Trades must active after a clear sign: 1. sell @418.2 2. sell @416.8 Potential Target: 409.35/401 and 395.9 Stoploss should be 420.1 above TF - 4hrs: Daily Chart TF:
Tata Motors after Mar 2020 low 63 moved up by making wave 1 as leading diagonal Next sub impulse wave (1) and (3) were normal waves without extension. So (5) was explosive up raising 300% or wave (1)+(3) at 357. After 357 high it retraced very small portion 0.232 Fibonacci level or 23% which is common in case of wave extended wave. It appears to be making cup...
1. DXY is currently reversing and resuming in larger wave 3 2. VIEWS invalidated below 88 $
Bank nifty going through triple zig zag complex correction and there is another 1000-1500 points correction possible towards 0.618 Fibonacci level. With sharp recovery from 33909 its unclear if its A or Z wave completed already and new impulse started? Monday will give Clear picture if its not able to cross channel top 35000 then we can expect C wave of Z to...
In my opinion, the last fifth wave will be the kiss of death. Next week will be the last week that shows everything for bull and bear. The weekly chart indicates that ''kiss of death'' will be seen if this rising wedge breaks below! But long positions can be worked for short term for 5th wave. Not financial advice (Yatırım tavisyesi değildir !)
FX:AUDUSD Forex Update: How to know if support or Resistance will hold for AUDUSD, or will it go sideways from this levels.
Perfect formation of Elliott wave theory.
nifty has started 4th wave and it likely to an end around 22 nd to 24 th june . 4 th wave usually retrace 0.38 percent of 3rd wave( if previous trend is very strong) or 0.50 percent and it helps us to predict correction date roughly and price . whatever comes around 15350/15400 good price to go long .nifty may give us new high after 27th june . do not sell at...
The wave clean and clear. The price is trading for wave 4 corrective of ((v)) impulsive wave. The long Entry can be as counter wave 4 sub-wave and the main trend is up. For the Entry level, we have to move lower TF.
NSE:NIFTY Short Term Elliott Wave view in Nifty October 2020 low is unfolding as an impulse Elliott Wave structure. Wave (4) is currently in progress next support is likely placed at 15233 level, Fibo 38.2%
If wave ((4)) is completed at 2816 then we are on the (2) wave of wave ((5)) or We are still on the sub-waves of wave ((4)). stay tuned for new Update.
After a good rally from the bottoms , stock has went into a consolidation forming a triangular structure. one should buy the stock with sl of 210 & look for the tgt of 230/240. The minimum target should be a poke above wave iii highs .
nice long term and good fundamental. this is my view only for education purpose and im not a SEBI registered advisor...
A triangular formation , expectation of getting all time new highs. Buy on cmp, add on dips , maintain SL of 125 & look for tgt of 180 zone.
I would love Deepak Nitrite to fall within previous wave iv of one lesser degree at 38.25 . Becoz the waves are still in making . Explained in the chart . Regards
Always beware of a corrective ABC pattern when a stock is below its previous highs in a bull market . It is tradeable but not buy and hold. Expalined in the chart . Regards