Global Indices: Charts and Analysis

[prabhanshuraman]

Hi Guys,

I am starting this new thread for my analysis on global indices. Hoping it might be helpful for all.
I will post my charts and analysis as and when i find good trade opportunity.

Good Luc to me !!

 

[prabhanshuraman]

FTSE 100: Bearish Gartley Pattern formation

Hi,
I was going thru FTSE100 chart and found probable good entry. Lets c how they turn out.

In 5 mins chart, prices might complete 5 waves at 6150 (aprx) from 6050.
One can initiate below trade:
Short between 6145-50, Stop at 6158, tgts 6100-6088.

Below chart for your reference for above trade.

Now coming to day chart.
Bearish Gartley pattern in making. Point C might have completed at 6050 and currently last leg of this pattern is unfolding from 6050 for 6400.
Use retrace for the rise from 6050 to new high (as mentioned in above chart) to enter in longs.

Probable trade:
Create longs between 6100-6088,
Stop 6049
Tgt 6200-6300-6400
Chart, here it is:

 

[prabhanshuraman]

Hi,
I was going thru FTSE100 chart and found probable good entry. Lets c how they turn out.

In 5 mins chart, prices might complete 5 waves at 6150 (aprx) from 6050.
One can initiate below trade:
Short between 6145-50, Stop at 6158, tgts 6100-6088.

Below chart for your reference for above trade.

Now coming to day chart.
Bearish Gartley pattern in making. Point C might have completed at 6050 and currently last leg of this pattern is unfolding from 6050 for 6400.
Use retrace for the rise from 6050 to new high (as mentioned in above chart) to enter in longs.

Probable trade:
Create longs between 6100-6088,
Stop 6049
Tgt 6200-6300-6400
Chart, here it is:

FTSE 100 - as expected it gave nice upmove but dint give change to enter in longs as per abv analysis. No issues, will sure find entry in FTSE 100..
Cheers !

 

[prabhanshuraman]

Although we coudnt enter in FTSE100 long position but it met my two targets of 6200 and 6300 and made high of 6343.
:clap::clap:

 

[prabhanshuraman]

Although we coudnt enter in FTSE100 long position but it met my two targets of 6200 and 6300 and made high of 6343.
:clap::clap:

FTSE100 made high of 6396 and almost met with my 3rd tgt of 6400.

 

[prabhanshuraman]

Sell FTSE100

Sell FTSE 100 fut at 6267, SL 6281. Tgt 6196-6145.

Reason 5 waves completed at 6272.5 from 6058 (in futures). This sell is retracement trade.

 

[shakeel ahmed]

Sell FTSE 100 fut at 6267, SL 6281. Tgt 6196-6145.

Reason 5 waves completed at 6272.5 from 6058 (in futures). This sell is retracement trade.

Sir,I am regularly reading your post.I am asking a simple question,how to start a new thread.I am awaiting of your reply.Thanking you.

 

[prabhanshuraman]

dow jones has made bullish set up and will target 17500 in coming weeks. cmp is 15851. sl 15300.

 

[prabhanshuraman]

dow jones has made bullish set up and will target 17500 in coming weeks. cmp is 15851. sl 15300.

currently DJ fut is trading at 16165 . Buying was advised at 15851 for the target of 17500. Alot more to come

 

[prabhanshuraman]

dow jones has made bullish set up and will target 17500 in coming weeks. cmp is 15851. sl 15300.

DJ made high of 16514 and currently trading at 16400. Buy was recommended at 15851. Close to 550 points profit at cmp

 

[prabhanshuraman]

dow jones has made bullish set up and will target 17500 in coming weeks. cmp is 15851. sl 15300.

Dow Jones achieved its target of 17500 from 15851. It was a long journey and sitting tight with my positions....and finally paid off.
Congrats Guys...if anyone is still holding can book profits.
:clap: