CEATLTD is this a starting base of long for CEAT ? 3 Years View+. Time to study fundamentals
RAIN Current Price 103.00 - 104.00 Chart Rectified with earlier.
RAIN Current Price 102.50 Is this a correct up move for Stock?
Traditional Chart Pattern- Ascending Triangle Discussed along with trading strategies in Hindi & English both. Thanks for watching the video Active Currently - Plan A - Sell Below 11955 for 11790-11810 target zone (Stops- 11960) Plan B- Buy in 11790-11810 with stops below 11750/11760 for target zone 11980-12000 Plan C- Sell Below (Strictly Stops above 12025) for...
Target Hit before my expected time.
Updated counts on Nifty Midcap 100
In the Five-Wave pattern, 3 of the waves are in the Directional Movement they are 1,3 and 5. The remaining 2 waves are Countertrend interruption they are 2 and 4. Waves 2 and 4 are necessary for the directional movement to happen. 3 Rules of Wave Pattern >Wave 2 can never overlap wave 1 >Wave 3 can never be the shortest >Wave 4 never enters the wave 1 Waves...
BUY AT 2175 SL 2133 TARGET 2225------2245+++
I have described the complete market cycle of elliott on the weekly chart of nifty as well as two model structural development which are Motive and corrective. Now that I've reviewed all types of waves, I can summarize their labels as showed in the nifty chart. If you have any query regarding to my chart or mistake in it, let me know throughout the comment. thank you.
AS PER MY ANALYSIS I THINK GAIL HAS COMPLETED ITS ABC CORRECTIVE WAVE AND NOW IT WILL GO UP
It has made a Bearish Harmonic Bat in daily time frame. It could retrace till 1200/1175/1100 provided it does not start sustaining above 1270 once again. Harmonic Patterns are derived from Fibonacci Ratios when each angle of retracement aligns to confirm a reversal probability of 38-50-62 % of the existing trend.
The second wave of the 5th wave has exactly retraced to the tune of.. 78% of wave 1 of 5th wave moving ahead we can put a sl at the swing low and expect it to move to a new life time high