After some historic price movement looks like triangle pattern on longer time frame is complete. On examining the waves in smaller TF it looks like leading diagonal is in formation indicating start of upward move. Possible wave count is plotted on the chart.
Disclaimer ----------------------------- 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...
Disclaimer ----------------------------- 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...
TCS to end up move and show some downside levels of 2158-2097...wait for pullback to go short....respect risk
1.Overall Market looks bearish as price failed to cross above 200 MA and it broke Channel support before day's close 2.Support is @ 28600 ,if price manages to go past that,then it might reach 28315 3.On bullish side,price might retrace a bit and rally up-to 28900 In the coming days,if bearish sentiment continues,price might reach next major support which is 28000
SPX - S&P 500 is in the Major Uptrend. . . Bulls Roxx!!! It's just a little retracement Man. . .
Leg a,b,c has satisfied the characteristics of a triangle,this is most probably a triangle. Assuming this as a triangle, leg d will be completed at some 500 level. After leg d is completed, it can be a great opportunity to short for leg e of X/B. after completion of leg e and X/B it can be great opportunity to go long till the wave 4 completes. Keeping...
EURUSD is in the Bullish Trend Now. . . Remember this is just a Correction To The Last 5 Legs. . .
TATA MOTORS is bullish as of now. . . (iii or c)
As per wave count Nifty is still indicating a down fall towards 10552-10502 range as wave (5). one can use 10634 as stop loss for that trade. Have a safe and profitable trading...
Chart says all.....
Nifty achieved all minimum projection and now can correct up to 10595-10483 range. short selling can be initiated after seeing confident pattern with small stop loss for the target of 10594-10483.
Wave 5 and (v) both are in its completion range so buying should be avoided and trade whenever get the opportunity for selling with small stop loss.
Nifty have not achieved minimum target of 10666 which can be achieved in coming sessions. Even if nifty failed to achieve 10666 and came down then 10526-10444 is support range and from this range again Nifty can bounce to 10666 and above. Down side reversal is only possible below 10444.
Target for Wave 5 160-170 Zone in few months from now . Stop loss Below-85 Thanks for watching this video and your precious time.