EWT
JIOFIN BULLISH VIEWJIOFIN BULLISH VIEW
ELLIOTT WAVE THEORY
JIOFIN showing the fractal nature , completed 1st wave and 2nd wave higher degree
showing upward signs , high volume traction can move 3rd wave to equality around 500 or even upto 1.618 around 620.
let it gain some traction
Wave 1 is considered using 17 leg formation to avoid further classification of inner counts , easy to count in case extension and prominent impulsive moves.
This is for educational purpose only, in case of any suggestion you are welcome.
Energy Web Token (EWT)- Prediction for Bull RunEWT commonly known as Energy Web Token is the native operational token of the Energy Web (the first open-source, enterprise blockchain platform tailored to the energy sector). So being unique i.e. related to Energy Sector and as the demand for more Renewable Energy tools & applications will increase so as the EWT price.
So, in this chart I have just tried to predict the price of Energy Web token considering its uniqueness and ever rising demand.
Even we take the previous run, its price got approx 450 % increase from ($4.8 to $23.5). Taking from previous high i.e. 23.5 and even taking a 450 % rise, the price prediction will be approx $130.
So, let's see where it will go.
#NFA
Please #DYOR
#HAPPY_INVESTING
Will try to keep bringing such ideas/views/predictions as well as short term trading ideas.
KUCOIN:EWTUSDT
BPCL _beautiful chartin last chart i have written it as HEAD AND SHOULDER
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But here it has formed a running triangle of 3-3-3-3-3
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And it has taken support in 1 hrs time frame from 200 MA
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so buying now with target as shown in chart
take pink lines as tgt 1 , tgt 2, tgt3 respectively
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MANAPPURAM FIN may fall like hellas you can see the chart it has completed its 7 waves and now it may show a big fall
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below 153 it looks very weak
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keep stoploss and trail it if you are going to short this....
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thanks..
gee ltdanother company with best fandamentals
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3rd wave may be start avobe 39
For safe trader - buy avobe 43 rs
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have some risk and buy it for long tem - more than a year
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thanks
escortsmay be making 3rd wave good opportunity to buy this stock after the fall that shown in chart....
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then buy at support lvl as shown in chart
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good luck----
THANKS..........
HIKAL LTDENTER ONLY AFTER 195 -200 ___ FOR SHORT TERM
so many confirmations are there .... in monthly time frame it has formed head and shoulder pattern
flag ---- in daily time frame
and has taken resistance from 185 ...
FOR INTRADAY YOU CAN ENTER @ 186
with stop loss of 6 rs and target of 195 (only for risky trader)
according to my study it is a pharma company and NIFTY PHARMA will be also bullish for more 1500 points apprx .
and now it is above 50 and 200 DMA and SMA so all over technically it is busllish
and according to EWT it will enter in 3rd wave after 200
but financially it is very weak but you can go for short term above 195-200
NIFTY - triangle formationsell @ entry point and exit with apprx. 300 point @ given target with stoploss of 50-100 points.
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a triangle has formed in nifty . entry nd exit are given in chart .
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THANKS
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bioconthis may the last move of impulsive wave then after it may correct itself
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BUY NOW FORTHE MOVE OF 100 -150 POINTS
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THANKS
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blue starHarmonical pattern made cup with handle @ end
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according to me break out point will be 690.60
so you can buy above 690.60 .
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so 1st target - 800 (161.8%)
2nd target - 900 (261.8%)
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THANKS..
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USDINR#elliottwave #supportandresistance #usdinr #USDINR
based on Elliott wave theory and support and resistance
so here according Elliott wave theory it is making 3rd wave of higher degree.
WHAT IS HAPPENING IN RED CHANNEL ?
IN RED CHANNEL IT IS FORMING 3RD WAVE WHICH CONTAINS LESSER DEGREE WHICH IS MADE UP OF 5 IMPULSIVE WAVES so NEXT IS 5TH WAVE AND IN 5TH WAVE IT WILL FALL NOW.
SHORT IT AT 73.532
TARGET - 72.342