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Leading Diagonal

Banknifty Corrective wave after Leading Diagonal on 15 min chartDISCLAIMER:There is no guarantee of profits or no 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 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. --------------------------(((((LIKE)))))----------------------------- Target 20735 which is 0.5 Fibonacci retracement of Leading diagonal If gaps up and open above 21065 this analysis is invalid so 21065 is SL.
NSE:BANKNIFTYShort
by Niftydirection
Leading Diagonal On Bharti Airtel can Lead to 1K+DISCLAIMER:There is no guarantee of profits or no 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 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. --------------------------(((((LIKE)))))----------------------------- Currently in corrective Waves post forming Leading Diagonal Elliot Wave Pattern. It corrected 50% of previous Rally and now heading towards 390 61.8% retracement next 330 which is 78.6% Fibonacci retracement. Any Dips towards 400, 360 add opportunity with SL 320 on Daily closing basis for long term target 550,612,1k. Conservatives can wait for break and close above wave v, 612 to confirm this analysis.
NSE:BHARTIARTLLong
by Niftydirection
8
Nifty- Channel Support At 11085 (Bounce Expected)Last Price- 11050 / 11:27 Hrs / 22nd Sep 2020 Hope You Enjoyed The Last Crack from the Tops of 11600 to 11085 . Some relief can be expected until it holds the channel support at 11085 -day low so far. Stops Below 11085 Target - 11190 / 11250 / 11325 ------------------------------------------------------------------------------------------------------------------------- Last Nifty Idea - Catching The Tops at 11600 ------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------
NSE:NIFTYLong
by WaveTalks
14
BankNifty- Leading Diagonal Scenario Leading Diagonals have 2 forms or shapes which is rarest of patterns seen in the markets 1st form - can be 5-3-5-3-5 structure (upside or downside) 2nd form- can be 3-3-3-3-3 structure (upside or downside) Bank Nifty ( Possible 2nd form) unfolded from 24th March 2020 In the current scenario ( a possible example of 2nd form i.e. 3-3-3-3-3- could have unfolded in Bank Nifty) - i.e. ( Wave-i circled is yellow wave - (w)-(x)-(y) ) & so on. When all global markets turned upside in March 2020- Most of us thought, it could be upside bounce soon to reverse down ( which is a very common reaction because we had a severe correction on account of Covid19 or Corona Virus) & we still struggling with the tricky situation thinking that some big corrections could unfold soon & has tested the patience of majority market participants. Support & Resistance for Bank Nifty 1st Support -21400 2nd Support-21000 1st Resistance-22700 ------------------------------------------------------------------------------------------------------------------------- Note This is not a trading call. Kindly do your own due diligence. Consult a financial advisor before taking any trading based on this view. Purely for Educational Purpose -----------------------------------------------------------------------------------------------------------------------
NSE:BANKNIFTY
by WaveTalks
11
Minda Industries Leading Diagonal end Wave 3 StartStock post breaking Leading Diagonal started upside with big volume. Long all dips towards 330-310 Wave 3 has started which should move towards 400-420 (1.68 Fib level) zones. STOP LOSS 277 In longer horizon Wave 5 (equal to Wave 1) positional target 475. Wave 4 will be complex and long correction towards 365 (0.382 fib level). Disclaimer: Calculated and plotted values may differ little with actual stock movement. Plotted wave count can be wrong. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing/trading. Please hit like button that will motivate me to do more. You can donate Trading view coins as well. Thanks :)
MLong
by Niftydirection
6
Nifty-10300 to 10550-An Awesome Run Upside- Is It Done & Out ?Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ------------------------------------------------------------------------------------------------------------------------------ The Last Nifty Idea - Buy Above 10300 for 10550 ------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- A Question which you need to ask yourself - This Time I am not giving any direction. You need to suggest what you think about Index with your own charts. Pour in your answers with awesome charts. Let us have a constructive talk. ----------------------------------------------------- My TradingView Profile Page ---------------------------------------------------- in.tradingview.com -------------------------------------------------------------------------------------------------------------------- Cheers & Best Wishes
NSE:NIFTY
by WaveTalks
33
Nifty -Possible Leading Diagonal-Selling from the Tops @10550Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ----------------------------------------------------------------------------------------------------------------------------- Leading Diagonal (Type 1 Diagonal) Question in Level 3 CMT Exam -------------------------------------------------------------------------------------------- Real-Life Story - In 2015 - Got Question in The Final Level 3 -CMT Exam - What is Type 1 Diagonal which I got a logical solution just by connecting the pieces & thinking about Ending Diagonal (Type 2 Diagonal) which ends the structure whereas Leading Diagonal (Type 1 Diagonal) starts the structure- helped me to crack the question. -------------------------------------------------------------------------------------------------------------------------------- Questions which we need to ask ourself in the current scenario - Is this a Big Leading Diagonal from 7512 to 10552 then also deep retracement is possible & holding 7700-8000 zone with minor supports 8800-9000 can open the extreme bullish scenario ------------------------------------------------------------------------------------------------------------------------ Trading Strategy ----------------------------------- Selling From 10540-10560 as suggested in the previous video ideas & status update or Sell Below 10300 for 10000 / Below 9950 for 9700-9725 / Below 9700 for 9550 -More on the downside if 9500 gets broken -------------------------------------------------------------------------------------------------------------------------- TradingView Profile Page in.tradingview.com --------------------------------------------------------------------------------------------------------------------------
NSE:NIFTYShort
by WaveTalks
31
Nifty - Is 11461 the Bottoms- Accumulation WedgeShort First & Long Later Trading Strategy Plan A – Selling in 11685 -11710 for Targets - 11650-11660 Plan B – Selling below 11650 for Targets - 11600-11615 Plan C – Selling Below 11600 for Target zone - 11525-11540 Plan D – Buying in 11600-11615 zone with strict stops below 11590 for 11700-11710 & Above 11725 for 11775-11800 & Above 11825 for 11980-12000 & Above 12050 for 12150-12200 Plan E- Buying from 11525-11540 with strict stops below 11500 for same targets as suggested in Plan –D Risky Traders Call – Most Critical Zone – 11475-11 490 can also be used as buying zone for targets 11700-11980-12200. Picking the Bottoms at 11461 lows Image The Last Video Idea - D- Street or Damaged Street - 520 Points Fall -11961 to 11461
NSE:NIFTY
by WaveTalks
93
ICICI Bank - WAVE 5 IN PROGRESS ON MONTHLY (Good Investment)I have observed that the price action of ICICI on monthly chart is trending up and building a clear leading diagonal. It is been moving in 5-3-5-3-5 waves pattern that is narrowing gradually with the price action. At present, It is been observed that the leading diagonal has completed its Wave 1, Wave 2, Wave 3, Wave 4 and now it is preceding towards the completion of Wave 5 that will take the price action to expected levels of 400 in months to come. It is an decent opportunity to invest with limited risk and good amount of returns on investment.
BSE:ICICIBANKLong
by NeeteshJain