Category: Equity

Bank Nifty has started showing weakness after made a all time high. On Daily Chart there is a Negative Diversion which played really well today. Bank Nifty spot closed at  23542.75 -o.81%. Immediate support for bank nifty is at 23300 levels. On weekly charts there is a Grave Stone Doji candlestick pattern made at the…

Maruti Looking bearish. It has made an Head & Shoulder pattern on 30 mins chart. Support zone 7090-7100. Below this level it will be heading for 6950-6900 levels. Do take advise from your financial advsior before taking any positions.

EURUSD has made an Inverse Head & Shoulder Pattern on hourly chart and completing its 5th wave upwards on Daily Charts. Buy should be near 1.124 for Target 1.140 but we have to wait for the confirmation. Charts are below for your reference. Sid  

Thanks to EURUSD for Hitting the Target  1st Chart is of 7th April 2017, When I told to buy the EURUSD Pair at around 1.058 levels Current Chart of EURUSD – Made a high of 1.1260 🙂 Target Achieved 🙂 Will keep giving you best of the Trades 🙂

Quick Update on Currency Trade – Pair EURINR On Hourly Chart – Price has started making lower Highs & Lower Lows indicating the downtrend. “Head & Shoulder Pattern” clearly visible. Price has already broken the neckline. There is a Hidden Negative diversion also formed.My View is “Bearish” expecting the price to retrace to 71.75-71.60 levels…

Update for Currency Traders Short Term View  On Daily chart – Price has made a lower low and lower high indicating “downtrend”.There is “bearish flag pattern” formed inside the channel. There is a “hidden negative divergence” also formed.So my view is “Bearish” expecting the price to retrace to 0.725 – 0.715 range. Below is the…

As posted in the morning, Bharti Infratel Chart has made rising wedge pattern + negative diversion on daily charts. Thanks to market volatility my 1st Target achieved today itself. Hoping for more downside in coming days.

Ultratech Cement Target almost Achieved 🙂 “Negative Diversion worked beautifully here “ “Sell below 4330 for Target 4130-3900” Today Made a low of 4150 🙂 Cheers Chart Posted earlier Current Chart

Thank you Century Textile. Target Achieved 1090. Current chart of Century Textile Previous Hourly chart

Bharti Infratel has made a Rising Wedge Pattern and there is RSI (14) Negative Diversion also. Keep an eye 🙂 Short term Target looks 370-360 levels if breaks the wedge