ITC is running in an higher wave v for 700 + . That is where the profits need to be booked . 316.10 is buying zone . With a SL of 295 . This will only happen if 410.65 is not breached . Always remember we are in wave iv . It will not be easy . But the waves remain intact . Regards
Most probably wave (iv) is completed at 17574 and wave (v) projection range is given in chart. As long as nifty is trading above 17478, upside bounce towards 17955-18191 is possible.
CDSL was in corrective phase for a very long time, I was tracking this stock for quite a while. Its back to life again, we have just completed wave 1 and currently in wave 2, After wave 2 is over you will see Wave 3 , wave 4 and Wave 5. There is some more analysis I want to do before its ready to add to portfolio. Will keep posted! Thanks!
Analysis on 17th April 2023 Morning. Important Points, - C wave is begun after consolidating of B wave Possible Target are shown in Chart, according to Wavelength Theory using Fibonacci Tool. - 25k is psychological level also so first target will be 25k, Rest will be updated with new candles formed. Have A Good Day!!
"Trading day, April 17th: The global market is indicating a negative start, but the market nature is bullish. It may start with a gap-down. After that, if the market consolidates, that's a sign of a rally continuation. On the other hand, if the market reaches the previous spike, it may lead to a correction."
"Trading day, April 17th: The global market is indicating a negative start, but the market nature is bullish. It may start with a gap-down. After that, if the market consolidates, that's a sign of a rally continuation. On the other hand, if the market reaches the previous spike, it may lead to a correction."
"Trading day, April 17th: The global market is indicating a negative start, but the market nature is bullish. It may start with a gap-down. After that, if the market consolidates, that's a sign of a rally continuation. On the other hand, if the market reaches the previous spike, it may lead to a correction."
Time and time again I keep telling keep patience for few days, however some people don't have patience and thinks once the idea is publish it should work immediately like an instant noodle. Guys you need to keep some patience before entering the trade. we are seeing correction in Bank of Baroda, We have completed Wave A and we are about to complete Wave B in...
Infosys is in Zig zag correction after making top near 1955. The Rally from covid low ends in 5 waves near 1955. Currently in Wave C which can head up to 1073 and worst case 700 which is 1.618 extension. Analysis invalidation level will be 1620. The LAST Time we analyzed it, moved as per chart DISCLAIMER: There is no guarantee of profits or no exceptions...
Weekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move
This wave 5 will take it to new heights sl 800 . This is only for long term investors . Regards
"Trading day, April 13th: The global market is indicating a neutral to slightly negative start, with a moderately bullish market nature. It may begin with a neutral sentiment similar to yesterday's structure. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. However, if the pullback occurs slowly and consolidates, it...
"Trading day, April 13th: The global market is indicating a neutral to slightly negative start, with a moderately bullish market nature. It may begin with a neutral sentiment similar to yesterday's structure. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. However, if the pullback occurs slowly and consolidates, it...
"Trading day, April 13th: The global market is indicating a neutral to slightly negative start, with a moderately bullish market nature. It may begin with a neutral sentiment similar to yesterday's structure. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. However, if the pullback occurs slowly and consolidates, it...
"Trading day, April 12th: The global market indicates a neutral start with a bullish sentiment. If the initial market takes a sharp pullback, we can expect a rally continuation. and if the pullback takes place slowly and consolidates, that's a sign of distribution, and we can expect a correction when it rejects the major resistance zone. On the other hand, if the...
"Trading day, April 12th: The global market indicates a neutral start with a bullish sentiment. If the initial market takes a sharp pullback, we can expect a rally continuation. and if the pullback takes place slowly and consolidates, that's a sign of distribution, and we can expect a correction when it rejects the major resistance zone. On the other hand, if the...
"Trading day, April 12th: The global market indicates a neutral start with a bullish sentiment. If the initial market takes a sharp pullback, we can expect a rally continuation. and if the pullback takes place slowly and consolidates, that's a sign of distribution, and we can expect a correction when it rejects the major resistance zone. On the other hand, if the...
While monsoon plays big on the inflation and economy, its influence over the years is blunted. Did place a piece on the seasonal impact some time back. However, the smaller structure of bank nifty suggests we are in wave three of smaller degree than to worry on the EL-NINO. This clearly suggests bulls to aid than to the bears. Banks have been underdogs globally,...