On the hourly time frame Tata Motors has made a Bullish Crab pattern with a target of 262.4 to 264.85! This is the area where 55 daily moving average also coincides. Oscillator has also given a bullish signal.  Now it’s … Continue reading
 
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Nifty has formed a Bearish Butterfly pattern and could go as low as 5350-5330 which is a confluence region of 200 (4H) moving avg & imp Fibonacci Retracement! This possibility will only increase with no show from RBI in their monetary policy … Continue reading
 
On hourly (H1) charts, bearish Wolf Wave pattern has emerged on Bharti Airtel. The target could be 249-245.5 which is the confluence region for the Fibonacci Expansion of 3-4-5 move and Fibonacci Retracement of the recent swing high/low. Now it’s … Continue reading
 
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