General Trading Chat

actually they prepone that party for a day.
woh party aaj ke liye listed thi, lekin bulls ne kal hi celebrate kar li,

But that preponement was very good for me :lol:
 
SPIC cmp 24.2
People who have been holding the shares of SPIC will see a big relief in the coming days.It has been consolidating for the last 13 years. And its time for it to prove the worth of holding with patience.If I am right It will do the breakout very soon and make new 52 week high and will go past make new 13 year high as the days/weeks go by. and I feel it will not break below 20.5.But still 17.4 is the SL for my count at the moment and once it breaks above 25.15 with an impulsive force then automatically SL will be risen to 20.5.Lets see what happens.

Kridhan Infra cmp 51
People will not like this stock because of the downtrend move since last 1 year. But It is going to reverse anytime from now. It is just around the cornor.

Soril Infra cmp 104.15
I have been watching this stock since yesterday and stock is making impulsive waves in 15 min chart. There will be consolidation or sligh correcction for this impulsive move and it is likely to be corrective waves.from there it will do some spikes in moves I feel it is reversing from its 8 month correction.Lets see

You may please share the views
 
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Contracting ED got invalidated today. I will check my counts again and update the developments once it is clear
at the moment I still feel there is no change in the count. instead of contracting ED, it could be expanding ED.Because its full of overlapping waves and there are no other possibilities for any other pattern that strikes my mind. there may or may not be 100-300 points left in bank nifty.not sure. But i feel it might come down very soon and overlap with 21299.15. once it overlaps this zone then we can look for reversal signal anywhere around 21171-21299 zone.we will definitely witness the indecisiveness of mass, through this pattern.As long as rsi doesnt break above 82 in 4hrs time frame, i will be adamant to stick with this pattern.Whatever it may be we need to see 5 wave move to the downside to say market has reversed from the final sequence.

Similarly Nifty might have around 50-150 points still left in this swing from cmp 9173.75

There could be confusing movements for the next 10 days or so.So we have enough time to get confirmation.

Note:
Yesterday evening I wanted to post the above comment, I pressed the submit button. Looks like i didnt press it properly.The page was still open. So I am posting it now.Above comment is based on yesterdays closing price.

I will revisit my views if anything goes different than this.
 

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