Cummins cmp 471 Deep crab pattern formation Counter trading falling channel pattern. counter is trading in 91 weekly cycle for peak to peak formation and 88 weekly cycle for bottom to bottom formation. RSI have given long term breakout from falling resistance trend line. counter can be bought at cmp and also on dips,, view gets negated below 420 levels up side...
HDFC BANK spot CMP :- 1393 Bearish Butterfly pattern formation Bearish Equivalent ABCD pattern formation PRZ in range 1399 to 1414 Pattern violation above 1440 once sustain above this levels for 30 mins Down side 1300-1250-1200 possible.
HDFC LTD spot CMP 2272. Bearish BAT pattern formation Bearish Alternate 1.618AB = CD pattern formation PRZ in range 2368 to 2424 zone Pattern violation above 2450 once sustain above this levels for 15 mins Down side 2200--2100-2000 possible RSI bearish divergence :- price making higher high and RSI making lower high
RELIANCE spot CMP 2087 Elliot wave study :- Counter is trading in major corrective wave 4 of impulse phase,, minor wave C of major wave 4,, If wave 4 matures around this levels and major wave 5 unfolds from this levels we may see good fall in counter from this levels Counter is good short candidate if breaks below 2060 levels and sustains for 15 mins below this...
S&P 500 Index Mega phone pattern formation Currently price is around resistance trend line of Megaphone on weekly time frame,, RSI bearish divergence :- Price is making higher high and RSI is making lower high,, Time cycle :- Index is making peaks and lows as regular interval of 36 weekly bars,,, History :- After every bull phase index tends to fall below the...
BAJAJ FINANCE spot CMP 4207 Bearish CRAB pattern formation. PRZ in range 4190-4240 Pattern validation once counter breaks 4190 and sustain below this levels for 15 mins Patter violation Above 4350 once sustain above this levels for 60 mins Down side targets 3800-3700-3600 possible
Bank Nifty Spot CMP 28600 Bearish Equivalent ABCD pattern formation PRZ in range :- 28215- 28550 Targets :- 25000--24000-23000. Pattern get active once index trades below 28200 levels Pattern violation above recent peak which ever is made,,
Nifty spot cmp 12640 Bearish Equivalent AB = CD pattern formation. PRZ in range :- 12770 to 12815 SLZ above :- 12888 Targets :- 12245..12045..
Berger paints cmp 615 Bearish butterfly pattern formation on daily time frame 1.27AB = CD pattern formation confluence around same levels pattern gets violated above 680 levels on closing basis down side 10-15% fall possible
Titan spot cmp 1180 Trading around rising channel support line As per elliot wave,, counter is trading in major impulse wave 3 and intermediate wave 4,, If intermediate wave 5 unfolds we can see good upmove till levels of 1330 to 1350 levels.. view gets negated below 1150 on closing basis
Reliance spot cmp 1875 Bullish crab pattern formation PRZ zone around 1840 levels SLZ zone below 1780 levels on closing basis Target around 2000,2060,,2135 levels.. Elliot wave counts Counter is trading in major impulse wave 3 of bearish impulse phase,, Major wave 3 can mature around 1800 levels,, If major corrective wave 4 unfolds from this levels we may see good...
Bank nifty good short candidate at cmp Elliot wave study suggest impulse phase on verge of completion,, soon corrective phase might unfold and reversal till levels of 24800-24300-23800-23100 can be seen. view gets violated above 26600 levels on closing basis
Bajaj Finance spot cmp 3658 Multi AB =CD pattern completion around same PRZ PRZ at 3650 to 3670 wait for reversal below PRZ, can be good short candidate with stoploss of 3700 targets 3500-3400..
Hdfc bank Deep crab pattern formation PRZ in range 1260-1270 pattern violation above 1304 down side 1220,1190,,1170 possible
Bajaj finserve spot cmp 5535 Bullish BAT pattern formation PRZ in range 5460 to 5530 Price making lower low and RSI making higher low, bullish divergence. Good to go long in range 5460 to 5530 Pattern violation below 5390 levels on closing basis Targets of 5800-5900-6000..
Asian paints spot cmp 2220 Deep crab pattern formation, bearish PRZ around 2215 to 2240 Pattern violation above 2260 on closing basis counter is trading around trend line resistance of rising channel pattern price is making higher high and RSI is making lower high, bearish divergence Good short candidate Down side levels of 2121,,2060,,2010 possible
DOW JONES yesterday posted same study from mobile app but dont know why full chart study was not displayed in post ,, so posting the same
Face book spot cmp 278 Counter is trading around rising trend line support. Symmetrical triangle formation support around 270 levels. Elliot wave :- counter is currently trading in corrective wave 4 of impulse phase, if impulse wave 5 unfold we can see sharp rally in counter.. good support around 260-270 levels, view gets violated below 246 levels on closing...