sharu2486

sharu2486

Considering a uptrend in 15 min on intraday basis. Forming a upmove until the resistance.

sharu2486

A few psychological levels if Nifty turns bearish. Expecting pullbacks / rangebound at these levels

sharu2486

Bank Nifty being the volatile one seems to be heading ahead but destination seems to be unclear at the moment without any retracements following a straight line is boring. Respected a few fibonacci levels - not so precicely.

sharu2486

Nifty Support and Resistance with slopping trendline from previous upper circuits. Fibonacci levels from previous swing break. Still some juice left for a refill ?

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Pidilite at its resistance after a breakout from a descending channel as shown. Expecting to reverse

sharu2486

After a Huge rally downwards, I believe that Nifty will gap down at 1658 There would be some profit booking rise up to previous day low Test the levels again back ( dip to 518 ) Rise again and might go sideways / breakout

sharu2486

Nifty50 Chart for 3rd June - Depicting the Ways in which the trend might turn out to be.

sharu2486

Depicting Strong Support and Resistance Zones in Bank Nifty. Given that the downward momentum has shifted to range, The swings across the Swing CPR has been broken during off market hours. When favorable based on market conditions and appetite one can go long or short futures for a quick buck and hedge their positions accordingly.

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Downtrend Setup: - Fibonacci retracement drawn (a1) - 100% before the range of a rising wedge (b1) - 61.80% at the bottom of the wedge (c1) Result: - Price falling down to 23% of the retracement after a breakdown Followup Uptrend Setup: - Fibonacci retracement drawn - 100% at the bottom of the down trend - 0% at b1 ( Before the start of the rising wedge...

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A bearish Trend swing forming a parabolic swing A double bottom reversal Reaching and Breaking 60% on the Fibonacci Plot A Retracement to 60% Continuation pattern to complete the swing

sharu2486 Updated 

Buyers have indeed pulled this up riding against the tides (resistance) with strong support from Reliance today. Was favorable due to a huge gap up (+210 ticks), breaking Previous Day High, breaking currents days Resistance S1, S2 levels and was in a Strong Buy Zone. Respect to 16400 Resistance level is noteworthy and thus requires a swing to break those levels to...

sharu2486

A trend Line pattern for Nifty based based on its bearish run through. Extensions were extended to match appropriate support and resistance zones.