Nifty was heaving correction in previous weeks. Now, It looks like it has completed corrective structure and marching upward. If you are following my daily outlooks, you can understand these charts easily. If the price is about to change the direction, It will make an initiative then confirm it. Nifty will confirm its bull trend by breaking wave B at 18350. In...
Price has completed the corrective wave 4. If the price doesn't break the 3rd wave's high, then the corrective wave will begin. Furthermore, the 4th wave can be extensive (between the range of 1014 - 1475). The target for Swing Traders: Target 1: 1525 Target 2: 1632 Target 3: 1764 The target for Day Traders: 1455-1479-1490
Is Yes Bank Making A New Low? The YES Bank stock has started falling for a long period. If it breaks the consolidation area, it will keep collapsing, and we may see 10 - 9.60 levels soon. It's under that range from the last 17 days. But according to price action analysis, it will try to jump up to make a new LH. It can be nearby the 12.15 - 13.5 range....
Buy near ₹ 1400 with a stop loss of ₹ 1395 Target ₹ 1600 Happy Investing
Intraday traders and short-term investors can buy nearby sub-wave 4 of wave (3). NSE Eicher motors are making waves ((5)). We may see the following targets soon: 3005 - 3146 - 3223 - 3292 Invalidation: Wave 4 can never Exceed the starting point of wave 1. Sub-wave 4 can't touch sub-wave 1 of wave (3). If you have any queries or concerns, don't hesitate to ask...