Economic Cycles
#Get Ready GRAPHITE Going To Charge Again!!!Hi all, GRAPHITE looks completed it's ABC expanding structure We can look for long bias unless until it's break previous low
If you have any Question feel free comment below and if you agree with my ideas let me know by your likes else comment below
Thank you for your support
--Prabhu Rajarathinam
CNXAUTO "LONG"Hi all, CNXAUTO completed corrective structure to the upside opportunity
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
If you have any Question comment below and don't forget check out my other ideas too
Thank you for your support
--Prabhu Rajarathinam
CUMMINSIND "LONG"Hi all, CUMMINSIND if it's break 772 after pre-market it will valid long opportunity and price suppose to sustain above 740
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
If you have any Question comment below
Thank you for your support
--Prabhu Rajarathinam
SBIHi all, SBI seems to me like no no investment stock as of now unless it break the all time high, secondly based on Elliott wave it's more like simple ABC structure and making of final C wave which means big drop is already in progress yet to confirm (Trend line Break)
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
If you have any Question comment below i try to do my best
Thank you for your support
-PR
" TATA COFFEE READY TO SIP LONG "Hi Friends, in my opinion TATACOFFEE making for buy trade but still there is one more downside dues before shooting up let's see how it playing out
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
If you like the idea hit the thumbs up ,comment below your Q's and do share which will encourage me to post more new ideas
Thank your for support
Wipro consolidation phaseAfter a move from 250 to 300 levels, now Wipro seems to be consolidating for another big move.
As of now prices are moving in channel form. Breakout in any direction will give us entry reason and could give some handsome profit.
I see a positive bias in Wipro because there is a huge OI built up in 290 PE so this will act as a strong support for the stock.
And also there is no considerable OI built up on the CE side. But there is a considerable amount of OI built up at 300 CE. Also it is just start of the month so we cannot completely rely on the Option chain.
I'm expecting an upward move till 300 levels in Wipro. Only further Price action can confirm this.
TATAELXSIHi Friends,i'm looking for excellent buy opportunity for TATELXSI above 933
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
If you like the idea hit the thumbs up ,comment below your Q's and do share which will encourage me to post more new ideas
Thank you for your support
-PR
ACC UpdateHi Friends, this is update for ACC in my opinion it can move one more upside before making downside reaction
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
If you like the idea please hit the thumbs up ,comment below your Q's and do share which will encourage me to post more new ideas
Thank you for your support
-PR
Black Sheep of IT USDINRHi Friends, just a quick view on USDINR in my opinion it could rally above 70.038 up to price as mentioned above
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
If you like the idea hit the thumbs up ,comment below your Q's and do share which will encourage me to post more new ideas
Thank you for your support
-PR
$BTC The bottom is in The average directional index (ADX) is used to quantify trend strength. In many cases, it is the ultimate trend indicator.
It's clear from the chart that the ADX has bottomed and there is no strength left in the trend. This shows that BTC has entered accumulation since Dec 2018 and there's very little chance of seeing new lows
EURUSD 12 years bullishHi, today i wanna discuss about cylic analysis.
this is long term projection for "position trader", coz opening position not only for month, but for years.
In this analysis we focus to 6 years cycle,
you can see that EURUSD perform a big 15 degree parallel channel up, still not break for 39 years, and still valid.
If we look cyclic lines, bearish take 6 years and bullish take 12 years.
and in this cycle, we enter bullish cyclic at cyclic 8.
So we already have big picture for EURUSD,
and our trading plan here is :
1. buy at support channel up or touch trendline at 1.1265, and aim for 7824 pips at 1.9155
2. buy if channel down break up, and aim for same target at 1.9155
This is long term projection, and we will reach our target in 12 years.
So,. I will update this analysis in 2030
note : careful EURUSD still perform bearish wave
To better understand about this analysis, strategy and money management, you can check our video analysis.
Good luck ^_^