NIFTY spot chart is showing good impulsive moves, This week's price actions are adding good confidence to the view that a new upward trend has started now.
We should continue higher as long as support near 17003 holds it can head towards 18170 next, and break above 18170 can move towards more north direction like 18761 and more,
Wave counts are suggesting same and...
GUJGASLTD expecting rise of about 20-25%, Wave C is ended which is also a end of larger Wave 4 possibility of going upwards to wave 5 can go 975. Please take in consideration if it goes below invalid level i.e. 477.55
Note - View's provided are for Educational purposes only, please do your own Research.
Prediction: Expected min 20% steep rise in upcoming days. As per the chart, diagonal pattern is formed in daily TF and also a smaller diagonal was formed at the minute wave 5 where price has given a breakout. Aarti drug has corrected almost 58% from its High.
Note - View's provided are for Educational purposes only, please do your own Research.
After sideways correction, Recently Silver started new impulse move, and now setup suggests that probably wave a-b-c decline in wave ii is complete,
Silver retraced nearly 61.8% of the recent rise, also retested its triangular breakout point and recovered sharply.
Once it gives positive close above 0-B trendline (purple resistance trendline) then it confirms that...
Key Level: 4475 & 5013
Apollo hospital had completed Impulsive wave ((3)) at 5935 and started corrective wave ((4)).
If the price breaks the H-line , traders can sell for the following target: 4437 - 4356 - 4239 below. These are the price levels where the price can u-turn for an impulsive wave ((5)).
A corrective wave is the construction of a three-wave...
Above is the view of #ASIANPAINT which can go downward from 3100-3120 range, of smaller blue Fibo 0.786 as one can see in above chart,
Also which can be the area to short the price & start of the 3rd mini wave of minute wave 5 .
Please take in consideration, If the high i.e. 3163 is broke then the counting is Invalid.
Note - View's provided are for Educational...
Stock is rising in impulsive manner. We can clearly spot impulsive nature of price action. Currently we can expect the 4th wave completion & the stock is rising up into its 5th wave.
One should buy the stock with SL OF 610 & look for the target of 900-980 zone.
Gail looks to have come out of wave 4 and now making leading diagonal for starting wave 5.
Leading Diagonal chart as below
Upside potential of almost 60% expected targets near 230. One can look for lower target as well of 0.618 extension near 190.
Details of entry exits and targets as per charts.
DISCLAIMER:There is no guarantee of profits nor exceptions...
Nifty is in complex correction going upwards from 15671 low which is called as wxyz correction.
From low of 17006 nifty started final wave Z of which A and B looks completed today near 17199.
Tomorrow it should start fresh up move after breaking 17308 immediate move is expected towards 17500.
Z wave should end near 17800.
Conditional entry above 17308 with...
Nifty is forming a bearish engulfing pattern on the daily time frame chart, and the price also declined from the control line of the parallel channel.
If the price sustains below the previous trading session, we can see a bearish move for the following targets: 17008 - 16867 - 16760.
Previous chart:
Selling Targets:
TP 1: done
TP 2: done
Key Level: 3631
Quick explanation:
Bajaj auto has started rejecting demand pressure.
Price is bullish above pivot level 3629, But if the price fails to break the crucial pivot, traders can go short for the following targets: 3573 - 3441 - 3345.
Detailed study:
Bajaj Auto has been forming a downtrend channel for more than 14 months. It has created an...
This stock has given good breakout on daily time frame as well as on weekly time frame, along with a good intensity of volume,
this is a newly listed stock and it is moving up impulsively, RK's Magic indicator is also suggesting to go long for forthcoming weeks,
Overall Wave Structure is also suggesting same on weekly Charts, all trend indicators are also aligned...
Stock on weekly time frame has given flag breakout and looking bullish.
MACD has given positive crossover above zero line and MACD histogram also turned positive which are signals for upside
Expecting wave 5 to extend more than 0.618 Fibonacci levels.
Entry SL and targets are as per charts.
DISCLAIMER:
There is no guarantee of profits...
Reliance has given breakout of resistance trendline on daily chart along with very good intensity of volume, also it has been closed above 20WMA (Weekly Mid Bollinger Band)
in addition to this macd in weekly is about to turn positive and daily has done positive crossover few days back, which is now uptick above zero line.
Possibly wave 3 of 3 can now unfold. On...
BankBaroda has posibly started an impulse towards north, recently it has retraced 61.8% of last rise, which we can say wave 2nd of some degree has been completed near 92 level, we can assume that now new impilse as a wave 3rd of some degree has been possibly started, which can show levels towards north upto 144 or more, trend indicators are also suggesting same,...
Nifty came up sharp 1000 points from low of 16671 in just matter of 3 days.
Wave B looks to be triangle consolidation and has went max 0.236 fib retracement now to break it gap up opening needed.
Wave C minimum expected to go 0.618 Fibonacci extension then next 1 extension near 17500.
DISCLAIMER:
There is no guarantee of profits or no...
