Upcoming 11th Feb Expiry NIFTY View In case if tomorrow market open gap down and close with a strong bearish candle then possible nifty will give further 500-700 points correction move. Last 2 days and tomorrow bearish candle will make a combination of a bearish evening star pattern. 1,2 and 3 conditions are completed only last remaining and can expect it fulfil in tomorrow trading session.
Note: This view fails if NIFTY trading above 15020 and only work according to view if tomorrow market open gap down and close with a bearish candle.
Fibonacci Retracement
Upcoming 11th Feb Expiry Banknifty View In the last trading, session banknifty has shown the shooting star candlestick near Fibonacci retracement level 35930 level. Expected this week It will close in the negative direction. This will give a healthy correction of 40-50%(nearly 3000 points) in banknifty after a strong bullish rally.
Note: This view only valid if banknifty trading below 35450 in tomorrow session. This view fails if it is close above 36650 so we can place stop loss for the short position.
Disclaimer: Consider this view as an educational purpose only. If you want to trade on it then don't forget to take advise from your financial advisor. Also, Trade only with risk management.
SBILIFE INSURANCE FROM 8 JAN 2021The stock has given a good breakout on the upside with sufficient volume ...
1. Take Entry at CMP : 935 about ( 20 % )
2. Take 10% continuous entry 895 - 900 - 905 ( from down to up ) ( 30 % entry done )
3. Take 50% entry at 920
with sl of around 870
Targets ___ 940 ---> 970 --> 1030
Marico | Resistance Breakout & Retest The same level 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕
--Buy above =402.10 or CMP
--Target = 499.30
--Stop-loss = 379
--Lot Size = 2000
--R:R = 4.3
--Expected Profit = 1,94,000₹ per lot (24 % )
--Expected Holding = 2-3 months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Stock broke the strong resistance
2) retracement is also done
3) Target is based on fib. trend
4) volume is also more than enough in breakout
5) No chance of fake Breakout .as it a weekly chart
6) rejection at support level i.e high wicks ..bullish candlestick pattern after retracement
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Nifty downside with C waveDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study 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 investing/trading.
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Confirmation of fall if breaks 14565 levels then downside till 14370-14250 possible in wave C
ICICI Securities 4th wave consolidation in channelDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study 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 investing/trading.
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4th wave may have ended at 400 or would go bit more towards 0.618 fibonacci level 370.
Then upside towards 590-630 expected with stop loss 493
Titan in 4th Wave correctionDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study 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 investing/trading.
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Titan to dip towards 1310 which is 0.382 fibonacci levels.
Long near 1340-1300 levels with stop loss 1150 for 1660 - 1860 targets
Jk tyre to cooldown in 4th wave then 5th wave upJktyre moved rapidly in 3rd wace and extended now in 4th wave is expected to be slow moving downwards least 116 and max 97 possible. It may take more than month and possibly form cup and handle pattern during process.
Stop loss 85 for target 160-175-185 in 5th wave.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study 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 investing/trading.
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Reliance Double or Tripple ZigZag Count Jan 2021Every details on chart, Comments and Suggestions from Elliot Wave Analysts are Welcome :)
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 judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis. Details in description.
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Nifty Triple Three correction before budget 2021DISCLAIMER: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 judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis. Details in description.
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Nifty making triple three corrective pattern going down towards 0.382 Fibonacci level plotted between 11535 to 14753.
Stop loss for this analysis will be 13967 today 29th Jan high
If the analysis and wave count is correct then this last leg of fall will be slow paced making it clear that call is about to end.
Z wave expected to respect parallel channel drawn in and will not break out of it.
ACC long term view ( 1W )ACC performance since the 2020 market crash. Let us discuss some important points regarding to acc stock.
After the crash, it perfectly formed a channel pattern. In that it faced 3 supports, 2 resistance. As per Fibonacci retracement once it got tested 0.38 level now it is present 0.24 level. And also there is an important resistance zone nearer. After that, there will be a huge breakout let wait for it and be ready to grab it.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply good or bad just reply. Thanks for reading.
Disclaimer:- It's just for educational purposes.
Bandhan Bank Low Risk High Reward Tripple ZigzagDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study 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 investing/trading.
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I am holding this stock so my analysis could be biased. So do your own study or ask your financial advisors before investing.
Bandhan Bank in parallel channel right and making Tripple Zigzag pattern, now looks in longer consolidation zones, it will take time to come out of it.
Long can be initiated near 280 Stop loss 250 for targets 450-480.
After that another dip can be seen then it would give breakout of channel.
HDFC AMC Parallel Channel and Possible Extension in 5th WaveDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study 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 investing/trading.
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HDFC AMC in 4th wave correction likely to go down towards 0.618 fibonacci level
Good entry near 2800-2600 zones with stop loss 2069 for 5th wave 3900+ if gets extended more 4800+ possible in long term.
Targets are derived based on assumption that 4th wave will end near 2600 they will change based of where 4th ends.
Do your own study, check fundamentals too.