Auropharma - Top or Trap at 700 !!!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 evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
------------------------------------------------------------------------------------------------------------------------------
Trading Strategy
Plan A -
Moving Above 700 -Expect 730-740 as Target zone next
Plan B -
Stopping close to 740-750 - Selling can be expected but these are aggressive selling & stops are extremely tough to suggest until last moment - Once selling starts holding below 740-750 zone - we expect downside targets as
700 / 660-665 / 615-625 / Only going below 600 - Expect 565
Plan C -
Crossing above 750 & Holding above 750 - look for 780-810 zone as Target zone
Plan D -
Taking Support of Trendline (weekly chart) - close to 550-565 zone - Expect stock to push upside for 625 / 660 / 685-700 / Above 700 for 740 / Above 750 for 790.
----------------------------------------------------------------------------------------------------------------------------
Last Video Idea Link - Is it Ready for Explosive Journey
----------------------------------------------------------------------------------------------------------------------
Thanks for watching the video & your precious time.
Elliottwaveforecasts
Bank Nifty Price Movement - Bearish1.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
Strides Pharma trade setupLeg 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 probabilities in mind and considering that this is not a triangle, we can assume that leg X has been completed instead of leg c of a triangle, then leg d can be a leg a of Y of 4, which can be still a great opportunity to short for wave b.
If a triangle forms, then most probably, it will form a EX-flat structure of wave Y (just smaller degree of wave 4).
All the targets, SL and entry point will be in smaller time frame keeping internal waves in mind.
Nifty Elliott wave analysis for 16th Nov 2018Nifty 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.
Nifty Elliott wave analysis for 14 Nov onwardAs expected wave (iv) completed as irregular correction at 10440. Now wave 5 projection range is coming at 10666-10803 which can be achieved in coming sessions.
Tomorrow intraday buying range is coming at 10571-10555. If Nifty breaks 10596 in opening only then buying range will change according to that but if nifty enter in 10571-10555 range without breaking 10596 then buying can be done with stop loss of 10540.
Start of the next IMPULSE!!!!Hello everyone,
I've been looking for short move since 2nd week of the September. As shown in chart price is showing sell sign by divergence On RSI and MACD both.
When price move forward in our forecasting direction then Move SL past the entry. If it's not the move down then we again look for the sell opportunities.






















