Bullish Pattern Seen in two Telcom Stocks

• Bharti Airtel and RCOM has broken out of inverse H & S pattern
• Both stocks are strong under performers from past 6 months
• Now looking attractive at current levels to dips
• Stocks trading above short term averages indicating inherent strength

                                                             Bharti Airtel - Daily Chart

                                                                    RCOM - Daily Chart

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts 

  

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Raju Angadi Vishwanath, B.E., MS, CMT

Technical Analyst

rvangadi@googlemail.com
+91 78291 55900

 

US Federal Reserve Meet Mania ..... Dow Jones - What is in Store Chartistically ? (Update from Dec 1th 2015)

Dow Jones once broke 16900 entered a free fall zone tests our 2nd tgt 15370 yesterdays low and recoups losses.

Whats next for Dow Jones key trend decider for global markets ?

The key is to not just applying Elliot waves along with that basic and advanced indicators to time the entry to is vital to simplify trades ....

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts 

   For Workshops on Technical Analysis & Financial Markets Contact Us 

 

Raju Angadi Vishwanath, B.E., MS, CMT

Technical Analyst

rvangadi@googlemail.com
+91 78291 55900

Weekly Chart

• Dow Jones has been persistent out performer in 2015 holding up its gain
• US Markets grand daddy of all financial markets showing sings of fatigue from last couple of trading sessions 
• Charts suggesting a double top kind of a pattern formation
• Counts suggesting probable flat correction the major index can enter into
• Global Equity markets look vulnerable

17050 - 16900 in Dow Jones becomes vital

 

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts 

  

 For Workshops on Technical Analysis & Financial Markets Contact Us 

 

 

Raju Angadi Vishwanath, B.E., MS, CMT

Technical Analyst

rvangadi@googlemail.com
+91 78291 55900

 

NIFTY - Are we entering matured stages of correction - Wave Counts ?

• The Indian Major Indices in a Complex Wave (4) correction in the form of W-X-Y-X-Z
• NIFTY has been correcting from last 8 months (April 2015) a first lower top formed
• Are we in the mature final stages of correction?
• Lowest Volume today in NIFTY in 2015
• Fading volumes near lower levels indicating lack of momentum towards prevailing trend

Timing becomes crucial for trading or investing

"Knowledge will bring you the opportunity to make a difference"

 - Elaire Fragin

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us

Raju V Angadi Vishwanath, B.E., MS, CMT

Technical Analyst

rvangadi@googlemail.com
+91 78291 55900

Reliance Industries - Long term Pattern forming

Reliance Industries have been a distinct under performer in past 7 years

A Million Dollar Question is - One of the NIFTY heavy weights under performance to continue or Are we near change in trend for "Long Term"?

The counter is forming an Ascending Triangle pattern ....

Timing Entry and Exits is vital in trading or investing ....

"The Direction in which education starts A Man will determine his future in life"

- PLATO

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us

Raju V Angadi Vishwanath, B.E., MS, CMT

Technical Analyst

rvangadi@googlemail.com
+91 78291 55900

CNX Media - What is in store?

                         
                                                             CNX Media Daily Chart

 After persistent higher top and higher bottom formation from August 2013 CNX Media is forming a lower top

• The chart pattern suggesting Irregular Flat correction seems to be under way in the form of Wave C 
• Indicators showing bearish swift

Stocks to Watch Out:

Zee Entertainment

"Education is the manifestation of perfection already in Man"

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us

Raju V Angadi Vishwanath, B.E., MS, CMT

Technical Analyst

rvangadi@googlemail.com
+91 78291 55900

Engineering Stocks Buzzing in trade from few weeks

                                                                  CEBBCO Weekly Chart

                                                                  Shanti Gear Weekly Chart

Many Engineering stocks buzzing in trade from couple of weeks
Its a Small Cap & Midcap Mania
CEBCCO forming rounding bottom pattern with today close on higher volumes indicating more to come CMP (26.30)
Shanti Grear forming Inverse H & S pattern (CMP = 110)

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us

Raju V Angadi Vishwanath, B.E., MS, CMT

Technical Analyst

rvangadi@googlemail.com
+91 78291 55900