"Good morning, friends! Here are the directions for February 22nd: The global market sentiment remains moderately bullish, supported by the Dow Jones, while our local market sentiment indicates a moderately bearish trend. It might open with a gap-up start, as suggested by Giftnifty, showing a +90 point increase. Nifty had fallen sharply in the last session;...
Bank Nifty's structure is a little bit different from Nifty; here, Bank Nifty has a solid bullish trend. So, if the market breaks the supply zone with a solid structure, then it will undergo further rally continuation. On the other hand, if the initial market rejects sharply, then we can expect a correction. However, my personal opinion is to seek additional...
Good morning, friends! Here are the directions for February 21st: The global market sentiment is still moderately bearish, supported by the Dow Jones, while our local market sentiment also shows a bullish trend. It might open with a neutral to slightly gap-up start, as indicated by Giftnifty, showing a +20 point increase. Nifty has reached a new high, but the RSI...
Good morning, friends! Here are the directions for February 20th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment also shows a moderately bullish trend. It might open with a neutral to slightly gap-down start, as indicated by Giftnifty, showing a -30 point decrease. Nifty has reached a new all-time...
Banknifty has undergone significant changes. If the market opens with a gap down, we can initially expect a range market. However, if the initial market takes a sharp correction, it will reach fib levels between 38% to 50%. the rally will continue only if it breaks the supply zone."
Banknifty has the same sentiment structurally; we can expect a range market today. The movement will occur only if it breaks either up or downside with a solid structure."
"Good morning, friends! Here are the directions for February 19th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment also shows a moderately bullish trend. It might open with a gap-up start, as indicated by Giftnifty, showing +30 points. The Nifty last session closed positively with minor...
This seems to be a possible wave count as per Elliottwave. Here wave 4 seems to be completed and movement for wave 5 has commenced which can lead the stock to the range of 900-1000 /-. Additionally breakout on the falling wedge also interprets strong upward movement.
Coffeeday Enterprises seems to be in the 5th of C wave. Wave 4 is already complete and price in its 5th wave has already breached above wave 3. As per the guidelines the price is likely to reach in the range of 95-105 by the end of wave 5.
Rain Industries is one stock where retails are more optimistic than the promoter but techinically their are 3 major red flags in price action 1 It has not crossed 61.8% retracement of fall from ATH to bottom 2020 2 The rise from lows of 2020 is not impulsive (god knows how some people are marking impulsive rise from 2020 bottom) 3 It has not crossed 61.8%...
Degree full forms- L1 stand for Long term wave 1 and so on L1 stand for Medium term wave 1 and so on s1 stand for short term wave 1 and so on Hello Everyone Welcome to Trading Idea, This is Short Term Forecast Time Frame- 4hrs # Gold has completed first cycle and we are in ending of wave 2 # Stoploss level for this or SC3 cycle will be 2059, till than we...
#Nifty Good morning! the market directions for February 16th. It seems like there is an overall positive sentiment in the global market, with support from the Dow Jones. Locally, the market sentiment is also moderately bullish, with a potential gap-up start indicated by Giftnifty showing +60 points. Regarding Nifty, it's mentioned that there has been a breakout...
#Banknifty For BankNifty, there seems to be a similar sentiment where it's in the 5th wave of a diagonal structure. If it rejects around the immediate resistance level (78), there's an expectation of a correction, with a minimum retracement of 23 to 38%. However, if the gap-up sustains or breaks the immediate resistance, then the rally is likely to continue.
here is possible elliot wave, please check viewers and specialist.
Good morning, friends! Here are the directions for February 15th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a moderately bullish trend. It might open with a gap-up start, as indicated by Giftnifty showing +80 points. Nifty had a fantastic rally in the last session, so structurally it will...
Bank Nifty is a little different from Nifty. The current pullback is violating the wave rule, so it might be in a leading diagonal. If it's a leading diagonal, then it won't take a sharp rally. If it opens with a gap-up, then it may reject around 78%, and then we can expect a minimum correction of 38%. If it breaks 38%, then we take a breakout short position and...
"Good morning, friends! Here are the directions for February 14th: The global market sentiment is bearish, supported by the Dow Jones, while our local market sentiment shows a moderately bearish trend. It might open with a gap-down start, as indicated by Giftnifty showing -190 points. Nifty had a solid pullback in the last session, but today Giftnifty indicates a...