Elliottwaveforecasts
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.
Nifty - Can This Be A Wedge? (Target- 15137+ )If Index holds above 14850-1875 zone - it can push & retest 15137+ levels & complete the wedge. Valid only above 14850-14875 zone
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Sell suggested at the tops today in the below mentioned idea comment. Hope You Enjoyed
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15:21 Hrs / 20th May2021
Last @ 14908
As suggested last in morning #Nifty Index has support 14850-14875- Current low – 14885 – Just missed by 10 points but an amazing session today as we together got the fall from 15020’s to 14885 – drop of 125+ points
Hope you enjoyed the session
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22nd April2021 Idea
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Nifty - Bounce & Collapse (Buy & Sell)Buy - Strictly Holding Above 14590 -14600 for 14765 (Target 1) & 14850 (Target 2)
Sell - If Index pushes upside into the zone 14850-14900 zone & halts or stops with strict stops above 15000+ for downside 14590-14600 (Target 1) / 14260 (Target 2) / 14050 (Target 3)
Happy Weekend
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Last Idea
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EURGBP : is this the time to do 1-2-3-4-5 for upside ?After a whole 1 year from march 2020 to april 2021 , the currency pair EURGBP has shown a corrective structure of three waves , Wave- a , wave-b as a triangular wave, and wave- c of impulse decline. The weekly price action suggests that there is quite bullish reversal chances from the recent bottoms. The evidence can be considered with the help of Bullish reversal candlestick pattern : THREE LINE STRIKE , a channel breakout & a higher higher highs & higher lows in the lower time frame.
One can go long on EURGBP for the targets of 0.88 to 0.9 in the coming weeks.
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.