Aurbindo Pharma - Rising Wedge Pattern (Bang on !!! Banged) Update ....

Aurbindo Pharma Bang on Banged !!! 

                                                               Weekly Chart

After completion of Ending Diagonal pattern stock falls swiftly losing 25+% in mere 1.5 months from 825 odd levels now below 600 levels ...

 This is one of the classical examples of serious implications of a spontaneous moves after the completion of ending diagonal ... 

Crude Oil is forming one of such pattern recently .... So What is in store for Crude Oil next .....

 

But timing is vital to short trades particularly ...

To Know more above next big move in Equity, Commodity & Currency Markets where the next swing move lies & 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

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+91 78291 55900

                                                                  Daily Chart

Auro Pharma has been a stellar out performer from past 2 years

The stock has given its investors dream Bull run from 80 odd levels to 900 odd levels

As there is a Quote "For Every thing there is an end in the this world"

The Question is  are we nearing the End ??

Trading Patterns is suggesting we may be nearing the end or else at least a correction in the stock may trigger

The counter is in the process of forming a ending diagonal and Evening star pattern on charts

Yet to confirm below 13-WMA and lower supports 818 - 790 could trigger a swift sell off ...

But timing is vital to short particularly ...

"The Whole purpose of Education is to turn mirrors into Windows" ....

- Sydney J. Haris

To Know more above next big move in Equity, Commodity & Currency Markets where the next swing move lies & 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

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 

  

 For Workshops on Technical Analysis & Financial Markets Contact Us 

 

 

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