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%,...
"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%,...
"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%,...
"Trading day, March 6th: SGX Nifty indicates a positive start, and the market nature is bullish. It may start with a gap-up. If the market rejects around immediate resistance zones, then we can expect a minor correction that shouldn't break the previous swing high. On the other hand, if the market declines initially, we can expect a correction that would break the...
"Trading day, March 6th: SGX Nifty indicates a positive start, and the market nature is bullish. It may start with a gap-up. If the market rejects around immediate resistance zones, then we can expect a minor correction that shouldn't break the previous swing high. On the other hand, if the market declines initially, we can expect a correction that would break the...
"Trading day, March 6th: SGX Nifty indicates a positive start, and the market nature is bullish. It may start with a gap-up. If the market rejects around immediate resistance zones, then we can expect a minor correction that shouldn't break the previous swing high. On the other hand, if the market declines initially, we can expect a correction that would break the...