in.tradingview.com Nifty Daily Chart trend analysis
NIFTY long term view weekly Chart
Attached: Daily Chart as of 14th October 2022 - Triangle in (B) Wave has completed - Triple Bearish RSI Divergence - Flat to Down Tilt in 20 DSMA Stop Loss above 1080 Target 🎯open to Lower Bollinger Band/ 1050📉
Hello Friends, here we had shared possible elliot wave counts of stock Adani Green Energy, which is clearly showing that this stock has completed full corrective wave cycle as ABC of bigger degree (2), after completing full impulse wave cycle as 12345 of bigger degree (1), while completing correcting wave, it had formed zigzag correction pattern as ABC of larger...
We might still be in wave 4 of the Primary Elliot wave. US markets rallied last night, so we may expect a gap-up opening of around 100 points. 17220 - 17270 zone might act as a strong resistance zone (0.5 to 0.618 Fibonacci retracement of wave 3) Quadruple witching refers to a date when stock index futures, stock index options, stock options, and single stock...
Look at the confluence of Feb Ratios. The correction of the whole up-move of 6766 pts (From 37386 on 30th Sep-22 to 44152 on 14th Dec-22) is heading towards Feb 78.6% at 38860 and "c" is also heading Feb 123.6% projection of wave "a" (a=2560 )at approx 38860 (it looks like a-b-c correction) If it sleeps below 38860, the "c" wave of BN can go next to the 138.2%...
Hello Traders! 1. We see a 5 -wave impulse down which had been expected a long time coming. 2. Now there is an expected correction upwards from the market. 3. We have clear strong support and resistance . 4. Breaking of the Trend line should confirm our entry. The break of waves 2-4 trendline mostly marks the confirmation of the beginning of the...
Harmonic - 1. Potential Bullish butterfly pattern on daily TF. 2. Testing critical support/demand zone. If this is broken Tgts 3219, 3126 Elliott wave - 1. Irregular ABC correction is ongoing. 2. Currently, testing 0.618 retracements of B wave, if this gets broken elongated C is confirmed. First target 3151 and 1-1.236 projection of A and B wave. 3. If there...
Hello Friends Here we had shared possible Elliot wave counts of BTCUSD bitcoin which are aligned from weekly to daily and daily to 4 hourly, so conviction is getting more stronger due to alignment of multi time frame's wave counts. From the starting point of BTCUSD we had tried to plot wave counts and it's showing that we are now near to complete correction phase...
Nifty is heading to 16950-16800 to complete Wave (C) in double Zig-Zag.
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.
Here we had shared today possible Elliot wave counts of Force Motors ltd, on daily time frame, as per Elliot wave structure its clearly showing that we are in correction phase after impulse started from bottom of pandemic period of march 2020 and completed wave 1 till swing high of November 2021, well, if this phase was a fresh impulse as a wave 1, then currently...
After a wonderful short covering rally, nifty is likely to consolidate next week with a negative bias. The trading range would be 17700 and 17400. 17700 stands at 50% Fibonacci retracement of the previous fall and 17400 lies at the support trend line. Strong closing of 30 min candle above 17750 invalidates this view. Happy trading guys.
Nifty Short term expecting up move stop 17601 Target 18300
BN looks range bound and likely to go upward above 41350 with a less probability of slipping below if it breaks 41150 support
Silver is now ready to dip down and to unfold wave 5 of (C) and as per equality, Target of (C) equal to (A) is pegged at 19.963 and 1.618 is pegged at $ 18.350, which can be stop loss for fresh long positions to be made below $ 20. Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor...
We've achieved our 2nd target of 41665 and may be undergoing short correction up to a level of 41400-41350, and if it trades above the 41450 level, we will another uptrend toward the final target of 42200
Hello Friends, Hope you are doing well, Today we are sharing banknifty possible Elliott wave counts along with invalidation levels and along with alternate wave counts, which can be overall road map for next moves expected further, in both current and alternate counts banknifty is looking good short candidate but only after some rally it means it looks like sell...