Naukri (info edge) Friends, please go through details shared below, which are making our bearish bias very strong. All the key levels are mentioned in chart along with stop loss and Targets. Possible wave counts on Daily time frame RK's mass psychological cloud is also suggesting Bearishness ahead. Bearish divergence in MACD, RSI and STOCHASTIC...
#banknifty 20 DMA placed at 40,183 and -2 Standard Diviation is placed at 38,440, so below 40,182, 38,440 becomes a logical target. Laxman Rekha for next week is 39,550 (If the price crosses above, don't be short) The market is expected to take support from 38,541 to 38,790 levels and bounce, 38K doesn't look like to get violated. This is a knee-jerk before the...
tcs is about to complete its correction at 2800, thats very good for investing in this bluechip stock. entry- 2900. stopped- 2600. target 1- 4423 target 2- 4890.
After forming double top on 20th Sep, Bank Nifty on hourly time frame is likely to continue its downward trend till its support region of 38500. There is also likelihood of it retracing it 40000 levels and then continue it journey downwards. Rest I think chart is pretty self explanatory.
cipla is in wave c of zigzag correction, target can be seen towards 1019, one can also trail their position, on purple lines.
Elliot Wave Count: Fall from Feb 2022 highs is in 3 Wave as ABC which is (W) Rise is an (X) Wave with Lot of Overlapping, Falling Volumes and a Bearish RSI Divergence Now Wave (Y) on the Downside is playing out Downside Targets: T1= 195 T2= 180 T3= 155 Stop Loss above 241
BEARS to Attack SRTRANSFIN! A Head & Shoulder Top Pattern is visible + EW count says 1 of (C) done as the 'v waves' marked 2 of (C) done as rise from 23rd August Low is overlapping Now 3 of (C) down should start CMP= 1324 TARGETS: T1= 1260 T2= 1235 STOP LOSS > 1400
expecing a negative opening of market from 60 to 90 points negative targets are updated..... expecting a reversal from target 2 this is only for educational purposes only our team is not responsible for any losses or profits
NSE:SRTRANSFIN is in wave 5 of larger degree and also in smaller degree. more possibility of going bullish, safe entry after breakout of ending diagonal.
Nifty is still looking towards south to complete very short term correction. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered...
Nifty is currently travelling in wave 3 of c wave.. expecting a gapdown tomorrow targets mentioned in the charts after the target nifty will retrace a bit and it continues to fall further expecting till 17400 be carefull in 17400 region this analysis is just for educational purposes our team is not responsible for any profits and losses
C wave running . Deeper dive is gonna to happen . Retracement is equal to sell more .
Looks like we are playing in complex correction . 1680 will be the good entry for sell stop loss 1695 Target 1656 and 1639 . 5 th wave running as per Elliott wave
As per Elliott wave structure and along with running trend sequence USOIL Crude oil is looking sell now or on rise (if any) with invalidation level of $ 90.17 Also RK's mass psychological cloud is suggesting to go short Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a...
If Index Breaks this range (39,773 - 40,205), we will be heading much lower. Regards, Subhag.
Banknifty's upmove from mid Jul (from ~ 32400) has been impulsive - either a wave 1 of a new bull market or wave C of X of an ongoing correction ( heading to 30000-32000 region) Whichever the case, the immediate direction is down if todays high of 40753 is intact. The ending diagonal is clear and should soon resolve to the downside. Expect an initial target...
Gold seems to have finished its downmove at the recent lows around 1690 levels. The move since then has traced out in 5 waves and is clearly impulsive. The one-two , one-two series of upmoves should accelerate into a wave 3 and head towards 1760 as its first stop before heading towards 1850s. Silver is expected to follow same path. #XAUUSD #XAGUSD
As per wave structure wave 1 and wave 2 of bigger degree has been completed and now, possibly we are unfolding smaller degree wave 1 of bigger degree wave 3. It has given breakout with good intensity of volumes on hourly chart. Well, Overall crude oil is looking good to go long at these levels with stop loss of $ 85.70, for Targets of $ 90, 92, 93.70, 97.86,...