analysis mentioned on he chart.
from low 11325 Looks like a corrective pattern is forming so 11560-11615 is resistance range.
We expected a gap up opening, however Nifty opened flat .. However, the market headed in the same direction as suggested in yesterdays post.. Moreover I had also mentioned that, in case of a volatile market, we may able to witness the first leg of next impulse post completion of correction .. Nifty after correcting till 11430 level, commenced its next impulsive...
Levels as mentioned on the chart Pattern to consider in the above view Triangle pattern & parallechannel
ULTRATECH CEMENT held the Symmetry zone. Lower price rejection seen near Symmetry zone and formed a Harami candle . Levels mentioned on chart. Given targets seems achievable. 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(:)
Trade with caution Minor rally to test 31st Aug 20 high could be possible...Big picture can be seen in the chart above with levels mentioned for reference.. ..... 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...
What Nifty has been witnessing since 27 Aug is a correction and the same continued today as well ... Hopefully expecting the correction to complete tomorrow ... Presently, my overall view on Nifty is bullish ... The zone of 11530-40 is critical and Nifty took resistance from there today ... Expecting market to open Gap Up tomorrow, probably at the zone itself ......
TREND ANALYSIS & TRADE SETUP TRIANGLE CHART PATTERN !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. August Series Option can be traded. Wait for entry setup, if available then Long/short. Reward is 8-10 Times
Bank nifty sharply corrected today after extending wave 3 exactly 2.618 Fib level. Today it corrected to 23385 which is near to 0.5 fib levels 23250. Closed above major support 23605. Based on this we can conclude that despite big fall it didn't break impulse wave structure and likely to go up. This analysis will be invalid if touches 23211 then we may be...
BUY ONLY IF THE LEVEL OF 480 HOLDS FOR THE TARGET OF 520/545. AND Finally reverse the position for the retracement of this extended rally for the target of 450/400/370.
Today's move created a new wave-c of wave-2 . Still the bias is for downsouth as wave 3 going to unfold. Refer to the last update attached in the link.
Elliot wave formation with top head and shoulder . ------------------------------------------------------------------ ______________________________________________________________ it is making 8th wave according to Elliot wave theory sell @145 target will be our next support which is...
Stock looks bullish with Impulse 1 and 2 completed and started Wave 3 broken high of wave 1 All dip towards 1565-1500 long opportunity Stop Loss 1180 on daily closing basis, target 1990 short term. Disclaimer: Mid cap share so don't invest too much capital in it. This investment may not be suitable for all investors or analysis can be wrong so ask your...
now in 8th wave of Elliot and made ahead and shoulder pattern at top . ------------------------------------- ________________________________________________________________ if it breaches itss neck line @ 145 then sell it below 145 for target - 135 which if next support for manappuran _______________________________________________________________
After giving a huge upside rally, tesla is about to lose its pace as it has reached in the last phase of a five wave structure. The fall will begin soon as a corrective downside journey. The target level can be expected to the previous 4th wave.