rajivrathi

rajivrathi

Nifty weekly seems to be coiling in a triangle before a trending move. Upside and downside seem capped. Lets see which direction in picks.

rajivrathi Updated 

Looks like a double bottom on the weekly for Sun Pharma. It can play out over 2-3 months. It should head higher to 450-470 levels. Of course it is counter trend and any sell off to 375-380 zone would negate this view

rajivrathi Updated 

SBIN at crucial support level 335-337. Has bounced previously from here. If it has a closing below 335 should quickly fill the gap from exit poll day at 322.30. Alternatively can bounce from here and consolidate before next move.

rajivrathi Updated 

Further to previous impulse wave in SBIN. This should be an ABC corrective wave before it chooses a direction again.

rajivrathi Updated 

SBIN eliott wave counts points to a good rally in the coming months

rajivrathi Updated 

Former resistance turned support should stem the fall and act as a demand zone for a bounce. Below that approaching long term rising trend line. Only a close below these levels would create a case for visit to 10500-10550 levels

rajivrathi Updated 

Narrowing range in nifty forming a symmetrical triangle on the nifty more likely to break to the downside

rajivrathi

DOJI on the weekly and monthly previous week. A bounce after that. Long seems good for the coming week

rajivrathi Updated 

DOJI on the weekly and monthly. Chances of a reversal