Analysis and detailed study of corrective Wave B on Weekly chart. Please refer weekly chart Elliot Wave counting from my ideas posted 2 days ago or from the below link.
The above analysis is done in 180 min chart. Details already mentioned on the chart. Zoom in/out to see the clear analysis.
This is a breakdown of wave B to complete the same wave and to start...
Happier Time Post Mercury Retrograde Period - Happy New Year 2019
Mercury retrogrades for the final time in the year 2018 which has started on 17th Nov to 6th Dec 2018 - Next 3 weeks so we need to be little cautious as more chances of larger price swings and volatile sessions on account of frequent to and fro move in decisions related to communications, media,...
Psychological Level - 1200
Short Term Strategy
Stock should not move below or stay below 1200 mark. Getting an opportunity in 1200-1225 zone we shall look for 1325-1350 Target Zone
Long Term Strategy
Above 1345 - 1355 Zone - Target 1550+
Thanks for watching the video and your precious time.
As expected wave (iv) completed as irregular correction at 10440. Now wave 5 projection range is coming at 10666-10803 which can be achieved in coming sessions.
Tomorrow intraday buying range is coming at 10571-10555. If Nifty breaks 10596 in opening only then buying range will change according to that but if nifty enter in 10571-10555 range without breaking...
Auropharma - Playing with the channel
Excited to come up with the video. Let us enjoy the market together. Do let me know your comments. Do take good care of yourself.
11:30 Hrs - 12th Nov 2018
Downside Target - 790-794 zone below 808
Going below 790 - Look for 785 -780's target and take rest.
Missed the last update - do...
I've been looking for short move since 2nd week of the September. As shown in chart price is showing sell sign by divergence On RSI and MACD both.
When price move forward in our forecasting direction then Move SL past the entry. If it's not the move down then we again look for the sell opportunities.
As per last update in April 2017 - suggested stock could be in early wave 5 - move was choppy from 360-400 zone -we expected 570's -it went to 525 & took a turn.
Setting stops sometime is very tough as some stocks like bajaj corp they move in untidy way. Took our stops below 360 -hardly slipped to 340 & pushed upside.