TODAY MARKETS
MCX Crude oil should make a new high for Aug month
Crude oil august month high is 4088. Do you think it will break today?
Uptrend channel touch can push up to 4090 – 4110 levels.
Crucial Hurdle: previous high.
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Report of NIFTY with daily chart and intraday chart.
The spot nifty is following channel of 15 minutes chart.
Reference of timeCycle(i), We have projected timeCycle(ii) for the target (4rth wave) at 11280 expected 20th AUG 2019.
The control price also can gravitate the price toward 11280, if this 3rd wave is clear.
Worry for long traders 10923 below. Suppose to break this level will create heavy short position.
An excess(iii) has been found value high, therefore expected excess(iv) at value low which is still not created. As per this statement, the Fall is still left.
Who will start short selling on Asian Paints?
On the “Asian Paints”, we have seen buyers and spike up but now this stock is trading at “EXCESS”. The excess area is high probability to act buy or sell. In this case, this stock is created an excess at value high which means we can start selling. Another sign and a good thing for selling is TAIL found on the top.
- The price is trading at Value high.
- Created TAIL on the top of the channel area.
- Already seen buyers as FII, Smart Money, Fund-Managers etc. whatever you call them.
Conclusion: We are going to see PROFIT booking on this stock.
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Target of BANKNIFTY using channel.
After the long TIME, we are going to update BANKNIFTY for you FREE.
Target for BANKNIFTY 28309 and support from channel 27736. If we are moving toward the target, BANKNIFTY will not test support.
Update on 16th AUG. 2019 (time 11:00 AM))
Support has been taken by BANKNIFTY with low of 27722 and Our support was given at 27736.
NIFTY channel on 15min chart for buy sign.
We have enjoyed last more than 150 points on NIFTY AUG. CLICK HERE TO check.
Channel support 10996 and “control price” support at 11069.
Target is 11264 as per daily chart of gravitation.
What should be entry point?
Trade 1: BUY aug NIFTY future. 11015 nearby with stopl loss of 10975 below and targets 11140-11167 and 11222-11300.
Trade 2: BUY NIFTY AUG. 11000 below with stop loss 10975 below and target 11100-11165 and 11222
There are also support for banknifty.
Here’s Why MCX Natural gas Good for Today
Intraday traders can follow the control price level (151 – 152).
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PEOPLES LIKES & COMMENTS
j.suresh babuexcellent predictions
- NALINAKSHI
asian paint will continue its upward breakout to the target of 1640 and more before correction. I have my chart, i couldnot copy paste as your systerm is not allowing me to do.
- Manu
I am in profit in nifty future... But still i am not exit... Waiting for second target
- Anurag
I was buy nifty 10999.i exit today 11102...but I am not happy bcoz you not give option call.. Please give option call
- Mohan
Nice call... Your target achieved thank you sir..
- yogesh gulia
same charts are being uploaded by kin***i pr****ti on tr8*****ew, dont you have any objection regarding this?
- Krishna Bansal
Thank you very much great researches. bought nifty future @10964 late and booked at your target 11111. it was amazing. first i had patience to stay in profit for long target. I just added your bank nifty, let me know please can you I pay now for pay subscription? Regards, Krishna Bansal Mumbai
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