Bank Nifty, Elliott wave, Ending Diagonal Daily Chart
Nifty 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..
We were posted earlier 2days back that Nifty seems following the Elliot Wave. The last leg of Impulsive rally upto E is done. And today's candle is a Spinning Top. It seems not good days ahead ... 16200 in card for July Expiry? If Eliot Wave is something to go with. The collective phase upto point-A.
NIFTY- MAY COME IN THE GRIP OF BEARS This is what I could see in the recent chart of nifty. Please like share and follow. Regards
Dear Trader this is Nifty Eliott Wave analysis. I tried my best to make it accurate as much as possible. You can also check my earlier Eliott wave analysis for Nifty which is almost correct & now I am happy to publish another alaysis. Trade and Enjoy
Reasons for strong buy 1. Elliot motive wave 5 formation ahead 2. MACD Bullish hidden divergence 3. Darvas box breakout ahead CMP - 396 BUY above 412 Early Target - 432 Swing Target 1 - 432 /445 /500 Target 2 - 546/560 Stoploss - 380 Elliot motive wave rules 1.wave 3 shouldn't be the shortest amont wave 1,3,5 2. wave 4 should not overlap with wave 1 3....
NSE:RELIANCE Hello Everyone As you are seeing on chart wave ((1)) has been completed and currently we are in wave ((2)) which is Developing in form of (W), (X), (Y). If this movement sustain than in future we will see a wave ((3)). So this is a good place to invest in reliance for delivery. This prediction will take time.......may be few month Thanks Neowave Forecast
BUY 58 TO 56.589 TARGET 71 Reason For Buying This Script : In weekly frame it is forming the Elliott wave it is having good potential to move upward. so we can go for buy. Now it is in correction mode . Use this opportunity and buy at this levels 58 to 56.589. once it cross 71 and close above 71 in weekly time frame means next target up to 87 . Note :...
Levels are marked based on Eliott Wave analysis. Expected retracement from current market price 2590 to 3340
Buy : 413 to 409 Target : 441 to 449 Reason Buying This Script: It is travelling in trend line and channel line. Note: Once it has close above 449 in weekly time frame , with strong bullish candle means then next target up to 478 to 481. Above this levels are based on weekly time frame it will take so many days to achieve the target. So be patience.
Nifty Eliott Wave analysis but being it an expiry expect some more volatility. Time may vary but support and Resistance levels are valid
NIFTY expecting a dip here. Details on chart. SL 12380 SL 2 days closing basis. Hedge if today closes above 12380. Target min 11885. Potential is more.
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!
take buy near 1458 with 30 pips sl for the trgt 1474.
Go for buy if next day candle closed above the high of Hammer to confirm the existence of bullish force and place stoploss at 915.00