Thank you for unique technical skills using stage analysis and EW theories. Also thank you for disclosing many of your picks follow strong fundamental view as well.
There is a stock, cineline India which reentered to movie hall/multiplex business. Would you please look at it and give your views. For me it looks like it reached a support level after much correction.
I am invested in it around 20% higher levels
Cineline India is currently trading below 40 Months moving average.If it closes belw the same on month-end, there can be more correction or it might go in time correction i.e. price may move in a narrow range. Monthly Chart
Disclaimer : Invested and biased.This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
Difficult to say whether it is finally out of the woods.
645 ,690-700 , 740 are next watchout levels.
Step-wise Position sizing after closing above these hurdles can be the ideal approach.
Breaking 570 would be the warning sign. Weekly Chart
Disclaimer : This post is just an effort for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
Disclaimer :This post is just for learning few methods of price-patterns. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors.
Disclaimer : Invested and biased.This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
Disclaimer : Invested and biased.This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
Disclaimer : Invested and biased.This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors