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Economic Cycles

current count super cycle-3-cycle-1,primary-5 super cycle degree-white cycle impulse-yellow, cycle correction-red, primary impulse-blue currently we are in super cycle degree wave 3 which is supposed to be most powerful impulse,hence as an individual one should always look to buy this stock be it for intraday,swing or positional trading as higher degree will always have bigger impact on price movement. In coming days(this month end) if prices correct's and gives negative closing on monthly chart than we can assume that wave 1(cycle) of wave 3 (super cycle 3) has ended and wave 2(cycle) correction can take prices in the range of 89-70.Following wave 3-4-5 target's are as follow's assuming wave 2(cycle)ending @70. wave 3(cycle):70-280 wave 4(cycle):280-200 wave 5(cycle):200-460/480.longest among 1,3,5 as generally seen in commodities. Mind well this are just ideal projection as per text-book guidelines.Actual levels may differ.Whole idea behind this post is to share insight on current wave count on long term price action.
NSE:SAIL
by UNDERDOG-29
1
Andhra Sugar - Weekly Breakout. Looking good on WoW Basis#ANDHRSUGAR Perfect candidate to ride the Soft Commodity and Sugar Rally and hence my conviction here. Numbers listed are weekly considerations Entered at - 442 Stop Loss - 415 Target 1 – 486 ( Next coming days ) Target 2 – 592 ( 4 to 5 months ) Target 3 - 672 ( 8 to 10 months ) Some of you might not agree with the gap between SL and entry price but I am okay to let this play with my risk appetite for next coming days and next 4 to 5 months On Daily chart is it now retesting its breakout level. If stock sustains levels of 415 on weekly closing, then its expected to move into predicted trajectory as reflected above Volume spurt has also been noticed on WoW basis for last 4 weeks. Good sign of buyer interest in order to move towards predicted trajectory Disclaimer - - The view expressed here are my personal views. I am publishing this for my own records and what I see on charts. - If you're referring to this, please consider this ONLY FOR educational & research purposes. - Past performance is not a guarantee for future predictions - Any decision you take, you need to take responsibility for the same. DO NOT consider this as an investment suggestion. - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - Do your own analysis and consult your financial advisor before investing. TIA!
NSE:ANDHRSUGARLong
by nerdywasabi
2
MARKEY CYCLES PSYCHOLOGY | EMOTIONS & COGNITIVE BIASES All markets go through cycles of expansion and contraction. 📈When a market is in an expansion phase (an uptrend), there is a sentiment of optimism, belief, and greed. Typically, these are the main emotions that lead to a strong buying activity. Sometimes, a strong sense of greed and belief overtakes the market in such a way that a financial bubble can form. In such a scenario, many investors become irrational, losing sight of the actual value and buying an asset only because they believe the market will continue to rise. They get greedy and irrational by the impressive bullish movement, expecting to make huge profits. As the market gets heavily overbought, the local top is created. In general, this is considered to be the point of the highest risk. In some cases, the market will start a sideways movement while smart money steadily sells the asset. This is also called the distribution stage. However, some markets don't present a clear distribution stage, and the downtrend starts sharply after the top is reached. ➖➖➖➖➖➖➖➖➖ 📉 When the market starts reversing, the euphoric mood can quickly turn into complacency, as many traders refuse to admit that the uptrend came to an end. As prices continue to fall, the market sentiment quickly moves to the bearish side. It often includes feelings of anxiety, denial, and panic. In this context, by the anxiety we mean the moment when bullish biased market participants start to question why the price is falling, which soon leads to the denial stage. The denial period is marked by a sense of unacceptance. Many investors keep holding their losing positions, either because "it's too late to sell" or because they want still believe that "the market will come back soon." But as the prices drop even lower, the selling wave gets stronger. At this point, fear and panic often lead to what is called a market capitulation (when holders give up and sell their assets close to the local bottom). Eventually, the downtrend stops as the volatility decreases and the market stabilizes. Typically, the market experiences sideways movements before feelings of hope and optimism start arising again. Such a sideways period is called the accumulation stage. ❤️Please, support this idea with a like and comment!❤️ ⬇️Subscribe to my social networks!⬇️
OANDA:XAUUSDEducation
by VasilyTrader
2
Indus Towers - 5G Play, Long Term AccumulationAs per Dow Theory, Indus Towers has over the years formed a classic "Accumulation - Participation - Distribution" pattern which has since mid-2019 reset back into the Accumulation phase. On the fundamental side, 5G Technology is expected to be one of the big plays in the coming years. Indus Towers has also slowly but steadily been accumulating into forming a bullish pennant. It may take some positive news or event to push it towards a breakout, but sooner or later looks likely.
NSE:INDUSTOWERLong
by Wolf-AD7
Surya Roshni is ready for shine like a sunbuy & hold add @357 range trgt 400-435-457-500+🎯🎯🎯 anytime we can expect 🚀🚀 🔹the stock published good result in q3 🔹stock in a uptrend 🔹feels like accumulation 🔹 chart shows bullishness 🔹any time we can expect a breakout study then invest about the company 🎇Surya Roshni is engaged in the largest GI Steel Pipe Manufacturer and the second largest in lighting products in India. support🔸like🔸comment🔸
NSE:SURYAROSNILong
by ANKITHSHAJU
2
How to categorize trends?In times like these when markets are moving down so much from the high point, it is important to understand this chart. In a Bull market, the market consistently makes higher highs and higher lows. When the market starts moving lower, people start fearing an incoming bear market or a crash. But it is important to note that, if the market is down <10% from all time high, it is not enough to be considered a correction. A correction is when the market is trading between 10% and 20% lower from the all time high. Currently Nifty 50 is only down 7.5% from the high point. Hence, it cannot really be termed as a correction yet either. A bear market is defined when the prices are trading more than 20% from the all time high. This point is very very far away for Nifty and it would have to go down below 12,350 for it to be considered a bear market. In my opinion, if one is a long term investor, all dips on the market are good opportunities to start buying more shares. It is not possible for any one predict and buy right at the bottom of the dip. Hence, I consider the current market situation to as a time to accumulate small quantities of stocks which you can keep adding to if the market dips further.
NSE:NIFTYEducation
by ArcherDAVIS
Bank Nifty - Next MoveBNF is in a zone that is really hard to day trade. Tomorrow is Wednesday so premium decay would be a factor to consider if you are playing with option buying There can be two possibilities BNF makes a trending move downside towards 50 DMA. DMA are like magnetic lines that attract price towards it when they are near. Usually, it is also seen that patterns repeat for a given script. Last time when 20 DMA was broken and the price was nearing 50 DMA it formed an inside bar. Today also it formed an inside bar. so possibility is high it may break 50 DMA. Possible ways to trade - If trading in future sell on rise and 35250(Future price) as SL. The target can be 50 DMA . If trading in options - selling 35100 CE with SL as 35250 (future price). If buying options risky one - you may want to go for 34500 PE as 50 DMA is 34230, so if the hypothesis proves right this OTM option will become ITM and may fetch you max returns Another possibility - based on the below factors FIIs has bought heavily in the cash market.DII matched with selling. Fed meeting would be concluded after Indian trading hours. So it may happen that BNF remains range-bound. In that scenario, today's high and yesterday low may be taken as a range. Possible ways to trade- Selling strangle at BNF open price may be an option and keeping 25% as SL. Happy Trading MSK
NSE:BANKNIFTYShort
by msk_analysis
1