TAKE LONG POSITION @ 5600-5800 $ LEVELS TARGET 12000 $
#DRREDDY CASH (24 JUNE 2018) DRREDDY CASH LOOKS GOOD ABVOE 2365 FOR 2388-90/2425/2460 FINAL TARGET 2460-65 CMP 2336
The 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...
The price reached $ 8,438 or 38% Fibo. Possible slight corrective drops. Support at $ 7,506 must withstand the pressure of supply so that the gains are still in play.
#NIFTY #ELLIOT WAVE ANALYSIS .......... This 1st preferred view of Nifty. The very next step of Nifty is towards the end of wave (iv) as the completion of "e" near 10500-600 lvl and than will complete the 5th impulse wave .
In this idea, I delineate some ranges for a leg up if this ABC pattern in which we currently are closes with a bullish double bottom.
#BHEL .... #EW.... BHEL is heading towards the 87 cash lvls..... than after completing Wave B .... it will head upwards to 99 level.. and wave (iv) will end.
EW analysis shows that sub wave 5 of sub wave (3) of wave is going on here. probable tgt of wave 5 is 245 - 255. long term tgts can be 290 then 370.
EW analysis shows it is in wave in longer time frame. Currently sub wave 5 of sub wave (3) of wave is going on here. probable target for sub wave 5 comes around 140-150 levels. long term tgts derived from fib projections are here,
EW 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).
in monthly, voltas is in wave 3. if we check the fractals of wave 3, then we have 2 scenarios. 1st scenario - wave (iii) of of 3 going on. 2nd scenario - wave is going on. Here i considered mar - oct 2016 rise as 3 wave. in either case, voltas got ew targets of 670+ , so every meaningful dip is a buy. Note: this post is for educational purpose
Dear Reader, The stock of Ajanta Pharma has witnessed a long "Bull Run" since its low of 6.04 made on 9th April,2009, and looks like there still remain space for its bigger "Bull Run" in years to come than what has been witnessed untill date. It will be too early to predict the future price of it as of now. However, I have tried my level best placing possible...
Looking at first glance, I can find that 1-2-3-4 Waves have been made and 5th is runnning. While The secondary waves has also been seen till yet. Expecting prices to trade higher till 5th wave near 92-93 and We can see Primary corrective trend A-B-C till 80 or levels
Hi, As i mentioned yesterday Nifty didn't touch 9018 level, Nifty fell into the range bound for another couple of days. As per Elliott wave count Nifty finish its 5 of 3rd wave and 4th wave would be Range bound. Target for this corrective wave is 8700 - 8692. Its very tight range we can enter BUY on those level to capture the final leg of this entire B wave i.e....
Hi, NIFTY approaching strong resistance zone 8975 - 9018, Wait and sell on 9018 level. If this level is not reached by today we can expect further correction upto 200 points. Today is major GANN pressure date, today we can get reversal on 9018 level. If this not happen means wait for another one month upto APRIL. But long term view market fell to 6725 with in...
Hi everyone, Bank nifty trading near to the medium term trend line. As per my wave count I am looking for medium term reversal. Expecting Bank Nifty fell to 12500 level with in a Year.