Elliottwaveanalyis
Bank Nifty- Expiry Week Outlook 19th Jan 2023Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Short Video Outlook on BankNifty
Support Zone 41700-41800 or close to 42000 - If Index holds & takes support then expect below mentioned targets
42555
42700
43000
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Bank Nifty - Emotional Zigzag (Weekly Outlook 9th -13th Jan2023)Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
This Video Talks About
Fear & Greed - Two Visceral Emotions
It is very important to control your emotions, to avoid any unfavourable outcomes for the
decision made as an investor or trader in the market
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BankNifty Weekly Outlook
Weekly outlook for the Index / What to be expected. Opening huge gap up for Index today @
9th Jan2023, do not
hurry up & if Index halts upside in 42650-42750 zone, look for retracement in 42200-42300
zone & managing your risk below 41900-42000 & doing your due diligence, can expect
upside attempt by the index in 42800-43000 zone / above 43000 for 43200 later close by
range of 43578 which is close to the parallel channel drawn from 44151 to 43578 & pulling
down to connect 41597.
USDINR multi time frame aligned Elliott wave counts analysisUSDINR possible and aligned Elliott wave structure of multi time frames from monthly to hourly.
Monthly chart
Weekly chart
Daily chart
4 Hourly chart
1 Hourly chart
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
US OIL ELLIOT WAVE COUNTS AND BREAKOUTCrude oil is looking Bullish ahead Reasons are mentioned below
Inverted head n shoulder Neckline Breakout
Price taking support from RK's Mass psychological cloud and RK's stopline in daily time frame
Possible wave counts on weekly chart
Possible wave counts on Daily chart
Possible wave counts on 4 hourly
Possible wave counts on 1 hourly
Price challenging upper band on daily time frame
macd positive cross in daily time frame
macd converging towards north uptick in weekly time frame
RSI uptick above 60 in daily time frame
DMI ADX positive uptick in daily time frame
Price closed above 50dema, 100dema & 200dema
Weekly close above 20WEMA, its also above 50 WEMA, 100 WEMA & 200 WEMA.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Balkrishna Ind can go downAs Per Elliott wave theory NSE:BALKRISIND looks bearish for short time, formed channel in wave C expecting minute Wave 5 will reach till fibo ratio 0.786 or 1688, and possibly reverse. if price goes beyond the invalid line or breaks channel upward then markings need to recheck.
Risk management is Imp, use stop loss, Happy trading.
Naukri Info edge wave counts and much more things.Naukri (info edge)
Friends, please go through details shared below, which are making our bearish bias very strong.
All the key levels are mentioned in chart along with stop loss and Targets.
Possible wave counts on Daily time frame
RK's mass psychological cloud is also suggesting Bearishness ahead.
Bearish divergence in MACD, RSI and STOCHASTIC too.
Currently price below lower band, RSI below 40, MACD negative and below zero line, and finally DMI bearish along with ADX bearish power up.
Breakdown with good intensity of Volume on daily chart, also with further follow up in price action.
MACD in daily Negative with Down tick below zero line
MACD in weekly Down tick below zero line
MACD in Monthly Negative with Down
Price closed below 20WMA mid Bollinger band of weekly time frame.
RSI in Daily is below 40.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Godrej Properties: Elliott Wave View (Update)Godrej Properties has shown good strength for its upside. It has also formed an interesting structure
at the bottom which is called inverse head and shoulder. The breakout of the neckline may further accelerate the move
towards our fist target of 1494 and breaking that will achieve our ultimate target of 1553 of our internal wave 3. Staying
with the stock may generated good returns in short term.
Wave counts internal waves for other wave count you can visit the last analysis of the Godrej properties,
Thank you.