Shivkumar600

Shivkumar600

still within the channel

Shivkumar600

finally its got to the 1905 levels which i had marked earlier, nice bat formation also around these levels, lets see if this hold, incase we do take on 1905 market will look at 1925 where fresh shorts will emerge, keep your stops

Shivkumar600

We could have one more shot to the 17k handle

Shivkumar600

short against 187 for 126

Shivkumar600

Markets are under correction and i believe most of the scripts including the index have topped and made high for this year, short against the top for targets around 410

Shivkumar600

The long at 1849 did work well and reached the target around 1901, shorts around these levels give a good risk reward, in case 1905 takes out we will touch around 1945 -75 , targets around 1730 looks plausible

Shivkumar600

Short against 1100, targets around 840 looks plausible, below 1016 the fall will accelerate

Shivkumar600

Short against 126$ with 75$ looks plausible

Shivkumar600

Had an impressive rally, markets have topped at the 240 handle, whoever missed out on selling this stock can go short against 205, can see deeper correction towards 115

Shivkumar600

Market may try the 1906 before heading south, in case market does take the 1906 handle we will have one final push to the 1970 handle, areas around the 1820 looks plausible in the medium term

Shivkumar600

I believe the top for the year at 11800 is made and we will have deeper correction going for the rest of this year and the 1Q of 2021 Who missed out on this trade can enter again with stop at 11400 on a daily close As long as 11800 is intact we will see a correction to the 9900 handle and below.

Shivkumar600

Scalping at its best, just sold at 1872, maybe will get back to 1845, if you look at my previous post i had asked to buy at 1845, market still targeting 1905 , so stop on this short should be at 1876 good luck

Shivkumar600

I was long the S&P on 24th March and did mention that the low was made and we could go higher and make new high between 3500 - 3700, market did top at 3583 and i believe the top for this year has been made. Wave C will drag the markets to 2600 , stops should be on the around 3475

Shivkumar600

Here are two scenario, market is still in the downtrend but providing a good scalping opportunity, 1906 is the expected target for this buy, in the event market does manage to take the 1906 handle, we will be heading back to 2040 Keep your stops and enjoy the trade

Shivkumar600

Its been a long time since i covered OIL, the last i did mention that the market will drop to the 10$ mark and there will be recovery to the mid 30 once the drop materialize. Well it looks like the market did exactly that, now lets look at what is in store in the near future. The recovery from the bottom is labeled as 1-2-3-4-5. If this is correct, a...

Shivkumar600

In my last post about gold, i did mention that the reversal is around the corner and can fall anytime, market is down 25$ from the time i posted the article. Coming back to silver, the 4 hr chart shows that the recovery from the 11.44$ is almost the 5 wave. Either market could head to 19$ to complete the missing 5 wave or correct from here itself in the ABC sub...

Shivkumar600

Gold’s recovery since late-2015 seems to be approaching its end. Wave 5 has been in progress from the bottom of wave 4 at $1451. Targets near $1800 looks possible in the short-term, but traders should proceed with caution. A bearish reversal is around the corner and can happen anytime.

Shivkumar600

The recovery from $3122 to $13 880 can be seen as a classic five-wave. It was followed by a simple A-B-C The recovery from $3850 must be the start of wave 1, meaning targets near $15 000 are possible from here. Once there, however, the bulls should be very careful as a bearish reversal for the beginning of wave C (market is in the larger A-B-C correction) ...