Elliot Wave Count: Fall from Feb 2022 highs is in 3 Wave as ABC which is (W) Rise is an (X) Wave with Lot of Overlapping, Falling Volumes and a Bearish RSI Divergence Now Wave (Y) on the Downside is playing out Downside Targets: T1= 195 T2= 180 T3= 155 Stop Loss above 241
5th jul close and 6th jul open are same this is tweezer top
BEARS to Attack SRTRANSFIN! A Head & Shoulder Top Pattern is visible + EW count says 1 of (C) done as the 'v waves' marked 2 of (C) done as rise from 23rd August Low is overlapping Now 3 of (C) down should start CMP= 1324 TARGETS: T1= 1260 T2= 1235 STOP LOSS > 1400
RELIANCE is making a good triangle pattern and moving averages are also showing bearishness in the stock thus Reliance can enter the Bear market once it breaks the triangle. THE MAJOR support is now 2400 that's gonna be the first target and the second target can be 2200.
# Titan near to profit booking zone PRZ-2640-2675 CMP:2493 @ 11 September 2022
#ASTRAL Harmonic Profit booking zone - 2624.00 buy above 2212 CMP:1994 @ 29 August
Hi, I see Indian Nifty at 14200 (Logarithms) and 13800 (Regular) scale Bears will be super active Below 17070 levels & long will be active above 18000 levels and I assume 95% probability of Nifty going to these lower levels in 60-70 days !! * for educational purpose , Trade at your own Risk !!
NAZARA is very near to crucial support level if this is not saved for coming days then expect more party for bears. the support ahead is not that good so it is more problematic for it.
So it was a good down side move by our India market on Friday 16th of September 2022 ,There was a reversal signal popularly known as Dark Cloud Cover. similar pattern was formed on 5th of April 2022 ,post which a negative down side rally was observed in Indian market. Post analyzing facts and figure my take on Nifty50 is that , we are roughly 8 month away...
Hey.. What do we get if we analyse one chart with two different theories ? Is it a good idea ? We use different techniques and methods to analyse a chart. Some traders use chart patterns, some use moving averages and others use any other technique. We all did the analysis to determine the trend of that instrument. What if we use two different theories for the...
As you can see ascending channel already broken now just need to wait to let it break the level of 994 we expect a good fall.
TORRENTPHARM Looking weak after breaking down the rising wedge pattern and the level of 1500. Here are some important levels we can expect.
#Pidilite India near to profit booking zone Target -2810 SL-2393 CMP:2599 @ 4 January 2022
indiamart good bearish grip. stay invested 4820 and 4650 imp levels
Good Distribution Schematic #1: Wyckoff Bearish in last 1 year. expect more bearish move