NIFTY is currently in a sideways zone, and a double top pattern seems to be forming, but confirmation is still pending. The marked zone on the chart, 21635 to 21515, could potentially act as a support zone for NIFTY as these are Fibonacci levels. Speaking about the double top pattern, if the price closes above 21126, this pattern will become invalid. On the other...
Identified a channel and consolidation mark. Marked levels for upward and downward movements. Anticipating the upcoming developments in Bank Nifty. Stay tuned for the unfolding narrative. 📊🔄 #BankNifty
NIFTY after forming corrective formation more likely an expanding channel expecting a movement to the upside. Target to reach at 21000
Nifty Analysis Recap from yesterday: “For Monday I wish to continue my bearish stance with the first target being 19563 and second 19484. If the momentum fades and we are unable to pick a direction in the opening 2 hours — I wish to change my stance to neutral to a wait and watch mode.” Firstly my bearish call did not work out today - that disappointed me a...
Nuvoco formed beautiful trendline. Above 387 Good for long
Their are 3 expected bottom for TCS, which is predicted using ELLIOTT WAVE ANALYSIS. As shown we are in the process of WAVE C. Ending of WAVE C is expected at 3 point, which are 62%, 100% & 123% (projection of WAVE C)
GLAND Pharma is looking for a great buying opportunity after formed descending channel lined up with double bottom, Expecting to reach at 4000
AMBUJACEM @ 349 - Analysis on 20-Feb-2023 As long as 271/132 holds support, We can see 586, 777-823, 1089-1133 in the long run.
Buy above 17940 level Sell below 17880 level Strong resistance at 18060 Strong support at 17760
If it's breaks upside Buy CALL OPTION else it's breaks downside Buy PUT OPTION BANKNIFTY TRADE LEVELS FOR TOMORROW BUY ABOVE - 42350 SELL BELOW - 41950
This is a risky analysis I was trying to fit patterns here but couldn't fit any and the best fit I got was The cup and handle and which might not be right here but it looks more likely to be good and the analysis is that the market is more likely to go up if external factors don't affect them. I've set up the targets for both Bullish and bearish market. You can...
There is break down, and nifty may soon see 17000 sooner, this is only for education purpose
abcapital can be bought once it breaks the pole line. can buy above 159 for 10% targets.
hello everyone.. now Nifty is trading 17721 level and today weekly expiry.. If nifty sustain above 17700 level till first half than we can see good bounce from current level up to 17800 Down side below 17700 upside if sustain above 17700 ----17800 till 3 pm stoploss As per your risk management ..
Things to Remember: -->I am neither a Bull nor a Bear and I believe in the term "Correction" rather than "Crash". -->No one was correct/is correct or will be correct all the time. -->Particularly these wave analysis may go wrong at anytime that too with a novice like me high chance. -->With the same data / charts available there will be another analyst, he/she...
# Trade is bearish. Bullish - Above 17642 Bearish - Below 16746 Range Bound - 17642 - 16746
Look at the bigger picture. It might be a 5-3-5 corrective pattern(ABC) or 3-3-3 corrective pattern (WXY). If Nifty crosses 17135 recent swing high then it will be a buying opportunity in intraday basis. Targets of 17330 If Nifty crosses 16997 recent swing low then it will be a selling opportunity in intraday basis. Targets of 16800 Please do not take a trade just...
ITC broke the trend line with high volumes. *It has been in uptrend without a proper correction for uite a long time. For Intraday can short ITC @cmp:327 - 328 with a Stop loss of 332. If the trade goes in our way Targets will be *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by...