TradingSutra

TradingSutra

After breaking the 4 years best fit channel the stock has made a low of 1470 . Holding this level of 1470 unto 3 weeks, the stock has given a green closing on the weekly chart , indicating a retracement move. As per the short term , there is an EVE & ADAM Double bottom formation going on the charts. One should buy the stock if the neckline of 1800 would break...

TradingSutra

After completing the impulsive structure of 1-2-3-4-5 , the Stock has given a significant fall unto 61.8% from its all time high in A-B-C corrective move fashion. As per the current scenario the stock is ready for the next higher degree wave 3 which can be the strongest & largest of the previous 1st impulsive wave. Investment strategy: Buy the stock in the...

TradingSutra Updated 

After completing the the 3rd wave in an impulsive fashion of 1-2-3-4- , Dow Jones is ready to give a retracement as a correction of this fall in a-b-c fashion. the minimum target zone should be 23k levels.

TradingSutra Updated 

As long as nifty holding the level of 8000-8150 it is likely to give a bounce to complete the wave 'C' for a target zone of 8500/8800/9200/9500/9800 levels.

TradingSutra Updated 

After completing the 3rd wave of the fall , NIFTY is ready to give a relief rally in a-b-c corrective pattern. Nifty can reach t up the level of 10000 mark in this corrective wave.

TradingSutra

graphical representation of Corona Confirmed cases in major countries. Except china , every nation has an exponential increment in number of cases.

TradingSutra Updated 

As per the current candlestick pattern & price action, Gold is facing resistance from the upper zone. As long as it trade below the level of 1550 it has the potential to drop upto the level of at least 1250$ . Sell on any rise is suggested near 1550-1600 zone for a downside targets of 1450/1250

TradingSutra Updated 

As mentioned in the analysis, we are currently in the 3rd wave of 1-2-3-4-5 primary wave of this historic fall. In the 3rd wave currently we have just completed the minor sub wave (iv ) of i-ii- iii - iv- v structure . To complete the 3rd primary wave Dow Jones will fall again & after that we can see a bounce back again from the lower level, which will be a part...

TradingSutra Updated 

The Spike which we have seen in the previous session was stopped in the region of 28$ level completing the corrective move of a-b-c pattern. Crude Oil should resume the downside journey for the targets of recent low & even below that which can be the level of 17$-15$ zone competing the last (v) leg of primary 3rd wave on monthly chart.