I have tried my hands on explaining movement behind NMDC.. Fresh entry will require your patience here, however already investors are in good profit as of now..
#Bitcoin Elliott Wave Count Analysis Intermediate Degree: ▪️We are observing a potential wave (3) down of a descending impulse on the 1-day chart. ▪️Target: $48,000 - $44,000. Primary Degree: ▪️The 1-day chart suggests wave C down of a zigzag pattern is in progress. ▪️Target: $58,000 - $61,000. Cycle Degree: ▪️At the cycle degree, wave ((ii)) down of an...
can enter this stock putting stoploss below the consolidation
Concor has good cup & handle pattern breakout. Looking very strong above 1090 Levels. straight target will be 1400 in short time. According to advance fibo levels. Please follow the targets on the chart. Result is good too so the trigger is there. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know...
IEX giving closing above 100 200 EMA and breakout too. Big upside possible. Follow the targets.
Zomato CMP:194.40; RSI: 55; Zomato chart structure seems to be very strong, it’s a good buy at the current market price (range of 188-195) for a time frame of 3 months. The script will give clear breakout single once crossed and settled over Rs. 201.50 on closing basis. The various swing targets for the script are- Target- 1- 212-215 ; Target-2- 226-230;...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Date 18.05.2024 If resistance band gets breakout after formation of cup & handle patter, followed by breakout of speed resistance fan will have higher momentum upwards
HDFCAMC has good breakout with W pattern. Big target is visible ones it re-test. According to advance fibo levels.
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
Crompton and Orient going for a good momentum rally... in higher time frame.. these two stock started their 3rd wave . We can expect good momentum rally from here in monthly time frame. Will be ideal for long term.
Natural Gas has just finished its major bear correction ( ABC) after a major bull cycle (12345) as depicted on the chart. Most of the Fibonacci projection & retracement are holding true as per the rules (will publish it separately as a learning material). Also, after the ABC correction, there is sharp rise in the price. How do we plan an entry now? The price...
Tatasteel has good bulish flag pattern breakout. Above 133-135 closing can give good upside in the future. It should sustain or retest the flag top levels.
TITAGARH : CMP -1098.70, ; RSI: 67.93 Titagrh which has been in bull run and given a compounded returns of 225% return in last 4 quaters. After a 52 week high of 1248, it has been in a corrective ABC (Flat correction - 3-3-5) phase. The current corrective wave B, should culminate to 1244-1255 levels. Recent volatality in the indian market is giving good...
InterGlobe Aviation: CMP:4075; RSI: 69.62 Script is availabel at very reasonable price. As per Elliot wave analysis the script is middle of 3rd wave pattern formation, which will strech to the first target of Rs: 4246 & before heading for consolidation. Target 1: 4246 (2 W) ; Target 2: 4745 (2.5M) Accumulation Zone: 3950-4000 ; Stop Loss: 3880
Concall Polycab...3K Cr Capex over 3Y. A bit towards backward integration(improves efficiency) & FMEG segment Seen 30-40% volume growth in Q4 & last year. Industry at 22% growth No material impact in pricing pressure despite rise in commodities(copper & Aluminium) pricing. Mgmt seems to have witnessed this G8 demand in Infrastructure, Power, Renewable...
Tata motors CMP:953.95; RSI: 42.73; Tata motors, chart is showing signs of fatigue and weakness, is poised to slide into consolidation phase and may retrace- back to a zone of (Rs 840-775). Tata motors is fundamentally strong counter will be a good buy in a zone at 800-850. Sentiment may reverse for a momentarily if script closes above breakout ceiling of 1070 on...
The Elliott Wave analysis indicates that the stock has finished waves (i) and is nearing the end of waves (ii), which are shown by blue numbers on the daily chart. Wave (i), also known as the impulse wave, unfolded into five waves in red colour. Wave (ii), also known as the corrective wave, unfolded in an a-b-c pattern, as indicated in red. Wave (iii) will begin...