BN has given a trendline breakout of upside, as long as 40,348 holds, there are no shorting opportunities. Wave 3 is in progress, monday will see a gap-up opening and the index will face resistance in the zone of 41,729 to 41,979 area. If wave 4 triggers, we might see a correction close to 41,000 area, followed by the next upmove till (min) 42,344. Always trade...
BN may remain range-bound today unless it breaks above 40725 or the day's high and breaks below 38.2% correction
Bank Nifty is completing triangle in Wave B which could end around 41200-41300 & can start next leg down in Wave C which could be good short trade. I am not a SEBI Registered Analyst Charts are for Education Purpose i am not liable for any profit or loss for ideas shared here.
Nifty Can pull back to 17484-17554 levels in Wave 4 Sequence looks incomplete so a last dip cannot be ruled out.
Here we have plotted possible Elliott wave counts of Nifty spot chart on hourly time frame, we are assuming equality level of (W) and (Y) near 16600 levels. Currently we are unfolding wave (Y) in which we are still in wave v of wave A near yet to complete, post wave A we are assuming to start wave B, which can just be counter trend rally, and also it can generate...
NSE:NIFTY seems to have completed wave 2 correction by retesting the Flag Breakout. We shall be heading in Unprecedented Bull Run in Wave 3 of Bull market. Fortunes can be made in wave 3 of 3.
Bank nifty hold 39600 .. expecting one correction pattern upside abc structure Expecting target 43200 Remember if any corrective structure down side dragged to 38400 level bank nifty. Expecting upper move First target 41200
BN is heading towards 40500 lvl making a-b-c correction and may even see 40775 lvl shortly. Would agree or not? Please share your view.
Nifty ascending triangle formation bullish only above 18260 daily closing
Probably we're making C Wave which would be faster.
NSE:CNXMETAL Metal stocks are bottoming out in wave 2 correction. Shall be heading in wave 3 higher. Bought couple of them today.
Nifty look like wave structure show C OF c pending target 17660 stop 17855
Short term Bearish road map described on chart, down leg going to be completed in very short time sharply by nature of pattern.
Looks like Wave 4 Triangle here. Wave 4 retracement is confined around 0.382 retracement. 445-447 is the immediate resistance. 430 is the support. Looks good here for 470-480 as Wave 5 Target.
Nifty has completed its minor move-up (shown on 15 min chart) and correcting to 50% of the entire up move is very likely. So, we are expecting a further down move.
Here we have shared possible Elliot wave counts of ETHUSD (for educational purpose only) which are suggesting correction for very short term and this correction can be used as good opportunity to go long for further trend which is expected post this correction, the invalidation level of further up move can be low of previous wave 1 which is pegged at 1071.50, if...
Kopran for quick gains can look for tp of 235 with sl of 148.80 on dc
US OIL is looking good to go long as per Elliot wave structure with invalidation level of below $ 76.50, for target level of near $ 83.05. My ideas as just for educational purpose only I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds...