satyajbims

satyajbims Mar 12, 2024

HDFCBANK surge well above both the lines of PTT and the LUCID SAR supports are tightly placed . The Smart Money Concept show the support area in blue and the resistance area in red. The GANN Square of 9 provide valuable insights on the near term support and resistance levels.

satyajbims Mar 5, 2024

Progressive Trend Tracker by KivancOzbilgic is a modified bollinger band indicator which creates buy signal once the price crosses the the blue line from below as observed in the chart. The price breakout is clearly observed. The candle sticks near 933 showed clear reversal and triggered a buy signal on break of 960. The Smart money concept created by LuxAlgo...

satyajbims Dec 19, 2023

AARTI IND : The SM 200 is observed in the chart as yellow line. The price above the line provide trend reversal signal. SInce than the prices have moved swiftly. The horizontal line is likely to act as the new support level at 572. The retracement from the peak of 1009 to 438 gives us the important levels to look for and the same is visible on the charts.

satyajbims Dec 15, 2023

TATACHEM : A triangle chart pattern is observed to be in formation and is shown by the converging lines. The fibo trend projection starts from 876 to 1110 and placed at 935. The projected levels are observed on the chart. The swing indicator marks the support and resistance level as seen in the chart.

satyajbims Dec 13, 2023

SBICARDS : An implusive wave is been marked from low of 495 and completes at the peak of 1138. Since than the corrective wave had been in progression and now the triangle pattern appears to be complete. The triangle is marked with a-b-c-d-e as observed in the chart. The FIBO time is used and the orange vertical lines can be seen on the chart. FIBO trend...

satyajbims Dec 11, 2023

NIFTY PHARMA index shows very interesting FIBO retracement and FIBo projection confluence. The FIB retracement is drawn from 11542 to 16385 shows levels of 15242 - 14535 , while the projection from 11542 to 12688 and placed at 12040 shows projection of 13236 - 14550 - 15994. The FIBo level for both meet near 14550 indicates strong support area. The Eillot...

satyajbims Dec 11, 2023

HDFCBANK: Eillot wave counts are as seen in the chart. The implusive wave starts from 738.75 and completes at 1721.90 . Since than we observing corrective waves of smaller and higher degree. The corrective wave pattern is a flat, where wave a and wave b are complete and the wave c in in progression. The most recent fall from the peak is implusive and so longs...

satyajbims Dec 6, 2023

The chart show support at 1098 with targets projected by the Trend based Fibo Extensions. We have 2 Fibo extensions here. 1. Starts from 471.40 to 1838 and than placed at 943.70 for projections. 2. Starts from 943.70 to 1320 and than placed at 1098 for projections. The Fibo projections are clearly visible on the charts. With support at 1098 the Fibo...

satyajbims Dec 6, 2023

The chart show support between 375 - 352 with targets projected by the Trend based Fibo Extensions. We have 2 Fibo extensions here. 1. Starts from 159.80 to 739.85 and than placed at 352 for projections. 2. Starts from 352 to 443.75 and than placed at 375.05 for projections. The Fibo projections are clearly visible on the charts. With support at 352 the...

satyajbims Nov 26, 2023

Tatva Chintan Pharma Chem Limited / 26th Nov 2023 The downward trend started from 2977 is likely to see it completion at current levels with support at 1399. The 5 wave Eillot waves are marked on the chart and the 5th wave is likely to have reached its target indicated by demand near 1400 levels that resulted in the formation of an important candlestick a...

satyajbims Oct 30, 2023

The MACD showed divergences while the price brokeout from the triangle pattern marked with the green trend lines. The candlestick patterns showed weak patterns at the new highes and the levels remained unsustainable. The price below 50 SMA is a concern and looking for support at 200 SMA near to the 0.618 retracement level of 171. The MACD reading below the...

satyajbims Oct 30, 2023

The MACD histogram turns red on the weekly chart indicating that the strength lies with the bears. The MACD has crossed the signal line tiggering sell signal. The candle stick patterns show indecision, however the red bodies are slowly becoming bigger. The Fibonnaci retracement shows important levels to monitor with most important support at 175 with strong...

satyajbims Oct 12, 2023

We are retracing the fall from 598 to 315. So far the stock has sucessfully attempted to reach the 0.618 retracement level of 490. The rise form the lows near 315 is observed to be implusive with wave 1 been leading diagonal. The corrective waves are in progression with immediate resistance at 456 and support at 420 levels. Directional movement indicator...

satyajbims Oct 10, 2023

The indian rupee is trading a very interesting triangle pattern. It is almost time for the breakout