Kshitij_008

Kshitij_008

Hi Star paper has given a breakout on monthly levels. Previous month high of 170 is broken this month and currently trading well above it around 177.40. Monthly Rsi is above 50. Monthly MACD is above zero line and has given breakout. We can have a SL of 147 and can look at the targets of 230 and 300 in coming months.

Kshitij_008

Hi As per the analysis, we can see prakash industries has given a breakout. It has gone above last month high of 77.20 and currently trading at 80.45. it tested the lows of 19 around 3 times till date. As of now its above Rsi - 50. Macd is positive Potential for the upside is huge. We can keep a SL of 67 and wait for the target of 130 and above that 230

Kshitij_008

Hi, As seen on the chart...we have completed wave 1, wave 2 and wave 3...and currently wave 4 is going on. It might complete near 17750 , and then we might have the last 5th Wave. 1st Wave got us 540 points. 3rd wave got us 670 points. So the 5th wave could go till atleast 540 points from the lows of 17750...which gives us a target of around 18300. We need to be...

Kshitij_008

Hi.. As we can see from the chart.... We have completed 1 to 3 waves for sure... and now 4th wave has either completed today or might complete on monday. after that expecting a drop till either 15850 or 15650 or 15550. After these levels....we can expect a good rally in all the stocks and index....atleast till 16850. But my view is we might test 18500 by year...

Kshitij_008 Updated 

Hi Have drawn lines for the range of Nifty as per Vix Monthly Range 18169 (Probable High) - 16793 (Monthly Close) - 15418 (Probable Low) - this remains constant for the entire month...untill its broken..then next range will be posted. Previous Weekly Range 17275 (Probable High) - 16658 (Weekly Close) - 16041 (Probable Low) Last week High Made - 16815 Last week...

Kshitij_008

Hi As we can infer from the chart...we have completed 3 waves and 4th wave will get completed today. (9th March 2022) after that we might see another 500 points drop probably till tomorow ( 10th March) election results time. After this drop we might have a rally probably till 16200. Lets see how this unfolds.

Kshitij_008

Hi As we can see from the charts.... 1st wave is done near 16155 from highs of 16662 then 2nd Wave got completed near 16388 then the big 3rd wave got completed today near 17711. Now the 4th wave might get completed near 16050-16100 range by 2morow. Then the big 5th Wave might complete near 15500 approx... We are definitely in Rise on sell mode. This posting is...

Kshitij_008 Updated 

Hi Have drawn lines for the range of Nifty as per Vix Monthly Range 18169 (Probable High) - 16793 (Monthly Close) - 15418 (Probable Low) Weekly Range 17275 (Probable High) - 16658 (Weekly Close) - 16041 (Probable Low) Lets see how this unfolds in coming days.

Kshitij_008 Updated 

Hi It seems we have completed waves 1, 2 and recently 3. Now we wait for the 4th wave to get over near 16850. From there we can expecr another round of sell off towards 16000. After that we will review.

Kshitij_008 Updated 

Hi This is the count for Bank nifty. As seen from the chart...waves 1 2 and 3 got over. Now 4th Will get over around 36800 and then the 5th wave will come down towards - 34700 approx. Seems a good opportunity to short.

Kshitij_008

Hi This is a long term wave count. As per this....we might have completed all the 5 waves and now...a big 4th might be unfolding. The wave count starts from April 2003 with lows of 920 and then the high towards 5260 from there again a low to 2555/ Then the 3rd wave - a glorious wave to 12240 - around feb 2020 From there we had a great fall due to covid. Probable...

Kshitij_008

Hi This could be range for the week....its purely based on India Vix. Higher the vix....higher the range.... Let us see how this unfolds. Range for the Week Probable High - 17275 Mid Point - - 16658 (Close) Probable Low - 16040

Kshitij_008 Updated 

Hi As seen on the chart, we seems to have completed 3 waves forcefully and today we might complete the 4th Wave. It could be max 50% - that is till 16700...but could also complete near 16590 or 16440 approx. So we will look out for shorting opportunities around these levels. This can go till next week. We are still not out of the bearish zone. Its sell on rise

Kshitij_008

Hi The Above wave structure is self explainatory, and a possibility A wave and B Wave Completed. and C wave Going on... of this C wave....1st to 4th Wave is completed. 5th Wave going on. 1st wave down move of 750 points,3rd wave downmove of 800 points so 5th Wave might be of 700 wave atleast... So 4th Wave high is around 17380, so 700 points from those high -...

Kshitij_008

Hi All, As per my earlier Idea, i had given a count of mid term Nifty count of waves. 3rd Wave going on. Inside 3rd Wave i have put counts from 1st wave to almost 5th wave. so 1st Wave starts from low of 10850 and end around the highs of 12018. - almost 1150 points then 2nd wave gets completed around 2nd November at 11557, - almost 450 points then again the 3rd...

Kshitij_008

Hi After the recent fall from March, we might have completed the bigger Time frame 4th wave. Please go through the other Idea that i have published. Now in this bigger 5th Wave - we have the following wave structure. The bigger timeframe 4th wave completed around 9000 near 26th May. That is my opionion, others may vary. I have this structure from the lows of...

Kshitij_008

Hi Here I am posting my views on Nifty for a longgggg Term. The Chart seems self-Explanatory. On the Longer term, we seems to have completed 4 Waves & now 5th Wave is going on. 1st wave started from 920 & completed around 6357 - around 5400 points, then the 2nd wave was a drop till 2555,approximately 3800 points from the top. from there we had a glorious 3rd...

Kshitij_008 Updated 

Hi As per the current reading of Nifty, we are able to see divergence in MACD as well as in RSI. Its a Negative Divergence. Yearly pivot comes to around 11680. High possibility of 5 waves completion from the lows of 9004. So overall "B Wave" got completed. Now "C Wave" Should start.