EMA - 20-50-100 narrow gap between all EMA's RSI - good space for upward movement MACD - below 0 and BULLISH cross over and we can expect upt 8-10% movement in LONG direction.
EMA - 50 Crossed 100 that means price will take support of 20 EMA i.e. future buy expected between 313-316 RSI - enough upward space for 5% movement upwards MACD - is above 0.00 and BULLISH we can expect less i.e. alteast 5% upward movement confirmed otherwise we would have expected 15% movement it this cross over would have happened below 0.00
EMA 20,50,100 - Narrow gap between all EMA RSI - in Range and good scope for price to move upwards MACD - BULL Cross Over
RSI below 70 MACD CROSS OVER EMA 20,50,100 Crossed and Inline
NIFTY Futures managed a sharp pull back after touching the support zones of 8340 odd levels. On the upside targets now remain at 8520 odd levels. Today's Gap low can be an immediate support below it this can be considered for gap filling. Swing upsides now emerge at 8650 odd levels with base continuing to be at 8350
Pfc has broken out of it's trading range with huge volumes and continued buying interest. Similar story with REC
Shorting auro pharma near 790 level gives a great entry and good risk to reward
Market Bytes 04-Jul-2016 Nifty futures: NIFTY futures continues the upmove with another gap up. For the upmove to sustain its important that NIFTY future sustains above 8340-50 zones. Upside swing targets now emerge at 8500-20 levels. In case it breakes below 8340 its back to a range bound. Interesting price action for last week. It was a week where almost all...
Looks good for a target of 295-297
Will look to enter a long position depending on price action
DUE TO GLOBAL MARKET CORRECTIVE UPSIDE, OUR MARKET ALSO RESPOND TO THAT. AS I SAID LAST WEEK NIFTY FELL TO 7835, I AM STILL EXPECTING THAT LEVEL TO COMPLETE THE WAVE STRUCTURE. WAIT FOR THOSE LEVELS AND ENTER LONG. NOW I AM ENTERED PUT OPTION @ 8000 FOR NEXT TWO WEEKS.
Market CRASH CRASH CRASH but Elliotticians thinks another good prediction. Wave principle proves and always wins. As i mention last post there possibility NIFTY fall to 8035 level and in comment update there is possibility 7965 level. Next week we can expect further downside upto 7860 level. Still upside targets are intact 8445 and 8666. This time i ll give...
As per our last post market reversal from 8235 to 8035 level, Still market holding on reversal zone. We can enter short upto thursday. On Thursday BREXIT also impact our market little bit to send the market sideways to Downside. But in medium term still market in upside 8420 and 8650 level are intact. Enter Long DATE : 23/06/2016 - Time 13:50 - ...
Market Bytes 20-Jun-2016 Nifty futures: In the previous session despite gap up openings NIFTY futures failed to clear our swing hurdle of 8250 range.Expected gap down opening below our trend decider of 8140-50 zones. This immediate zone will hold resistance and decide the market trend for today. On the downside a break of 8105 can lead to a test of 8080 levels...
As per my last post Nifty get Support from 8080 level and went upside but pattern not give view on further upside. I am going to review the wave count and come to the new support at 8035. If coming days Nifty fell to 8035 we can expect lot of buying on this level. The upside should be limited for this month as 8311 and trend will continue on next month also. Wave...
Pls refer to the charts (weekly in my first idea and 15-minutes one in this idea). Strategy is: wait for completion of 4 of c of B. Add 9.45 points (i.e. length of 3 of c of B) to its end. This will be stop for shorting for wave-C (weekly one) riding. As price reaches near to the calculated stop, enter the position! Target will be to the tune of 425...