So the markets started falling as projected last week. I detail below my projections for next week. Long Term: The uptrend is intact. The fall in the market is the standard correction after any rally. This particular rally had started in early August. We are presently in time of closure of a number of rallies. The early Aug rally was a part of another rally...
You still haven't lost the chance to buy this! Buy this now before reaching highs! the company is providing world telecommunication! the company's growth and earnings are growing rapidly! MACD bullish crossover! Elliot impulse wave coming! It will go above 1200.00 you should enter at the current price because it will not fall anyway! you will get confirm...
#Nifty has charted a leading diagonal and should surge up in a corrective rally for next few days - largely led by reliance which is expected to burst up from Wave 4 triangle to complete its last leg of the rally as a market leader since Mar '20 The Medium term picture points to a large fall post this rally.
As mentioned earlier, Wave C of the major corrective leg is unfolding.. It appears that Wave iii of Wave C is complete and it’s corrective wave a is unfolding.. Hence wave a may take it further up, followed by Wave b in downward direction and finally Wave c again taking it upwards.. expecting the correction to finish somewhere close to the resistance zone marked...
Levels as mentioned on the chart Followup chart Be Proactive Trader Better Insight, Better Trade Execution Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior at Battle field
NIFTY:- Support seen around 11067-11009 area. If this support held then given targets seems achievable. Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
Analysis mentioned on the chart.
HEAD & SHOULDER pattern shaped up in Tata Consumer. Bearish movement may remain intact. Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
Symmetrical Triangle pattern shaped up in Axis Bank . Decreasing volume pattern seen during the Pull Back Bearish movement may remain intact. Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
Analysis mentioned on the chart. As long as the support holds , the pair should move up for a corrective move as wave 2 .
Last Price- 11050 / 11:27 Hrs / 22nd Sep 2020 Hope You Enjoyed The Last Crack from the Tops of 11600 to 11085 . Some relief can be expected until it holds the channel support at 11085 -day low so far. Stops Below 11085 Target - 11190 / 11250 / 11325...
Based on today's move, have changed wave numbering of the correction as shown on chart ... Wave C of the correction appears to be unfolding ... Resistance and support zone of 11300-11310 and 11155-11140 respectively, has been marked on chart ... If Nifty manages to break the resistance and sustain above it, an upside rally can be expected till 11420 .. However, if...
Observations: -> Elliott wave (5 Wave count) -> Major Resistance at 1972 turned in good support. -> Used Cyclic Timeline (Probably trend reversal) -> Short term major resistance at 2800 ->Targets based on Fibonacci