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.
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3.35 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Clearly visible sentimental extreme on Vedanta Limited - followed by a story of demerger (the knight in shining armor). Another great signal is a strong bullish engulfing pattern into the closing today. Long-term wave count: Stupid as these may sound but we have a potential target of 1500 on this stock - may be higher.
UK100 has a clear 5 wave up from COVID-19 lows. This is either an ABC pattern or a five-wave impulse. In either case, we should anticipate a significant move. Such big moves sometimes come after sentimental extremes or events - which is much awaited. If this transpires, would be led by a commodity-led rally, which would in turn imply a weak dollar, loose...
AuroPharm is leading this up move in CNX Pharma. Potential target of 1300+ in 1-3 months.
Nifty Pharma has been consolidating since 9th August 2023 in a complex range-bound correction. It is now reading to head higher in a wave 5 circle. Today's strong move is possibly wave i of 5. Lupin, Aurobindo Pharma, and Glenmark are stronger sub-counters.
"Good morning, friends! As of September 29th, the global market sentiment is neutral (based on the Dow Jones), while our market trend is bearish. It may open neutrally or with a slight gap up. If it subsequently breaks yesterday's low, we can expect a correction to continue with minor pullbacks. On the other hand, if the gap-up sustains, we can expect a ranging...
"Good morning, friends! As of September 29th, the global market sentiment is neutral (based on the Dow Jones), while our market trend is bearish. It may open neutrally or with a slight gap up. If it subsequently breaks yesterday's low, we can expect a correction to continue with minor pullbacks. On the other hand, if the gap-up sustains, we can expect a ranging...
"Good morning, friends! As of September 29th, the global market sentiment is neutral (based on the Dow Jones), while our market trend is bearish. It may open neutrally or with a slight gap up. If it subsequently breaks yesterday's low, we can expect a correction to continue with minor pullbacks. On the other hand, if the gap-up sustains, we can expect a ranging...
Seems Like IRB is about to reach levels of 22-17 in few weeks.
NIKKIE has a case where a long-term impulse started in Nov-12. We are in (4th of) 5th wave of a larger 3rd wave. This is in sync with most global markets that are completing some degree of complex correction. Wave 1: Completed in 2015 SPREADEX:NIKKEI Wave 2: Completed in 2016 Wave 3: Ongoing Wave i: Jan 2018 Wave ii: Apr 2020 Wave iii: Feb 2021 Wave iv:...
"Good morning, friends! As of September 28th, the global market sentiment is neutral (based on the Dow Jones), while our market trend remains moderately bullish. It may open neutral, slightly gap-up, or even gap-down. After the market's open, if it breaks or consolidates around the immediate resistance, we can expect a pullback continuation with minor...
"Good morning, friends! As of September 28th, the global market sentiment is neutral (based on the Dow Jones), while our market trend remains moderately bullish. It may open neutral, slightly gap-up, or even gap-down. After the market's open, if it breaks or consolidates around the immediate resistance, we can expect a pullback continuation with minor...
"Good morning, friends! As of September 28th, the global market sentiment is neutral (based on the Dow Jones), while our market trend remains moderately bullish. It may open neutral, slightly gap-up, or even gap-down. After the market's open, if it breaks or consolidates around the immediate resistance, we can expect a pullback continuation with minor...
Elliott Wave Analysis.:- There may be a Pull back for 19886 -19960. We have to wait and watch the wave formation i'm not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
APOLLOHOSP is looking down side correction loking zig zag pattern
"Good morning, friends! As of September 20th, there has been no change in the global market sentiment. Dow Jones still exhibits a negative sentiment, while our market trend remains moderately bullish with a 'C' pullback wave structurally. However, if the market opens with a gap-down, Monday's range will serve as a range-bound boundary. In my personal opinion,...
"Good morning, friends! As of September 20th, there has been no change in the global market sentiment. Dow Jones still exhibits a negative sentiment, while our market trend remains moderately bullish with a 'C' pullback wave structurally. However, if the market opens with a gap-down, Monday's range will serve as a range-bound boundary. In my personal opinion,...