Kotak, Wow, it trades well in that box, published few days back. That 1450 price at the edge of the box, voila, what an entry that would have been.... Will it break the box this time. . . Let us see.
Nifty after 3 black crows with a big bearish candle, followed by piercing bullish; today was a good gap up, did not hold though but it neither broke the 50% of the piercing bullish candle either. and a day close above the 15 EMA. A good set up so far. Another 100 points close above the previous lows, would mean that 11150 will become intermediate low to break. A...
Will HDFC Fill the famous exit poll gap of May...! That would be much below the 200 EMA, though. I will buy then.
Indiabull - Facing stiff resistance crossing this zone on hourly time frame...
Is Nifty Bottom Broadening.... Not an expert... Just asking?
Surprised that there are some fundamentally bad news in this stock. Market knows better.... and it is heading to 2 digit... Hoping to accumulate more there and average... 1st Touch down level is 124.... 2nd is 100 .... 3rd is 82... !
Infosys - Another stock (Kotak), trading in the box range... 770 to 800... Trade the box, till it breaks on either side.
Kotak is trading well within the box... take your trade at lower end for buy and vice versa.... whenever it will break, it look likely a flag and pole breakout... let us see
If the stock flies past 422, it will face a stiff chikou resistance at the kijun 425... beyond that till 429 will face the cloud... Looks good till that from a momentum point of view, may all movements come swift... Long can be only beyond 429 after a re-test at the cloud... The weekly ichimoku doesnot indicate anything otherwise, which is good..
Though IT Index is under some pressure infy is not letting up go... all ichimoku long set up intact... on weekly it has also formed an inside bar... 800 needs to be crossed ... fingers crossed..
Trapped in the big cloud with the future kumo bearish... nifty heavy weight ... will make a strong attempt to come out of cloud...
Twice in 10 Years ITC has penetrated the cloud on monthly basis... just an indication of its strength... let us see what it does this month....below 250 ... 220 is the next monthly support ....
Would not be surprised stock attempting 285, 273,260 ... future kumo is bearish with widening gap .... all other Crossovers likely to happen below the cloud...
The stock has gone below the cloud on monthly charts... a good bullish pinbar followed by a large bullish candle on daily is an attempt to run toward equilibrium ... result this week bringing in the event suspense ... will retrace post event...
Bata is facing the classic ichimoku test of TK crossover below the cloud.. which is considered weak... it needs to cross 1450 strongly on closing basis to go long... wait for it patiently to attempt and would be better to short at that levels...
Nifty daily shows a sense of urge towards equilibrium kijun... likely to make an attempt... on weekly it bounced off the cloud too strongly ... on hourly it is taking support around 11030 ...
Nifty is below 200 EMA... How long will it trade their.... In the past whenever the GAP between NIFTY 50 EMA and Nifty 200 EMA has been narrrow it has bounced back quickly above 200 EMA in few days.... but if that GAP between 50 EMA and 200 EMA is huge, it take days to come back above 200 EMA. The most recent was October 2018, massacre... It took 6 weeks go back...
NIFTY MIDCAP ON MAKE OR BREAK LEVEL... RSI DIVERGENCE SEEN .. NOT SURE... ONLY EXPERTS CAN TELL IF TURNAROUND ROUND THE CORNER?