Doji
Albk made Doji near Trendline..Trend reversal signShort term trend is bullish..after that Doji formed...it means trend reversal.
Its a bearish sign.
AShort
ADANI PORTS - JOURNEY OF THE SINKING PORTGuys today we are going to discuss about Adani port initially I would would discuss how it was in a uptrend, there after I will show that how we could have identified that it will turn into a down Trend.
(Please open this post in a Separate Tab. And using mouse click on the chart and move cursor to the left to see the remaining part of the chart)
Adani port was in a uptrend starting from 2017 initially creating series of higher highs and Higher Lows.
In this chart, the first two are the bas
MLong
SunPharma Flag Breakout + Potention Inv H&SSunPharma has given a strong breakout from a flag pattern with high volume.
However buying was to be done after confirmation, being a day late and seeing a doji on daily charts, I'll wait to see the price action for Monday and take a call, either buy on retracement or if setup looks bullish on lower time frame than buy. Upside could be 700+ however +3 SD can pose as a resistance.
Banknifty – At a crucial level !!Today’s closing of Banknifty NSE:BANKNIFTY has been just below the resistance at around 26150 levels.
Staying above this level might lead to further uptrend.
A break below 26000 may trigger a massive downfall.
However, the rally has been going on for more than a month now and Private banks like Kotak and IndusInd have started showing signs of exhaustion.
Today Banknifty has also formed a Dragonfly doji at the top.
Will look for Shorting opportunities below 26000 levels with a smal
Eicher Motors Investment viewStock has corrected from its highs. Resting at the support level. Has been picked up thrice from here. RSI already oversold and in the past eichermot has not maintained the oversold zone for long time. Todays candle has formed a doji and looks like a possible pullback on cards.
Buy at 26500 for a positional target of 28200 Stoploss shall be maintained at 25500 on day closing basis.
JShort
Crucial turning point of NiftyAs per Fibonacci, Nifty lying on 61.8% important turning point and having Doji pattern.
Which way the Nifty will travel ?
Either Doji will indicate the direction nor Fibo will get retracement ?
Level for Long - If Nifty on long side, it will travel upto 10080.
Level for Short - If Nifty on Short side, it will fall upto 9880.
CONCOR: The Next Ideal Place to Go LongIn my previous post I suggested buying..perhaps the move started a bit earlier than expected but hit the target..see below >>>
When I look at the current chart and ask myself, what could be the ideal place to enter ?
Is it on the next bar break above the Doji candle made in the last hour today or at a lower price ?
Before beginning I would like to make it clear that the following scenario would be active below 1340. However, any move past 1390 without breaking 1340 may take the stock bac























