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Meaning of NR7 pattern ! |
Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #151 Posted: Thu Aug 30, 2018 10:43 am Post subject: |
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1) BPCL curPrice 359 on 30Aug18.
Trying to form base around sup of 348 to354 CB.
If sustatain abv sup zone , then posible target may be T1 364 , T2 378 , T3 396 plus.
Also BPCL sept 380CE is around 6. Looks good with proper SL.
2) Tatacomm curPrice 548.
If sup around 536 remains intact CB, then posible Sept18 mnth T1 560 , T2 582 plus.
* For Education Purpose Only * |
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #152 Posted: Thu Aug 30, 2018 1:41 pm Post subject: |
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BPCL T1 364 completed in a jiffy !
Quote: | ..BPCL curPrice 359 on 30Aug18
...posible target may be T1 364 , T2 378 , T3 396 plus.
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #153 Posted: Fri Aug 31, 2018 7:05 am Post subject: |
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Tatacomm T1 560 completed !
Quote: | ... Tatacomm curPrice 548. ..... posible Sept18 mnth T1 560 , T2 582 plus. |
Also today BPCL become ex-dividend , so posiblity of a dip towards 355 !
... But upward journey may continue in coming days, if no adverse devlopments on crude front ! |
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manojkr78 Green Belt
Joined: 07 Mar 2011 Posts: 1014
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Post: #154 Posted: Fri Aug 31, 2018 8:37 am Post subject: |
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Pats,
do you trade nifty and banknifty everyday???? |
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #155 Posted: Fri Aug 31, 2018 11:15 am Post subject: |
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BPCL 380CE zoomed to 8 plus from 6. Lotsize 1800
And 370CE from 8 to 12 plus.
BPCL has a little resistance around 357, if unable sustain abv this lvl may push dn it to 360 or below , ... which may be again a buying opportunity .
* For Education Purpose only *
@manojkr78 bro,
Yes , but mostly in uptrend only , I avoid shorting Nfty and BN.
After my last message of Gann T4 completed , I have not traded !
Quote: | ... Aug 2018 10:33
Nfty todays high till now 11620. Open , high same. Gann lvl T4 11601 completed. ...
Now anything posible , either one more high towards 11633 or a dip towards 11555 to 11522 , depending on profit booking ! ...
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #156 Posted: Mon Sep 03, 2018 11:25 am Post subject: |
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Centurytex curPr 968.
Sup around 948 . Posible T1 985, T2 994 , T3 1002 plus ... in coming days , if broader markets remainsstable.
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #157 Posted: Mon Sep 03, 2018 10:22 pm Post subject: |
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CenturyTex T1 985 completed. Todays high 992 , 2 pts short of T2 of 994.
More to go !
*** BN chart attached ***
In whoe August month BankNfty is moving in just 250 pts abv and below of pivot line 28000.
Depending on breakout or breakdown of this range , would decide its movements in upward range of 28000 to 29000 ...
.... or dnward range of 27000 to 28000 range in coming weeks.
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #158 Posted: Tue Sep 04, 2018 8:21 am Post subject: |
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Maruti last cl 8902
Lower side of + WW may complete near 8700 plus / minus and sup around 8555 if intact, may push it up towards 9333 plus in coming days.
... By the way, Tatacomm sup aroud 536 is breached and last cl is 531, be careful , if long !
Nfty last 11582 and a low around 11570 on 03Sept18
Quote: | ...Posted: 23 Aug 2018 10:33
... ~snip~ ... or .. a dip towards 11555 to 11522 posible , depending on profit booking ! ... ...
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #159 Posted: Tue Sep 04, 2018 9:49 am Post subject: |
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AsianPaint curPr 1345.
Sup around 1320 to 1340 region , with posible targets :
T1 1359, T2 1378, 1386
positional in coming days, if broader market does not panic too much. ..
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #160 Posted: Wed Sep 05, 2018 11:07 pm Post subject: |
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Nfty last cl 11476 on 05Sept18.
. Posible Adjusted Fibo Lvls for next 8 working days :
11678
11622
11540
11495
* 11433 * Pivot
11392
11363
11278
11258 * For Education Purpose Only * |
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #161 Posted: Thu Sep 06, 2018 3:09 pm Post subject: |
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Maruti todays low till now is 8750 approx. Slowly coming near buying range hopefully !
Quote: | ...04 Sep 2018 08:21
... Maruti last cl 8902
Lower side of + WW may complete near 8700 plus / minus and sup around 8555 ... |
... By the way, Nfty upward Fibo lvls 11495 and 11540 completed today.
Booked longs , fresh trades tomorrow due to market uncertainty ! |
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #162 Posted: Sun Sep 09, 2018 9:43 am Post subject: |
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Nfty last cl 11589 on 07Sept18
Some resi at 11618 , 11643. Strong resi at 11666.
**1) Consistent close abv 11703 ( which is approx 38 % retrace from 11342 in August18 ) , may take it near abt 61 % around 11922 , *IF* trade war , oil boil and INR slide eases.
2) But atleast as of now this sharp rise looks difficult , due to developing - WW,s last upper point is over-shooted abv the trend-line , in which case a slide towards 11433 to 11378 posible again, in coming days , if condition **1 abv , does not happens !
... * For Education Purpose Only * |
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #163 Posted: Mon Sep 10, 2018 1:09 pm Post subject: |
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Nfty curPrice 11457 . Pivot point still intact !
Quote: | ..Wed Sep 05, 2018 11:07 pm
... * 11433 * Pivot .*
...due to developing - WW,s last upper point is over-shooted abv the trend-line , in which case a slide towards 11433 to 11378 posible again, in coming days ...
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BN todays low till now 27142
Quote: | posted on 03Sept18...
.... or BN dnward range of 27000 to 28000 range in coming weeks. ...
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Maruti todays low till now 8635.. Hope it may reverse up in coming days.
Quote: |
.Tue Sep 04, 2018 8:21 am
Maruti last cl 8902
Lower side of + WW may complete near 8700 plus / minus and sup around 8555 .
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #164 Posted: Tue Sep 11, 2018 7:24 am Post subject: |
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Nfty and BN exactly at sup lvls.
Nfty last cl 11438
... Sup at 11433 , psychological sup 11394. Temp Upside if sup held.
BN last cl 27201.
Sup at 27133, psychological sup 27000. Temp bounce , if sup held.
... Both indices at make or break lvls. Mean while India Vix crossed-up inflexion mark 15 , bad for bulls - if not cool-off ! |
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Pats White Belt
Joined: 08 Sep 2013 Posts: 407
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Post: #165 Posted: Tue Sep 11, 2018 12:12 pm Post subject: |
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GodrejInd curPrice 583.
If this down move completes around here, then posible upward targets may be T1 608 , T2 614 T3 618 plus towards 633 . .
.. Sup around 672.
If RR's induction as next Guv of top bank or next FM considered positively, Then it may be a big boost for India and the markets !
* For Education Purpose only * |
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