Good morning, friends! Here are the directions for April 10th: There have been no changes since the last session. The global market trend is still moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a bullish trend. It might open with a slightly neutral to a gap-up start, as suggested by Giftnifty, showing a +60 point...
Banknifty also has the same structural sentiment; it has closed at the Fibonacci level of 23%. If the market opens with a gap-up and sustains it, then we can expect the rally to continue with minor consolidations. In that case, we can expect a minimum range of 49,021 to 49,183. Alternatively, if the gap-up doesn't sustain, we can expect the Fibonacci level of 38%...
Nifty to hit 22550 - 22450 on 10 April. Elliott wave analysis
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Monthly analysis of AUD/USD suggests we may see around 2000-3000 points of 3rd wave in coming years. 3rd of the 3rd is under progress if the low will not break the downside. If everything is as planned then we may see 0.86 soon .
Banknifty didn't match the performance compared to the nifty. However, it also has some bullish sentiment, so if the gap-up sustains, we can expect a rally continuation with minor consolidation. The reversal will be considered only if it breaks the Fibonacci level 38%, while if it rejects the major resistance level. An alternate view indicates if the gap-up...
Good morning, friends! Here are the directions for April 9th: The global market trend is still moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a bullish trend. It might open with a slightly neutral to a gap-up start, as suggested by Giftnifty, showing a +60 point. Nifty made another new high yesterday. Structurally, it...
Good morning, friends! Here are the directions for April 8th: The global market trend is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a still moderately bullish trend. It might open with a slightly neutral to a gap-up start, as suggested by Giftnifty, showing a +40 point. Nifty has a consolidation structure, so if...
Banknifty has a solid bullish structure, so if the gap-up sustains, we can expect a minimum of 48796. It's a major resistance, so if the market reaches this level solidly, then the market may break this level with minor rejection. On the other hand, if it reaches this level with a minor pullback, then the market may retrace a minimum of 23 to 38%. Alternatively,...
#Bitcoin Elliott Wave Analysis CRYPTOCAP:BTC According to Elliott Wave counting, if things go as predicted, we could see prices hitting $160,000 to $180,000 really soon RT/Like if you Agree with My EW Setup NFA #BTC
LIC Housing Finance: A Bullish Outlook with Elliott Wave and Strong Fundamentals Investment Thesis LIC Housing Finance (LICHSGFIN) presents a compelling investment opportunity based on both technical and fundamental analysis. Technical Analysis: Riding the Elliott Wave Employing the Elliott Wave theory, LICHSGFIN appears to be in a strong uptrend. Currently, the...
Good morning, friends! Here are the directions for April 5th: The global market trend remains bearish, supported by the Dow Jones, while our local market sentiment indicates a still moderately bullish trend. It might open with a gap-down start, as suggested by Giftnifty, showing a -110 point. Nifty broke the all-time high after the long consolidation in the last...
Banknifty, as usual, has followed the same sentiment of Nifty. If the market finds support around the minor demand zone, then we can expect a range market. On the other hand, if it breaks or consolidates around the demand zone, it may continue the correction.
Overview: Reliance Power Limited (RPOWER) has recently exhibited significant price action, forming a cup and handle chart pattern, which typically signifies a substantial bullish trend. Coupled with strong volume and positive indicators across multiple timeframes, the stock presents a compelling opportunity for investors. Cup and Handle Pattern: The cup and...
The VNINDEX is currently experiencing a strong upward trend. Short-term analysis suggests there will be a correction, but the price increase will soon resume. Traders should wait for a favorable position in trading.
lt is heading for the 3rd wave. the impulse is incoming with cup and handle pattern.
Good morning, friends! Here are the directions for April 4th: The global market trend remains bearish, supported by the Dow Jones, while our local market sentiment indicates a still moderately bullish trend. It might open with a neutral to gap-up start, as suggested by Giftnifty, showing a +60 point. Nifty - structurally, there have been no changes; the market is...
Banknifty maintains the range market structure, so if the gap-up sustains and breaks the fib level 78% on the upside, then we can expect the rally to continue. That may reach the supply zone. After that, if it consolidates or breaks that level(SZ) then we can expect further rally continuation. However, if it sharply rejects(around the SZ), then it may retrace a...