The global market indicates a negative start. Market nature is neutral to slightly negative. if the market takes consolidation without breaking the previous day low, then we will expect a pullback. on the other hand, if the market breaks the previous day low, then we will expect correction continuation.
As seen in above chart NSE:COFORGE Looks in Bearish movement if continued the same move then in Wave5 can go till 2931 fibo ratio 0.5 and next till 0.618. & If it breaks the above invalid level (4036). then it can go up till 4632 in ABC Correction wave.
On monthly chart the 5the wave started. Final target is marked on chart
The global market indicates a neutral start. The market nature is neutral to slightly bullish. The market may take consolidation today. If the market breaks the previous day low, then we will expect a minor correction to pull back.
The global market indicates a neutral start. The market nature is neutral to slightly bullish. The market may take consolidation today. If the market breaks the previous day low, then we will expect a minor correction to pull back.
17 Nov 2022 Navin Fluorine Int After a strong BO in Aug 22, the stock was in a range for 4 odd months. Now, stock shows some sign of BO from the previous LH/TL. Summary - Stock bounced from the VAH zone - 4 months of accumulation - Inv Head and Shoulder pattern(Confirmed BO) Conclusion - CMP 4595 - 3% Test...
The global market indicates a negative start. The market nature is neutral to slightly bearish. If the market takes a pullback without breaking the previous day minor swing low, then it will take a pullback with consolidation. On the other hand, if the market breaks the previous day minor swing low, then we will expect a correctional wave.
The global market indicates a negative start. The market nature is neutral to slightly bearish. If the market takes a pullback without breaking the previous day minor swing low, then it will take a pullback with consolidation. On the other hand, if the market breaks the previous day minor swing low, then we will expect a correctional wave.
16 Nov 2022 11:22hrs Kotak Mahindra Bank A complete year of consolidation is witnessed in the stock, now the stock shows some sign of BO. Summary - Stock shows a BO from the VAH zone - 1 year of accumulation - Approaching major resistance place around 2000 levels - Head and Shoulder pattern(Awaiting BO) Conclusion ...
The global market indicates a slightly negative start. the market nature is neutral to slightly bearish . The market may take a minor correction in the opening market, if the market takes pullback around 38% fib level then we will expect the rally continuation. on the other hand, if the market breaks the previous day minor high then we will expect a correctional...
The global market indicates a slightly negative start. the market nature is neutral to slightly bearish. The market may take a minor correction in the opening market, if the market takes pullback around 38% fib level then we will expect the rally continuation. on the other hand, if the market breaks the previous day minor high then we will expect a correctional...
Nice BO with Above average volume, Gabriel India looks strong for higher targets mentioned on the chart. First profit booking to be done near parallel channel top, on the first sign of weekness Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
The global market indicates a positive start. the market nature is neutral to slightly bullish. if the market breaks the previous day high, then we will expect a rally continuation with minor consolidation. on the other hand, if the market breaks the previous day low, then the market takes a minor correction. Once the minor correction is over, then we will expect...
The global market indicates a positive start. the market nature is neutral to slightly bullish. if the market breaks the previous day high, then we will expect a rally continuation with minor consolidation. on the other hand, if the market breaks the previous day low, then the market takes a minor correction. Once the minor correction is over, then we will expect...
Is MCX crude oil downtrend a trap? According to the Elliott Wave analysis on the crude oil daily chart, it has completed wave (4) and trying to move out from the Parallel channel’s (PC) control line (CL). If that successfully remains above CL, crude oil prices will hike from CL to the resistance line of the PC. That’s a direct call for target levels of 7800 –...
The global market indicates a neutral start. the market nature is neutral to slightly bullish. if the market breaks the previous day high, then we will expect a minor pullback to a minor correction. on the other hand, if the market opens negatively, then we will expect a minor correction to pull back.
The global market indicates a neutral start. the market nature is neutral to slightly bullish. if the market breaks the previous day high, then we will expect a minor pullback to a minor correction. on the other hand, if the market opens negatively, then we will expect a minor correction to pull back.
nifty currently forming converging triangle we can short nifty with stoploss above the upper trend line we can expect a target of 18000 or the bottom trend line This analysis is just for Educational purposes Our team is not responsible for any kind of Profits or Losses made