GODREJ CONSUMER PRODUCT Bullish Sequence, 15 Mins Market Cap: ₹ 105,290 Cr., PE: 58.9 Confirmation to Buy @ 1035 - 1042 Invalidation level @ 1006.15 Swing Target: 1065, 1075, 1100 Holding Period: 1 to 15 days NSE:GODREJCP Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance....
Lupin in wave 2 (correction before a huge move up !!) Buy: 954 or 946 Target 1 -> 1010 Target 2 -> 1050
Copper's long rally from under 2.00 to 4.95 has been stalled and we have had a sideways move for the last few months There is very good support at the 4.05 area, but one of the Elliottwave interpretation allows for a rapid fall to the 3.50 area. What is visible is an a-b-c down move from May to late Jun in Wave A followed by a sideways triangle wave B. If this...
Buy on DIP DIP 1 : 720 DIP 2 :700 Targets: Target 1: 800 Target 2: 860 Long term: 950, 1050 Note: This is for educational Purpose only.
Seems the 4rth wave has ended, and 5th of C is about to start with a target till 840 and protective SL below 754. CMP 768 NSE:AXISBANK
Silver seems to have completed a rather long sideways correction to 21.42 levels. A labelled chart is shown. Yesterday's dip was a 5th wave downside thrust from a 4th wave triangle and found support at the earlier low in Sep '20 If yesterdays low holds, we are headed higher. The Risk to Reward on this trade is worth a bet on. Look for new multi year highs if...
need to wait for next move..... this is for analysis purpose only..
Refer chart for better understanding. Used:- 200EMA FIBONACCI CHANNELING.
In a world that remains confused looking at US market volatility and news flow every day about problems we are missing what the market is doing today. This nifty chart shows a pullback in wave ii that took support on the rising trendline after a 61.8% retracement. Shouldn't this work? Or should we get scared about our analysis because today the Dow is down...
GBPUSD has formed a bullish triangular pattern. Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter...
Nickel has started moving forward since March 2021. It will complete the 5th wave soon. According to Elliott wave projection, MCX nickel can touch 1570 to end the 5th wave. Intraday & short-term traders can buy nickel for the target of 1485.6 – 1506 – 1532 – 1550 – 1570 .
Followup chart Levels as mentioned on the chart with probable Price Action to follow.... 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
Fertilizer stocks on the move. Consolidation happened in Deepak Fertilizer in wave 4 is expanding flat correction which ended at 0.236 fibonacci retracement . Long near 420 with strict SL 380 for 600-640 and if got lucky then extended wave 5 targets of 800 possible. Channel Breakout will give extended 800 target confirmation. DISCLAIMER:There is no guarantee of...
In this post I give a forget of BTC This is only educational purpose Trade is your own risk....
Major hurdle for nifty as of now is 18022 which will act as a major resistance and supply zone
Levels as mentioned on the chart with probable Price Action to follow.... 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
From 17326 (a or i) and (b or ii) is completed at 17610 and 17524 respectively. wave (c or iii) started from 17524 has already achieved minimum projection of 100%. Now 17768-17721 is an immediate support range for Nifty. If trades below 17721 then only negative.