In 1hour chart of nifty we are expecting final abc decline on down side to complete triple zigzag correction. And in 15min chart 14517-14552 is an immediate resistance range and if trades above 14552 then only positive. for detail understanding kindly watch video. Thanks for watching
After the five wave rise stock has given a 3waves corrective move in the form of wxy. Considering this correction as a wave 2 completion on larger degree, one should go long on current levels keeping SL of 170 & target for higher in 5 wave impulsive rally. the immediate target should be 220/240
Look for a strong upmove the next couple of days as Copper heads out of its sideways triangle pattern. At present the triangle seems complete and the next wave upwards is in its early stages.
Nifty completes ABC and retraced 78.6% back to the gap support at 14421. All good to resume the uptrend unless we get a 5 wave decline. 3 wave declines are counter-trend and that means that the larger trend is up
This is internal move of nifty we can call iii of 3 completed at 15044. Wave ii was shallow and complex Wave iv is zig zag retraced nearly 0.618 Fibonacci Reversal expected near 14605 Stop loss is top of wave i which is 14557 wave v of 3 is expected to go towards 15120 levels DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical...
Nifty has completed a leading diagonal 3-3-3-3-3 structure and a zigzag B wave @ 15050.The Next Wave C will end at 13500 Levels this series.
L&T FH - Buy and hold for 50% return.. Target - 113, 139 SL 82. Risk is 5 rupees and reward 50 rupess RR : 1:10 #L&TFH
All analysis visible in 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 research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is...
In this video one can learn a lot about elliott wave counting as specially when one pattern is violated, that is what happened today as we were expecting triple zigzag pattern ended at 14151 but after breaking upper wedge line price breaks the same wedge line on down side which violated the pattern. Now what next is explained in detail. Thanks for watching ...
Nifty given very good up move as of now from 14273 as we were expecting in our previous videos. Now after breaking upper wedge line nifty need not to break the same wedge line for up move to continue. In this video I have explained detailed wave count from recent low 14151. Thanks for watching
LIKHITHA - Exit and Sell Zone Wave 5
Go long if price holds the level of 205 for target of 220/225 . Later Sell the stock facing resistance near 225 area. If prices failed to cross 205 & later breaks below 195 then go short for the target of 180's & 175.
A bullish continuation triangular structure is spotted in the stock NMDC. Go long on current levels & add on dips , maintaining the SL of 137 & look for higher targets of 157
Taking support & bouncing back from the region of 4350 area , stock is ready to move up in fifth wave for a new high again. Buy on dips keeping SL of 4900 & look of target of 6000/6400
After an ending diagonal with clear five wave structure the stock prices has fallen swiftly down to the level of 582. This can be termed as wave a for a larger flat correction. Sell near the level of 640 for downside target of 600/540