As per the time cycle GBP AUD has crossed 2 Std Dev from Mean and it will reverse and reach the mean. go Long for GBP AUD
Seems like TATASTEEL might be ending flat correction which started from 1530 levels taking price all the way down till 1060.A bounce in the form of wave X can give good swing trade. Reason behind end of current flat correction. 1)Price reaching near 123% wave A extention in wave C fall 2)Price reaching 100% equality wave 1 target in wave 5 of wave C. 3)Price...
As it turned out price took form of diametric pattern in wave d(yellow),currently it seems like we are in wave g(green) of diametric pattern target of which is coming at 37650.Again we are nearing cycle low zone at 12.45 PM today.One should look to buy index if we get reversal candle which closes above previous candles high from now onwards,although it would be...
Attaching 30 mins chart of Bank Nifty. It seems like Bank nifty is following 21 candles cycle on 30 minutes chart as it has captured most of the low's formed since 30-12-2021 (12:15 P.M. on wards).As per this cycle next low is due at 1.45 P.M. today. On wave front,i think it is either making a diametric pattern or an triangle,as wave B took less time then wave A...
Sobha if it crosses 694 1st target 850 next 1060
The hourly Rohits momentum indicator gave abuy signal that failed and flipped back to sell, which allows for risk management by traders but that does not change the Elliott Wave view that we are in wave II. That requires deeper thinking and observations. The only alternate is wave 5 was truncated and the recent top ended an 18-month bull phase. Time will tell...
Ceat moving in parallel channel ...can buy it for long term.
The two Indices Dow and Nifty have moved in opposite directions for months Now or most of 2021 and that pattern continues. So it comes no surprise to me that we are up and the Dow is down on this chart.
India Gold (MCX): Corrective Wave B seen completed in a narrow range 45000 to 50000. Now expecting 38000 in Wave C in a few months. Close above 49000 should be stop-loss.
Nifty IT is overhyped and euphoric , as it was there in Nifty . Short Infy as it is one of the leader of IT sector after TCS .This will play role in falling of Nifty IT. Note : This suggestion is Data Backed from Stock Data Science . You can take positions after consulting your Financial Advisor . Please manage your risk accordingly.
Expecting the price to find support around these levels. To be followed by either by Consolidation or Uptrend Swing. Disclaimer: View for Education Purpose only, not for trading suggestion.
Invest 15000-16000 for 1000 shares. Hold till december
Nifty on a 6o min timeframe good for sell on rise it can give a good move Gap can filled on monday keep watch This is for education purpose only🙂
Details mentioned on chart Stair Steps movement in price pattern observed. Pls follow strict SL Thanks
Godrej Industries increase in the RSI from the last few days. Also, trading at the very good support line which was previously acting as Resistance. Perfect opportunity for Swing Trade. Target 640 SL 530
Chart coming out of accumulation zone, strong fundamentals and growth can take this higher, keep holding for 2-3 months to get a decent upmove
Breaking the Cup shaped Accumulation with strong fundamentals and growth. Can hold for 2-3 months to see a decent upmove
DLF has formed Rounding pattern on weekly time frame. We can expect it to go big for T1 - 520 T2 - 575 T3 - 675