Voltas, this stock has been consolidated in a parallel channel since October 2021, and now very first time it has closed just out of that same channel's top on daily time frame, Also it has been closed above 20DMA from last 15 days and sustaining on same. As per elliot wave structure we can assume that from the low of 8th March fresh impulse wave 1 started and on...
NIFTY spot chart is showing good impulsive moves, This week's price actions are adding good confidence to the view that a new upward trend has started now. We should continue higher as long as support near 17003 holds it can head towards 18170 next, and break above 18170 can move towards more north direction like 18761 and more, Wave counts are suggesting same and...
Gold retraced 61.8% of previous rise, it tooked support perfectly from 61.8% and lower bollinger band on daily time frame, and it had once again managed to hold above the RK's stop loss line on the closing basis, after taking support & closing that doji type red hammer candle, next candle closed positive and also given good follow up upwards, also buy signal...
This stock has crossed his weekly swing high, and overall wave structures are suggesting impulse ahead, also macd and other indicators are supporting our bias to go long. all the key levels are mentioned on chart. Overall wave structure macd in daily positive uptick macd in weekly converging upwards RSI in daily Most investors treat trading as a hobby...
Nifty metal index continues to charge higher in wave iii of 5, and it pushed MACD towards higher high. Overall wave structure RK buy signal activated in daily time frame Key levels are mentioned on chart MACD in Daily positive MACD in weekly positive RSI in daily uptick MACD at Higher High Most investors treat trading as a hobby because...
Metal sector is having good momentum and good charm these days, here are some stocks analysed like Hindalco and Tatasteel, both are looking good enough to go long, as per price actions and as well as per elliot waves along with trend indicators. Indicators of Hindalco hindalco macd in weekly positive crossover hindalco macd in daily is positive rsi in daily...
SAIL has marked oct top as X and then an ending diagonal, which should now be complete as prices have come back inside the wedge, wave E of wave Y is a shortest in the pattern even as it is a 'Under throw' below lower line, we can say like a fake breakdown, Now macd in hourly has turned positive along with macd in daily is converging towards north, also one...
it has reached the buy zone. I'm expecting a huge (impulsive) move from here. Disclaimer: im not a SEBI registered advisor.
Entry possible above breakout range(670-75). sl up to you 🔹Company is expected to give good quarter 🔹Company has been maintaining a healthy dividend payout of 21.14% 🔹Technically looks good(Multiyear breakout) 🔹big hands entered recently study then invest🤍 Thanku
This stock is showing good strength impulsive move towards north direction, we have witnessed breakout with good intensity of volume, wave counts are also suggesting same along with trend indicators. breakout with good intensity of volume wave structure could be like this macd in weekly macd in daily rsi in daily Disclaimer I am not sebi registered...
This stock has possibly completed 4th wave and now possibly its in a wave 5, also it has witnessed breakout with good volume after sharp fall, now trend indicators are also suggesting towards north direction, so one can go long at current levels of in dips (if any), possibly price is targeting towards 566+. overall wave counts key levels are mentioned on...
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This chart presents three major cycles. Each cycle representing a decade. First cycle worked in 90s; second one in the first decade of 21st century and the third one in the second decade. Perhaps we are in the fourth cycle that would represent the third decade. The first two major cycles ended with more than 62% percent correction of the entire decadal bull run....
BTC exactly following the same thing that it has done in past and crossing over supply zone and 200 EMA will confirms the beginning of next impulse 100K soon
So, this is EURUSD short position analysis, I use this analysis tools are flag pattern using a support and resistant line .marking a Demand zone in 50To60 pip to in target. flag pattern going to impulse wave and it makes correction wave for a fibonacci 50% touched and i take a shot position of almost 1:4 setup RR. so far watch the market how market react our prediction.
The various sectors, how they are poised? The ORB TinyBeast and ORB Impulse Hunter did give correct indications of the fall and the recovery
Just to showcase how these two TradingView indicators, help in identifying the trend, right when it's changing. See how these indicators work across various TF. Indicators used: 1.ORB TinyBeast 2.ORB Impulse Hunter
VIEW: USDINR appears to be poised for an up move as per Elliot Wave Analysis. STRUCTURE: Impulse(1-2-3-4-5)+Correction Sequence Trading Plan: Entry -- as nearer as possible to invalidation point with proper risk management according to one's risk appetite. Exit -- at or near or in the target zone as shown in the chart. Stop Loss -- Invalidation point Good...