It seems like Nifty is definitely overbought. There is also the expiry coming up. This is my plan for trading on 24th April after observing price action for sometime.
Levels can be co-related to the high probability ranges I had posted earlier.
The price reached $ 8,438 or 38% Fibo. Possible slight corrective drops. Support at $ 7,506 must withstand the pressure of supply so that the gains are still in play.
Current Price - 528.50
Head & Shoulder is a traditional bearish pattern once neckline is broken. Neckline comes close to 525-527 zone - if broken & sustained then we think of aggressive selling else avoid selling.
Safe Trading Strategy
Once hump is broken upside above 537 - we shall look for targets as mentioned below
Target 1 - 544-545
Target 2 - Once...
The end of the C wave from Wave 2 at $ 6,500 resulted in the price above the short-term trend line and the $ 7,500 test, which was then stamped. Currently, this level is a support for the price.
The rally on the increased volume ($ 1,000 an hour exchange 30k of BTC fututres contracts) caused the price to reach the local resistance level at $ 8,265. This level is...
Got the extra mileage from 368 to 355 as expected last before taking reverse gear above 355. Those who took reverse gear from my personal honking, kindly put your comments for your comfort position.
Looking for 368 - 375+ distance to be traveled in reverse gear. Trail your stops slightly above entry price.
Distribution Zone 370 -377 - Image
Fall started...
Axis Motion Pictures Presents ----------------------- "Ending Diagonal " ----------------------------------------
8th Feb 2018
Last Traded Price@555.50
Current Price @556 ---Axis Bank Intraday looking for a bounce between 562 -565 -gets resistance if holds in the range expect a fall to 535-540
14th Feb 2018
Holding 565 -568 zone (8 points away from 577 -...
NIFTY ELLIOT WAVE FORMING KEEP WATCH POTENTIAL DROP
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for...
The rally from bottoms@324-325 look impulsive in nature & came back to 370-377 - an important distribution zone where we expected a fall close to 355 as initial target as suggested in GSFC post.
Actual-356.50 was done today@6th April 2018
What we expect next ?
We shall look for a bounce from 355 -356 zones close to 365-368 zone - if motors fail again to hold...
HI GUYS THIS IS EDUCATION PURPOSE ONLY
AUDUSD LONG SETUP KEEP WATCH BREAKOUT AND BUY 0.76894
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if...
HI GUYS ONLY FOR EDUCATION PURPOSE
USDCAD ELLIOT WAVE FLAT CORRECTIVE WAVE FORMED
KEEP WATCH AND SELL OPPOURNUTY
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should...
In monthly, it seems a complete elliott wave cycle is complete, and stock has bottomed out.
in weekly, we can see that, round bottom is forming and fresh impulse already started here.
round bottom pattern tgt
so with a sl - 54, 1st tgt - 95, 2nd tgt - 151, long term tgt - 500.
GBP JPY will be on retesting 146.80-147.00 areas and then it will move up around 300 pips +
GBP JPY BUY Limit : 147.00
Take profit : 150.00
Stop loss : 145.80
Current Structure
Look out for a move above 115 - 125 from the lows@107- 6th March2018 -later for push towards 140-150 - Any move above 150 and 159 shall take the stock to uncharted territory. Enjoy & Good Luck.
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Offerings from...
#BHEL .... #EW.... BHEL is heading towards the 87 cash lvls..... than after completing Wave B .... it will head upwards to 99 level.. and wave (iv) will end.
