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Gold: Trading inside the Box pattern

Gold staged a stellar rally of 8,000 points from 31500 to 39500 this year from lows. After the rally it has been consolidating in the range of 36800 – 39500 from past 4 months after making a top. The charts hint we are in a rectangular pattern as shown in the chart...
NIFTY trading at crucial juncture: A Path ahead

NIFTY trading at crucial juncture: A Path ahead

NIFTY Technical View: NIFTY trading at a crucial juncture started correcting last week. The formation of bearish engulfing pattern on weekly charts after hitting all-time highs hints at least halt of uptrend as of now. The larger super cycle degree wave counts suggest...

Bajaj Auto: Is it at make or break levels?

Bajaj Auto perfectly following channeling technique is at make or break levels. The stock near the top of the channel has formed a bearish Head & Shoulder pattern. It has followed up with a breakdown of bearish belthold candlestick pattern. The top two-wheeler...
NIFTY : Elliot Wave Counts Unleashed

NIFTY : Elliot Wave Counts Unleashed

NIFTY has completed a complex correction come let’s unleash the Elliot wave counts and the probable trade setup. The likely probable counts of NIFTY seems to have completed complex correction W-(x)-Y-(x)-Z with a principal of equality. The key clusters to watch...