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...
BANKNIFTY Resistance: 32294 - 32706 - 33231 Support: 31715 - 31358 - 30779 - 30366 - 29842
NIFTY Resistance: 14615 - 14700 - 14807 Support: 14496 - 14423 - 14304 - 14219 - 14111
TRENT EQUITY levels...16/04/2021 (D Candle)
ISEC EQUITY levels...16/04/2021 (D Candle)
AXIS BANK levels...16/04/2021 (D Candle)
Fibonacci Support Levels for Nifty in 2021 as shown on the chart. Important levels to look out for. Might be a good accumulation time when these levels are reached.
TATAMOTORS IS MAKING DOUBLE CORRECTION WXY. WAVE W AND WAVE X ARE DONE. WAVE Y SUB-DIVIDES IN ABC SUB WAVES,TODAY'S BOUNCE INDICATING WE ARE IN WAVE B.WHERE IT WILL END DEPENDS UPON THE FORM OF CORRECTION(EXPANDED,REGULAR,RUNNING/ZIGZAG). THIS WAVE B BOUNCE SHOULD BE USED TO EXIT LONGS AND CREATE SHORTS ONCE WE GET CONFIRMATION IN THE FORM OF BEARISH...
Bajaj Finserv has completed wave 4 flat correction.Currently we are in primary wave 5 sub wave 2(intermediate),breakout above 9780 will confirm end of sub wave2(intermediate) when longs should be initiated with a stop of 8960 and tgt of 10550 and 11650. Disclaimer:This are just my views,do not initiate trades only on the basis of this analysis.
Clearly we can see that at every major fibonacci levels the stock had a response. yesterday stock has touched 38.2% retracement which is good though not considered very strong because a retracement of 61.8% and bounce is considered very strong. Also this is expected because of the external influences. a 38.2% retracement is healthy and bounce here can take the...
BANKNIFTY Resistance: 32019 - 32403 - 32891 Support: 31481 - 31148 - 30610 - 30226 - 29738
NIFTY Resistance: 14689 - 14800 - 14941 Support: 14533 - 14437 - 14282 - 14171 - 14030
Buy above 305 for 2.5,7,15+++ Sell below 299 for 2.5,7,15+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 4820 for 15,40,70+++ Sell below 4755 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 4750 for 15,40,70+++ Sell below 4675 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 1942 for 10,25,50+++ Sell below 1920 for 10,25,50+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk