raghavchoudhary2016

raghavchoudhary2016

i have drawn some lines on rsi panel, which says- RSI's support and resistance. it does not mean that only price can have support and resistance. RSI is also a relative nature with price, so it can also have such trend line parts. there is a less probabilty of falling more down. my analysis- rsi could take a rest on '45-47', then move upwards, price will take...

raghavchoudhary2016

rsi divergence when irctc is looked in a shorter time frame. possibility of a breakout.. i have provided the link of longer time frame below-

raghavchoudhary2016

Possibility of breakout, yet dont take a trade, stock can even go its support after touching its resistance. lets keep a watch.. i have provided the link of shorter time frame below

raghavchoudhary2016

i have marked the time of corona crash(2019), with a circle, this stock had not broken its support during a crash too, that means its a stable stock. it has a good fundamentals, due to heavy corrections from past year, this stock had corrected a lot. i have drawn a 5 wave pattern, and this stock will now stock its bull rally, as markets for large caps have...

raghavchoudhary2016

this waves are drawn based on the stock which is at major discount and with a good fundamentals, so the waves will follow there impulsive moves based on its targets reached previously. wave 1- a impulsve move to correct itself to reach the first level of its target wave 3 - to reach the second target wave 5- to reach the major trend line, to make the stock...

raghavchoudhary2016

since nifty it, has started to get its impulsve waves, there is a less probability that mindtree will fall down again, so it will give a breakout. and one more reason it will give a breakout is it has completed all its waves. and it is falling nifty IT quite a lot, so from my analysis it will reach the given target(waves drawn in chart). rectangle part is the...

raghavchoudhary2016

i have drawn perious waves, to understand how the stock moved. plus the rectangle figure is the range for the breakouts. i have even put the moving averages for your analysis . (red one- 50MA, blue one - 100MA).

raghavchoudhary2016

a new fresh start, best stock for swing trading. check out the 21 MA too. the highlighted purple line is the actually price where the stock should be. the stock currently is very undervalued(because small caps did not perform well), but from now they will be good going, as the markets have been corrected. and nifty50 (containing blue chips) have raised, so now...

raghavchoudhary2016

NIFTY MID CAp started recovering, and now its the time for its bull run. nifty 50 will complete its 5th wave with the help of different sectors who hgas started there bull run, which will make a space for nifty mid cap to make its impulse waves. i have link the nifty 50 analysis of this sept month, down below in the lins section, please do check it out, and let...

raghavchoudhary2016

NASDAQ, NIFTY50 AND S&P 500 ARE ALL MOVING IN SAME PATTERNS. from where- 1. NASDAQ has started its bull run 2. NIFTY almost completed its bull run 3. S&P500 has started its bull run. all the bull run's waves of indices will get completed on somewhere end of this month. adding on that, the 3rd wave will get over around mid of sept's week(16th -19th sept).

raghavchoudhary2016

nifty is at a very crucial movement. till 16th sept, nifty will cross 18000 target. and till that time nasdaq, dow jones and s&p will also complete the 3rd wave of bull run(i will provide the link below of the same). after that a small correction(4th wave), and then the finally wave which will make the nifty to reach its highest point all time, and based on the...

raghavchoudhary2016

dow jones will touch 33500. waves have drawn, have a look at it, bull run has started. i have already drawn for Nasdaq, and nifty 50. i have previously posted all the waves of it. I HAVE PROVIDED THE LINKS FOR ALL IN THE LINK SECTION,please do refer it. Nasdaq has started its bull run already, and nifty 50 has basically completed its bull run. now this is the...

raghavchoudhary2016

meghmani organics, gave a good start returns around its IPO time, earnings are good, and a small cap multibagger company.

raghavchoudhary2016

nifty it is now started showing a bull trend. i had even previously posted about tcs and nifty it, where i could a lot of cheers. one can take target @426 target 1- @450(for very short term) target 2- @526(for swing trade) one can go for lonf term by currently buy at this point, since 400 is the the bottom(and accordingly to my analysis it cannot go down any...

raghavchoudhary2016

every details i have mentioned in a the chart, with using the best tools along with the matching colours. FOLLOWING IS MY ANALYSIS ON THIS STOCK- THE BEST THING TO NOTICE IS, the blue lines which i have drawn, have been declining its angle, therefore the stock is correcting itself, its not correcting its price by a straight fall, it is been following the wave...

raghavchoudhary2016

orient electric is in its 5th wave!! one can take swing trades from 248. targert 1- 300 target 2- 320 one can go on look at higher time frames, to analze my targets. but yes, the bull will start soon after completing its 5th wave.

raghavchoudhary2016 Updated 

i had previously posted the same analysis of nifty 50, and here i have brought you an update. markets are in bull rally, and i guess a sort of bull rally is gonna over after going up by 50-100 points. after that if the markets rise further(which has a good chance because fii are entering), so that will not carry the bull rally, it will just be a bullish nature,...

raghavchoudhary2016 Updated 

wave are too mentioned, with its currentions. plus its gonna reach its target, and completing its bull run somewhere around 10th-15th sept. analysis done till that only. let see what happens next...