Nifty 50 start upside in weekly chart corrective wave market go upside wave c wave c internal wave 1.2,3,4,5
From 16914 wave (c or iii) is in progress and from current high 17638 there is a possibility of one retracement towards 17467-17361. But one should not look for selling for that support range because its against the wave (iii) trend so safe strategy is to buy when it comes in the support range for the target of 300-495 points. If Nifty trades below 17361 then only...
"Trading day, April 6th: The global market indicates a slightly negative start. The market nature is structurally bullish, and the market may start with a neutral to moderately bearish opening. After that, if the initial market breaks yesterday's high, we can expect rally continuation. On the other hand, if the initial market declines sharply, then we can expect a...
"Trading day, April 6th: The global market indicates a slightly negative start. The market nature is structurally bullish, and the market may start with a neutral to moderately bearish opening. After that, if the initial market breaks yesterday's high, we can expect rally continuation. On the other hand, if the initial market declines sharply, then we can expect a...
"Trading day, April 6th: The global market indicates a slightly negative start. The market nature is structurally bullish, and the market may start with a neutral to moderately bearish opening. After that, if the initial market breaks yesterday's high, we can expect rally continuation. On the other hand, if the initial market declines sharply, then we can expect a...
NIFTY SPOT HAS MADE A LOW NEAR 16828 ON 20TH MARCH 2023.. will give wave count from this low as follow WAVE 1 : 16828 TO 17207 (379 POINTS) WAVE 2: 17207 TO 16914 (293 POINTS i.e. nearly 77% corrected) WAVE 3 IS ON : 16914 TO 17545 (HIGH TILL NOW) (631 points till now) 1.61 fib level comes near 17527 now negative diversion is visible on MACD indicator.. price...
"Trading day, April 5th: The global market indicates a negative start with a moderately bullish market nature. It may start with a neutral to slightly gap-down. After that, if the market breaks the minor support zone, we can expect a 38% Fib level, which is a major support zone. So, if the market rejects this level, we can anticipate a minor pullback that will...
"Trading day, April 5th: The global market indicates a negative start with a moderately bullish market nature. It may start with a neutral to slightly gap-down. After that, if the market breaks the minor support zone, we can expect a 38% Fib level, which is a major support zone. So, if the market rejects this level, we can anticipate a minor pullback that will...
"Trading day, April 5th: The global market indicates a negative start with a moderately bullish market nature. It may start with a neutral to slightly gap-down. After that, if the market breaks the minor support zone, we can expect a 38% Fib level, which is a major support zone. So, if the market rejects this level, we can anticipate a minor pullback that will...
Elliot wave corrective mode to get over soon. Chart is self explanatory, only Elliot wave analysis and no indicators used. This chart is for educational purpose. Traders who use Elliott wave theory often look for the completion of wave c as a potential entry point for a trade in the direction of the larger trend. However, it's important to note that Elliott...
i guess correction is over we can invest by taking small stop loss let's see .... Invest at your own risk,, i am not register with sebi.. This chart is according to my technical analysis which i learnt from past years
MGL has given a good breakout above 930 two weeks back, however post breakout follow through is missing and price has started showing weakness due to absence of any follow through, and is facing resistance in 50 to 61.8% fibo pullback zone from June 21 high to June 22 low. Chart is also showing a rising wedge formation on weekly timeframe, and current weekly...
"Trading day, April 3rd: The global market indicates a positive start with a bullish market nature. It may start with a neutral to slightly gap-up. Structurally, we can see the sub-wave 5 with divergence, so if the opening market doesn't sustain, we can expect a minor correction that will reach a minimum of 23 to 38% fib correction. On the other hand, if the...
"Trading day, April 3rd: The global market indicates a positive start with a bullish market nature. It may start with a neutral to slightly gap-up. Structurally, we can see the sub-wave 5 with divergence, so if the opening market doesn't sustain, we can expect a minor correction that will reach a minimum of 23 to 38% fib correction. On the other hand, if the...
"Trading day, April 3rd: The global market indicates a positive start with a bullish market nature. It may start with a neutral to slightly gap-up. Structurally, we can see the sub-wave 5 with divergence, so if the opening market doesn't sustain, we can expect a minor correction that will reach a minimum of 23 to 38% fib correction. On the other hand, if the...
#Long Intraday Levels 1.Support = Zone 2.Long Entry = Near 17278 to 17214 3.Stop Loss = 17214 4.Targets = T1 - 17400, T2 - 17450, T3 - 17525
XAGUSD Another Bullish Signal for Silver🥈 Attached: XAGUSD/ Nifty 50 Weekly Chart as of 31st March 2023 - This Relative Strength Chart indicates that the Outperformance of Silver over Equity (Nifty 50) has started 📈 -It is similar to the Signal on Gold🥇 that I had shared on New Year's Day and you can see how fabulously well that Gold Buy Signal played out for us...
How To trade ABC pattern formation on 30 Mins chart of IndusInd bank ltd 1. Price has formed ABC pattern on 30 mins chart (clearly marked as points ABC on chart). 2. A-B retracement is approx. 0.50% which is acceptable criteria for A-B retracement. 3. Marked fibonacci levels (0, 0.236 and 0.382) by using fibonacci tools on range B To C. 4. On this ABC setup,...