It is showing signs of reversal from a Bearish Harmonic Alt Shark and has all activated a Bearish C Clamp per Ichimoku. It could retest 16250-15500-14500 as long as it stays below 17550
Bharti Infratel has activated a Bullish C Clamp as per Ichimoku. It could test 180 provided it does not breach 155
What is Fibonacci Retracement and how to apply!,
The ferocious Wave (a) completed at 7610 from 12080 for 21 days, now the recovery wave(b) under process in ABCDE pattern, if tomorrow closing more than 9134 (trend line resistance 9200) we have more uptrend. So watch for tomorrow(Monday 13th april) and trade accordingly Our final target will be 50% of the total fall(9845 on april 24th) Alternate count: In case...
THIS IS NIFTY TRADING OPPORTUNITYYYYSSSSS TRY BOTH CALLS
Yesterday's Hourly Bearish Alt Shark did its min expected retracement of 38% till 8700 approx. Currently the set up suggests 9600 approx where three Bearish Harmonic Patterns are emerging. It also happens to be the 50% retracement of the Monthly Alt Shark reversal. Even as per Ichimoku the same zone 9600-9800 will act like a tough resistance. Markets seldom give...
2008-09 followed wave theory and took longer time to correct. So one need to have patience for current correction, which is in progress and should not trade in PANIC!
Nifty is at the PRZ of a Bearish Harmonic Alt Shark in hourly time frame. If it fails to cross 9200 it might retest 8700-8600 and then it could resume this bounce rally from the monthly Bullish Harmonic Alt Shark for a 50% retracement till 9600-9800.
NESTLE..the upmove might be over .. i am not good with waves. do correct me if i am wrong
mostly chance to go up because this is strong supprt
get ready for short term bearish market if it breaks the trend line it goes down once again