Wednesday, January 11, 2017

Bank Nifty Pattern

Bank Nifty is completing a bearish Butterfly pattern

Invalid above 19050

Posting for learning purpose

Nifty Counts

Nifty what it is doing
Are we have done short term bottom???
My view says No
Are we have started a new rally???
My readings says NO
Is this time to Bearish or Bullish
My answer is can go both ways but with small Sl..
The chart patterns shows we are in wave C from 7894 lows & its wave-v running currently..
Its my counts & may be wrong too
The last pattern bearish ABCD at 8280 is the top of wave-iii which gave a small down move & after that wave-v brings today level.
I may be wrong in whole setup & counts too but it is what chart shows me & I believe on them.
There is a very small SL of 8415 above which this C wave can attempt towards 8473
Here I am considering 7916 is the bottom of wave-3 & the whole ABC is the part formation of Wave-4

Nifty Pattern

Nifty has completing a cypher here

If 8415 not taken than a probable reversal may be there

Posting for learning purpose only

Friday, January 6, 2017

Bank Nifty

Bankex forming a Bearish Gartley Pattern

182500-18500 is PRZ for it

Expecting sub 17500 levels soon

Thursday, January 5, 2017

Nifty

Nifty completing a bearsih ABCD pattern.

It invalid above  8310

Spot levels

expecting a good reversal if above pattern work in full force

Tuesday, January 3, 2017

ZEEL

Zeel framing a hidden -ve divergence in its B wave

A move till 430 below possible if 470 not taken out closing basis..

TSC

TSC a leading It giant

Complets a Wolf wave

expecting a knee jerk in this

Wolves are roaming in NSE, a Bad signal for Bulls

Monday, January 2, 2017

Bharat Forge

Bharat Forge forming a nice wolf wave

below 928 sustain can go for sub 900 levels..

Sunday, January 1, 2017

Hind Petro

An ideal Wolf wave

Hind Petro

Posting for learning purpose only...

Spotted this but not traded,  busy in other scripts & miss of such a super setup