Equities swing trader π― | Macro analysis meets technical setups | No fluff, just alpha | All views are personal and for educational purposes, not a reco...
#Gold is bullish compared to #SPX500. Similarly Nifty500/SPX500 is bullish.
I don't see much upside in SPX500. Already gave max target of 7900-8000 range on SPX
Also, gold/Nifty500 is bullish.
Gold to outperform both SPX and Nifty for quite some time.
#Commodities#Gold#XAU
#LMW
Rs 16900 is last resistance, above which targets are marked using Fibonacci analysis. Both price and rsi breakout has happened.
#Swingtrading#Nifty
#Nifty 500 to SPX 500 ratio looks like forming a bottom on daily.
Trendline which has been acting as resistance may break soon.
Nifty should outperform SPX in this case.
#SPX500#CNX500
Engineers India Limited(EIL) very bullish. Breakout of triangle pattern consolidation, now into darvas box.
Targets 395, 610 rs. Mid term
#Darvasbox#swingtrading#nifty#EIL
Engineers India Limited(EIL) very bullish. Breakout of triangle pattern consolidation, now into darvas box.
Targets 395, 610 rs. Mid term
#Darvasbox#swingtrading#nifty#EIL
@tr0685 Yes. It is suffering from declining volume.
However, stocks that correct least with declining volumes are good stocks.
It might retest that channel before moving up. Still looks very good to me
Seshaasai technologies ltd. Rounding bottom pattern forming. Immediate targets are 326 and 391. IT sector overall also looking good for short term swing trade.
#Nifty#NiftyIT#Seshaasaitechnology
Saksoft is bullish and following Fibonacci levels perfectly.
Trend based Fibonacci pattern indicates targets in 500+ and 800 rs range. Take your bets!!
#Saksoft#CNXIT#ITIndex#Nifty#SwingTrading
Finally someone with senses active.
All such hyped & overvalued ipos end in exact same way. Wait for despair stage. Don't get trapped.
#SpaceX#SpaceXipo
Good days for #CAMS??
Infact the Capital Market overall is looking pretty good for an upmove.
Another good one is Canara Robeco asset management Company. Many more similar setups
#CapitalMarket#MOCapital#CAMS#AngelOne#CanaraRobeco
#JSWEnergy double bottom breakout on weekly. Successful retest with hammer and a green candle on weekly. This Weekly candle must close above Rs 550 for hammer candle to be valid.
Targets close to Rs 680 (now Rs 555).
#JSW#Nifty#Swingtrading
That's the broad range where #Silver can bottom. It can wick to the lowest point of channel (worst case, below that anyways the structure will be totally broken and parabolic move completely exhausted). We buy in that demand zone and pray!!
#Silver#XAG#XAGUSD#Commodities
That's the broad range where #Silver can bottom. It can wick to the lowest point of channel (worst case, below that anyways the structure will be totally broken and parabolic move completely exhausted). We buy in that demand zone and pray!!
#Silver#XAG#XAGUSD#Commodities
IT was supposed to lead and it is leading. Bottom formed with confirmed hammer candlestick on Weekly TF.
In most probability we have our mid -long term bottom in #CNXIT.
#ITIndex#Nifty#Wipro#TCS#Infosys#HCLTech
IT was supposed to lead and it is leading. Bottom formed with confirmed hammer candlestick on Weekly TF.
In most probability we have our mid -long term bottom in #CNXIT.
#ITIndex#Nifty#Wipro#TCS#Infosys#HCLTech