Elliott Wave is a such an amazing scientific method, if you apply them & be humble & open to what market tells you, you are going to be rewarded like catching all the waves. Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. ...
1. Double Bullish Confirmation: Ascending Triangle and Inverted Head & Shoulders Breakouts Signal Potential Bull Run. 2.Clean Break out which is far away from Ascending Triangle's wedge Shows Breakout Strength 3.Strong Volume Accompanied the Breakout, Highlighting Bullish Momentum 4.This analysis is for educational purposes only and should not be considered...
Dalmia Bharat is engaged in the business of Manufacturing and Selling of Cement. Started in 1939, Its 4th largest cement manufacturer by installed capacity in India. Fundamentals:- Market Cap ₹ 32,162 Cr. Current Price ₹ 1,715 Graham Number ₹ 931 Book Value ₹ 874 Intrinsic Value ₹ 701 Stock PE 38.9 Industry PE 19.2 Dividend Yield 0.52 % ROCE 7.12 % ROE 5.16...
NIFTY is trading in upward channel and is currenly testing the lower trendline on the channel. Zone between 21750, 100 EMA and the lower trendline of the channel should act as a strong support zone. RSI is also showing a divergence right now. If these supports break then price can pull down to next strong support zones marked by 200 EMA, Previous pink...
Above 2170 it can blast. Please follow the upper levels. It has lot of strength. According to fibo follow the 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...
NSE:RELIANCE Wave 2 retraced 30% of Wave 1 Wave C achieved Equality to A Mostly Wave 2 Bottom in Place. Wave 3 Rally shall commence.
Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? ----------------------------------------------------------------------------------------------- May 11, 2024 Overview As...
I have made efforts in Giving explanation in simple manner , I have made efforts in explaining internal structure Hope you will find it easy to understand , Let me know if you have any Questions Thanks
We had a wide range movement on Friday and now price is at support. This zone will decide the trend direction. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 47440. Stop Loss : 47360. Targets : 47520, 47600, 47680, 47760 and 47840. Sell below : 47220. Stop Loss : 47300. Targets : 47140 ,47060, 46980 and 46880. Check the live...
Observation based on past 4 examples. Clear upside visible if it breaks this trend. Target4-5 is achievable in a month period if it takes positive direction. But keep booking it ones they hit my targets. Or trail it with previous levels (start with SL1) And ones it cross & sustains 3500 levels. There wont be any limits. If market itself takes negative direction....
The trend of gold this week showed an upward trend in the second half of the period, with the weekly closing as a big positive line with some small upper and lower shadow lines. On Friday, we publicly pointed out that short orders were carried out on the 2375-2378 line. As a result, the big negative line once touched 2355, showing a downward trend. Gold did not...
Balkrishna Industries: Forming Cup and Handle Pattern, Entry Above 2500, Target 2700-2750, SL: 2390, Time Frame: ~3 months Disclaimer: Study only for Educational Purpose. Remember: My Money, My Risk, My Reward, My Responsibility. Please Consult SEBI registered Financial Advisor for any Financial Advice/ Decision.
Hi Traders, This is Jublfood Monthly Chart. This Best time to invest for long term with small SL which is 35 Rupees. Strategy - This Power Of Stock 5 EMA Monthly Candle Note - This is only for education purpose
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. It is a buying...
In this video, we'll discuss about Market's Last Week Movement and we will try to analyze Coming Week's probabilities in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that...
Weak RSI ie below 40 MACD also below More selling pressure Target till previous support line (mark in red color) Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Tweets...
Dear friends, Last week gold found consolidation around the 2350 zone and after the breakout it moved to the 2380 levels. we always look at the first daily candle so Monday is usually slow. If the candle closes below 2340 levels and after that the 2332 zone then we can say there is a strong reversal in gold and the next zones to look at will be 2320 and 2300...