deblog

Nifty making  Bearish Head and Shoulder pattern Today brks below 6070 now to see if sustain below 6070 next target can be 5770 to confirm H&S pattern Gold future making Bullish head and shoulder If crosses above 30753 can test 32100 33200 levels  market is subject to risk Only time will tell

YesBank  Looking Voluminous trades in this script in Nse. Yes Bank support now at 273 265 254 range.  Target can be 395 403 422 range if only breaks above 315 price range to confirm Head N Shoulder pattern. Market is subject to risk and sentiments Time will tell

nifty Nifty had made low at 5118 and created a picture perfect head and shoulder denoted by SHS in black. However there is another bigger Head and Shoulder highlighted by red line is in the offing. The next support for this HS pattern is 5490 as per fibbonaci 61.8  range of the total 975 points sell off from 6093 till 5118. If market corrects down to 5490 and take anchor there, we can see the HS to form. Target can be around 5900 - 6000 range. However market is not so picture perfect and full of surprises.  This is a technical hunch . Market is subject to risk and sentiments. Only time will tell.

On May 11 2013 prediction made for SBI to touch 1661 Today on 1st Aug 2013 it made a low of 1665 Thanking you   note market is subject to risk and sentiments

Nifty daily Chart till today ICICI Bank daily chart till today

On may 14th , I blogged on DowJones  daily chart Bias was of downside Look at today's chart dated  25 June 2013 DJIA aka US30 Dow Jones plunged almost 900pts from 15500 to 14600. Longer timespan chart shows more awry pictures But for that we have to be have patience ! Only Time will tell note: Market is subject to risk and sentiments

On 17th may nifty made low of 5935 As predicted it was always a sell on rise look at the chart now nifty closed at 5788 Now if nifty anchors around 5700-5750 range then we can see another move towards 6000 else more downside cannot be ruled out . lets see only time will tell note : market is subject to risk and sentiments