Asian Paints found its support on the highs of previous swings making double Bottom at 3152. But, did not Bounce above 3218. Stuck within these two limits. No long decision till it re -bounces above white line. Till then stay away from long. For execution, please use William %R, RSI and other indicators like EMAs, SMAs etc; and stick to proper risk...
Bank Nifty has taken support at 43573.4 in the Daily Chart, which is high of its previous swing, marked by white horizontal line and "Red Diamond", . But has not broken the upper high of 44151.8. Wait for breaking of this level and then go long very safely. For execution, please use some other indicators like Williams %R, EMAs or SMAs Happy to share. Together...
This is the time to buy NG after close of this 4H candle above 2.667. Its pure Price Action. Price retracing from high of previous swing marked by black lines and Red Diamonds. This is in no way any recommendation. Please refer to my previous analysis on NG.
Jubilant Food after completing it 5 wave cycle finding its support at black horizontal line. Let counter waves ABC get completed and price take support at the middle "Lemon" line of the Channel, then you can expect a first level of 535. For execution, please use other indicators like RSI, William%R and SMAs or EMAs Disclaimer: Author is not a SEBI Registered...
Dr. Lal Path Lab made first wave as depicted by Maroon Channel and retraced back in the green channel to complete its second wave. Now heading for the third wave in Lemon Channel, found support at the black Horizontal line with is high of the previous swing. If it doesn't break this black line expect more but the more like scenario is that it will retrace back...
Natural Gas after making three waves traced back to complete 4th wave and after completion of 4th heading towards 5th and last move of the cycle. Taking support at the red lines market with RED Diamonds. Three candles of 4 hours have formed there showing strength. But, Let these Highs get broken to confirm the completion of 4th wave and move out of the green...
MFSL has broken out of the clutches of black line and but made triple top marked with "Red Diamonds at 882. it closed in positive territory, at the close of last working day at 842 lowest of the three red lines market. However, didn't breach middle and Upper most red line Marked with RED Diamonds. Don't long unless these tops are broken at 855.5 and 882.55. Let...
One can look for imagica stock for investing for a couple of months for target of 118+ i.e for a double target the SL is at 35-40
Wait for breaking of this square either way. Most likely scenario is that after hitting the red trend line at the base, it will bounce back. wait for retracement. Author uses Gann, Fibonacci and Wave analysis along with his unique indicator. which avoids tedious Price- Time and Volume (PTV) analysis. For execution, please use other indicators like Williams%...
Pure price action trading. Refer to 4H chart of Silver. Previous high of previous swing in 4H Chart marked by Red Diamond and Blue Line. Wait to check this candle to close and next candle to stay above it. Please refer to my previous analysis on Silver.
Help on Execution Now at the micro level of 1H, Green line at the bottom is same trend line as we drew in 5H chart. Price is out of the triangle marked by red hypotenuses. Remember, at the weekly chart, we discussed that the time left is 4 days. Now this time is crucial to note because this time will enable to bring SMAs, EMAs in iH chart or charts of...
Structure seems to be confused.. In trap zone.. CPA inflation data was Bad as compare to (last 15 Year) Already done trade on 14/8/2023 ... Market structure is Strong,,, But but but its in trap zone If close below 19317 then trend reversal is there and bearish mode can be there.. If continue to sustain above 19419 levels and break 19554 after consolidation...
Trend Analysis .. Rounded bottom break out consolidation at levels.. Can be in uptrend in coming weeks..
ADANIENT Daily Time frame Structure is week... May be because of news and all .. On Crucial levels... If on 16/8/23 Gap Down and falls then can break 2440/2396 levels , Target Till 2172 in coming weeks .. If on 16/8/23 Flat for gap up and sustain above 2466 and consolidates here then uptrend will continue 2518 make or break level and achieve 2771 in coming...
After completing cycle of Elliot Wave 1-2-3-4-5; UPL has completed counter waves A-B-C. Please note that waves are always taking base at F6 at the Bottom and F12 at the top of the unique indicator of the Author. Risk averse investors can buy above 602. But as suggested by GANN always buy when price crosses 3rd square so buying above 609 is very same. Execution...
US oil - 1h executable level. Price is stuck up in a channel. Let it break down any way. Check out the support levels marked by green parallel lines. $ 83.23 is major resistance as discussed in my previous post. Will try to attach. Thank you. Happy to share.
Silver stuck up at the bottom in red ascending triangle making ABC Pattern in weekly chart ABC waves are marked by various highlighted points. Green line above is working as resistance. Further, there are two black lines marked between 22.574 and 23.800. This is the range in which the price is stuck up right now. Let us drill down to lower time frame chart.
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...