This stock has given good breakout on daily time frame along with positive divergence in RSI along with macd positive crossover. Also possible Elliott wave counts are suggesting same bias, one can go long with strict stop loss of swing low of 289.90 Overall chart along with possible Elliot wave counts macd positive rsi breakout and rsi positive divergence ...
Reliance trend line break or impulsive rise positive for reliance
Nifty expecting sharp rally upside as reaction C Wave for target 18350-18500
TVC:DJI In Supercycle Degree Wave Five. The Bull Market has long way to go for another 21 years.
NSE:TATAMOTORS Seems to be breaking out in 3rd wave of Bull Market 440 is next resistance to break. Above 440 it will confirm Bull Market in wave 3. Which can take stock to 3x-4x from CMP
Natural gas has completed the impulsive cycle at 801 and started collapsing to form the corrective process. In this corrective cycle, the price has accomplished the corrective wave B and started constructing wave C of normal zigzag correction. There are two reversal points for natural gas: 1) Wave C can occur near wave (4) 2) wave C can accomplish its...
While the Fundamental Analysts might find Auto Valuation High. Auto stocks have much higher to go. Nifty auto index in 5th wave of Bull Market. Fresh breakout in smaller degree wave 3. Auto leading the way higher.
NSE:TATASTEEL Breaking out in 3rd wave. A larger degree wave 3 can take the stock many fold in next 4-5 years. Only if you believe in magic of Wave Principle.
NSE:NIFTY Completed Triple Zigzag Correction form High near 19000 Broader Market stocks are showing strength. Rupee strengthening. All factors pointing out Budget Rally is on cards.
NSE AAVAS accomplished wave (5) of wave C at 1698 and started an impulsive cycle from the parallel channel's lower band. Prices are forming into the downtrend channel, and wave (4) breakout can give a steady uptrend for bulls. Fibonacci Clusters: 1) Cluster range of 1749 - 1738.6 . Trend-based Fibonacci extension of 0.5 at 1749, and 1.618 reverse...
HGS with a good fundamental we can expect a good bull run in upcoming days. still there may be an slight correction pending. It may or may not take place.
FX_IDC:USDINR seems to be forming Truncated 5th Wave. Lot of selling pressure at 83 with RSI negative divergence suggesting momentum Fading. Unless 83 is Taken out on closing basis. It could turn out to be Wave 5 Truncation as per Elliottwave Theory.
Disclaimer There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Wishing You All A Happy & Prosperous New Year 2023 !!! Short Video on Bank Nifty - The last move or idea for year 2022. Last Price - 43115 Trading Strategy Plan A - Important Support Zone 42900-43000 Index taking support...
Disclaimer There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Short Video Outlook on BankNifty Plan A Active & Running as published in last idea of 2022 Last Idea Published - 30th Dec 2022
USDINR possible and aligned Elliott wave structure of multi time frames from monthly to hourly. Monthly chart Weekly chart Daily chart 4 Hourly chart 1 Hourly chart 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...
NSE:TATASTEEL Breaking out in wave 3 of Bull Market. The Rip roaring rally in massive 3 wave can take the stock many fold. Much higher to go in next 2-3 years.
Shooting Star on a 6 months chart of TVC:DXY Is clearly signaling the Crash in US Dollar. Dollar likely to depreciate against major currencies like Yen, Euro, INR It will be also Bullish for Precious Metals and Commodities. And Bullish for Stocks.
NSE:NIFTY Seem to have completed wave 2 correction. And seem to be ready for Wave 3 advance. Abv 18160 we can see rally to 18400-500