NIFTY has given a very sharp up move from 20980 till 21834. This is one leg and its ideal pullback will be 50%. And as per ABCD pattern also this idea gets another confirmation.21380-21400 will be a major support in the next few days. It may bottom out from this region. If we get a bullish reversal price structure in 15 Min TF then we will simply plan long.
Nifty forming Triple zigzag correction pattern from 19254 and it seems currently it is trading in final abc where wave a is completed and wave b is completed or will complete around 19420 then final bounce of wave c above 19484.......from 19484-19556 range big decline is possible. One can plan stop loss above 19556.
Nifty there is no stoploss available on the top side so nifty might create fake move(bull trap) and start falling up to 18600 level to take out all the buyers(or hit SL). Nifty has broken the support trendline from monday. If nifty opens a gap-up and again takes support of the trendline we need to wait for the trendline to break.
If nifty breaks and sustains below 16700 for two weeks next destination could be 14200 , sl-17340 after activation Nifty seems to have completed 5 waves on upside already at 18604 and recent rally from 15183 to 18800 was a kind of an irregular upmove in form of abc. This thesis will catch more aggression once 16700 gets violated with abv condition.
Nifty look like wave structure show C OF c pending target 17660 stop 17855
NIFTY currently travelling in the 4th wave of the " C " Wave expecting nifty in buy side till around 17475 from there expecting a huge fall again breaking the previous low This analysis is just for Educational purposes Our team is not responsible for any kind of Profits or Losses made
expecing a negative opening of market from 60 to 90 points negative targets are updated..... expecting a reversal from target 2 this is only for educational purposes only our team is not responsible for any losses or profits
From 15511 an impulse wave is started and in that impulse wave iii is not extended(means projected less than 161%) that is why wave v should be extended as per the rule of alteration. So wave v started from 16438 is extended after breaking above 17205(61% projection of wave v). Now Nifty may decline towards support range 16948-16675 from given resistance range....
Hello Friends, Heare #NIFTY as per elliot wave set up in 1 Hour 5th wave is completed and now ABC Running, we can Buy Nifty here 15700 to 15750 level SL is 15500 for the TGT OF 16193 O 16344. Happy trading.
Nifty started the fall expecting a fall till 14900 - 14600 in long term now its purely bearish this analysis is just for educational purpose only our team is not responsible any profits or losses
NIfty is preparing for the final wave V of wave C of wave (C). Price has completed the sub-wave (iv) of wave C. Currently, we are riding on the impulsive wave V of wave C. If the price breaks the low of wave iii, Traders can Expect the following target of 16110 - 15978 - 15856. After completion of final wave C, Price will start a bull run. If the price fails...
If bulls break the control line, we can expect the following target 17356-17472-17521. But The rejection from the control line will drive the price to 17150 - 17012- 16900. Nifty has completed Impulsive wave C of wave(c) of wave ((Y)) and started marching upward. In this initiative, we can see a sharp move with three gaps . A gap down on Monday indicates ...
expecting a bearish movement from tomorrow we short nifty with a target of 16600 and stoploss of 17600 taking entry @17400 competed the 4th wave cycle so expecting the beginning of 5th wave tomorrow this analysis is just for educational purpose only tae trades based on your own risk
Nifty is forming the 5th wave of the 3rd wave so expecting a gap down tomorrow or a bear run tomorrow trade at ur own risk just for educational purpose only
Nifty has finished the 5 wave motive structure now it's time for corrective wave corrective wave has started hence expecting a bearing movement tomorrow #elliottwave #bse #indianstockmarket #nifty #niftyanalysis #indianstockmarket #nifty #niftyanalysis #nse #banknifty #bankniftyanalysis #chartanalysis #chartpatterns #elliotwaves #tamil #english #banknifty...
Go short after the breakout of the trendline wait for confirmation in 30 mins go short after the 30 min candle close below 17990 target around 17600
3rd wave completed and in reversal zone so expecting a down fall it might retest between 17370-17410 will turn bullish again after the retracement above details are purely for educational purposes only
nifty has formed inverse head and shoulder in 15 mins, expecting to be bullish expecting gap up tomorrow using elliot wave and inverse head and shoulder... it is just my view. EDUCATIONAL PURPOSE