"Trading day, March 13:The global market indicates a positive start, but structurally the market's nature is bearish. It may start with a neutral opening or gap-up. If the market sustains around the 38% fib level, we can expect a pullback continuation. On the other hand, if it sharply rejects the immediate resistance level,then we can expect the range market to...
"Trading day, March 13:The global market indicates a positive start, but structurally the market's nature is bearish. It may start with a neutral opening or gap-up. If the market sustains around the 38% fib level, we can expect a pullback continuation. On the other hand, if it sharply rejects the immediate resistance level,then we can expect the range market to...
"Trading day, March 13:The global market indicates a positive start, but structurally the market's nature is bearish. It may start with a neutral opening or gap-up. If the market sustains around the 38% fib level, we can expect a pullback continuation. On the other hand, if it sharply rejects the immediate resistance level,then we can expect the range market to...
svb bank elliot wave analysis monthly chart this stock upside complete 5 wave and enter monthly correction
Maybe we are at the beginning of a downtrend. Until the pattern unfolds, the best way to trade is to do only intraday without carrying positions overnight. As per this wave counting, wave 3 should fall at least up to 16700 (equal to the length of wave 1). If wave 3 extends, it can go to 16350 (1.23 of wave 1) or 15800 (1.618 of wave 1). I'll be trading...
Currently we are in last leg of correction, which is triangle , once the correction is over we will see a big jump in upward direction. We completed the W and X correction, currently we are in Wave Y correction, which is Zig-zag correction (A-B-C) and wave C is. a triangle.
BankNifty is looking extremely bullish on large time frame, Let's start the roller coaster ride ....to make a new ATH soon ..
A downward Elliot is clearly seen. Day 1 (Monday) - we saw wave 1 on the downside Day 2 (Tuesday) - started with the end of wave 1 and wave 2 rallied upside Day 3 (Thursday) - Wave 3 movement on the downside Day 4 (Friday) - Started with the end of wave 3 and wave 4 consolidated Day 5 (Monday) - Wave 5 Expecting a flat opening or a slight gap up opening and...
Hello Traders! 1. This analysis is based on the previously published longer-term analysis. 2. The count has been stated along with certain warnings and guidelines. Do use proper risk management. Happy Trading. Profits, Market's Mechanic.
"Trading day, March 10: The global market indicates a negative start. The market's nature is bearish, and it may start with a gap-down. If the market takes an immediate pullback, then we can expect a range market that will reach a minimum of 61% fib level. On the other hand, there is a going sub-wave 3, which is a long wave, so we can follow that."
banknifty one hour chart create flat pattern | banknifty wave A down side three internal wave abc and time 8 days and upside go 8 days wave B complete and again go down wave c
"Trading day, March 10: The global market indicates a negative start. The market's nature is bearish, and it may start with a gap-down. If the market takes an immediate pullback, then we can expect a range market that will reach a minimum of 61% fib level. On the other hand, there is a going sub-wave 3, which is a long wave, so we can follow that."
"Trading day, March 10: The global market indicates a negative start. The market's nature is bearish, and it may start with a gap-down. If the market takes an immediate pullback, then we can expect a range market that will reach a minimum of 61% fib level. On the other hand, there is a going sub-wave 3, which is a long wave, so we can follow that."
Studying the Elliot waves in 15 min time frame. Waves 1,2 and 3 of the larger wave 3 are done. Expecting a pullback and consolidating wave 4 for a variable duration before nifty ultimately falls to 17550 and then to 17485 levels. Stoploss- strong closing above 17700.
"Trading day, March 9th: The global market indicates a neutral start. The market nature is moderately bullish. It may start slightly negative, and if the market takes a pullback, then we can expect a pullback continuation (sub-wave 5th). On the other hand, if the initial market declines, that is a sign of a range market to correction, and it should break the fib...
"Trading day, March 9th: The global market indicates a neutral start. The market nature is moderately bullish. It may start slightly negative, and if the market takes a pullback, then we can expect a pullback continuation (sub-wave 5th). On the other hand, if the initial market declines, that is a sign of a range market to correction, and it should break the fib...
"Trading day, March 9th: The global market indicates a neutral start. The market nature is moderately bullish. It may start slightly negative, and if the market takes a pullback, then we can expect a pullback continuation (sub-wave 5th). On the other hand, if the initial market declines, that is a sign of a range market to correction, and it should break the fib...
"Trading day, March 8th: The global market is indicating a negative start. Structurally, the market's nature is moderately bullish. It may start with a gap-down, and after that, if the market breaks the 38% Fib level, that's a sign of a correction. The correction will reach a minimum of 50% to 61% Fib levels. On the other hand, if the market rejects around 38%,...