RUDRA007

RUDRA007

CHART PATTERN :- DESCENDING TRIANGLE PATTERN BREAKOUT DOUBLE BOTTOM PATTERN WITH POSITIVE DIVERGENCE ON RSI ELLIOT WAVE :- IMPULSE PHASE COMPLETED,, CORRECTIVE WAVE WOULD LEAD COUNTER TO HIGHER LEVELS COUNTER CAN BE BOUGHT AROUND 1070 LEVELS AND ADD MORE AROUND 1040 LEVELS VIEW GETS NEGATED BELOW 1088 ON CLOSING BASIS UPSIDE 1200-1250-1300 LEVELS POSSIBLE

RUDRA007

Bearish harmonic AB=CD pattern formation ,, as per pattern resistance around 1673 levels If unable to sustain above this levels, counter can fall to levels of 1573,, 1527,, 1483,,

RUDRA007

view gets negated above 18100 levels targets of 17600-17500-17400

RUDRA007

GOOD SHORT CANDIDATE

RUDRA007 Updated 

Asian paint cmp 1500 good levels to go long 1465-1485 view gets negated below 1454,,

RUDRA007

bank nifty around resistance of falling channel pattern would be good shorting candidate,, bullish shark pattern fomation ( pre assumption)

RUDRA007

9280 to 9350 good range to go positional short,,,,, for down side targets of 8700-8600-8600-8400 view gets neglected above 9555 on closing basis

RUDRA007

Jubliant food :- cmp 1530 below 1500 once sustain can fall to much lower levels elliot wave counts inverted flag and pole pattern,,

RUDRA007 Updated 

Counter can be shorted in prz zone,, from where good reversal can be seen,,, view gets negated above 2350 levels on closing basis

RUDRA007 Updated 

ultratech cement is trading around resistance zone can see reversal from this levels,, view gets negated above 3650 levels

RUDRA007

Bullish shark pattern formation near trend line resistance of rising wedge pattern view gets negated above 2800 levels,,,,

RUDRA007 Updated 

colgate cmp 1540,, all details mentioned on charts,, pls follow as per levels mentioned in charts,,,

RUDRA007 Updated 

Counter is around life time high,, and can face some selling pressure around this levels if not able to sustain,, RSI have given negative divergence in recent 2 peaks, and historically if observed price pattern and RSI negative divergence matches the pattern of last time, marked on chart,, if this has to be followed we may see sell off in counter,, wait for...

RUDRA007

Counter is forming inverted head and shoulder pattern on 240 mins time frame,, recently counter is trading in narrow range since last 8 to 9 bars,, breakdown below 1070 would lead sell off in counter till levels of 1034,,1022,,1009,,999,,988,, RSI indicator is on verge to give breakdown from previous low levels,,