Nifty Quarterly Charts with extreme indications indicating a possible long term downtrend. Not so looking good for investors.
Lupin - Responsive Coppock turns Positive it is a long term long may be 1000+ coming this time
Time to test waters in AMZN short positionally towards 10-15% correction.
Momentum Exhausion in Century Textiles. High Probability short covering in place. Setup valid for t+2 days
On the 4 hourly charts, responsive Coppock indicator turned positive indicating a possible short-term uptrend towards 1240 levels. Short term supports coming around the psychological support zone 1200 levels. More detailed analysis here
Possible High probability Trend reversal towards 2830 levels.
Its time to look into the potential downtrend with todays high 27025.45 (spot) as stop towards 25800. Anything above 27025 invalidates this pattern. Estimated Timeframe : 10-12 trading sessions or even less than that.
AMZN stayed 567 days above 200MA. That is a huge time any stock could spend historically above 200MA. Possibly a better place to look for mean reversion as momentum in Amazon is slowing down. Key Expectation : Mean Reversion towards 200MA Similar Examples quotes here www.marketcalls.in
USDJPY likely to move towards 118 from here in medium term. Momentum is gearing up.
Poor selling witnessed in Bank Nifty and has a higher odds of Rallying in a very near term towards 26700. Trade Setup valid till monday.
Short Nasdaq Futures for 1% correction valid only for today. i.e a test towards 7153 levels
STAR is late mover from the pharma pack. Losing its momentum. Could do a potential trend reversal towards 354 levels
Climax Gap up seen in NFLX. Possibly one of the likely zone where we can looks for trend exhausion. Potential place to look out for short term trend reversal towards 360 levels.
One of my recent training session in Ludhiana - members asked what is the fair value of HEG my reply was 200.
There is a small bullish island gap setup needs to be get cleared off. 3-4% correction in Smallcap can be expected in a very short term
Possible Short term Long Liquidation in 2-3 trading sessions towards 602 levels as there is a possible momentum exhausion in a very short term.
One of the reasons we use market profile is to understand the market conditions and how the other players are positioned and what kind of trade opportunity the market conditions provide and where most of the other people are likely to keep their stops. At times the inferred data points from market profile reveal very high probability trade setups with a very good...