raghavchoudhary2016

raghavchoudhary2016

EARLIER, i had posted saying if the us markets goes further down what will be there point. (check the link section) lets go on further, recession means what earned everything lost, reached its breakeven point. what profit gained has gone away, with net having no loss and no profit. FIBONACCI ANALYSIS: Fibonacci describes this statement in a very beautiful...

raghavchoudhary2016

my support got supported by today's price action. already that support was previously was supported to times. this was a bear trap. and now the stock is ready to give a range breakout! have a look at the increasing volume too. RSI IS SHOWING A FALLING WEDGE PATTERN! great time to enter!!

raghavchoudhary2016

we could see in further few days to increase volume and give a range breakout. havells is a great company. the major black line is the actual trend the stock should follow. currently its undervalued. great for swing trades. one can take a target till 1420.

raghavchoudhary2016

BLUE CIRCLE: is the consolidated market after the nifty 50 gave its bull run recently after June 20th. ORANGE CIRCLE: is the buying and selling, basically the manipulation of stocks for the short period. RED CIRCLE: and now the current stage, where the stock is forming A HIGHER LOWS PATTERN, chance to give a breakout. PURPLE LINE: is a support.

raghavchoudhary2016

i have determined the trend and great levels for buying and selling the stock. its a bit volatile market for this stock, but one can earn if he/she has a proper determined plan to trade such type of stocks. ANALYSIS: 1. BLACK LINES are the different chart pattern trends. 2. BLUE LINES are the good levels to buy/sell the stock 3. PURPLE LINE is for the shorter...

raghavchoudhary2016

nifty 50 has made a good recovery after 20th June, same followed by the nifty small cap. check the fibonnaci levels, and there's a good support of MA 100, after 20th june. many nifty small and mid caps have to get there bull run, so this became a point of breakout. speaking about breakouts, it happens in the triangle pattern. so you could check the blue colour...

raghavchoudhary2016

FIRST, nifty used to give about 12-14%, but after the corona's bull run, nifty will give about 15-16% returns. (i have drawn the major black trend line to support my point). 2. i have drawn the corrected consolidating part for the nifty, after its corona's bull run(5 waves). 3. have a good look at MA 100(blue colour), it has touched it on 20th June and did not...

raghavchoudhary2016

1. MA 100 is giving a very good support for alkyl. 2. one thing to note is it is forming a cup and a handle pattern, with the neckline drawn. 3. the stock has not given any returns, from past 6 months. 4. on 1st of august, the stock broke the trend line, to give a breakout, but it was not much effective, and from that period the stock is in a range. 5. have a...

raghavchoudhary2016

WPRO has given a bas returns this year, its quartly results also gave a negative affect on its stock prices. but this are all short term, things. this stock has pastly given great returns(look at the past trend i have drawn, the returns are approx.. 45% in a year). long term things are the moving averages, stock is in tis 50 moving average, as shown in its...

raghavchoudhary2016

the stock has given about 175% approx returns in just 7 months. it could be possible that, it could hold onto this support, and then start moving, but now its good time to buy. stock has been in a good rally, and i dont see, it will go down, and nullify the rally. i dont see further fall in the stock, and going more lower to its supports. the stock is just...

raghavchoudhary2016

this astock will go down till 2000, and then move up and continue to its trend!! 1. purple line is the trend actually trend, based on stock getting consolidated. 2. blue lines are the major levels. 3. black lines are the trends which define that stock will come down till 2000, and then move upside(since reaching at 2000 level, the stock will be at its bottom). I...

raghavchoudhary2016

previous analysis is in the link section. just here for a reupload of my analysis, and a update on it, that the waves which i had drawn are going perfectly. today as on 12th of October, manappuram have given a breakout, and went above 5%. great stock to buy, good with fundamentals, business model, and sales are surely to increase. good movement is gonna come...

raghavchoudhary2016

i am waiting to trade on a good breakout, on the 1st week of November. Naukri, is a good stock. PLEASE do have a good look at the colours. 1. the two dark black lines are the actual target what i am aiming for. 2. the dark purple line is the resistance which is tested multiple times. 3. minor blue lines are the levels, where one should look at buying for...

raghavchoudhary2016

"movement of prices, falling some strategy or a pattern(formed by psychology of buyers and sellers), makes up the price action"!! i had previously brought up the trend of market, and market is yet respecting towards. as previously said: INDIA is not in a recession. therefore nifty 50 is most unlikely to go below the support of 16700. trend line is drawn, and...

raghavchoudhary2016

a very good heads and shoulder is forming. today even the market supported it. target to its support: 29500. other trend lines too drawn. - MY ANALYSIS.

raghavchoudhary2016

just have a look at the two moving averages(50 and 100 ones), everything is understandable from this point. its time to invest in most of the best IT stocks. many FII have taken out there money from this stock. IT sector is in the range to give a breakout from MID OF JUNE. IT secotr is in great discount. good oppournity for swing trading. long term investment,...

raghavchoudhary2016

INDIA WILL ALWAYS BE THE BEST INVESTMENT AT ANY ANY TIME. NIFTY 50 IS A GREAT INDICES TO BE INVESTED IN. many of them ask will nifty 50 cross 18000 again this year, i say yes, and even say yes for one more question: will nifty 50 be still bullish in 2023. there are many reasons of it, and i have covered it in my previous analysis(check the lin section). i have...

raghavchoudhary2016

this levels are based on the my analysis. when the makret consolidates meaning comes in a range after some big move, a great support and resistance lines can be formed. levels can also be formed, where and which level did market respect based on opening and closing time. market giving respect meaning both buyers and sellers had agreed to that level. i will soon...