General Trading Chat

any comment on UJJIVAN.its up 9%
Ujjivan bank has to be listed by 2020..
within 3 years of starting the banking operation..
Committee formed to consider methodology..
IPO is less preferred..
Issuing bonus shares to Ujjivan shareholders on the agenda..
Hence the rise..
Good for medium to long term - my personal view..
Same for Equitas too..
 
Update on 15 nov 2018
View attachment 30643
Yesterday's black wave 3 is adjusted to accommodate green subwaves and looks like black wave 4 became a triangle. banknifty might fall below 25389 which is more than 600 points from cmp zone. and there is no reversal signal yet. when it does we would have more points that 600. According to me we have not yet completed big wave 5 on the downside so that might take the fall of more than 1000 points. but at the moment 600 points fall is first priority and based on the developments of waves we can see if we can catch the remaining fall if fall is in place. Currently fall confirmation point is black wave 4 and black channel line break.But if it moves to 26268 then it could have been ED. at the moment I am not sure of it.stay safe
Update @ 1.10 pm-15 nov 2018
Black wave 5 is getting extended and its subwaves are shown in cyan color. Thanks to the extending wave 5. the fall after extending wave 5 will be of the same behavior of this extending wave 5.Now we can rise our target 600 points fall to 750 points of fall based on cmp zone. once it completes the cyan wave 5 we will know exactly how many points it might fall with respect to 25389.

1542268703625.png

Update @ 2.33pm on 15 nov 2018
Cyan wave 5 is also likely be extending since its respective wave 3 didnt move to 1.618% of Fibonacci zone . so we can expect approximately 0.618% of length of wave 1-3 (cyan) for cyan wave 5 to end ie 26279.9 which is closer to 26268 zone which i mentioned earlier
In the below chart I have also moved the confirmation level for downtrend.
1542272805239.png


Update @ 3.29pm on 15 Nov 2018. The cyan wave 5 so far has made abc up and abc down. behavior of diagonal pattern.So we can anticipate diagonal pattern for cyan wave 5. Tomorrow is going to be atleast 300-400 points fall from tomorrow's high around 26268-26279 zone
1542276005611.png

16 Nov 2018@ 10.13am
Looks like wave 4 was a flat and now wave 5 looks like complete with wave extensions and impulsive down is seen in 1 min chart. So I believe waves are completed and downmove has started and we will get the confirmation once it breaks below the confirmation point. Count might call for adjustment only if it crosses above wave 5 end ie 26329 zone
1542343505327.png
 
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Steep fall in TaMo in the last 30 minutes... futures gone in discount.. It opened gap up with open=low and went up quite a bit. Lost more than half the gains in the last 30 min.
 
Hi is there any possibility to install mobile trading app in PC? If so could you please guide me thanks
 

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