It seems 5 wave moves is completed from 10334 to 10984 which can be wave C or wave 1 of bigger 3. As of now 10825 is important level for upside reversal. If we found corrective pattern from 10739 to 1092-10825 then one more low below 10739 is possible but if stays above 10825 with impulsive pattern then it will be a good sign.
SELL BELOW 925 FOR TGT 895/846 RESISTANCE 945-950 LEVELS..
Go long on Vodafone Idea above 38.50
Go Long on Jain Irrigation above 69.50
Wave (v) in blue color is in extended zone and wave (v) in red color will be in extended zone after 11016. Maximum projection of both these waves are coming at 11071. So we can conclude that from 11016-11071 range small or big decline is possible. This decline can be 45-75 points or it may be 120-200 points. The only confusion for that decline is because of the...
Upward Fibonacci Retracement of the swing is 50% but downward retracement of the swing is 110-120%.Short term target of 661 for Fourth Week of Jan 2019
Tata Comm completed the the downward retracement to 61.8%.Now,it is heading to 643 to complete another 61.8% retracement. See Chart
Long term support seen in the range of 46.2/45.5
Moving In Channel. Buy In Demand Zone As Per Comfort. Risk Reward Favourable. Other Details Mentioned In Chart. Positional View For Educational Purpose Only. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.
FEDERAL BANK 1. MORE THAN 78% FR IS DONE 2. NOW TOOK THE TREND LINE SUPPORT 3. 23.6% FR IS ALREDY DONE 4. TARGET WOULD BE 99.05, 109.55,119.65 MONTHLY
fully explained on the chart why btc will bounce from 2000-1800$
Starting from 10334 it seems currently we are in (iv) of (C or 3). wave (iv) retracement level 10740-10693 can be buying opportunity with stop loss of 10655(Not so accurate). From that buying range nifty can bounce up to 10838 and further it can also extend up to 10865-10941.
This sharp decline from 10941 to 10334 is seems like personality of wave C. And recovery towards 10941 after that sharp fall is also indicating that it might be an irregular correction pattern was completed from 10645-10440(as A), 10440-10941(as B) and 10941-10334(as C). As per this wave count 10974-11126 is the minimum target range, even if wave started from...
NSE:AUROPHARMA SL : 690 Entry : 729
In Short Term Moving In Downward Channel. At Resistance of Upper Line of Channel. Bearish Cloud Acting As Resistance. Trend Line Resistance. Fibonacci Resistance. Positional View For Educational Purpose Only. Other Details Mentioned In Chart. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.
A good setup for a possible buy trade is developing in DenaBank.. My analysis is purely on the basis of Wave analysis, Patterns and Fibs.. Will update as it unfolds..