NIFTY - Welcomes to Wed & Thursday volatility worldNIFTY - Welcomes to Wed & Thursday volatility world
CMP : 13490
SL : 13515
Target : 13420
I see mild RSI negative divergence and resistance is nearing.
Correction
Part 2 : ABC Correction on Reliance industries howdy Traders ,
you can clearly see that FIVE wave impulsive phrase Has just completed and we are at corrective Phrase.
wave A is impulse and when we are focusing on subwaves so 4th subways is ready to be completed !!!
if we want to make money we will focus on 5th impulsive subwave.
if wave A will finsihed only with 3 wave pattern so we will go for 3-3-5 wave pattern which is Flat !!
#NIFTY should continue next leg of correction downwardNifty's move down earlier this week was wave A of the correction, todays high of 12910 area should have ended wave B and Wave C has just begun. Stop loss will be 12910 on the Nov conntract
HCL Tech IT companies which have been giving an amazing rally for about past three - four months have been getting a correction. Most probably there could a gap down opening because rupee is getting weaker that is something bad for the company. Watch out the levels.
TATA MOTORS Swing opportunity available. It is also very good for long term as the management has strong strategies to enhance the growth of the company in the future. Look at the chart and see that Tata Motors is kind of forming a symmetrical triangle (Higher highs and Lower lows). Wait for a correction in the market and take trades appropriately.
wave analysis : RELIANCE is Ready for NEW LOWER HIGHHello Their,
if the price is ready for a new lower high then we should ready for Big corrective wave.'
price can travel a minimum of 61.8% .
Century Updated Chart !!TREND ANALYSIS & TRADE SETUP !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 10-12 times .
Is it Divergence ?Prices is making a higher high and the indicator is making lower highs.So may be it is an indication of bearish divergence in RSI.
[Positional] Metal Rally | National Aluminium - BuyThe stock has corrected very well and the metal sector will soon get a push in the upward direction. Wach out!!
Levels mentioned in the chart.
This analysis is done by me and could go wrong due to many reasons. Please do your own analysis before investing/trading.
ELLIOT WAVE THEORY!!It's a ELLIOT WAVE THEORY it says that a,b,c, is a INTERMEDIATE TREND(correction) after that stock will continue to go up!!
This my perception about stock,Trade at on your own risk!!
Oil Short Term ForecastH4 - Bearish trend pattern.
Currently, it looks like a correction is happening.
Until the strong resistance zone holds, I expect the price to continue lower further.
Bank Nifty Trend Analysis for 17th Sept Expiry !TREND ANALYSIS & TRADE SETUP !
UPDATED CHART !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 15-17 Times
INTRADAY JSWSTEEL SHORTThis is a simple strategy using the trendline. The price moved up steeply and has not seen a strong correction. The trendline was broken and the price tried moving upwards for a last kiss and was rejected from under the trendline.
This is an intraday idea, which can be moved to a positional play considering the negativity in the market. There is a strong chance that the market opens gap down and majority of the trade is already over.
Hence, only enter the trade if the price opens flat at yesterday's close level.
The stoploss is a little wide, due to the volatility, but risk can be reduced once the price moves lower in our favor.
The levels are explained on the chart.
Petronet Updated Chart !TREND ANALYSIS & TRADE SETUP !
UPDATED CHART !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 5-7 Times
Bajaj Finserve Trend, Trade Setup & Candlestick Analysis !!TREND ANALYSIS & TRADE SETUP !
WAVE COUNTING !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 5-8 Times
Bajaj Finserv Trend And Trade Setup !TREND ANALYSIS & TRADE SETUP !
WAVE COUNTING !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 5-8 Times
Bajaj Finance: Shifting Price LevelsBajaj Finance fell today post result declaration. A mega bull run has halted temporarily.
Much need correction in price has been started.
Scrip is following consolidation followed by a brief upmove strategy, Thus shifting price levels in a ladder-like structure.
It will retest the 3115-3130 levels on further correction( lower levels of Top-most rectangle). And can start its uptrend journey here to 3500 levels.
If broke the 3115 level, expected further correction till 3010.
HDFC Updated Chart & Trade Setup ! DONT MISS !!TREND ANALYSIS & TRADE SETUP
GARTLEY HARMONIC PATTERN !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
DO NOT MISS ENTRY IN AUGUST EXPIRY !
HDFC Trend Analysis & Trade Setup !TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
Intraday Maruti Short. Target 5950-5908Maruti is erasing all raises and is approaching 5950 followed by 5908. Intraday traders can short immediately and positional traders can buy at 5870 Level.
