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Market Prediction - Technical Analysis Works all the timeDear Traders, Thank you for your support, It helps me more to post more educational videos on technical analysis. Today I was discussed about how market respects the trend, and how accurately works. Based on my experience and my knowledge and the way I'm analysis the market, I have posted an educational videos every week. This week I was posted about the rally happened in the market last Friday 20-92019. I was predicted the market will move towards 38% retracement level upto 27200 by next expiry, but unexpectedly it will move up vigorously from the outcome of tax reduction announcement. Wow what a great profit. These kind of opportunities will occur only once or twice on a decade, we have to utilize this based on our market technical knowledge whether we are in buy side or sell side. Kindly give us likes, comment and share this videos for more people get to learn. Thank you, Deepak
NSE:BANKNIFTYEducation
by Deepaklivi
E- wave or Extradition Bill -Hong Kong- Is it too late?Disclaimer All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Trading Strategy Daily Outlook Index is close to the current supply zone 11025-11050 & this zone acted as supply zone even earlier so we need to be careful. Any upside extension can be expected once index sustains above 11050 where It has scope to travel upside in 11100-11125 & it shall face key resistance zone of 11140-11150. Few confirmations required for short term trading Trade below 10950 Break of the rising channel which holds – “wave-e” Initial clue confirmed with bearish Candlestick pattern- Evening Star Weekly outlook – Bearish Till Critical Level of 11200 acts as resistance (holding stops above that level) our downside objective – 10750/10630-10650/10580/Below 10580 for 10525-10535. Don’t forget to tune in the next video idea – on “Gold at 15K– Raising Mercury Level’s ”
NSE:NIFTYEducation
by WaveTalks
103
Nifty-Elliottwaves-Wrong = Right/ Let us crack coiling effectIn the middle of coiling effect. Let us wait for the structure to finish & feel the real beauty. Happy Weekend This coiling effect can be called "Ending Diagonal or Falling Wedge" Trading Strategy Plan A (Sell or Short Positions)- Expect Bounce close to 11300 – 1 1325 & Sell in the zone 11300-11325 with stops above 11360. Targets - 11250 / 11200/11150-11175 Plan B (Buy or Long Positions) – Look for support zone 11150 – 11175 or close to 11175 for upside Targets - 11300 / 11360 / 11400 / 11460 / 11700-11710 / Above 11725 for 11980-12000 & Above 12000 for 12200-12300 zone. Plan C – (Sell or Short Positions) Any move below 11150 – expect 25-40 points which is extremely risky as only below 11100 – I will advise to take sell / short positions for 10750-10800 Target zone.
NSE:NIFTYEducation
by WaveTalks
92
Nifty - D-Street or Damaged Street-520 Points Fall-Elliott WavesTrading Strategy Safe Traders Buy above 11585 for Targets 11625/Above 11650 for 11775-11800 / Above 11800 for 11980-12000 / Above 12000 for 12100-12200 Risky Traders Look to buy in 11480-11510 zone with strict stops below 11460 for above mentioned targets as suggested for safe traders. --------------------------------------------------------------------------------------------------------------------------------------------- Last Video Idea --------------------------------------------------------------------------------------------------------------------------------------------- Budget 2019 Idea - H & S Pattern Failure at 11625
NSE:NIFTYEducation
by WaveTalks
31
Nifty - Budget 2019 -H & S-Pattern Failure at 11625 What is a trendline A trendline is a straight line that connects two or more price points. Extending this line into the future, it also acts as a line of support or resistance. There are two types of trendlines—the up trend and the down trend. Trendline Rule The general rule in technical analysis is that it takes two points to draw a trend line and the third point confirms the validity. Trendline can be a neckline / support line as explained in the Head & Shoulder pattern in current scenario. Trading Strategy Plan A Sell below 11930 with strict stops above 11975 for targets 11875-11890 Below 11875 – 11830-11845 Plan B Buy in the zone 11830-11845 with strict stops below 11800 for targets 11950-11975 Above 11975 – 12000-12050 Above 12050 – 12100-12125 Plan C Sell below 11775 with strict stops above 11815 for targets 11700-11625/11650 Below 11625 – 11500/11525 --------------------------------------------------------------------------------------------------------------------------------------------- Previous Ideas --------------------------------------------------------------------------------------------------------------------------------------------- 29th April 2019 - How will you sell - X-wave mission 15th May 2019 - We got Gartley M 11th June 2019 - Head & Shoulder with Right Shoulder at 12000
NSE:NIFTYEducation
by WaveTalks
39
Tata Coffee-Enjoy the Coffee in The Cup Thanks for your precious time & do put your feedback below in comment section - I would love to hear from you. Most of us can learn as well - ----------------------------------------------------------------------------------------------------------------------------------------- Correction - Sorry using "circular shape" over the video - Its a curve shape from 168 to 185 - silly mistake -happens. ----------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Plan A - 19:57 Hrs / 14th March 2019 Last Price@95.35 Buy If you get dip somewhere close to 90 & 85's - obviously you should throw away the cup if 80 gets broken that should be understood. Target 1 120-140 Target 2 Above 140 - 175-185 Target 3 Above 185 - It should not move below 175 post crossing 185 highs then look for 250-280's as suggested over the video. ------------------------------------------------------------------------------------------------------------------------------------------- Image of the Coffee on 26th Aug 2018 Enjoy the Coffee in The Cup - With Double Bottoms@80 Cup & Handle Pattern A cup and handle price pattern resembles a cup and handle where the cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern typically has low trading volume, and may be as short as 7 weeks or as long as 60-75 weeks- roughly a year and half. The fall from 185 in Nov 2017 shall complete a year in Nov 2018 so that would be the period or time zone plus couple of months more- one should be alert as its aroma could spread across the globe & everyone would be interested to take a sip. Cup and Handle Stops and Targets A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout. Successive breakout zone shall be above 175-185 & I am taking conservative target measuring 85 points which is depth of the cup above 168-170 zone or above 185 as shown over the video, which gives a roughly target zone of 250-280. Once it breaks out & above 140 key level –make sure it never returns back below 140-135 zone else that could be risky. --------------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Suggested on 26th Aug 2018 --------------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Long Term Strategy Plan A – Wait for the stock to cross 140 & upper trendline of the handle & maintain stops below 135 once it crosses above 140 – Target Zone -175-180 & Above 185 – as 250-260. Plan B - Look to buy above 175-185 zone & keep in mind –price should not dip below 175 after crossing the zone of 175-185- Target Zone 250-260. Plan C - Plan to buy in 80-85 zone with strict stops below 80 – if goes below 80 –Throw the broken cup. Short Term Strategy Plan A – We look to sell from 115-117 zone with stops above 118.50 for target 112 – 106- 101 Plan B – Buy above 118.50 for 121-123 zone - book & out. Plan C – Sell from 122-125 zone with strict stops above 128 – Target zone -118 -112-106 - 101 --------------------------------------------------------------------------------------------------------------------------------------------
TEducation
by WaveTalks
10