Tradernawab

Tradernawab

this time it should come down

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found a new pattern here on rsi, seems like rsi is following a arch shape . current cycle seems ending now and a new cycle is going to be formed . if we see on price chart , we will notice that reliance gave breakout on long term channel and came back for retesting. it bounced back but it is again coming down so their is possibility that it may again test 1860...

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buy above 225, target 240, 258, 275

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huge negative divergence on RSI chart is visible. rsi was going down but saved by 48.12 rsi level. this level has been sering a strong S/R line since 2013. surely price will face a great difficulty to break this line. fed will do all possible stunt to prevent this but if somehow this line breaks , a great downfall will come and a downfall will come surely

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Tata motor may come to test the level of 161-163. one can take entry at this point. target would be 200. if we see the volumes , 300 -400 target in 4-6 month period can be achieved easily but current situation of the market is very volatile. long positions should be considered according to risk taking ability . if we see other side , auto sector should not be...

Tradernawab

Tata motor may come to test the level of 161-163. one can take entry at this point. target would be 200. if we see the volumes , 300 -400 target in 4-6 month period can be achieved easily but current situation of the market is very volatile. long positions should be considered according to risk taking ability. if we see other side , auto sector should not be...

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castrol gave breakout on pink channel. buy at 121-123, target 129, 139, 155

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The stock market... Where to begin... I would say that it's strange and unexpected how the market had such a powerful recovery after the onset of the global pandemic, but it really isn't strange or unexpected. When you consider how and why the market got to where it is in the first place, it all makes sense. The answer is simply the Fed. When the recession of 2008...

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it has been predicted that after 13 nov. (completion of 38 days cycle) downfall will come, if you see right after 13 nov ,instead of going down , it went up but it made a bearish candle , next day again up but made a bearish candle, 3rd day it made a dozi and today it made a inverted hammer ( bearish candle). however it went little up but candles are screaming...

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seems like nifty may go for 13100 level , after that it may take a fall, frequent up and down can be witnessed for few days . last 2 candles are hammer in shape which indicates that bears are trying to pull down but bulls are strong enough to overcome them. bulls may take price to upper body of the channel , from there it can start downward trend. do not take...