"Good morning. As of May 10, the global market has shown a slightly neutral to positive start, but it is currently moderately bearish in nature. It may begin with a gap-up, followed by a minor pullback (sub-wave B or 2nd wave) as per the market structure. Once it reaches its fib level, we can expect a correction (sub-wave C or 3rd wave). Alternatively, if the...
Hello Friends,
Here we have shared possible Elliott wave counts on 4 hourly chart of COPPER, in which we can say that still selling pressure may continue for some while, because now possibly we are in complex correction phase as wave ((w))-((x))-((y)), in which we had completed ((w))-((x)) and now possibly we are unfolding wave ((y)) in which subdivisions are...
Hello Friends,
Here we had shared possible Elliott wave counts of BTCUSD-BITCOIN on 4 hourly chart, in which we can see post bottom formation in November 2022, bitcoin had started motive journey towards north direction as a fresh impulse wave.
In which we had completed wave (1) & (2) and now we are unfolding wave (3), in wave (3) we had completed wave 1 & now...
Correction in Titan is complex and taking time and its very obvious. Check the 2nd and 4th wave correction. The Complex correction W-X-Y-X-Z is going to end in next 1-2 months. Please refer the video below which I have posted on youtube.
"Good morning. As of May 9th, the global market has shown a slightly neutral to negative start, but the market is currently moderately bullish in nature. We may see a small gap-down at the start; after that, if there is a sharp pullback, the rally will continue. On the other hand, if the gap-down sustains, we could expect a minor correction with a three-wave...
"Good morning. As of May 9th, the global market has shown a slightly neutral to negative start, but the market is currently moderately bullish in nature. We may see a small gap-down at the start; after that, if there is a sharp pullback, the rally will continue. On the other hand, if the gap-down sustains, we could expect a minor correction with a three-wave...
"Good morning. As of May 9th, the global market has shown a slightly neutral to negative start, but the market is currently moderately bullish in nature. We may see a small gap-down at the start; after that, if there is a sharp pullback, the rally will continue. On the other hand, if the gap-down sustains, we could expect a minor correction with a three-wave...
"Good morning. As of May 8th, the global market has shown a slightly neutral to positive start, but the market nature is bearish. We may see a small gap-up at the start, and if it sustains, we could expect a minor pullback. If it reaches the key zone, we can expect correction continuation. Alternatively, if it sustains around the key zone, that's a sign of a range...
"Good morning. As of May 8th, the global market has shown a slightly neutral to positive start, but the market nature is bearish. We may see a small gap-up at the start, and if it sustains, we could expect a minor pullback. If it reaches the key zone, we can expect correction continuation. Alternatively, if it sustains around the key zone, that's a sign of a range...
"Good morning. As of May 8th, the global market has shown a slightly neutral to positive start, but the market nature is bearish. We may see a small gap-up at the start, and if it sustains, we could expect a minor pullback. If it reaches the key zone, we can expect correction continuation. Alternatively, if it sustains around the key zone, that's a sign of a range...
Here we had shared video analysis of possible Elliott wave counts on TVS Motors chart.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi...
As the Nifty have completed the A wave expecting B wave to start the progress.
B wave may end round 18180...
as the B wave completes we can expect the fall again...
This analysis is just for Educational purposes
Our team is not responsible for any kind of Profits or Losses made
Nifty could have completed 5 wave impulse up at 18267. If this doesn't get broken then likely 3 wave drop towards 17550-400 zones possible.
MACD negative divergence and open bearish gap suggest bearish trend to continue few days.
2nd Chart shows internal count of wave 5. It also shows 0 to 4 trendline about to be broken
Next wave 2 of A will pullback Nifty up to...
"Good morning, as of May 5th, the global market is showing a slight negative trend, but with a bullish sentiment. We may see a small gap-down at the start, but if the market exceeds yesterday's high, it could signal a continuation of the rally. However, if the gap-down persists and breaks below the 38% Fib level, we can expect a correction."
"Good morning, as of May 5th, the global market is showing a slight negative trend, but with a bullish sentiment. We may see a small gap-down at the start, but if the market exceeds yesterday's high, it could signal a continuation of the rally. However, if the gap-down persists and breaks below the 38% Fib level, we can expect a correction."
"Good morning, as of May 5th, the global market is showing a slight negative trend, but with a bullish sentiment. We may see a small gap-down at the start, but if the market exceeds yesterday's high, it could signal a continuation of the rally. However, if the gap-down persists and breaks below the 38% Fib level, we can expect a correction."
The bull run we are witnessing may be wave 4 of the downward rally in Nifty.
In that case, we may expect a collapse from here. Currently nifty is trading close to 18100 which corresponds to 0.618 levels of the downward Elliot wave.
This level should be a stiff resistance for nifty. Next week market may open with a gap up and can get sold into.
Day closing above...
