Crude Cypher

Crude in a formation of Cypher pattern

If 3725 not broken than we can see 3555 below levels soon

Maruti Again

Maruti looks like completing wave B from its lows of 4760

A move past 5350 will need recalculate the whole

But if honoured than we may see sub 4700 soon

Nifty 5-0 Bearish

After completion of a Shark pattern Nifty rises nearly 150++.

 But there it again forming a Crucial 5-0 bearish pattern, which is a normal 50% retracement of Shark pattern.

But its a trend continuation pattern & if this works than we can visit Nifty sub 7900 levels again

Ceat

Ceat has completed a Ending diagonal pattern at today low.

If 1050 holds now than we can witness a swift upmove in near future in this script

1285 immidiate target above  which it can move till 1370+++ too.

Nifty Cypher Pattern

Nifty today completed the Cypher pattern

Now immidiate upside capped at 8056

above it closing nxt big move coming near 8370

Let Nifty holds first todays low

Bank Nifty Wolf wave

Bankex formed a wolf wave in smaller time frame

Any move above 17925 can bring a good short covering rally till 18200 around

Nifty future

Nifty future forming a Cypher pattern

Sell on rise for the pattern D leg.

VEDL

Have posted Vedl pattern few days back which is failed above 235

Now today posting another pattern as per fresh counts

Vedl has forming a Cypher pattern

This will invalid above 250

Downside remain same at 175 around level.

Posting for learning purpose only

Nifty update

Nifty looks like completing a 5 wave upmove.

8262-8318 is the completion zone of this upmove.

VEDL

VEDL another script which completes its Wave-5

Now a ABC correction under going which can move this beast towards 177 levels.

A Gartley pattern in Formation which can take it down trend

Above 235 this pattern invalid