TradingSutra

TradingSutra Updated 

being in a downtrend , GBP/USD forming a bearish triangular structure. Any breakout to the downside will lead the prices to reach the next support zone which is mentioned in the chart.

TradingSutra Updated 

Formation a bear triangular wave structure which can extend the selling mode to a new low of 17$. On the contrary pattern failure will lead the prices to the level of 22$. Act according to the breakout of the triangular formation.

TradingSutra Updated 

Breakout of triangular formation. Short on any spike in the range of 1690-1700 with a stop loss of 1760 for a target range of 1645/1545/1500.

TradingSutra Updated 

analysis mentioned on the chart. Expecting a corrective move of a-b-c fashion.

TradingSutra Updated 

After significant consolidation in the price range of 250-280 , Tata Steel is ready to give an upside surge for a corrective cum indicative move of the next higher degree impulsive wave. Above the dotted trend line it will give an upside surge for a target range of 320-330. Trading strategy: Buy above 290 keeping Stop Loss of 265 for target range for 320-330.

TradingSutra Updated 

Preparing the next trading range. Buy above 70 keeping a SL of 65 for a target range of 78/85/88 .

TradingSutra Updated 

After making a low of 19.21 $ , Crude oil is ready to give a retracement to ride for a 4th wave corrective pattern. Analysis is mentioned on the chart. One should Go long by keeping a stop loss below 21$ for a target zone of 26$ /29$ / 34 $ /36 $.

TradingSutra Updated 

Currently the wave structure suggesting a FLAT corrective move is going to take place in Gold. Even after so much carnage in global equites , there is no such significant buying has been seen in the GOLD. Inter-market relationship along with the wave pattern a short position can be taken in the zone of 1690-1700 with a Stop loss above 1720 for a target range of...

TradingSutra Updated 

Forming an ascending triangle pattern, Indigo stock is ready for an up move. Buy Above 1100 keeping SL below 1170 for target zone of 1150/1200/1250.

TradingSutra

After breaking the 4 years best fit channel the stock has made a low of 1470 . Holding this level of 1470 unto 3 weeks, the stock has given a green closing on the weekly chart , indicating a retracement move. As per the short term , there is an EVE & ADAM Double bottom formation going on the charts. One should buy the stock if the neckline of 1800 would break...

TradingSutra

After completing the impulsive structure of 1-2-3-4-5 , the Stock has given a significant fall unto 61.8% from its all time high in A-B-C corrective move fashion. As per the current scenario the stock is ready for the next higher degree wave 3 which can be the strongest & largest of the previous 1st impulsive wave. Investment strategy: Buy the stock in the...

TradingSutra Updated 

After completing the the 3rd wave in an impulsive fashion of 1-2-3-4- , Dow Jones is ready to give a retracement as a correction of this fall in a-b-c fashion. the minimum target zone should be 23k levels.

TradingSutra Updated 

As long as nifty holding the level of 8000-8150 it is likely to give a bounce to complete the wave 'C' for a target zone of 8500/8800/9200/9500/9800 levels.

TradingSutra Updated 

After completing the 3rd wave of the fall , NIFTY is ready to give a relief rally in a-b-c corrective pattern. Nifty can reach t up the level of 10000 mark in this corrective wave.

TradingSutra

graphical representation of Corona Confirmed cases in major countries. Except china , every nation has an exponential increment in number of cases.

TradingSutra Updated 

As per the current candlestick pattern & price action, Gold is facing resistance from the upper zone. As long as it trade below the level of 1550 it has the potential to drop upto the level of at least 1250$ . Sell on any rise is suggested near 1550-1600 zone for a downside targets of 1450/1250

TradingSutra Updated 

As mentioned in the analysis, we are currently in the 3rd wave of 1-2-3-4-5 primary wave of this historic fall. In the 3rd wave currently we have just completed the minor sub wave (iv ) of i-ii- iii - iv- v structure . To complete the 3rd primary wave Dow Jones will fall again & after that we can see a bounce back again from the lower level, which will be a part...

TradingSutra Updated 

The Spike which we have seen in the previous session was stopped in the region of 28$ level completing the corrective move of a-b-c pattern. Crude Oil should resume the downside journey for the targets of recent low & even below that which can be the level of 17$-15$ zone competing the last (v) leg of primary 3rd wave on monthly chart.