Nifty has made complex irregular structure of internal Wave 5 and has completed internal 5th wave of Sub-wave B which is of Major Wave 4 i.e. upto 38.6% level @19421 by abc pattern (irregular pattern). I am expecting a sharp fall in the month of July, August & September.
Nifty has completed its 5th wave upto 38.6% level @19421 and now, there is RSI divergence in monthly time frame at this level looking same divergence as before Corona Period and Sharp fall occurs at that time also. At this time also RSI divergence is there in monthly time frame and USDINR is on the verge of breakout of a Bullish Penant pattern and therefore, I am...
Nifty has completed internal 5th wave of Sub-wave B which is of Major Wave 4 i.e. upto 38.6% level @19421 and now, there is RSI divergence in monthly time frame at this level looking same divergence as before Corona Period and Sharp fall occurs at that time also. At this time also RSI divergence is there in monthly time frame and USDINR is on the verge of...
Nifty has completed Major wave 4th @ 15183.40 on June 17, 2022 and now, after breaking out RSI divergence is over. Now, Nifty is in Major 5th Wave and completed its internal wave 1 and wave 2 and started wave 3 which has target of 22693. But before that Nifty will make correction upto 18690 in July month as Nifty is overbought.
DEEPAK NITRATE nearing to buy levels, (pullback )
"Good morning! As of July 7th, there is no significant difference compared to the last session. the global market is showing negative stats with moderately bullish market sentiment. It might open with a gap-down. After that, if it takes support around the 38% fib support zone, we can expect a range-bound market to rally continuation. On the other hand, if it...
"Good morning! As of July 7th, there is no significant difference compared to the last session. the global market is showing negative stats with moderately bullish market sentiment. It might open with a gap-down. After that, if it takes support around the 38% fib support zone, we can expect a range-bound market to rally continuation. On the other hand, if it...
"Good morning! As of July 7th, there is no significant difference compared to the last session. the global market is showing negative stats with moderately bullish market sentiment. It might open with a gap-down. After that, if it takes support around the immediate support zone, we can expect a range-bound market to rally continuation. On the other hand, if it...
I feel abc running in gold, will see what happen in future.
"Good morning! As of July 6th, the global market is showing slightly negative stats with a moderately bearish market sentiment. It might open with a minor gap-down. After that, if it takes support around the immediate support zone, we can expect a range-bound market. On the other hand, if it breaks the immediate support, then the correction will continue."
"Good morning! As of July 6th, the global market is showing slightly negative stats with a moderately bearish market sentiment. It might open with a minor gap-down. After that, if it takes support around the immediate support zone, we can expect a range-bound market. On the other hand, if it breaks the immediate support, then the correction will continue."
"Good morning! As of July 6th, the global market is showing slightly negative stats with a moderately bearish market sentiment. It might open with a minor gap-down. After that, if it takes support around the immediate support zone, we can expect a range-bound market. On the other hand, if it breaks the immediate support, then the correction will continue."
"Good morning! As of July 5th, the global market is showing a neutral start with a bullish market sentiment. It might open with a minor gap-up. After that, if the market breaks yesterday's high, we can expect a continuation of the rally. Otherwise, it could enter a range market or takes a correction."
"Good morning! As of July 5th, the global market is showing a neutral start with a bullish market sentiment. It might open with a minor gap-up. After that, if the market breaks yesterday's high, we can expect a continuation of the rally. Otherwise, it could enter a range market or takes a correction."
"Good morning! As of July 5th, the global market is showing a neutral start with a bullish market sentiment. It might open with a minor gap-up. After that, if the market breaks yesterday's high, we can expect a continuation of the rally. Otherwise, it could enter a range market or takes a correction."
#AXISBANK completed a 5 wave impulse on a daily timeframe the low of Mar' 20, Wave 3 is 1.318 of Wave 1 Wave 5 is 0.786 of Wave 1 Wave 4 retraced 0.382 Wave 3 Now the correction phase is on, forming an extended flat after a 5.
#TSLA forming a good impulsive structure on a weekly timeframe from its low of 2010. Where are we now? We are in the 5th wave of parent wave (3) which must cross the level of previous high for the counts to remain valid holding the level of 152.10. We can see a target of 1.5X to 3X from here. Trade at your own risk. Regards.
Hello Friends Here we had shared possible Elliott wave counts on chart of USDINR, which is clearly showing that on bigger scale we are in 5th wave of some higher degree, in which we had finished wave (1)-(2)-(3) and currently we are in either in wave (4) or in wave 2 of wave (5). Also both scenarios are discussed in this video post, you can go through this video...