Nifty fractal

Hi friends,
                   Another example that fractals appear on all time frames.
Todays intraday move resembles the daily move of nifty from 5100+
surprised

have a look yourself.See how similar are both moves these fractals keep appearing we only need
an eye to look for them ofcourse they tell a lot for the future move too it gives hints.

Regards
Rish

India bull realestate technical chart

Hi friends,
                   Revisiting IBR chart ,From october onwards the waves are quite clear.
We had a impulse followed by a abc correction and then a rising wedge or ending diagonal.
Of late this stock have been range bound in 80-50 .

In very short term as long as 66 is protected this stock has potential to hit back 80.
If 66 is breached the structure suggests distortion.
Overall after few weeks can try to project long term view for this stock
presently at a important juncture so i am keen to update this again and again.

Regards
Rish

TCS technical chart

Hi friends,
                   Today would discuss TCS chart a IT heavy weight which is in secular bull
mode since 2009 .
I wanted to show how parallel channel works brilliantly at times,You can see how channel
top regularly successfully resisted 3 times ,This is most simple but usually most reliable
support and resistance tool.

 Technically looking at chart it brokeout from a small triangle now as long as it holds 200-1980
a new high to 2300 is possible even more can look at structure once it reaches there.

Regards
Rish

Yes bank technical chart

Hi friends,
                    Looking at yesbank hourly chart it shows a overlaped abcde
structure which suggests a final rise towards 385-390 before abcde finishes.
Traders who wants to trade this should keep stoploss at 369.

 Trade wisely.

Rish