From new traders to experienced traders, the most under valued technical tool is trend line. Since everybody thinks its easy to draw the trend line, they dont give much attention to it. I have connected A & B to draw the trend line 2 weeks before. When I analysed for this week's move, I just extended the same trend line and it is marked as dotted yellow line. ...
It seems now we are in Wave 4 of a larger degree. Earlier it was updated and our Wave 3 TGT was 11800 and it has been achieved. Let us now wait for the confirmation
Dmart broke out from H&S pattern + is was forming a triangular pattern.
Buy - 200 Target - 240 stop loss - 190
CENTURY TEX LOOKS GOOD TILL IT HOLDS 360 AS NEW STRONG SUPPORT
Any sustainable leval above 22200 give buy signal in banknifty, or selling continue till 21500 leval.
parallel channel suppoert anr resistance
Disclaimer: Just for Study purpose, trading/investing not recommended on this analysis it can be wrong. Reliance gives classic examples where it shows similar targets with help price action and Elliot waves. Inverse Head and shoulders breakout target seems to reached As 3rd Elliot wave is extended 5th Wave should be normal (not extended) During Run up it...
Look How beautifully price has created Structure and has followed the way it should be!
NSE:DABUR Hi Traders, Keep a close watch on Dabur. It is developing support around 490-92. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would...