It was all amazing last few days as we have discussing how bulls could be trapped on the top close to 39695- which is one the key levels in the unfolding triangular correction Have been student of astrology for last few years, it happened fortunately that I came across my bible book -American Ephemeris 2020-2030 on last Friday 24th March 2023 & Realised that...
Expiry Week Outlook- A Short Video. Thanks Impulsive sequence unfolding from the tops of 44151 on 14th Dec 2022. From Budget day - 1st Feb 2023, Index has been doing a roller coaster moves so we need to be careful as next downside trend may start soon once key & critical levels are breached on downside. Thanks
Good Morning All, Traders should watch these Five Elements to plan their trade next. Penultimate Wave ( Triangular Wave) Upper trendline Upper trendline of the triangle shown in the circle can act as support so Index holding 41450- 41500 can push short term upside 41750-41800 Key Level - 41051 1st warning sign for bulls - break of key level ...
Bank Nifty Index has been doing sideways in the range 37959 (critical high) & 38800 (critical low). Looks like unfolding a triangle. If you identify them then such patterns are amazing as traders get multiple opportunities between zone identified. Trading Strategy ( Current Spot Price- 39305) Plan A - Buy close in 39000-39100 zone if Index halts above...
50 WEMA (Weekly Exponential Moving Average) could give some bounce upside holding as support/ Once Stock crosses above 816 as confirmation level, It will zoom to 865 & 1000+ Targets in few weeks / months ahead. A Good Portfolio Stock to be checked.
A fractal is a never-ending pattern repeating a simple process or pattern over and over again at the same degree or higher degree. 7th Oct 2021 Smaller Triangle or Penultimate Wave was seen & published on 7th Oct 2021- "Can Bulls Bounce Back? - The Irregular Triangle" Can that fractal repeat again? Yes. The Answer is certainly positive because as...
WaveCount --------------------------------- • 1-2 -3 -4 (Running Currently) - 5th Wave Expected Upside. • 4th Wave o Unfolding as Triangle having last leg - "e" wave close to end. o 4th Wave Triangles are "penultimate wave" means it is 2nd last wave & one more wave left in the structure which started from the lows of 1473 on 23rd / 25th March2020. • 5th...
As suggested in last idea - 1st Sep 2020 mentioned below, we look for upside move for 2200 if holds above 2060. Went below & retested 2047-C(Wave Low) & Bounced Hard Upside from 2044 levels. Usually, Penultimate waves forming triangular correction are the last waves as suggested by Wave Gurus . Let us see what happens next?...