As per last update suggested an hour back on previous idea mentioned below (DrReddy- Dramatic Selling from 5400)- avoid selling if stock holds or crosses back above 4400 -------------------------------------------------------------------------------------------------------------------------- Trade active: 12:06 Hrs / 2nd Feb2021 Last @ 4406 Avoid sell if it...
SELL GBPUSD for the target of 1.34500 & 1.3200 with SL of 1.37250
Keep watch on level 14380-14428-14472 for reversal point Depending on above levels possible downside levels 14060-14080-14096 These targets are of 0.618 Fibonacci levels of length of Ending Diagonal Wave 5(4-5 orange colour). Below 0.618 move will trigger further fall next levels will be updated once top is formed DISCLAIMER: There is no...
Happy, Healthy & Prosperous New Year2021 Last - 31235 / 15:23 Hrs/ 1st Jan2021 --------------------------------------- Trading Strategies --------------------------------------- Plan A Buy Close to 31200 (Stops - 31142)- Target 31400+ Plan B Sell Later - Below 31500 (Strict Stops - 31500 & Above) Target 31000 / 30500...
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgement while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisor before...
Reasons to go Short on Nifty: - Rising Channel/ Rising Wedge/ Ending Diagonal Pattern (call it whatever) has formed on Nifty 4Hr Chart - Triple RSI Bearish Divergence + MACD Divergence - Today we saw a Steep Sell off (Wide Range Bear Candles) - Market breadth has shifted in favour of declines to 1:2; it was at 6:1 during the opening today - On Nifty's Daily...
Completion of ending diagonal. Target should be the origin of the wave pattern.
The upward to sideways moves over the last few weeks seem to have ended with wave Y. If prices trade below 3005, below the diagonal triangle we should be set for a large downmove. This could be a move larger than the one that started in Sep and lead to 2600 levels. Will track as it progresses Crudeoil in USD has the same pattern and should be headed the same way
State Bank of India at ₹100 ? This is a very real possibility if the elliottwave pattern on the long term SBI charts indicated above are right. As can be seen, the 2015 - mid 2019 overlapping but upward titled move can be charted to indicate a long term ending diagonal. The subsequent downmove is clearly impulsive and has now just completed the 4th wave upward...
Nifty looks to be forming ending diagonal Long near 11900, SL 11860 or intrady can go with SL 11880 Target 1 11960 which 0.5 Fibonacci then 12k again can be seen DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own...
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!! DO NOT FORGET to put your own STOPLOSS!! If the price is unable to take out the red zone in 1hr & 4hr time frame then it will consolidate in between the red and green...
If Resistance 1355 holds as the top then we expect 1180 ( 1st Target) & falling below 1180 more on the downside Last Price- 1322 / 13:03 Hrs / 5th Oct 2020 Strict Stops Above - 1355 1st Target Downside - 1180
Not a trading call Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be...
Chart Data as of 25th Sept, 2020 A Classic Ending Diagonal/ Rising Wedge structure has marked the Completion of a 5 Wave Impulse Elliot Wave suggests we are now in a Wave 2 Decline that can retrace this Wave 1 advance that just got completed I have a Minimum Target of ~ 725 for this Decline. Key Levels to Note: T1= 725 700 psychological level T2= 685 T3=...
This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal, a swift & a sharp...
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial...
As per the current structure it seems the prior correction is going to be completed in 1 0r 2 days. There is a formation of ending diagonal. One should buy the stock in the range of 860-65 keeping the stop loss at 845 for the target of 950 & if it hold then 995.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before...