TREND ANALYSIS & TRADE SETUP 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
Good morning everyone.💐 To watch #Nifty50 Resistance level -- min 11467 to 11535 Support levels -- 111377, 11345
An update of the chart shared earlier. Looking for reversal around 21900-22000. Disclaimer - Elliot waves are quiet subjective and not a trading system. Structure can change based on moves and sub-moves
With almost flat opening, Nifty continued with Wave 3 of impulse till 11322 levels and gave an extended flat correction before continuing its journey to Wave 5 .. the extended flat correction which corrected till 11291 was a strong indication that ongoing momentum was bullish and Wave 5 would a strong bullish wave as well ... That was second good long entry point...
As shared in yesterday's idea, HDFC gave a good bullish movement today... As discussed earlier, SL was 1020 and HDFC opened at 1028 and went down till 1022 (day's low) ... This pullback was an ideal buying opportunity for today ... From 1022, it was a pure impulsive wave till it attained day's high of 1061, a move of approximately 40 points ... Long term view on...
ANDHRA SUGAR held the support zone. Bullish candle stick pattern "HAMMER" confirmed by higher close. Levels mentioned on chart. Given targets seems achievable. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’. "Trade what you see, Not what You Think" Happy Trading(:)
Today Nifty opened gap up and invalidated assumption of impulsive down moving Elliott wave. At gap up 11248 it confirmed since wave 4 touched wave 1 now its forming a wedge or parallel channel. Where wave 4 should end near 11268 which is 0.618 fib level. Next fib 0.786 11311. Stop loss 11325 Resistance 11270-85 will be difficult to cross. Wave 5 should start...
Expecting some correction after reaching 185
As can been seen on the chart, HDFC bank completed a five wave pattern from 19 May to 10 Jul ... the same was followed by an extended flat correction as marked on the chart... After the correction wave 1 formed as a leading diagonal and its corrective wave 2 appears to be complete ... Wave 3 should commence with targets as marked on the chart ... Expected time...
The correction that happened on 14 Aug, appears to be an ABC correction ... Nifty opened gap up today and was in corrective phase till about 2.15 pm .. wave c of the corrective pattern was an ending diagonal followed by an impulse of almost 64 points ... Nifty appears to have taken support at the vital zone of 11240-11250 level .. It also managed to close above 20...
Good morning Everyone....💐 Discussion Time about #BankNifty50 Hello Everyone! We are going to discuss about #BankNifty50. Bank Nifty likely follow the Nifty...It is also going for Correctional wave of C..We can expect a huge fall after the Trend line Breakout..Can possible to hit the minimum level which is between 20840 to 20650..Major Support level is 21100..
Good morning Everyone....💐 Discussion Time about #Nifty50 Hello Everyone! We are going to discuss about #Nifty50. The market is currently going in a C correction wave.The market is currently supported by the trend line there. If the market break that trend line, we can expect a big decline there. support levels -- 11070, 10988 and 10938 resistance level -- 11270
TREND ANALYSIS & TRADE SETUP 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 5-6 Times
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it. Please support us to...
Nifty formed Parallel channel inside bigger channel and making smaller candles suggesting upmove exhuasted. It formed Contracting Triangle at top of trend and didn't break major resistance 11380. On 14th Aug gave downside breakdown from triangle completing sharp downside of 3rd impulse wave. Third wave completed as you can see it formed Hammer at 11111...
EWT formation... If starts retracing then it can go down till 10,800
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it. Please support us to...
Meghmani Organics Parallel channel Breakout Stock out of consolidation and correction. Green arrow shows three phases of stocks namely UPTREND,DOWNTREND and CONSOLIDATION Currently in Wave C of correction or Wave 3 of impulse which should end near 78 zones. Long all dips towards 60, Stop Loss 49 on daily closing basis Expected positional targets 100, 115, 130+...