Took a lot of time. Right now it is now or in August.
#HAL https://t.co/4DwnS5iLcW
Low risk short entry point is almost there.#HAL https://t.co/8Ornlx7rFz pic.twitter.com/0jxmH2z6z6
— Aakash Gangwar (@akashgngwr823) June 21, 2022
More from Aakash Gangwar
#KPITTECH https://t.co/qPLH3li2Yy
Charts for reference. During a downtrend, news based buying is an opportunity to make an exit in most of the cases. #KPITTECH #Hikal https://t.co/63WBMFZ6BT pic.twitter.com/OgWzulTXiD
— Aakash Gangwar (@akashgngwr823) April 27, 2022
Do read it completely to understand the stance and the plan.
This thread will present a highly probable scenario of markets for the upcoming months. Will update the scenario too if there is a significant change in view in between.
— Aakash Gangwar (@akashgngwr823) May 15, 2022
1/n https://t.co/jfWOyEgZyd
1. The moving average structure - Many traders just look at the 200 ma test or closing above/below it regardless of its slope. Let's look at all the interactions with 200 ma where price met it for the first time after the trend change but with 200 ma slope against it
One can clearly sense that currently it is one of those scenarios only. I understand that I might get trolled for this, but an unbiased mind suggests that odds are highly against the bulls for making fresh investments.
But markets are good at giving surprises. What should be our stance if price kept on rising? Let's understand that through charts. The concept is still the same. Divergent 200 ma and price move results in 200 ma test atleast once which gives good investment opportunities.
2. Zig-Zag bear market- There are two types of fall in a bear market, the first one is vertical fall which usually ends with ending diagonals (falling wedges) and the second one is zig zag one which usually ends with parabolic down moves.
#CNXIT
Almost there. Be prepared to see 33k again in Nifty IT. Only for swing trades, no investment here. #CNXIT https://t.co/RMAsQweoFY pic.twitter.com/BmKD7g6Q8i
— Aakash Gangwar (@akashgngwr823) May 25, 2022
More from Hal
T1 done. Smooth sailing https://t.co/txbiEouQrg
HAL:
— Vipul Kankaria (@cobbervipul) March 31, 2022
Looking good on charts. Defence push will continue to grow.
Looks undervalued as compared to peers.
Major wave 3 ongoing. Closing above 1570 will give further momentum
CMP: 1485
SL: 1348
TGTS: 1647 / 1790
Add in Parts and Dips pic.twitter.com/ygxXlx55B9