NSE:PVRINOX PVR INOX Ltd. engages in the business of theatrical exhibition and allied activities. It has 689 screens across 115 cities in India and Sri Lanka with 361 properties. It is headquartered in Haryana, India. Technical Analysis:- 1. Trading at a strong support zone and showing rejections from below. 2. it can form a C up leg in a triangle...
## We publish bearish sequence in hdfc bank & exactly it happen eventhough bank nifty is recovering but hdfc is not, you can see the chart below. ## Anyway HDFC bank is still developing M2 wave after which it will proceed for downward movement. ## Even though M3 failed but still Longterm wave is still bearish, so hdfc bank will fall...
Banknifty has the same sentiment; there is a completed motive structure. So, if the initial market declines sharply, then we can expect a minimum of 23% to 38% Fibonacci correction. If it breaks the 38% Fibonacci level, that's a sign of a trend reversal (bearish trend). On the other hand, if it finds support there (23%), it might consolidate a little...
"Good morning, friends! Here are the directions for March 7th: there have been no changes. The global market trend remains structurally moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to a slightly gap-up start, as suggested by Giftnifty, showing a +50 point. Nifty...
"Good morning, friends! Here are the directions for March 6th: The global market trend remains structurally moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to a slightly gap-down start, as suggested by Giftnifty, showing a -12 point. Nifty has a range-bound...
The Banknifty structure is a little different; as per the wave structure, there is a pullback wave bending (minor sub-wave 5th). So, if the market breaks yesterday's high, then we can expect a range between 47821 to 47957. Since this is the 5th wave, once it rejects there, we can anticipate a correctional wave that may take a 23 to 38% Fibonacci correction to the...
Yes bank bounces from important level of 17.2, now if this level holds, we can see 29 levels by mid june'23
Good morning, friends! Here are the directions for March 5th: there have been no significant changes. The global market trend remains moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to a slightly gap-down start, as suggested by Giftnifty, showing a -20 point. Nifty...
Banknifty is following a 5th ending diagonal pattern. So if the market breaks yesterday's high, it will reach the fib level 78% with minor consolidation. After that, if it rejects there, we can expect a minimum of a 23 to 38% correctional wave. However, if it sustains there (consolidates), then it might turn into an extension variation. On the other hand, if the...
Banknifty also has the same sentiment. If the gap-up sustains, then we can expect a minor rally. Once it rejects the immediate resistance levels, then we can expect a minimum correction of 23 to 38%. Alternatively, if the gap-up doesn't sustain, then we can expect a 23 to 38% correction initially, indicating that the 4th wave may continue further.
Good morning, friends! Here are the directions for March 4th: The global market trend is still moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +70 point. Nifty has a consolidation structure around the...
Cardano appears to be in an impulse phase, indicating a bullish market trend. According to Elliott Wave Theory, Wave 1 has ended, and Wave 3 has the potential to last at least 161% as long as Wave 1.
Havells made strong marubozu on weekly scale and looks ready for next move. Will look for entry points on pullbacks with stop usually in 6-7% or worst 10% at 1413 below which must exit. Don't trade in FnO based on this analysis it can go wrong DISCLAIMER: There is no guarantee of profits or no exceptions from losses. The stock and its...
After a prolonged correction, a Motive wave has been initiated on the price chart of Cambridge Technology. Wave 1 is classified as a Leading Diagonal. The price could potentially reach a minimum extension of 161.8% if it evolves as a Motive Wave. This indicates a bullish trend might be developing.
From the impulse wave I've drawn , It seems like NIFTY is due for a correction. on the other hand , we have a strong bull trend going on , Lets see how it works out.
"Good morning, friends! Here are the directions for March 1st: The global market trend is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bearish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +40 point. Nifty closed +30 points with a range-bound structure...
Banknifty closed +150 points with a range-bound structure in the last session. Giftnifty indicates a gap-up start. If the gap-up breaks or sustains around 46448, then we can expect further rally continuation. However, if the market rejects there (46448) or if the initial market declines sharply, then structurally the range market will continue. we could wait for...
NSE:BANKNIFTY I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas. Thank you _____________________________________________ Degree full forms- L1 stand for Long term wave 1 and so on M1 stand for Medium term wave 1 and so on S1 stand for short term...