SENSEX Recession Chart Bear Market Layout - Elliot Wave Corona Virus has affected us and Economy a lot which I think will surely lead to a Recession, As in 2008 recession, Market had 63 % decline from ATH which lead to housing market crash. I think the same will happen again for next 2 years. Good buying level to enter the market for long term is around 21000...
IN HIGHER TIME FRAME NIFTY IS IN BEARISH BT IF YOU WANT TO TAKE THE GOOD ENTRY IN NIFTY OR FOR INTRADAY SITUATION 01: IF YELLOW LINE BREAK ABOVE SIDE ITS LOOKING TO TOUCH THE LEVEL OF 900 YOU CAN BUY NIFTY 8689 WITH PROTECIVE STOP AT 8422 TARGET 8831-9046-9200 (IF NIFTY TOUCH 9000 YOU CAN SHORT ) SITUATION 02 : IF NIFTY BREAK LEVEL OF 8422 (YELLOW LINE ) YOU...
BAJAJ FINANCE MAINING TTRIANGLE IN 60 MIN ) YOU CAN LONG FROM HERE LONG ABOVE 2266 STOP 2160 TARGET 2300-2401-2500-2600 PLEASE GIVE YOUR ANSWER WHAT YOU THINK ABOUT MY IDEA !! YOU CAN DIRECTLY OR JOIN THE GROUP FOR DAILY UPDATE WHATSAPP chat.whatsapp.com OR MESSAGE ME ON +917412889000 TELEGRAM T.ME THANKS REGARDS RAVINDRA
Bandhan bank is showing potential of a V shape reversal pattern on Daily and 4Hourly chart. Can expect a retracement upto 200-210 level and the continuation from there towards upward direction.
Almost 120 points fall predicted on TATASTEEL . Reversal can be from now. So i suggest to book profi t on this stock. Look this chart was updated by me last month. Almost 120 points fal l from my short-selling level.
Sell Bank nifty on 1 hr charts
IOC is in a clear downtrend which gave us a nice bounce to the Kijun sen / 0.5 fib level followed by 2 days of rejection. Will be shorting the futures lot of feb 2020. Short 115.45 Sl = 118.30 Target 1 = 109 , RR = 2.26 Target 2 = Open and trail with daily heiken ashi candles if trade works out in our favor.
Series of Impulsive and Corrective patterns in a large down-move.
Once it broke past the Descending Trendline, there has been nothing stopping it. A simple yet strongly effective way to check the change of Long Term Trends.
Any negative trigger only on a break below red line.
Hinging on a very important Trendline.
Take a step back and try and understand the History that this price has, since 2008. All the times it could not cross this price, or crossed and failed. Ideally, it would be a better idea to invest only and only on breakout, with Trailing Stops.