Perfect example of Higher highs and higher lows STRUCTURE -Chennai petro chem. Weekly analysis
Price is near about very Strong support
HH & HL formation l
Eliottwavetheory
$MONG USDT looking moon MEXC:MONGUSDT looking juicy like $OMNOM which did 100x is $MONG another 100-1000x inti the horizon?
Nifty 50 chartNifty 50 chart. IN this chart we clearly see that market is completed 4th wave .
Last wave is about to complete in some days after that we can see some Bearish move..
Elliott Wave Corrective Wave Theory- DYDX to $28 soon! Hi traders, pl. refer to the above chart for knowing how Elliott Wave Correction Theory is currently forming up on DYDX. Some pointers-
* DYDX has stopped forming new lows rather forming equivalent lows which shows end of an impulse downside move.
* We see huge volume expansion showing the interest of people
* We see RSI bullish exaggerated divergence meaning the Price is forming flatter bottoms but the RSI looks bullish as it forms lower highs.
* We have entered wave A
HODL
Ultratech Cement On final push then fall aheadUltratech Cement had stellar rally from 2900 to 8000+ looks to be heading max 8532 which is max possible upside for it as wave 5.
Then a corrective wave will start towards 6300 which is 0.382 fibonacci levels.
Notice MACD Negative Divergence price making higher high and MACD higher lows.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis.
NSE Eicher motors price will drive upward moreIntraday traders and short-term investors can buy nearby sub-wave 4 of wave (3). NSE Eicher motors are making waves ((5)). We may see the following targets soon: 3005 - 3146 - 3223 - 3292
Invalidation: Wave 4 can never Exceed the starting point of wave 1.
Sub-wave 4 can't touch sub-wave 1 of wave (3).
If you have any queries or concerns, don't hesitate to ask me using below comment box or DM me.
Reliance Level AnalysisReliance is moving short...Target zones are marked based on eliott wave analysis
Bank nifty Intraday Update for 03-01-2021As you can see on chart we have completed wave (3)
After that we are in correction zone of wave (4), in which we are going from point A to Point B
Most like point B or wave B is near completion after that you will see a sideways move which i represent on chart as point C
Bank Nifty daily viewThis is the daliy chart of bank nifty
Currently we have finished (3) wave and playing in wave (4)
after this you will see an another movement till failure of that wave
Nifty 50 Levels for 24-Dec-20Nifty Eliott Wave analysis but being it an expiry expect some more volatility. Time may vary but support and Resistance levels are valid
NIFTY: Very near to the endIf the level of 10800 was a wave 4 , then nifty should not cross the level of 13800. As per the elliottwave principle wave 3 cannot not be the shortest among wave 1, wave 3 and wave 5. One should start shorting nifty near that zone keeping sl of 13900
ELLIOT WAVE ANALYSIS!!DOWNTREND is started,it will make three waves, 2 waves up & medial wave down as a correction !
Then it has chances to follow the down trend!
This analysis is for EDUCATIONAL & INTELLIGENCE pourpose,trade at your own risk!
Voltas: Bullish as long as it holds 617Buy Voltas on the dips with stoploss of 617 for the targets of 670/690/710
USDCAD- case of Ending diagonalVery soon there will be a trend reversal in the pair USDCAD. The current price structure is forming an ending diagonal which is going to complete the long term corrective wave A-B-C started in the month of march. The another reason for expecting a trend reversal is the bottom formation of dollar index, which clearly suggests that major reversal going to take place. Important levels are 1.30800 as the last & Above: 1.32400 reversal confirmation.
Elliott Wave theory on NIFTY 50 As per Elliott wave theory , Nifty may go down around 9980 (in upcoming week) then it may go upward around 10800-11000 (in last week of July).
Reliance Industries - Wave Talks- Careful at 1600 HighsDisclaimer
-----------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
-----------------------------------------------------------------------------------------------------------------------------
Trading Strategy
Safe Traders
Sell below 1390 for 870
Risky Traders
Sell Close to 1600 for 870
-------------------- Do not hold any positions if moves above 1600 ------------------------------------
Thanks for watching this video & your precious time.
ICICI BANK ELIOTT WAVE ANALYSISAS MENTIONED ELIOTT WAVE 12345 COMPLETED IN WEEKLY CHART AND CORRECTIVE WAVE ABC HAS TO BE KICKED IN NOW TARGET IS GIVEN FOR SHORT BUT FIRST LET 493 BROKEN ON CLOSING BASIS IN 15 MINUTE CANDLE GOOD LUCK
NOTE: TRADE AT OWN RISK ALSO MARKET MAY REACT TO BJP`S WIN IN MAHARASHTRA
