"Good morning, friends! As of October 6th, we have an RBI monetary policy meeting scheduled for around 10 am. Therefore, the technical structure is not as important, as the markets will largely react to the news. These moves may be very volatile, so it's advisable to approach your positions with caution. However, this represents the current market sentiment.
The...
"Good morning, friends! As of October 6th, we have an RBI monetary policy meeting scheduled for around 10 am. Therefore, the technical structure is not as important, as the markets will largely react to the news. These moves may be very volatile, so it's advisable to approach your positions with caution. However, this represents the current market sentiment.
The...
"Good morning, friends! As of October 05, the global market sentiment is neutral to slightly positive, as indicated by the Dow Jones. However, our market trend remains bearish. It may open with a neutral to slightly positive sentiment. Afterward, if it breaks the Fib level of 38%, we can expect a pullback continuation. On the other hand, if the gap-up doesn't...
"Good morning, friends! As of October 05, the global market sentiment is neutral to slightly positive, as indicated by the Dow Jones. However, our market trend remains bearish. It may open with a neutral to slightly positive sentiment. Afterward, if it breaks the Fib level of 38%, we can expect a pullback continuation. On the other hand, if the gap-up doesn't...
"Good morning, friends! As of October 05, the global market sentiment is neutral to slightly positive, as indicated by the Dow Jones. However, our market trend remains bearish. It may open with a neutral to slightly positive sentiment. Afterward, if it breaks the Fib level of 38%, we can expect a pullback continuation. On the other hand, if the gap-up doesn't...
Hello Friends
Here we had shared Educational purpose case study of US Oil (Crude Oil) Technical Analysis, A Low-Risk, High-Reward Opportunity.
Welcome to this educational analysis of US Crude Oil (commonly known as Crude Oil). Today, we're exploring an intriguing opportunity in the world of technical analysis.
In the realm of wave analysis, we've identified an...
"Good morning, friends! As of October 04, the global market sentiment is negative (based on the Dow Jones), while our market trend is moderately bearish. It may open with a gap down. The market structure suggests a sharp correction. So don't expect a pullback without any additional confirmation."
"Good morning, friends! As of October 04, the global market sentiment is negative (based on the Dow Jones), while our market trend is moderately bearish. It may open with a gap down. The market structure suggests a sharp correction. So don't expect a pullback without any additional confirmation."
"Good morning, friends! As of October 04, the global market sentiment is negative (based on the Dow Jones), while our market trend is moderately bearish. It may open with a gap down. The market structure suggests a sharp correction. So don't expect a pullback without any additional confirmation."
#Based on my analysis, we've identified the utilization of Elliott Wave Theory concepts, encompassing Waves 1, 2, 3, 4, and 5, along with the corrective stages represented by Wave A, Wave B, and Wave C.
#The market is currently in a position where it could potentially initiate a new bullish impulse, characterized as Wave 1.
#This bullish move is contingent upon...
2 ideas were emerged
1) it may be a triangle and gave a breakout and doing its retracement.
2) regular flat formation and C wave correction taking place.
i will try to upload the second view in below comment else i will post a different chart.
Elliott Wave Analysis:-
View 1:-
A fall was completed an impulse 1st wave seems to be completed and an correction 2nd wave seems to the impulse was taking place.
If the high 18.85 was not broken then the previous low 8.50 have to break and we can accumulate around 5-7. which will be a safe bet. It has 70% govt holdings. only reason to touch this chart. if...
Elliott Wave Analysis
A correction is taking place and A wave was completed and B wave was a triangle formation.
If it break the 22.11245 then we may expect to 20.62285 - 21.27841.
"Good morning, friends! As of October 03, the global market sentiment is slightly negative (based on the Dow Jones), while our market trend is moderately bullish. It may open neutrally or with a slight gap down. The market structure suggests a ranging market, so it may move accordingly. On the other hand, if it breaks the range, either to the upside or downside,...
"Good morning, friends! As of October 03, the global market sentiment is slightly negative (based on the Dow Jones), while our market trend is moderately bullish. It may open neutrally or with a slight gap down. The market structure suggests a ranging market, so it may move accordingly. On the other hand, if it breaks the range, either to the upside or downside,...
"Good morning, friends! As of October 03, the global market sentiment is slightly negative (based on the Dow Jones), while our market trend is moderately bullish. It may open neutrally or with a slight gap down. The market structure suggests a ranging market, so it may move accordingly. On the other hand, if it breaks the range, either to the upside or downside,...
I think this underrated company currently.
I know this company, physical visited
1st ) It make bromine, demand is good
2nd ) solt demand is also good
3rd ) potash (khad) use in farming demand is not good,
If potash demand up may this company unlock value more faster.
Prons-
Company has reduced debt.
Company is almost debt free.
Company has delivered good...
Today's price action in NIKKEI shows that the C of Z may further get sub-divided.
Hence, 1 and 2 of C seem to be getting over. 3 of C would be fast and big - if it happens.
Being bearish here has a better Risk to Reward. Need to watch-out price action today in DowJones, DXY and Yen at the NYSE opening.
