Display of Power of Impulse on Lower Time Frame. Consolidation at arounf 950 levels. Then an Impulse on M30 and M15 Timeframes and Boom! Locked at Upper Circuit 20%
200 was the key level identified. Hope you all enjoyed the wave. Above channel it becomes more bullish or take care if channel halts or stops the move. Last Idea on ITC
Recap from Last Idea- Bottoms picked in 2400-2425 (Support Zone) suggested @ 09:46 Hrs / 25th Jan2021- continue... Structure unfolding as expanding structure with key level- 2530 (suggested in last idea) & critical level-2408 ----------------------------- Trading Strategy ----------------------------- Plan A - Buy Above 2735 for 2850 & strictly...
hello guys :) came back with a new Idea and I think so that many of you have doubts about this stock like when and where to enter?hold or exit? etc... I also posted previously Idea that you can enter in this stock;that time it was 800 to 850 levels... I also bought this first @830 and after that I also bought @726 as I founded it bullish according to my...
As explained in previous chart we were able to pin point Banknifty's down move. Downward wave four 4 was double zig zag correction which completed near 24404. We are witnessing now final Wave 5 impulse of leading diagonal and currently in wave iii which should extend 2.618=24785 to 25000. There will be sideways correction next may be till 23500-23300. Final...
TATA COFFEE : The stock is travelling in a impulsive channel & currently the wave 3 is unfolding. As per the internal structure we can clearly see that, the wave 3 is being extended & look like it has completed its 4th of third wave. So we can expect an upside move in the stock to complete its 3rd wave. One should look buying opportunity if the prices sustain...
analysis mentioned on he chart.
As per short term view, GOLD is in the last phase of corrective wave-y, which is unfolding as an impulse. Currently the price structure suggests that there is a formation of a triangle & this triangle is being formed as a wave-4. This wave-4 triangle formation often takes place as a preparation of terminal trust and after that the 5th wave of the impulse get...
Stock post touching 650 broken Consolidation started going south till 152. From 152 it made retracement fib levels 0.5 completing first 5 wave impulse Right now stock trading in parallel channel and expected to respect it as Volume dropping and wave C could be coming to end near 270 which is again 0.5 Fib level of impulse. Long all dips towards 270 Short term...
A strong impulse Elliott wave pattern can be identified. You could go short since a pullback can be seen. It is in a bullish zone but as we know pullbacks are necessary. If you want to hold for a long then may buy on dips from this pullback.
A strong impulse wave can be identified according to me. A short position for a couple of days might be good. Also the trend is bullish so a pullback is likely to happen
1. wave count spotted 2. wave 4 (3 wave correction) finished with a bullish divergence (23.6% of the extended wave 3) 3. high probable impulse wave 5 4. once it breaks out of the channel - confirmed Weekly chart:
Cipla has an impending short long looming over it. It has had a good strong upside run in the past month Seeing a PRZ at 726.55 as per harmonics. Do have a look at the price action around these levels to see weakness. SL around 732/733 levels. So, I would take a minimum 1:1 R:R or better (per your appetite) If doesn't show weakness there, next levels to see are...
Hiii this is trader kanishk today Axis bank we dont have to buy these type of stocks still watch this full video important information shared. thank you.
TREND ANALYSIS & TRADE SETUP !! Wave Analysis !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 6-8 times.
as per my view there are two scenario one is Yellow view , as per this there are two more wave up to finish the impulse and then the down trend and the second scenario is green one as per this view impulse is almost finished in just one more up side wave, after that down trend will follow for atleast some more time
Prepare for NU BUY As described before price was retracing and now it has came around 61.8% of the original impulse, So now we'll have to prepare for the BUY. I'll looking for BUY entries around 0.6760 price level, apparently which will also complete the 5 wave structure. Good Luck