BhavirThakkar

BhavirThakkar Jul 3, 2016

running on its own with currency

BhavirThakkar Jul 3, 2016

Another clean downtrend.

BhavirThakkar Jul 3, 2016

Still weak with possibility of breakout failure and buying support below 100 - back to channel highs.

BhavirThakkar Jul 3, 2016

Description on the chart .. one of the cleanest trends in 2016. Check out daily for more clues.

BhavirThakkar Jul 3, 2016

Price action encouraging for an up move. Dollar - one of the strongest currency against any pair at the moment (except JPY) .. or shall I say the least weak of all weakening currencies? As for the price action, there is room up to the previous resistance @ 100

BhavirThakkar Jul 3, 2016

Consolidation continues in crude above 200SMA However be mindful of descending triangle too (formed in June)

BhavirThakkar Jul 3, 2016

Monitor BOF or BPB setup

BhavirThakkar Jul 3, 2016

Monitor at resistance zone, will it break this time?

BhavirThakkar Updated  Jun 12, 2016

Buyers @ 150?

BhavirThakkar Updated  Jun 12, 2016

5 waves down followed by 1 or A wave ... look for its correction to ride 2 or B up again

BhavirThakkar May 16, 2016

Breakout pull back Long - stop recent swing low

BhavirThakkar May 11, 2016

Description on chart. Awaiting retracement of last 4 months of upmove

BhavirThakkar Updated  Dec 31, 2015

Wave (3) targets described in chart as per fibonacci ratios of wave (3) internals .. Look for a healthy rally in wave (4)

BhavirThakkar Nov 11, 2015

Out of consolidation and ready for next move up

BhavirThakkar Nov 3, 2015

ABC on weekly?

BhavirThakkar Nov 3, 2015

If this count plays out then A=C would target previous resistance area @ 1150 which should act as support. Of course short term oversold conditions can lead to a bounce.

BhavirThakkar Apr 26, 2015

Price structure is clearly week and making new lows. This pattern should NOT be viewed as a down side target for Nifty .. but if price reaches point D, then it would be good risk reward setup for Longs. Price point D is also particularly attractive as it marks post election result June 2014 high and a cluster of prior resistances in that zone. For short term...

BhavirThakkar Apr 25, 2015

Sub waves of wave 5 of wave C .. ending with strong Bullish Engulfing on back of poor results! Do NOT neglect price action here! Risk:Reward doesn't get better than this, does it? :)