Time and Price Forecasting Nifty cmp 22378 This market is not to be greedy, its going to change its coat before you can even Drop your hat. Caution Ahead.
I dont know why, but something to come up soon.. probably some bad news lined up next week. What it could be, I have no idea. But this is the wave count I have shared with Banknifty chart on weekly time frame. No more ATH now, and it should be heading south soon, and it will be deep. Don't want to scare, but at-least what you can do, don't carry any overnight...
This is nifty midcap index chart on monthly time frame. Tried counting since its inception. Looks like one complete set of WXYXZ (tripple correction) is complete here or is about to complete. Some sort of crash is what I am expecting in near future. Stay alert All the best
Bajaj Auto is showing a Consolidation Phase. On Detailed analysis it appears as DISTRIBUTION PHASE and it is Expected to go down.
I remember seeing a same formation before Covid Crash, though it might not be as intense as that. But a significant correction cannot be Ruled out.
BNF is not able to close above 21 EMA for last 7 candles. It is a very bearish signal. A very big DOWN MOVE is expected.
Gold will invite buyer after resistance breakout and also the buying was week so enter the trade before 1-2 min before event
I can See A wedge pattern in form of Wave B and Will the Wave C on downside can start from here it self ? Rsi is indicating multiple divergences, Daily candles showing shooting star at top , more than 61.8% retracement move is complete, elliot wave is having 5 moves complete on upside and time cycles suggesting bottom near may 20, all factors showing a move...
High probability bank nifty could break 38730 ( 27th March 2023) and will dump to 35700 within 20th April 2023 Disclaimer: It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises
Attached: Nifty 50 Weekly Chart as of 17th March 2023 This Week's Candle has Closed below the Trend Line drawn from the October 2021 Highs, after having broken out above that same Trend Line back in October 2022 So Price went from giving a Breakout to New Highs of 18,887 in Nov 2022 to slipping back below 18,000 and now it is back below the Very Important...
in.tradingview.com Nifty has been performing poorly since the last three months, even if we leave the index constituents aside, the situation is even more dire in midcap and small cap indexes some of which can be attributed to the Adani stocks. Adani stocks, put pressure on the banking index and banking index constituents especially SBI collapsed due to the...
Looks like the wicks are not considered here... Market already moving down.
In the past couple of days, Indian markets have shown a major correction. The Nifty Bank Index corrected more than 6% while the Nifty50 Index came down by more than 3%. The main reason for this correction is the research report published by Hindenburg Research (A US based investment research firm) which suggested that Adani stocks may crash upto 85% crash purely...
$TSLA aka Elon Musk's Tesla CMP= $204.99 Attached: Weekly Price Chart as of 14th October, 2022 - Price has triggered a Head & Shoulder TOP Pattern Breakdown - Tesla still has a PE of 74 which is Overvalued and Expensive compared to Peers and Unsustainable in a FED Tightening Environment Elliot Wave Counts say that a Larger Degree 5 Wave Impulse in Wave 1 has...
Huge selling is incoming in POLYCAB INDIA !! If you are holding polycab, try to exit as soon as possible... Big Crash is waiting :)
PVR stock price is in it's long term supply zone!! Any time sellers will enter and push the price down aggressively.
Wait for Nifty to Hit it's resistance. Once it touches the supply zone, huge selling will be triggered !!