N100 is approaching for support at 938. price may reverse from here. keep a close eye !!!
Bullish signs on Nasdaq ! i m bullish on nasdaq ! which will impact on nifty also.
Om Namah Shivay Trying an alternate count fitting to NASDAQ Index Wave analysis. This is for educational purpose only. There are no trading suggestions. Om Namah Shivay
Om Namah Shivay Trying an alternate count fitting to NASDAQ Index Wave analysis. This is for educational purpose only. There are no trading suggestions. Om Namah Shivay
Tracking Nasdaq 100, one can buy on the breakout and sell on the breakdown of the pattern. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
As per the chart, SGX Nifty is showing a Head & Shoulder Pattern on its hourly charts. Breakout is awaited. Once a valid Breakout comes above the level of 13800, we may see SGX Nifty go to the levels of 14000 - 14100. As of now one can keep it on his radar, and wait for the breakout to enter into the trade.
The US benchmark index Dow Jones has formed a Flag pattern along with a Rising Wedge pattern. With both the patterns happening at the same time one should stay neutral and wait for breakout above or below the wedge pattern, to get confirmation of the next move. Though the overall trend is still bullish but in the current scenario, its prudent to have...
The US benchmark index has given a rounding pattern breakout on hourly chart. Though the breakout was given just an hour before market close on 4th Dec 2020, but today's gap up has continued the upside. As per the bullish breakout of the pattern, dow jones can touch app 30850 - 31000. And as per the current chart scenario one can buy with a stop loss below...
The US index Dow Jones has formed a Cup & Handle pattern on hourly charts. Breakout is awaited. A valid upside breakout will lead to further upside but previous swing high may act as a supply zone.
These are my thoughts on the NASDAQ Double correction into WAVE 5 WAVE 5 will reach the 100 FIB by chance around the time of the Election It doesn't matter who wins, the NASDAQ will head lower for a deeper RUNNING FLAT correction of the March 3rd LOWS
NASDAQ is trading in Distribution zone can trade on side-ways for few days
High on range.
RSI and MACD giving very strong bearish divergence signal....
Next resistance zone at 9400-10000. Resistance Zone is not necessarily a reversal zone. Must check the behavior within the zone.