Nifty is On-Going 5th(daily) of 5th(weekly) wave,in correspondence with Time cycle. 16130 & 16255 would act as magnetic leve in coming days.
PDSMFL consolidating in parallel range of 900 to 1050, the stock rallied strongly post last consolidation. I assume the stock to be positional pick for medium term, as i am a learner and posted this for educational purpose,please correct and guide me if i have missed anything , so everyone could learn.
BRENT (Crude Oil):- 74.22 CMP, 80 to 90 zone (Multiple Resistance Zone) 1) Dow Theory (Downtrend Since 2008/2009) 2)Crude takes year to rise (But in pandemic its is rise too fast)
- Priceaction analysis - Supertrend strategy - Mark important levels same as in your chart
After one indecisive candle, there are two red candles has shown for NIFTY, one more RED candle comes today, than it will confirm downtrend for NIFTY for next couple of days. Friday’s candle was also kind of indecisive. $ is going up Crude Oil is going up Gold is going down.
NSE:MARUTI Entry - CMP SL - Below 7200 or below 30 WMA 1st target - 8300
Uptrend - Fib retracement. Previous swing retracement level 0.618 Swing high -271 Low - 228 Retracement - 246 Target Achieved - 313 (2.618). Current Swing retracement level 0.618 High - 313 Retracement - 267 Low - 246 CMP - 280 Entry Level T1 - 313 - 12% T2 - 341 - 22% (1.618) T3 - 387 - 38% (2.618) SL - 260 Previous swing close. Note: Previous resistance...
Sail has perfectly followed the Wyckoff process and its going up with hug volume in bullish candle with wide spread candle..now its running on the lps and good for the entry if it retress more. can expect Target of 225
NCC | Simple trendline breakout for 50% CMP : 91 (Dip : 85, 87) SL : 80 Target : 135
Tata Power is in bullish mode. As per drawn Elliot Wave it should face strong resistance at 140. Suggest to book partial profit at 140. It will retest level 110 before further journey.
Comparing Power Generation Companies From March 23 2021.
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...
Wyckoff accumulation schematics played out in bitcoin. Big boys are accumulating bitcoins.
Eth has just played off a classic Wyckoff accumulation pattern. I had followed this ever since the secondary test, and the spring and LPS has played off since then. Sharing it to reach a wider audience. Thanks to uncomplication on YouTube for introducing me to Wyckoff patterns!
#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...
As 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...
In the latest structure it can be seen that there is a compression in the price range. The breakout in either direction may lead to a significant move. But the trading range between 70 and 72 may act as a support on the downside.