Showing posts with label Bullish head and shoulders. Show all posts
Showing posts with label Bullish head and shoulders. Show all posts

Sunday, July 31, 2016

WTIC Crude oil Nifty Update on 31 july 2016


WTIC Crude Oil
As expected WTIC crude oil bang in target support of $40

While Indian Nifty (NSE) & Sensex (BSE) stock markets will touch new highs with minor profit bookings as small correction and consolidation happens.

Sunday, July 24, 2016

Indian Stock Markets & Crude Oil WTIC Ahead

Indian Stock Markets & Crude Oil WTIC Ahead

Indian Stock Exchange Nifty 50
 From the chart u can see the NSE's Nifty 50 is moving towards target of 10,000 by Diwali 2016
Crude Oil WTIC
Whereas Crude oil WTIC is moving towards the support of $40 per barrel mark.

Sunday, June 19, 2016

Rexit and effect on Indian Markets

Rexit, Raghuram Rajan's Exit To Hit Rupee, Equities, Say 99% of Analysts while Nifty Equity chart says NO!.

Here is the evidence if AAP member asks for evidence, show them this on a piece of paper.
Nifty Yearly chart

Monday, March 24, 2014

Nifty long term and short term update

Some for thought , here is Nifty long term and short term update which i forecast some months back.
two outcomes for nifty. click on the individual pics for reading each posts. thanks in advance

bearish possibility
nifty-technical-forecast-on-17 febuary 2014

bullish possiblity, which is bang on target, given on 21- October - 2013
technical-forecast-given-21-october-2013

Sunday, October 20, 2013

Bullish Head and shoulders on Nifty Technical Forecast for 21 - October - 2013

Technical Forecast for 21 - October - 2013 for Nifty and Sensex

On 18-October-2013, Nifty Closed at:6,189.35 (+143.5) due to weekend factor, for 21-Oct-2013 monday, after day of high range of 156 pts, markets will be range bound in 50-75pts trade range.

head and shoulders pattern in nifty index, Nifty 2013 year chart
Bullish head and shoulders pattern in nifty index
Bullish head and shoulders pattern in nifty index, Target calculation are as follows:
6100(High..approximated) - 5300 (low)= 800points (difference)
6100(High..approximated) + 800points(difference) = Target 6900 on nifty

Estimated Time of Arrival of target (ETA):
pattern start = May(5-2013)
Pattern Close/confirmation = October (10-2013)
difference between start and confirmation= 5 months from 21-oct-2013..
ETA = March-April 2014

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