Its bullish but not for long term prize can retrace and break avgs of minor wave 2 of 5 avgs should hold the prize for this view
Daily Bitcoin Analysis 01.05.2024 A.O.A And Good Morning to All Brothers and Sisters! As Forecast Yesterday. We Have Created a New Low On Price Yesterday. And That Makes A Bit Changes. We Have Now a New Diagonal Line and Today We look The Chart On Daily Time Frame. Reason Is Monthly Candle is Closed under The Area(64850). And That A Bearish Signal, Even Actuall...
what you see and what you feel ? what you see impotant. as shown in the chart it is in 3 rd wave. Of course retraced 23.6 percent of it. in some cases when 3 rd wave is extended it can retrace 23.6 percent. It seems here it is extended here, Normally 4 th wave retraces 38.6 percent of 3 rd wave. Its result is tomorrow.In case of good result it can lift nifty along...
For investing/trading in metal companies, one needs patience as hard. On weekly charts, the stock seems to be in Wave 3 which is heading towards 800+ that is also the 1.618 fibonacci level as seen in the chart. In the current run up, it may go up another 5-10% (around 440 levels) before hitting a Wave (II) correction towards 350-325 levels. Please note there are...
Above 2170 it can blast. Please follow the upper levels. It has lot of strength. According to fibo follow the levels.
In charts look like A and B is done and C wave for target first 625 trend line mention good support area any close above 705 is show upmove may be corrective for B wave pf C.
After a giant rally to ATH ig now it's time for a decent correction to lowers levels back to previous support for tommorow ..... Happy Trading
The stock seems to be in Wave (v) of Wave 3 that is likely to culminate around 6680 which is also the 1.618 fib level and a resistance level from Nov 2021. This can be seen in the chart. If it corrects from 6660-6700 levels, it may find support at 5750-5650 levels before resuming its advance towards 9000. This is not a trade recommendation. Please do your own due...
BankNifty has a solid bullish structure, so if the initial market rejects, we can expect a maximum retracement of 23 to 38% because it could be in a 4th correctional wave. Alternatively, if the gap-up sustains, then we can expect rally continuation with minor consolidation.
Symbol - EURJPY EURJPY is currently trading at 168.200 I'm seeing a trading opportunity on sell side. Shorting EURJPY pair at CMP 168.200 I will be adding more if 168.600 comes & will hold with SL of 169.000 Targets I'm expecting are 165.400 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...
Aurobindo Pharma seems to be in leg C of ABC correction. Minimum target to the downside is of 61.8% (1014). SL is above 1152
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk : Reward: 5-6 times.
There is no introduction needed for this script. The very long run is due and recent low can act as an immediate support. Rising channel with blockbuster volume is significant for upmove. RSI crossover on weekly TF also indicating to move towards ATH. CMP : 811 Taregt 940/1040/1260++ Kindly note that I am not a SEBI registered analyst. Perform your own analysis...
Timeframe: Daily NSE ASIAN PAINTS has been undergoing a corrective phase for about 80 weeks, with its price confined within a range of 3329 – 2938 , excluding excesses. The ADX indicator has declined to 21, while the average true range (ATR) stands at 43. Presently, the price has breached the 20-day exponential moving average (EMA) and is trading below the 50,...
Date 10th April 2024 Time: 3:30 IDFC FIRST BANK was in a correction from last year's Sept. After showing full correction Wave At the end of March it Gap Down and from 1st Day of April it Started moving up seems like its short covering . But More Confirmation for going long is on 8th April IDFC Gap Up and Going upside continuously. and finally,...
Buy on Weekly / or Daily retest I.e on 506 on close with the SL tight of 437 close below. & if if you Enter in it, then keep your Quantity 1/3th of your total position sizing in the Stock..
Bitcoin Update 30.04.2024! A.O.A and Good Morning to All Brothers and Sisters! Yesterday Bitocin is Supported By Diagonal Line(Arrow#3). And Bounced Back. But Just Now Is Rejected By Important Resistance (64854). We Are Very Near To Yellow Lines Too. And If We Reverse The Trend from Here. We Need Just Some Force To Break Them. Same time If Bitcoin is Rejected...
Symbol - USDJPY USDJPY is currently trading at 157.700 I'm seeing a trading opportunity on sell side. Shorting USDJPY pair at CMP 157.700 I will be adding more if 158.200 comes & will hold with SL of 158.500 Targets I'm expecting are 154.800 - 151.900 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...