A perfect example to learn how trailing stops help Be Proactive Trader Better Insight, Better Trade Execution Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG'' "Always Respect Risk" Happy Trading Jai Hind
Nifty closed below 17593 which is immediate breakeven point for downside. In this video I have explained latest Elliott wave counts from daily chart to 5min chart. Kindly watch video for better understanding. Thanks for watching
All details on chart wait for Confirmation entry and then long with proper stop loss as per your risk capacity DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past...
A multi-year analysis of the Nifty 50 index from its commencement to date. - Mwise.in
Do you ready for correction in NIFTY 50? The Wave (iii) almost moved into the "Ride Extended" wave. The price expecting correction(fall) very shortly after completing wave(iii). In the Corrective-Phase, you have 3 patterns: 1. Flat, 2. Zigzag and, 3. Triangle. I've applied here "( CHANNELLING )" which is one of the techniques to determine the upcoming...
zeel is entering into a good buy zone... there is lot of chance for doubling for longterm. accumulate as per your financial advisor ... there is a chance for a hard hitting my be because of the fundamental facts....... disclaimer. im not a sebi advisor. this chart is shared in the perspective of education view.
Refer Previous banknifty analysis below. Banknifty today started wave 3 which clearly visible with bullish candlea getting formed tomorrow gap up most likely to happen. Internal iii of 3 looks to retraced 0.382 fibonacci which is irregular correction on 5 min chart. Internal Wave iii of 3 reached 1.618 fibonacci level which was day high. So now wave v of 3...
If you ask why Wave 4 (in blue) is deep almost touching Wave 1 then that's based on Elliott wave Alteration Guideline. Wave 2 was flat so wave 4 will be zig zag and went deep. Rest all stuff explained on chart. DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my...
Nifty broken all the resistance levels which we have mentioned in our last update. Updated Elliott wave analysis explained in this video. so kindly watch video carefully. Thanks for watching
Crude oil has started moving forward since May. It will not stop here. It's just a WXY correction. According to Elliott's wave theory, it has completed the sub-wave under the 4th wave. It's consolidation time. Crude oil prices may fluctuate between the range of 4000 - 5400 . Hence, long-term investors can keep buying crude oil. So, what about short-term...
NSE:NIFTY - Nifty index looks almost at the verge of extended 5th wave and showing sign of rejection at higher levels. Nifty is following a parallel channel and has broken short term bullish dynamic support. - Based on the Elliott ABC correction waves, NIFTY can correct to highlighted levels in the medium term.
17-08-2021: Brigade Enterprise > Breakout Retest Done > Taking Support at 21 EMA > Wave 5 Pending > Clean Price Action (Smart Money Bought The Dip around 300) > Target 370-390, SL 290 DCB
Banknifty looks bearish Confirmation signal Dancing lady power pattern Market lies at supply zone Market can come to fill the gaps Market will face strong resistance at all time high authentic zone Alll the details is given in the chart Please follow risk to reward Do your own analysis . It can be wrong It is only for fun😄 Thanks you
Stock seems in impulse wave 5 and the previous supply zone should act as demand zone on retracement. That would be good entry for 0.618 and 1 fib level target as shown with fib low level as stop loss.
After a 5 wave advance the Nifty PSE index , is making a higher high. The implications are that the move upwards is not over and extending into multiple legs. 13 waves or 17 waves only time will tell. We know that it is not over and that is a good starting point.