In Market when your analysis Goes wrong many geos in to Panic , few take voluntary stops and few hedge with Options and try to save them self the Question is do professional do errors ? The answer is very Much Yes , we do make mistakes , We do take wrong trades , Then the Question is what is the Professional response or approach for such errors ?? An...
ONE SHOULD NOW GO LONG AS OTS ELLIOT WAVE PATTERN IS ALMOST COMPLETED NOW. WHICH COULD LEAD TO TREND REVERSAL
Leading Diagonals have 2 forms or shapes which is rarest of patterns seen in the markets 1st form - can be 5-3-5-3-5 structure (upside or downside) 2nd form- can be 3-3-3-3-3 structure (upside or downside) Bank Nifty ( Possible 2nd form) unfolded from 24th March 2020 In the current scenario ( a possible example of 2nd form i.e. 3-3-3-3-3- could have...
After a recent high of 11800 , nifty has given a fall to the level of 11185 with a pattern called a LEADING DIAGONAL. Leading Diagonal is formed when a new trend is going to start or at the starting of a ZIGZAG CORRECTION for the prior move. As per the current structure , we can assume it is going to have a zigzag correction. Trading Strategy: Sell in the...
The stock market it self is full of self claimed pandits , neither they have track record not they have bank balance but in their life they want to be called as pandits , they want public money as subscriptions Because of which Many institutional get benefit at free of cost , thanks to Self claimed pandits , they provide high liquidity to institutions at...
TATA COFFEE : The stock is travelling in a impulsive channel & currently the wave 3 is unfolding. As per the internal structure we can clearly see that, the wave 3 is being extended & look like it has completed its 4th of third wave. So we can expect an upside move in the stock to complete its 3rd wave. One should look buying opportunity if the prices sustain...
DISCLAIMER:There is no guarantee of profits or no 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 investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial...
ANALYSIS MENTIONED ON THE CHART
One of the Most Interesting Point Observed by R N Elliott is Behavior of Mass psychology during formation of Top or Bottom During Ending of Trend the entire Crowd is Bullish and they are so bullish that the Options seller for PE are selling Options @ throw away price and CE options are sold at Highest Premium ever it can be sold , Open Interest, Sentiment...
DISCLAIMER:There is no guarantee of profits or no 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 investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial...
M_M making 5th wave of Elliott to complete wave 7th/ Wave - B (corrective wave) of whole cycle so buy above this consolidation phase @ 655 ---------------------------------------------------------- ________________________________________ intraday target 1 ---- 664 intraday target 2 ---- 672