vivekdhadha

vivekdhadha

We have broken out of a falling TL, prices above the 20dma and 50dma. While everyone is expecting the $ to decline, it seems to have other plans. Till 100.60 is not broken decisively, $ may be heading a lot higher. Initial target 106-110

vivekdhadha

Last 15 years of Nifty monthly chart shows that everytime the monthly MACD has gone into sell, the market has to the 50MMA atleast. Currently that value is placed at 14k. Are we gonna be different this time. For now it's been 💯 of the time. Also note the RSI and MACD divergence with respect to the price. Will be intresting to watch Currently 50MMA is placed around...

vivekdhadha

As Bank Nifty comes close to a new lifetime high, there may be a few % to make but the risk on the downside is high unless momentum picks up. We are at a 10 year trendline. Very intresting to watch here

vivekdhadha

Bank of America seems of have broken a bearish wedge pattern of 10 years. If this holds, this could be the start of the mother of all crashes....

vivekdhadha

Historically, for the last 10 years, whenever there has been a non confirmation between India VIX and Nifty at new highs or lows, it has been a indication of a change in market direction. So unless the ViX falls to a new low, the last high has not been confirmed. For reference the VIX chart is inverted

vivekdhadha

While Reliance can go higher in the short run, in the longer run, the structure is extremely week. Watch the 20MMA. The last time Reliance closed below is with MACD in sell... Well the chart shows what happened

vivekdhadha

We can have a meaningful spike which means a increased volatility in the Indian Markets. A break above the trendline could surprise many bulls out there. Wait and watch for now

vivekdhadha

Each time month MACD triggers down, markets correct down to the 50MMA. Current value of 50MMA at 14000. Will it be different this time??

vivekdhadha

Could give a quick move the neckline. Expecting Silver to make a higher high

vivekdhadha

Silver seems to be taking off in Wave iii of 3. Rounding bottom and a suggest parabolic move. Momentum is the key here

vivekdhadha

Dollar could be forming an expanded wegde pattern. Break below the lower line could mean blast off for all other asset classes

vivekdhadha

Forming a flag on the charts. SL below lower trendline. Can Target 100k plus is quick time if it break over the upper trendline