Saturday, May 6, 2017

Dish karo Wish Karo

Dish TV can be shorted below 94 for 87 odd levels

Fall may be fast but Candle must open below trendline


Dabur

Dabur bearish Chart

Short below 270 candle closing only

For 259 immidiate target & 231 Positional Target

HeroMoto

Hero moto in  a tight wedge forming a WW

Short near 3390-3420

SL above 3459

Downside 3249

A Good R:R trade

BPCL

BPCL can be swing short only candle close below 715 for target of 655

Sl above recent high

Thursday, February 2, 2017

Nifty pattern

Nifty in formation of a Bearish pattern.

If 8770 not taken out than we may heading towards 8460 again

Posting what Chart showing here....

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