LDOS bullish regular divergenceLDOS is showing bullish regular divergence on its 4h and 1d charts. It is also nearing support inside a falling wedge.
Rsi_divergence
Bajaj finance a conditional sell candidateBajaj finance :-
Darvax box consolidation are peak levels,
Rising Wedge pattern,,
Bearish harmonic Shark pattern fomation,
Bearish divergence on RSI indicator,,
50% Time and Price retracement,,
Breaking below 3190 which is support as per darvas box and also trend line support of rising wedge pattern,, and sustain would lead to fast and furious fall,, for 10-15-20%,, view gets negated above recent high on closing basis,,,
Nifty finance index good short candidateNifty finance bearish harmonic ABCD pattern formation,, bearish Wolf Wave pattern formation,, breakdown from trend line support of rising wedge pattern,, bearish divergence on RSI indicator,, have probability to fall by 800 to 1000 points,,,
Nifty pvt bank index probable short candidateNifty pvt bank index have formation of bearish harmonic ABCD formation,, and given reversal from the same levels,, bearish wolf wave formation have given breakdown from trend line support,, nearest last support around 12300 levels of 200ema, breaking this would lead to fall of 1000 to 1200 points fall in this index.
INSIDE LOOK ON THE HOURLY CHART WITH MACD + RSI LEVELS If you don't stay true to your original trading plan you've already failed before you even get to see one of your TP's.
Thus being said, trust your first initial perspective on the market.
Your mind is your biggest asset plus indicator.
Cheers.
Short goldAs you can see there is some reasons to short gold.
1- very heavy overbought in every time frames
2- divergence in daily and weekly time frames
3- historical resistance since 2012
you can take profit in 1780 and 1750
Dow jones probable short candidateDow jones weekly time frame probable wave counts,, possible trend change in upcoming days,,can see fall of 10-15-20%
Dow jones good short candidateDow jones currently in corrective wave B,, which might face resistance from current levels to 26500-27000,, view gets negated above 27500 levels,, down side if corrective wave C unfolds that index might face water fall of 10-15-20-25% from current levels,,,
Nasdaq good short candidateNasdaq wave counts on 240 mins time frame,, 10500 will act as good resistance as per trendline,, wait for small reversal and soon corrective wave a-b-c might unfold,,,
Nasdaq weekly good short candidateNasdaq weekly time frame elliot wave counts,, wait for reversal of price till it re-enters the resistance line of rising channel patter in green dotted line,, below that if gives weekly close index might give water fall of 10-15%,,,once the condition is met and if counts are active,, maintain stoploss of recent peak..
SBIN: TECHNICAL ANALYSISWATCH THESE TRADE: CAN BE A POWERFUL SHORTING OPPORTUNITY
SELL @ 179
FIRST TARGET 170, SL 189
TARGET IN FEW DAYS
