Price breaking 8340 TGT = 8455 Levels If it does not Break and Reverses, we are looking at maybe 8250 - 8225 Levels
GOLD TO MOVE UP if 1333 - 1335 Levels are Breached
REAK OF 48.50 Could see 47.50 & 46.50
INDUSInd Bank to go Long - TGT 1120 Shortly. 1. Popped up off a good Supply Zone 2. A few Mutual Funds have increased its holdings of INDUSIND BANK 3. Popped up from an Important FIB Level
SILVER TO GO UP TILL JULY - JUST A THOUGHT -- There is no tech analysis that I'm doing here. Its a just a gutt feel. I'm checking if this LUNAR thingy works or not
I could be wrong here, but something is telling me to go long in RELIANCE. - SL 938 TGT 970
CIPLA to GO LONG - Since CIPLA also moves a bit as per Nifty, we can expect a small upward move till 480 - 490 Levels shortly. I really don't know what will after that.
PCR = 1.217 I feel that the Price might go to a Max of 8125 and then slide from there. Weekly chart looks like there is more down side that is expected The actual effects of BRexit will come into play once the Companies wake up and realize what is at stake TCS, TATA MOTORS, INFOSYS and other Major Corps will shake a bit causing Nifty to Fall. ** NOTE : This is...
A Double Top got formed this week. 1. PCR is @ 1.37 - Meaning Nifty is OverBought and it could fall any moment 2. Current Level is at a Strong Weekly Supply Level and should ideally fall any moment 3. Anymore move upwards could be a BULL Trap - 8350 looks like the Max that NIFTY could go to. 4. 8000 looks like a target to look for and then lower
MARUTI - LONG TERM is going to Go DOWNNNN - It should break the 3900 Mark
The Break of 760 Could lead to 775 - 780 Levels 1. The company has decided to buy back a bunch of shares @ Rs.900 per share.
I'm not too sure about this, however again 1. Price has bounced from a good DEMAND ZONE 2. Price has also retraced from an Important FIB Level I feel its going towards 1.30000 I repeat, I'm just an amateur, if my analysis goes wrong, please don't murder me
EUR TO GO UP IN A FEW DAYS I could be wrong, however to me it looks like 1. Price bounced off a nice DEMAND LEVEL 2. Price is also retracing from an important FIB Level. I feel like 1.1350 to 1.1400 is coming up shortly. If i'm wrong please don't mutilate me
In the weekly chart Price has 1. Retraced from the 61.8 FIB Level 2. Dropped from a Strong Supply Zone With things like BRexit and other Global Issues coming up.. It is almost a sure thing that NIFTY is going South, If i were to use FIB Extensions, it shows a fall towards 6800 in the long RUN, but I don't want to be stoned to death, so I won't keep bragging...
Looks like Price caught a Supply Zone and it already Dropped. It could be a GAP Down tomorrow ( 17-June-2016 ) and 8075 is a potential Target