Is this bullish or bearish?
My take is bearish. Looking for a fall towards the marked zone.
#Crude https://t.co/NFRjJSMN2P
Is this bullish or bearish? My take is bearish \U0001f61c#BSE pic.twitter.com/2xY3Ag7cNJ
— Aakash Gangwar (@akashgngwr823) February 18, 2022
More from Aakash Gangwar
#bearrun
#BearMarket
Head & Shoulders pattern, double top and bearish RSI divergences fail more often in bull market and generally gives a very good SAR trade. Vice versa is also true for bear market.#bullrun #BullMarket
— Aakash Gangwar (@akashgngwr823) February 9, 2021
1. Long term channel top.
2. Curvature shift of 20 and 50 WMA along with price hitting 20 WMA frequently.
3. Overall weakness in IT sector.
4. For reference, study reliance top in August 2020, study Nasdaq Weekly chart and the top made in Nov 2021.
#tataelxi https://t.co/RmJa5LrdAP
I have traded the current fav Tata Elxi from 2200 to 4500. No regret on missing out rest of the move because I am not an investor. Now there are many technical red flags. I might be trolled but 10.5k looks max target while 5k or 3-4 years of sideways looks inevitable.#tataelxi
— Aakash Gangwar (@akashgngwr823) March 26, 2022
#CNXIT https://t.co/bJeKTMoCji
The current formation might look like a falling wedge, but the way moving averages are placed, it looks like a falling wedge which can lead to a parabolic downmove for the marked target. #CNXIT pic.twitter.com/GmXOI3HmUN
— Aakash Gangwar (@akashgngwr823) May 10, 2022