AFFEL INDIA has shown positive trend after break out from level. Its has perfectly clear rounding bottom pattern break out and since last 4 week sustain above breakout level. Expected this momentum continues and as per pattern it may hit 2100++ level. Which is around 35-40% upside. I am not a registered advisor so please take advice with your registered...
Continuing earlier post on long-term count in Nifty. Wave 3 in longer timeframe has started. Also we are seem to be in wave (iii) of this wave 3 of long term. In coming months we can see corrective (iv) and final impulse (v) to complete wave 3. I do not use this wave count to take or exit trades in nifty future/options. I use it as guidance on what is the mood...
Tata Motors have been trending up since March 23 & has taken support at 20 Week moving average (Blue Line) as seen in this chart it pulled back in wave 2 towards blue line & started wave 3 up then wave 4 was a triangle ABCDE in which we can see a spike down in wave C due to election results now what looks like a 5 wave down on weekly charts could actually be a ABC...
Nifty Analysis For 07-10-24 to 11-10-24 24800-25000 is Major Support zone for Nifty Next Week. If Nifty bounces from Support, Targets on upside are 25400/25780. If Nifty breaks the support, we may see sharp fall till 24080/23780 levels in the coming weeks. High Probability is If Nifty may recover from the support levels and move Sideways.
Bank Nifty Weekly Analysis For 30-09-24 to 04-10-24 53000-54500 is the Sideways Range for coming weeks. We may see bank nifty moving both sides in between the range. 54350-54500 is PRZ area which means price may either consolidate or give a Correction. If Bank Nifty trades below 52900, more downside possible and Targets are 52480/51980. Long above 54500 for...
The XAU/USD chart presents an interesting scenario with gold prices currently hovering around $2,660.660, just shy of the critical resistance level at $2,685.776. Buyers are aiming to break this level to trigger a fresh rally and continue the upward trend. However, if the price fails to break through, a slight correction toward the lower support levels may...
In the coming week market outlook is sideways in the range of 2% positive or negative. Midcaps will outperform nifty in short term according to my understanding.
recent support is 215 , no one can stop to go from their
For now up till index closes above 80000 on weekly closing bases we can consider it as normal running correction but if by end of October month or on weekly closing bases index start closing below 80000 will be the first sins of a 5000 and more point correction to trigger . All Short term trading position will trigger stoploss and can see good unwinding and fresh...
weekly breakout crossing the pivot level MACD are positive target and SL marked
ONGC CMP 295 The stock has corrected 20% from the top. Is this correction an opportunity to buy?? Elliott- I can see 5 waves, hence the C leg of he correction is done. Here the v th wave is a failure. Fib- The correction has halted at 61.8% of the swing, hence the trend is intact. Above 302 this stock will move up sharply. Volume- falling volume is ...
Hi, NSE:SBGLP has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and...
In early trading today, I observed that the Euro is under continued downward pressure against the US Dollar, with the current price pattern reflecting a clear long-term downtrend. This downtrend line is marked by the price making lower highs and lower lows, a must-see for traders looking for signs of a reversal. At the moment, the price is trading close to a...
A decending triangle patterns showing on BITCOIN A short term 15m tradeing setup showing on BITCOIN Selling setup With a risk reward ratio of 1:10 The setup giving clarity to selling because in longterm it's a Down TREND Also in a pick top lable And forming a DOWN setup So according to the combine results of 15minit 1hour and daily chat And the short term...
The current gold chart shows price stability around $2,660, as the EMAs (34) and (89) reflect a balance between supply and demand. This stability seems to signal that I am preparing for another breakout. With the current economic and political uncertainties, gold continues to be a safe haven asset that I am always watching. If gold can break above $2,660, I expect...
here we can see overall uptrend is in continuation, both indexes bounced from their support levels, if the fall or pressure was due to global sentiments then we would have seen red closing, overall this is a indication that US markets are strong despite the rumours of inflation, and we are expecting more rate cuts to happen along with election month in November.