CNX METAL INDEX IS NEARING IT'S WAVE 5 OF IMPULSE.AS IT HAS TAKEN A FORM OF WXY CONVENTIONAL WAVE 5 TARGET'S ARE EXCEEDED.AS OF NOW WAVE Y OF WXY DOUBLE CORRECTION STRUCTURE IS NEARING IT'S 1:1 EXTENTION TARGET AREA.EXIT LONG'S BECAUSE COMING DAY'S MIGHT SHOW US DEEPER CORRECTION AS THIS TIME IT WILL BE CORRECTING ENTIRE 5 WAVE IMPULSE. ALTHOUGH WAVE Y TARGET CAN...
Seems like Nift forms a kind of Head and shoulder pattern. and there could be possibility of NIFTY stopping at 13750 Level. Lets wait and see where market has to head us in coming days. Keep Learning.
Airtel 2nd wave was shallow but 4th is deep zig zag and 3rd wave is normal went upto 1.618 that is 622. 5th wave minimal target 0.618 is 641 but would get extended 100% or beyond as well. Signs of extension will be 641 break and channel drawn 3-4 break. Long on any dip towards 530-515 with stop loss 499.5 Top of wave 1 is 481 ideally that should be stop loss....
GOLD SPOT / U.S. DOLLAR (XAUUSD) Daily Chart (log scale) Short Term Update Bullish Sequence till 1876 to 1923 odd levels OANDA:XAUUSD
M&M EQUITY levels ...19/04/2021 (D candle)
U.S. Dollar Currency Index (DXY) 240 Mins Chart (log scale) Bearish Sequence Next Possible Target is at 90.82 to 90.113
HDFC BANK levels ...19/04/2021 (D candle)
Crude levels ...19/04/2021 (1hr candle)
bank nifty levels ...19/04/2021 (1hr candle)
nifty levels ...19/04/2021 (1hr candle)
Stock of the Week: #Tanla Entry Price: 985 SL: 844 Position Sizing: 26% Reason: a. Cup formation on a weekly chart. b. Bounced back from 50% retracement and manage to close just above 23.6% retracement on a weekly chart. c. In a range of 10% all-time high.
Dear All, Max Financial Services Ltd - Was formed in the Flag Pattern and it's was in the Consolidation. If the Script closes above 910 in daily time frame, then we can go for Long. Entry - Above 910 ( Closes in Daily Time Frame after retest) Target - 1010 SL - 870 Disclaimer: Kindly do your own analysis before executing the trade.
Target- 130 levels good buy between 95 to 96
After retracement of 31% on weekly chart. Syngene is ready to bounce back.
Bajaj Finance in wave 4 made double zig zag(wxy) and took support in zones 0.5 and 0.618 fibonacci level wave 2-3. On weekly chart hammer is geeting formed which is trend reversal sign still one day left to complete week. 3rd Wave didn't went above 1.618 so its not extended so as one (sometimes two) of the wave five waves gets extended. 5th Wave least target...