APLAPOLLO NSE:APLAPOLLO is uptrending stock in tyre manufacturing industry. Considering consolidation from long period since september 21, stock has made breakout today with high volume. RSI is also crossing level of 60 which shows bull are aggressive in buying and seller are requiring premium to sell. looks like Stock has completed A-B-C correction and may...
Natural Gas is looking good to go long as per wave structures suggesting impulse to unfold, with invalidation levels of $ 6.725. RK's mass psychological cloud is also suggesting positive ahead, along with macd positive support. Natural gas had given trendline breakout along with good intensity of volumes on hourly chart. After positive divergence, breakout with...
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...
Nifty is still looking towards south to complete very short term correction. 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...
As per wave structure wave 1 and wave 2 of bigger degree has been completed and now, possibly we are unfolding smaller degree wave 1 of bigger degree wave 3. It has given breakout with good intensity of volumes on hourly chart. Well, Overall crude oil is looking good to go long at these levels with stop loss of $ 85.70, for Targets of $ 90, 92, 93.70, 97.86,...
Gold is near to complete correction very soon but only after making new lows as per Elliott wave counts which are suggesting to go short now, on completion of wave 4 it can be an opportunity to buy at lower prices to ride possible start of wave 5 can make fresh impulsive moves of some lower degrees. Right now it is in sell mode only, and can slide south towards $...
Silver possible wave counts are still suggesting not to go long at these levels, this may correct more, be cautious. Possible Elliot wave counts on weekly time frame macd in weekly is negative Possible Elliot wave counts on daily time frame macd in daily Negative Possible Elliot wave counts on 4 hourly time frame macd in 4 hourly is still below zero...
This is further to my analysis on 23rd August, 2022, where I tried to analyse the index on all time frames. The wave (a) was corrected by almost 38.2% to 17626.55 level. The price further went down to 17499.25 making a 3 wave structure and then extended the wave (a) correction to 17726.5 making wave (b) as complex correction w-x-y. Wave (b) seems to be completed...
Gold Wave 3 ended after Covid Rally at 2075$ then went in consolidation for long time. Wave 4 is in progress which is looking like Flat ABC correction which 3-3-5 waves pattern Wave B retraces 90% of A and then Wave C breaks low of A. Wave C is 5 wave impulse or diagonal structure Wave C in this case could be Ending Diagonal Pattern which is expected end between...
This stock has given breakout with good intensity of volumes, also RK's mass psychological cloud suggesting upside along with buy signal. Overall wave structure is showing that we are in impulse only, In pandemic situation also this stock has not gone too low, it has been out performer and making higher highs and higher low structure. After completing wave 1-2...
This stock has given breakout of typical triangle chart pattern on daily chart, along with good intensity of volumes, this triangle pattern is typically seen at the end of complex correction in wave Z. As per wave structure also it is showing same scenario fitting well, overall if it gives up move as a retracement only up to 61.8% of last fall since November 2021,...
NATURALGAS has almost completed wave B of wave 2, possibly next wave C is ready to start unfolding soon, which can be confirmed by breaking support trendline, which could be aa good trigger point, Once it breaks support trendline then it can slide towards south directions near $ 7.500 zones, where wave C can complete equality with wave A. Negative divergence in...
Here are possible wave counts of coffee on higher time frame to lower time frame like, Daily time frame to 4 hourly and 4 hourly to 1 hourly. Possible wave counts on daily time frame Possible wave counts on 4 hourly time frame Possible wave counts on 1 hourly time frame Most investors treat trading as a hobby because they have a full-time job doing...
This is triple zig zac pattern formation as per Elliott wave
Nifty looks like 3rd Wave just ended & going in Wave 4 which can last for 2 to 3 days. resistance is near 16600 & can take support at 16275 around. Also ichimoku cloud support is nearby 16300 levels From there 5th Wave can start. Also Fed outcome is nearby
Looks Like Indus Ind wave 3 can end here. So wave 4 can take it down to good support of 970 around. From thr it can go for wave 5 to 1070 & 1160 levels..
Gold is showing final leg towards south zone has been started to unfold wave 5, which can probably go near $ 1660. On the way up side $ 1792 is an invalidation level. As per RK's mass psychological cloud also, it is suggesting bearish. once it breaks below $ 1754 then more fireworks can be seen on chart. RK's mass psychological cloud sell activated 4 hourly...
As per Charts Bandhan Bank may have started Wave 3.. above 284 its a good risk reward to buy with targets of 292 300 307 soon