Elliottwaveprojection
Nifty Double zig zag correction Mar 2021Nifty made low 14350(Wave 2) this is nearly 0.618 fibonacci level(14297) of previous rally after budget from 13597 to 15432(Wave 1)
Since correction is deep this is double zig zag correction.
Upper channel line target comes around 15200.
Nifty made Piercing Line candle Stick on daily chart on Friday 19th Mar 2021.
Swing high 15337 break is confirmation of correction completion for 3rd wave least target 16185.
If channel and 15337 is not broken then there is possibility of Tripple Zig zag correction.
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.
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Bata at lower channel lineDISCLAIMER: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.
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Bata trading in corrective channel and about to commence Z wave. If this is corretive wave the will stay in channel otherwise in case of channel break it will be termed as impulse wave.
Support zone 1450-20
Stop loss 1288
Target 1890-1900
Banknifty consolidation Triangle wait for breakout (fixed count)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.
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Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant .
Stop loss 34893
Wait for confirmation close above 36464 for given targets of 38400 and 40k
Banknifty consolidation in Triangle breakout awaitedDISCLAIMER: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.
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Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant.
Stop loss 34893
Wait for confirmation close above 36464 for given targets
If wave 3 extends beyond 1.618 levels then 50k is no big deal.
Nifty zig zag correction C wave 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.
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Can fall towards 0.618 fibonacci level of move 15273-14467
15203 stop loss
Not recommended to take FnO positions based on this analysis
SBI 5th Wave ProjectionDISCLAIMER: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.
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Long on dip towards 370-60
Stop loss 300
Target 500-540
Not recommended to take FnO positions based on this analysis
Tv18 attempting breakoutDISCLAIMER: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.
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Stock can go towards 57. If successful in breaking parallel chennel drawn with big volumes then new lifetime high can be expected.
Long at near 32-33 with Stop-loss 27.2
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)
Nifty possible downside based on Global IndicesDISCLAIMER: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.
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Nifty during after breaking day high in last 1 hour on 25th Feb made 3 black crows on 15 min chart.
It is likely break below 0.236 fibonacci level near 15050 that will be sign of weakness. It will be A Wave.
A bounce back towards resistance 15110-145 again possible as B wave. Going short near this sell zone will be low risk high reward.
Stop loss of this analysis yesterday's high 15177
Sharp downmove towards 14850-750 zones can be expected in wave C
CRUID OIL ELLIOTT WAVE ANALYSIS 22.2.21BUY 58 TO 56.589
TARGET 71
Reason For Buying This Script :
In weekly frame it is forming the Elliott wave it is having good potential to move upward. so we can go for buy.
Now it is in correction mode . Use this opportunity and buy at this levels 58 to 56.589.
once it cross 71 and close above 71 in weekly time frame means next target up to 87 .
Note :
Above given levels are based on weekly time frame . It will take some days to achieve the target, So be patience.
Above given target are in USD .
All the best ...
USDINR- Back to Pavilion - 72.50-73.002nd Target missed by few pips as per last update. High was @ 74.91 & back to 72.50-73.00 zone
USDINR is resting in the most important zone 72.50-73.00 - which is above triangular correction of early 2020 when stocks was about to crack due to fears of covid19.
This zone of 72.50-73.00 is very important- if acts as support & dollar rupee starts moving above 73 mark then it can move to 74.90 / 76.35 +
Note- View not valid below 72.40
Let the markets make first move.
Nifty Bull Run Target That You Won't BelieveSo Nifty going near 20000?? This is the level most of us won't agree but just look at Vertical Rise almost 90 degree when you look at Monthly chart. Off course it will take longer to reach there i don't have timeline nor stop loss. Small Dips will come and go while it goes up bull run just started. Comment your thoughts below.
Counted Nifty From zero for Wave V Extended target, where Wave V will be = Wave I+Wave III
If you count from 279 all time low Wave will be somewhere near 19650.
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.
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Nifty Extended 5th Wave Confirmation on break 15258DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis. Details in description.
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The kind of recovery Nifty gave from day low gives us idea of bulls are still active
So Confirmation of fresh upside 15258 break
Levels on chart marked by arrows 0.618 is easy target extended would be 15730-16200.
HDFC- 2777 Will it Stop!!! • Multiple Tops on lower degree have halted stock close in 2750-2777 zone
• Push Above 2780 – can take stock to new highs 2850/2950
• Careful at the Tops later as current geocosmic signs at the moment may trick you. Always be
cautious & false breakouts & breakdowns are common phenomenon in this period
• Risk Management is most important so traders should know first how to use stops before even they
start trading & use trailing method to protect your profits
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• Trading Strategy
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Plan A –
Buy Above 2780 for 2850 & 2950
Plan B –
Crosses above 2780 & fails to reach the targets as mentioned in Plan A or only partial
target is done at 2850 & drops back below 2780 – Become cautious on long or buy positions-That is
also a plan
Plan C-
Sell below 2600 for Target – 2365 & Below 2365 to 2200 which will be 200 DEMA support
Texmo Pipes Extended 5th waveDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment 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.
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Dip towards 28-27 long opportunity for 38 target.
Stock didn't violated low of each Marubozu on weekly chart so stop loss will be 21.6.
Microcap and risky stock don't allocate too much capital on this stock if you plan to enter based on this analysis.