Elliottwaveprojection
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.
short trackingwe have a pattern of 5 bullish waves finished that in turn make the wave 1 of greater degree, we come sold from the wave''a ''
(you can see previous ideas)
apart from that we have a pattern three daves in movement and a butterfly that already touched its first tp ..
when the three daves are completed we will have completed the abc retracement and we can take purchases in wave 2
Ethereum #ETHUSD next target is $787The price of the ETHUSD apparently moves towards the level of $ 787, which is the abolition of 38% Fibonacci previous decline. To reach this level, the price must be above $ 712 after the end of wave 4. The closest support for bulls is the level of $ 519 and $ 510.
Breaking the market above the golden downward trend line is promising in itself and may indicate that the downward trend in this cryptovalue has ended.
EW Analysis of RBL BankEW analysis in daily, shows that wave (iv) seems to be over, and wave (v) started.
Also price was in descending channel, then it broke out with good volume, that marked the completion of complex wave (iv) correction.
here 1st tgt - 595, i.e wave (iii) peak,
if wave (v) is getting extended, then we can see higher levels - 640(.5), 680(.618).