Nifty good long candidateNifty spot cmp 15680
Elliot wave counts of this last swing from 14200 to 15900,,
last impulse wave of impulse phase is pending,,
good upmove coming if manage to sustain above last swing low,,
Good conditional long trade,, the move will be violent as the consolidation is longer,,
Elliottwavecorrection
Nifty - Sell Only Below 15800 - Potential Gartley / Bat HarmonicFrom The Last Idea Published..... Closing comment - "Struggling to go below 15800 ---------------Avoid Selling ---------------Do not Sell-------If Index holds above 15800-------Thanks & Best Luck.
Trading Strategy
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Plan 1 - Sell Only Below 15800 - Do not trade if Nifty holds above 15800
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Target - 15675
Target 2 - 15565
Target 3 - 15505
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Plan 2 - Buy Once Bullish Harmonic Pattern Completes
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Gartley Pattern completes if Index halts close to 15565 (Target 2) mentioned in Plan 1.
Bat Pattern completes if Index halts close to 15505 (Target 3) mentioned in Plan 1.
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Thanks for your precious time. Wishing all of you happy weekend.
MOTHERSON : Bearish sequenceGo long if price holds the level of 205 for target of 220/225 . Later Sell the stock facing resistance near 225 area.
If prices failed to cross 205 & later breaks below 195 then go short for the target of 180's & 175.
CRUDE OIL : Corrective sequenceAfter a lot of choppy sessions & an upside move , crude struggled the level of 64.5 $ & bears took control over there. As per the current structure we can anticipate a zig-zag correction having wave B completed at the level of 64.4 $ . We expect a downside movement to break the level of 57$ at least. The key level should be watched 64.5 as the SL,
Nifty C wave Pending of FallNifty short near 14730-40 zone where 2 of C is expected to complete with SL 14780.
Or on confirmation fall 14649 break for downside target 143360-200-100
3-4-5 waves are imaginary and can change
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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NIFTY: preparation of a zig-zag correction ?Nifty can repeat the fall of september again which was in a form of zig-zag having the initial run as leading diagonal.
Trading strategy :
1. Buy nifty on dips for target of 15000-15050 , holding 15050 can extend to 15200-225. maintain SL of 14465 on the downside.
2. As soon nifty reaches in the resistance zone and starts rejecting then , create sell position close to 15250-300 with SL of 15350 for the downside objectives of 13700-500 .
TITAN: Bullish Sequence investment pickThe sideways price action suggest that the stock prices are into a correction & once the corrective price movement completes the rally should resume to the upside again.
One should invest in the stock following buy on dips strategy till 1350 levels maintaining a sl of 1200 for targets of 1800 /2000 into coming months.
Dollar Index -(Rise & Collapse-Part 1) Proposed Ending DiagonalDebut Idea for Dollar Index
Shown in oval shape was 1st leg of the triangle which topped out at 103.82 Published on 24th April 2016.
Proposed triangle for wave-4 ( currently we are in final leg- expect rise holding above 89.20) & later "collapse" in wave-5 ( proposed ending diagonal)
24th April 2016 (Click the Idea)