Tuesday, August 25, 2015

Nifty Inverted Head and Shoulder Pattern 25 Aug 15

Nifty IHNS Breakout above 7900, tgt 7960, 8030, SL 15mins close below 7830 after trigger


Nifty Probable Patterns as on 25Aug15




Thursday, August 20, 2015

Nifty Gartley


Nifty Update 20 Aug 15


Kaveri Seeds: Bullish Anti BAT Pattern


Kaveri Seeds Harmonic Pattern Analysis:

In Day chart, it seems that Bullish Anti BAT pattern has formed at 428.

Considering other parameters, RSI is in highly oversold region and +ve div can be observed. Along with RSI, Stock Fast has triggered upside.

Probable Entry: It seems that 5 waves has completed from 428 to 515. Its retrace comes at 472-462 (50%-61.80%), keeping SL at 428 or 446 (80% retrace)

Probable Target: Point B (693), 830 (Golden ratio of the fall from C to D) & Point A (1025)


Wednesday, August 19, 2015

Thursday, August 6, 2015

Zinc Falling Wedge - 6 Aug 15

Zinc Falling Wedge - 6 Aug 15

Falling wedge is observed in zinc 60 mins chart. Lower trend line support is at 118.70 for current hour and breakout seems to be above 121.
Considering the oversold hour technical and positive div, the breakout above 121 could be highly bullish.

Voltas Rising Wedge - 6-Aug 15