more fresh shorting unless a clear opportunity present itself. Till then staying away from the index and looking at stocks etc...

Sarcastic_Sharma

The current market structure about to complete and now will look for longs for the next weekly buying from the support for the next weekly. This week to remain lacklustre as Rbi meeting and rate policies to be decided on 8-10 feb.

Sarcastic_Sharma Updated 

Nifty has broken out of the channel but as these channels work, upwards then resistance and then continuation towards the original trend, unless price action suggests otherwise. #volatility #bring it on.

Sarcastic_Sharma

formed another channel on the top of the current channel then got stuck in a wedge and nw jst going sideways taking hits from the trendline thats pushing it further, still bullish for intraday unless a hard and fast breakdown happens.

Sarcastic_Sharma

ping pong days ahead. Expecting strong corrections in all index stocks in nifty 50. Thats why index's behaviour are so important cz it gives you information about everything as a whole. how stocks are going to perform. this might look like sell on rise market for index as well as individual stocks but its also a buy from bottom kinda thing. One thing for sure...

Sarcastic_Sharma

no broken highs, just consistently lows and lows. this is what an utterly manipulated dead stock looks like. Save your money and run away from this if already in it keep the hourly stop loss as, market manipulative news fail to bring any more interest. #typical bse stock

Sarcastic_Sharma Updated 

Educational Purpose only. If you came so far and are looking at this description, you are smart enough, look up the structure. Do whatever. Thank me Later. #winteriscominginthemarkets.

Sarcastic_Sharma

Looking for price action confirmation, before going for swing. Bearish divergence is there so give it time and set an alert, putting it in my watchlist. #short-to-Mid Term Swing Stock.

Sarcastic_Sharma

Despite several International Brokerage Houses upping Reliance Industries target we are seeing, a giant dip. Now, will it go up or down only time will tell. However, this appears like the last shake-up before a phenomenal move upwards towards the 3000+ area and looks plump for a massive leg-up. Now keep in mind. Bull runs are always in fear and then disbelief and...

Sarcastic_Sharma

For Educational purposes Only: Ascending channel patterns: Or rising channels are short-term bullish in that a stock moves higher within an ascending channel, but these patterns often form within longer-term downtrends as continuation patterns. The ascending channel pattern is often followed by lower prices, but only after a downside penetration of the lower...

Sarcastic_Sharma Updated 

For Educational Purpose ONLY. A rising wedge is formed by two converging trend lines when the stock’s prices have been rising for a certain period. Before the line converges the sellers come into the market and as the result, the prices lose their momentum. This results in the breaking of the prices from the upper or the lower trend lines but usually, the...

Sarcastic_Sharma

some strong line here, ignore the multiple horizontal lines that r looking like barcodes. Some strong lines coming from a long way up and down. Lemme know yr thoughts other than the obvious, or comment randomn shit, i dont mind. #lonelyplanet.

Sarcastic_Sharma

Broke out of the pattern. a retouch for the support and upwards continuation.