Get started

Double Top or Bottom

Nifty 27Jan'22: Possible Double Bottom on the intraday charts Another negative close from the Nifty benchmark index today – losing 173 points to post a close at 17,110. The day's loss could have been worse, but thanks to the banking and financial stocks, especially the public sector ones, which led to a phenomenal upward momentum leading to a decent bounce back for the Nifty index from its intraday low of 16,862. The underlying short-term trend of the index is down, and its the intermediate trend which is now vulnerable for a reversal. Many sectors like IT, Pharma and Media have already turned down on its intermediate timeframe and can be looked at as shorting opportunities. We have an early sign of a double bottom reversal pattern on the intraday charts of benchmark Nifty, and so this can lead to some bounce back, if at all, in the following few training sessions. However, that does not mean that strategically one should go aggressively bullish; on the other hand, one should be extra careful as the degree of underlying volatility is still exceptionally high. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Auropharma - Elliottwaves - Will It Repeat The Fall of 2016!!!Auropharma Profile Page at in.tradingview.com Note - Use Signature Field to put 3rd party links / website details / social media details which comes as a part of “Premium subscription” (Promoting 3rd Party Links apart from premium version –do check with the moderators as it could violate house rule ) Reach Moderators in.tradingview.com Pricing Details for TradingView Subscriptions at in.tradingview.com Trading Strategy Long Term Strategy Plan A Expect Explosive Move Upside -------Only Above 895-Double Top & Targets – 1200/1350/1600/1750 in next few years ahead Plan B Holding Below 895 –Double Top –Expect Downside Move & Targets – 697/700 620/630 500/525 Going Below 500 – We shall review later & we don’t deny downside targets of 450/350/250 years ahead. Previous Ideas 22nd Aug 2016 20th Oct 2016 13th May 2017 8th Nov 2017 1st June 2018 5th Dec 2018 Thanks for watching this video & Your Support ----------- “Don’t forget to support and share”.
NSE:AUROPHARMAShort
by WaveTalks
20
Nifty- 29th April 2019 - How will you sell ? - X -Wave MissionWe are now in Plan F as mentioned in the video idea published on 9th April 2019 9th April 2019 - Elliottwaves - Let us make some wedges ------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Once Head & Shoulder Pattern gets activated as explained over the video look for below mentioned targets Activates below 11550 Target - 11300-11325 Target - 11125-11150 Risky Traders Selling below 11850 for targets 11665 11550-11575 & continue with head & shoulder strategy as mentioned above. Safe Traders Selling below 11800 for targets 11665 11550-11575 & continue with head & shoulder strategy as mentioned above.
NSE:NIFTYShort
by WaveTalks
9
Tata Coffee-Enjoy the Coffee in The Cup Thanks for your precious time & do put your feedback below in comment section - I would love to hear from you. Most of us can learn as well - ----------------------------------------------------------------------------------------------------------------------------------------- Correction - Sorry using "circular shape" over the video - Its a curve shape from 168 to 185 - silly mistake -happens. ----------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Plan A - 19:57 Hrs / 14th March 2019 Last Price@95.35 Buy If you get dip somewhere close to 90 & 85's - obviously you should throw away the cup if 80 gets broken that should be understood. Target 1 120-140 Target 2 Above 140 - 175-185 Target 3 Above 185 - It should not move below 175 post crossing 185 highs then look for 250-280's as suggested over the video. ------------------------------------------------------------------------------------------------------------------------------------------- Image of the Coffee on 26th Aug 2018 Enjoy the Coffee in The Cup - With Double Bottoms@80 Cup & Handle Pattern A cup and handle price pattern resembles a cup and handle where the cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern typically has low trading volume, and may be as short as 7 weeks or as long as 60-75 weeks- roughly a year and half. The fall from 185 in Nov 2017 shall complete a year in Nov 2018 so that would be the period or time zone plus couple of months more- one should be alert as its aroma could spread across the globe & everyone would be interested to take a sip. Cup and Handle Stops and Targets A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout. Successive breakout zone shall be above 175-185 & I am taking conservative target measuring 85 points which is depth of the cup above 168-170 zone or above 185 as shown over the video, which gives a roughly target zone of 250-280. Once it breaks out & above 140 key level –make sure it never returns back below 140-135 zone else that could be risky. --------------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Suggested on 26th Aug 2018 --------------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Long Term Strategy Plan A – Wait for the stock to cross 140 & upper trendline of the handle & maintain stops below 135 once it crosses above 140 – Target Zone -175-180 & Above 185 – as 250-260. Plan B - Look to buy above 175-185 zone & keep in mind –price should not dip below 175 after crossing the zone of 175-185- Target Zone 250-260. Plan C - Plan to buy in 80-85 zone with strict stops below 80 – if goes below 80 –Throw the broken cup. Short Term Strategy Plan A – We look to sell from 115-117 zone with stops above 118.50 for target 112 – 106- 101 Plan B – Buy above 118.50 for 121-123 zone - book & out. Plan C – Sell from 122-125 zone with strict stops above 128 – Target zone -118 -112-106 - 101 --------------------------------------------------------------------------------------------------------------------------------------------
TEducation
by WaveTalks
10
Nifty - Modified Bullish Alternate BatFirst Sell - Later Buy 12:56 Hrs / 31st Jan 2019 Last Price@10749 Do read the update carefully & manage your risk while trading. As trading derivatives is highly risky. Facing Resistance Above 10750 levels & Suggested in all the status updates that we shall be careful in 10730-10750 zone & holding above 10750 only we will look for 10790-10800 next resistance zone. Trading Strategy Plan A Below 10750 - We shall look for a fall close to 10585-10550 zone downside Plan B Buying Later if Nifty Halts in PRZ (Potential Reversal Zone ) - 10550 -10585 zone Plan C Harmonic Pattern is violated but we will plan to buy if 10525-10535 provides support for upside target 10750-10825 Plan D Plan to Buy close from 10500 if goes below 10525-10535 zone for same target upside as mentioned in Plan C above Auropharma - Modified Alternate Bullish Bat
NSE:NIFTY
by WaveTalks
Nifty -Waves -Magic of 10800- Is This Ending Diagonal/Wedge?Trading Strategy Magical level 10800 was the level identified on 23rd Jan 2019 as per status update - took a risky call in between 10840 - 10850 with strict stoploss -10865 Remember - If you are trading -you will lose -no doubt but If you are trading & don't know what you are trading - you will lose all! Plan A Wait for some correction if index opens with gap up & initiate or execute your buy somewhere between 10865 -10880 - Stop loss is 10800 ( Stoploss is big- If not comfortable- do not trade) PlanB Sell only below 10800 or Sell in the resistance zone 11025 - 11050 - Coming with stop loss is tough at the moment Thanks for watching the video and your precious time.
NSE:NIFTYLong
by WaveTalks
6
Nifty - 200!-White Walkers PatienceNifty & Cheteshwar Pujara -The White Walkers - We should learn the art of patience from Mr. Pujara. Thank You, Sir, for giving us such a wonderful performance. 14:05 Hrs 17th Jan 2019 Last Price@10862 Target achieved Target 1@10865 done as per the last update- selling from 10905-10915 - day top zone In progress Target 2@10825 - in between there is minor support zone 10840-10850 - currently holding. Nifty Picture at 12:46 Hrs IST -17th Jan 2019 Trading at 10898 Last Video Idea - Network/Waves/Intuition Part 2 We achieved 200 points from 10710 to 10910 from the last update. Hope you enjoyed the trade.
NSE:NIFTYShort
by WaveTalks
7