Elliott wave Unbroken rules of impulsive waves It would help you to check whether Any index or stock are in impulsive move or in correction phase. Simple but the basic rules. Simple method will improve your view towards market. Watch and learn.
Short can be initiated subwave C of for major wave 2 for cycle started from covid low.
NSE:NIFTY seems to be completing ABC correction. The shorts must be squared here. Likely chance of resuming an uptrend.
The global market indicates a negative start. the market nature is bearish to slightly bullish. market may start with a gap-down. if the market takes a pullback around 78%, then we will expect a minor pullback that will reach min 23 to 38% fib level. At the same time that's a reversal zone, so there will we expect 5th wave. on the other hand, if the market...
The global market indicates a negative start. market nature is bearish to slightly bullish. market may open a gap-down, and if the market takes support around 38% then we will expect a pullback. On the other hand, if the market breaks the 38% with consolidation, then it will fall further with 5 wave structure.
The global market indicates a negative start. market nature is bearish to slightly bullish. market may open a gap-down, and if the market takes support around 38% then we will expect a pullback. On the other hand, if the market breaks the 38% with consolidation, then it will fall further with 5 wave structure.
TF - Monthly - Aditya Birla capital had broken out descending trendline at 80 . But, due to supply pressure, it couldn't make a new high again. It ends up making the same high(double top). AB CAPITAL has made a monthly consolidation range of 139 - 95 As per the monthly chart, AB CAPITAL can take support from 78.05 . Three reasons to consider this level:...
DO PNB DESERVE A PLACE IN PORTFOLIO? As everyone is mad with the behaviour of PNB, and with all the projections of it becoming zero, I feel it's my responsibility to add my bits. well PNB is not a stock for weak hearts to stick onto. It has underperformed our banking cycle. with all the boom and busts in the economy, PNB has resulted in losing its market cap. Can...
IDFC 14 dec 2022 Swing Trade +4% to +6% Upside Potential Clean Breakout with good volume is seen CMP 84.75 Trade can be initiated for Target 87.50/89.50 with stop below 83.50 Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
Levels as mentioned on the chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
HDFC Bank CMP 1660 Breakout & Retested the zone Looks good for an upside potential of +2.28% Trade can be initiated for a target of 1694 with stop 1640 Trade can be above 936 with a stop below 930 for a potential Target of 939-943-947-950 Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect...
14 Dec 2022 Nice consolidation for past 2 weeks can be seen in the stock, 936 zone is respected for the said period, likely BO Trade can be above 936 with stop below 930 for potential Target of 939-943-947-950 Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
Eichermot can go long wave 4 seems to be completed, as wave c looks diagonal and breakout has happened, can retest but high possibility of going long.
The global market indicates a positive start. market nature is bullish to neutral. market may open a gap-up and after the gap-up,if the market rejects the harmonic zone then we expect an ABC correction structure. On the other hand, if the market maintains the zone, it will continue to rally.
The global market indicates a positive start. market nature is bullish to neutral. market may open a gap-up and after the gap-up,if the market rejects around (44067 to 44155 ) then we expect an ABC correction structure. On the other hand, if the market maintains the zone, it will continue to rally.
SBIN 13 Dec 2022 Stock is in a consolidation zone for the past week, likely BO from 619-620 Summary CMP 615.80 A week of consolidation Price compressed Nice Big Bull candle at closing Conclusion Trade can be initiated for 1:3 Reward with stop below 609 Potential Swing Target 630/640/645 Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE...
The global market indicates a positive start. Market nature is neutral to bullish. Market may open a little bit gap-up. If the market rejects the Hsz, we expect a minor correction that will take at least a 23 to 38% fib correction. On the other hand, if the market breaks the previous day's minor low, we expect a range-bound market to correction.
The global market indicates a positive start. Market nature is neutral to bullish. Market may open a little bit gap-up. If the market rejects the Hsz, we expect a minor correction that will take at least a 23 to 38% fib correction. On the other hand, if the market breaks the previous day's minor low, we expect a range-bound market to correction.