NIFTY 50: WEEK-TECH-SHEET-> 7th January 2019 to 11th January 2019 Nifty 50 moves around – 137.15 pips from 7th January 2019 to 11th January 2019, in which nifty 50 did not break last week 31st December to 4th January 2019 top nor bottom. As mentioned on reference 19th December 2018 evening order If it continuous to break 10985.15 Buy @t Entry: 10990 Stop Loss:...
It seems an impulse is completed from 10535 to 10923 which could be wave (A or 1) and wave 10923-10629 can be (B or 2) and now 100% and 123% projection of (C or 3) is coming at 11017 and 11109 respectively.
NIFTY 50: WEEK-TECH-SHEET-> 31ST December 2018 to 04th January 2019 Nifty 50 moves around – 294.95 pips from 31st December 2018 to 4th January 2019, in which nifty 50 breaks last week 24th December 2018 to 28th December 2018 top 10893.60 As mentioned on reference 19th December 2018 evening order If it continuous to break 10985.15 Buy @t Entry: 10990 Stop Loss:...
NIFTY 50 2018 RECAP nifty 50 performed only + 3.29 % for the whole year, in which 28th august 2018 top 11760.20 consider to the year top where as 23th march 2018 low 9951.90 consider to be year low. nifty completed (+ or -) 1808.20 pips which seems to be range bound, for the upcoming year 2019 if nifty 50 breaks 28th august 2018 top: 11760.20 and sustains above...
As shown in chart an impulse started from 10535 is almost in its completion range. Maximum upside projection is coming at 10896-10925-10949(shown by ellipse) range. From that range we may see corrective wave downside of 140-180 points.
NIFTY 50 REBOUNDS Nifty 50 starts below previous day 24th December 2018 low 10649.25, completed positive around + 212.95 pip which breaks previous week 17th December to 21st December 2018 low 10738.65 but still did not break 24th December 2018 top 10782.30 If it breaks 10782.30 Buy at entry: 10784.00 Stop loss :10534.00 Target 1: 10846 Target 2: 10867 Target...
NIFTY 50 OPTIMISTIC??? nifty 50 starts above previous days 25th December 2018 top 10747.50, complete negative around - 69.75 pip continue with reference 26th order If it breaks 10782.30 Buy at entry: 10784.00 Stop loss :10534.00 Target 1: 10846 Target 2: 10867 Target 3: 10909 Target 4: 11034
It seems an impulse wave completed from 10985-10535 and wave started from 10535 is also showing impulsive personality as of now. wave (C or 3) is projected more than 161%. Now 38% retracement level is important to watch which is coming at 10687. If nifty decline in this range(10710-10687) with corrective pattern then we can see one more bounce as wave (5). Trade...
As of now I am not showing overall picture but from 10985 it seems an impulse is started and currently its in 5th wave. minimum projection of wave 5 is already achieved and maximum level of wave 5 is coming at 10592. so from this range we can see a bounce of 85 to 145 points in Nifty.
nifty 50 moves around - 133.05 pip and breaks previous week 17th December to 21st December 2018 Low Point 10738.65 which seems to be bearish as mentioned on reference 19/12/2018 evening order if it continuous to break 10985.15 Buy @t Entry: 10990 Stop Loss: 10890 Target 1: 11015 Target 2: 11023 Target 3: 11040 Target 4: 11090
It seems 5 wave moves is completed from 10334 to 10984 which can be wave C or wave 1 of bigger 3. As of now 10825 is important level for upside reversal. If we found corrective pattern from 10739 to 1092-10825 then one more low below 10739 is possible but if stays above 10825 with impulsive pattern then it will be a good sign.
nifty 50 moves around - 246.50 pip this week from 17th December to 21th December 2018 which seems to be bearish, if it should continue positive it is better to wait nifty 50 to break 10985.15 as mentioned on reference 19/12/2018 evening order if it continuous to break 10985.15 Buy @t Entry: 10990 Stop Loss: 10890 Target 1: 11015 Target 2: 11023 Target 3:...
nifty 50 moves positive around 57.15 pip which breaks previous day 10915.40 as well as previous week (from 3rd December to 7th December) top 10943 if it continuous to break 10985.15 Buy @t Entry : 10990 Stop Loss : 10890 Target 1 : 11015 Target 2 : 11023 Target 3 : 11040 Target 4 : 11090
Wave (v) in blue color is in extended zone and wave (v) in red color will be in extended zone after 11016. Maximum projection of both these waves are coming at 11071. So we can conclude that from 11016-11071 range small or big decline is possible. This decline can be 45-75 points or it may be 120-200 points. The only confusion for that decline is because of the...
Starting from 10334 it seems currently we are in (iv) of (C or 3). wave (iv) retracement level 10740-10693 can be buying opportunity with stop loss of 10655(Not so accurate). From that buying range nifty can bounce up to 10838 and further it can also extend up to 10865-10941.
This sharp decline from 10941 to 10334 is seems like personality of wave C. And recovery towards 10941 after that sharp fall is also indicating that it might be an irregular correction pattern was completed from 10645-10440(as A), 10440-10941(as B) and 10941-10334(as C). As per this wave count 10974-11126 is the minimum target range, even if wave started from...