The indian stock market index is at the brink of breaking out massively here, in this currency adjusted chart. If it manages to move over this trendline resistance it can confirm a quarterly timeframe trend pointing to a large advance in the coming 12 quarters, as shown on chart. Emerging market stocks become interesting with potential weakness in the dollar going...
Let's see where we are going to head from here, as all major Supports broken with heavy Volume.
#DIVISLAB CMP 1532 Long suggested ONLY above 1550; Stop 1500 swing position / 1530 intraday position; Open target ; Logic : Trend template + consolidation pattern(Vcp).
I would like it to test zone marked in blue line before it makes any bullish move, but their is a possibility of it bouncing from cloud support. will keep on updating the trade at www.t.me DISCLAIMER: The Legal stuff - I'm not financial adviser and all the charts posted are for paper trading . PS make sure you give me a like, that way you get updates as I...
Premise: 1. The right shoulder of a possible inverse head and shoulders will form as described 2. A bullish divergence will appear on the Daily SRSI along with a retrace to the OTE 3. The market sentiment will lean slightly bearish Execution: 1. Single point entry at 10245 2. Stop Loss at 10029 3. Target is 11220 Result: 1. A 5:1 RR trade is executed
Premise: 1. A Bullish Divergence will appear on the SRSI 2. The price will retrace to the OTE zone 3. This movement will happen in more than 5 candles Execution: 1. 1:1:1 scale in between 10130-10180 2. Stop at 10000 3. Target 1: 10510 4. Target 2: 10900
Scenarios have shown a reversal of trend. Divergence coming in with braking of resistance may have triggered a bullish momentum now. Currently it seems the stock has made a slight correction after having shown a minor bullish rally and this correction should now come to an end with fresh bullish pattern again forming at key Fibonacci level of 0.618 which happens...
Hi Guys, I posted the same thing before but I guess you people were not able to see the waves clearly so that's why I am posting it again so that you can see waves clearly. My apologies for that. Here I am going to analyze the 1-Month chart of NIFTY. So this is how it goes:- According to Elliot waves theory, the 1st wave of the next bull run starts from the...
EVERYTHING ON THE CHART JUST HAVE A LOOK USE MY ANALYSIS FOR THE OVERALL VIEW OF THE MARKET HAPPY TRADING!!!
NSE:AUTOAXLES Automotive axles is the stock to watch out for, will hit a new high soon. Overbought many a times. Disclaimer: For education purpose only, consult your investment advisor before investing.
NSE:AUTOAXLES Automotive axles has been hitting new highs and is the stock to watch out for, in near short term will hit a new high. Arrows depicted. Disclaimer: For education purpose only please consult your investment advisor before investing.
NSE:CLNINDIA Disclaimer : For education purpose only. Please consult you investment advisor before investing.
NSE:RAIN Flag pattern formed on daily charts, breakout point.
Previous supply zone intact and is pushing the prices down. Alternate Trading plan is to wait till the price drops and WRITE 1500 PE Puts.
Axis Bank Completed 5 wave decline with an ED around 425 levels. This will be most likely followed by a simple abc correction (a and b of which are already done). Wave c should take us well beyond 500 in very quick time.