raghavchoudhary2016

raghavchoudhary2016

clearly we can see the pattern is forming. target: 1600. kotak will reach its bottom point after completing this pattern, making it to buy at best timings! have a good eye.

raghavchoudhary2016

stock could reach its previous resistance(1020). currently for short term, going long.

raghavchoudhary2016

i have used a great colour to present my analysis. so please go through the colours carefully. INDIA is clearly not in recession, this makes us to understand its bottom point. lets start: THE TWO BLUE LINES: represents the trend followed by NIFTY post corona's bull run. and through drawing the PURPLE LINE, i have marked the bottom, and its area(sorry for the...

raghavchoudhary2016

the two dark blue lines, shows the that the stock is on its IPO zonem, stock is at a very discount, it can all go up till 2200, with a very good swing trading. still can go further upside, in the long term. sales are good, quater results are also good. its a stock with good fundamentals, and a multibagger.

raghavchoudhary2016

EASY EARNING OF 35%, FROM SWING TRADING. else everything on chart!

raghavchoudhary2016

i was waiting when the market will open and my waves will get confirmed, today by a gap down opening, and not breaking out the trend line, i was final with my 5 wave correction. nifty will correct till 16550 level. this week will go in a correction. HAVE A GREAT LOOK ON THE RSI TOO.

raghavchoudhary2016

1. LOWER HIGHS-LOWER LOWS: price action says the actions or pattern formed by the price itself. and the people who trade in the stocks makes up the demand and supply. therefore, this affects the inflation, and there could be a major correction, if recession is announced. 2. 3200 level is getting support by FIBONNACI RETRACEMENT(0.618 AREA) 3. RSI ANALYSIS: first...

raghavchoudhary2016

HDFC is currently, very undervalued. no doubt to buy this stock in every dips. FIBONACCI, in its 0.618 area, great time to buy, on Friday, it has given about 2.25% rise(so now its great time to buy). same uploaded for HDFC BANK also(check the link section).

raghavchoudhary2016

HDFC BANK, is currently greatly undervalued, it needs to come up, and it takes about 7% in nifty 50 index, and about 27% in nifty bank. there is no doubt to buy this stock in every dips.

raghavchoudhary2016

RSI says everything, and its divergence is a great strategy to go bullish on the stock. currently IT sector is also trading down, i have uploaded its idea many at times. so anyone can go long on this stock, the dark 2 black lines are the range where we need to start looking out for the stock for some actions.

raghavchoudhary2016

Nasdaq has reached its crucial support. information is spreading about a recession in us markets, but technical like supports, rsi are saying to rise. although inflation is too high in us, and the markets too have corrected about 35% from its top, it do looks like, markets will not correct further more. same saying in the fibonnaci indicator. the index is lying...

raghavchoudhary2016

"when a stock falls in such a fast movement, it rises based on supporting its fall". the stock is in the range of 0.618 of FIBONNACI good time to enter to take the advantage of 3rd wave. stock will rise from Monday onwards. targets are mentioned. purple line shows the actual value the stock should be trading at. so the stock is available at a lot discount....

raghavchoudhary2016

ITC'S bull run, made everyone confused, thats because, ITC not getting any spacefor its bull run. well enough diversified in markets, made ITC to bring a proper focus and management. and that space come after the RUSSIA- UKRAINE WAR. ITC was undervalued from past few years, and barely had given any return. but such an economical factor, affected ITC in a dramatic...

raghavchoudhary2016

markets fell, indicators supporting!! rising wedge pattern is formed. RSI will react in the same way as there previous ones are. markets will reach its bottom point of its crucial trend line support, and will start moving up the next week. this week's was a crucial point, as FED'S meeting led to fall in our markets, and a further fall due to RBI's announcement....

raghavchoudhary2016

"when nifty is top, everything should be on top, when nifty crashes, the market crashes". everything on chart is explained about the trend lines with different colours. recently, bank nifty gave a good bull, and now a small correction it has faced. ANALYSIS ON NIFTY 50 WAVES(check link): currently now nifty has completed its 4th wave, 5th wave will begin soon...

raghavchoudhary2016

recently, bank nifty gave a good bull, and now a small correction it has faced. ANALYSIS ON NIFTY 50 WAVES(check link): currently now nifty has completed its 4th wave, 5th wave will begin soon on Tuesday or Wednesday around. this impulsive movement will basically come from PHARMA AND IT sector. but there are even some large cap stock which are slow in nature and...

raghavchoudhary2016

due to the hikes in interest rates, US markets are not getting that freedom to freely enter the market and make their positions. the hike is creating a fear among the people of not entering into the market, and keep on people selling their positions, making markets keep falling. "A BULL RUN can only happen when all the news has been factored". this explanation...

raghavchoudhary2016

in my previuos analysis of nifty50 waves(i will mention the link), i had drawn the waves which existed with the 2 major black line(drawn out in chart), i had thought nifty 50 will complete its 5 wave bull run impulsve movement, in that trend itself. but due to the affect of US markets, nifty is fluctuating(same acts for NIFTYIT too), so it will now hold that...