Kunal Bothra's Threads | Buzz Chronicles

COLOSSAL BREAKOUT nearing in: MARUTI

a MEGA inverse head and shoulder pattern.
Seems set for a breakout of ALL TIME HIGHS....

#MARUTI #MarutiSuzuki
#technicals #PRICES
#BULLISH

Kunal Bothra
@kbbothra

And here it is:

The 3 most important rules which I follow in spotting a major trend reversal laid out in this stock, 'as it is'.
1. Trend reversal
2. Price patterns
3. Indicator confirmation

Perfect TA chart.
All boxes ticked !!

Do comment, like and share !!!

#DRREDDY https://t.co/4JGg71GenE

Today at 2 pm:
I will bring to you one of the SUPER FINEST TECHNICAL CHART setup on a largecap name.

Agar yeh nahi chal paya toh kuch nahi chal paayega\u2026

Retweeet tsunami has to come for this one\u2026 #stock #breakout #technical
— Kunal Bothra (@kbbothra) July 5, 2022

Kunal Bothra
@kbbothra

A NEW BULL MARKET:

originates when Dr #Copper bottoms out.

Equities and Copper have tended to correlate positively over the past 4 decades.

Remember: “Dr. Copper” is often seen as a proxy for the health of global industry and manufacturing

Good News: Daily charts are oversold

Kunal Bothra
@kbbothra

Crude Oil: Indicators have started to show the first sign of reversal. Now it could just be a matter of time.

#Brent #Crude #CrudeOil #reversal #correction

Kunal Bothra
@kbbothra

RARE SIGHT for Technical Analysts:
A breakout above the Rising Wedge pattern(rather than a breakdown).

Now we could be in a TOO FAST and FURIOUS zone.

#RupeeVsDollar #Rupee #RupeeAtRecordLow #rupeefall #inr

Kunal Bothra
@kbbothra

Hence Proved:
Bulls love Valley's (V shaped)
#Bulls hate Mountains.
😉😉😁

Kunal Bothra
@kbbothra

Crude Oil prices likely to taper below $100…

Interesting Derivatives Data…

#MarketsWithETNOW | Is the #crude concern overblown? What do the charts indicate? What will be the trend going forward? Watch to find out as @kbbothra analyses #Brent #Crude #Oil #StockMarket pic.twitter.com/4SBSfpiKmd
— ET NOW (@ETNOWlive) June 1, 2022

Kunal Bothra
@kbbothra

RELIANCE : MEGA BREAKOUT ; On course for 3000....
Patterns on indicators are typically more powerful than on prices.
A rhythmic price action indicates a classic 'channel' formation 3 years back as well.

#reliance #RIL #technical

Kunal Bothra
@kbbothra

4th consecutive month of Negative returns on Nifty has Always been Major Bottom for Nifty.

We already had 3 mnt -ve so far

(Mar 20: 3rd consecutive -ve mnth)
Feb-19: 3rd
Dec-16: 4th
Feb-16: 4th
Aug-13: 3rd
Nov-08:3rd
Nov-01:4th

Just see the bounce from there !
Wats your view?

Kunal Bothra
@kbbothra

For all TA lovers..
A basic and compressed learning on Fibonacci Ratios

It's called the #Fibonacci sequence, but its origin was in India around 200 BC! Here's how you can use it in the equity market@kbbothra #BNSNPathshala #StockMarket #Nifty50 #StocksToWatch pic.twitter.com/OuGbU4DgrC
— ET NOW (@ETNOWlive) June 3, 2022

Kunal Bothra
@kbbothra

This is one H&S we all want to see breaking down and hitting its target !!!
A super small (weak) right shoulder and then a retest of the neckline are the two most important ingredients of this chart....
Extremely CLASSIC chart pattern in the making.

#brentcrude #CrudeOil

Kunal Bothra
@kbbothra

M&M: TREND positive
However, hourly charts are indicating a sluggish bearish divergence.
Looking at the previous two instances, it indicates a RANGE bound price movement for the next 1-2 weeks atleast.

#Mahindra #Auto #Technical #chart #StockMarketindia

Authors Kunal Bothra