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...
SELL ON RISE FOR THE TARGET OF 187. Corrective wave formation a-b-c
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.
Stock looks bullish with Impulse 1 and 2 completed and started Wave 3. Break and close above 82.2 on daily chart confirms up move. All dip towards 80-75 long opportunity Stop Loss 60/58 on daily closing basis, target 130-135 in short term. Long term 250-270+ since fresh rally should break previous high and continue up move Disclaimer: Small cap share so...
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
As plotted on the chart, wave v of wave (iii) is under progress ... Expecting the same to complete at the resistance zone marked on the chart (11730-11740) ... From there, expecting a correction till the support zone marked on the chart (11560 - 11540) ... For Monday, expecting a gap up opening, followed by a rally till 11740 and probably wave a of the corrective wave.
And the markets crossed the 78.6% level in style! The upswing after covid is a trend. Not a correction. A proper trend. Long Term: In long term, the fact that the rebound was a trend is established and the NIFTY breached the 78.6% level of the decline in March. That is bullish. Medium Term: In the medium term, we are actually close to the medium term maxima...
GUJALKALI WEEKLYCHART LOOKS BULLISH BUY ABOVE 390 MAINTAIN SL 315 TARGET 500' 550' 600+
GUJARAT ALKALIES shaped up in beautiful continuation pattern and breakout through neckline with huge volume. Trend seems to 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(:)
Om Namah Shivay Brothers, IndusInd Bank is taking turns like a vertical move. And We are trying to analyse, are there any pre-indication which makes this dramatic call to be predicted. Tried to put the count little differently. Then Tried to understand the big change. Have put one structure. I am a new learner. Experience feedback is welcome. The...