MCX zinc has been forming the corrective structure in descending channel for more than 28 weeks. The ending point of impulse was 383.55 . At present, MCX zinc has accomplished the corrective wave ((B)) and started forming sub-waves of the impulsive wave (C). Price has completed 78.6% retracement, where wave A = C at 217 . Zinc has accomplished wave (4) of...
Silver 1hr chart. double top pattern, wait for breakdown and retracement. can short after retracement
ASTRAL - Swing and Investment Analysis 1. Excellent breakout done in a weekly timeframe with the proper retracement. 2. Good time to buy this stock for a very short-term swing or a 1 or 2 months swing or an investment purpose. 3. For the next week it will touch the 2200, that is 10% in a week!!! 4. Then it may get some retracement and form an inverted head and...
The real test now starts for Nifty. It has escaped 0.5 retracement by a huge gap up opening and now it has to face 0.618 retracement. If Nifty becomes lucky for the second consecutive time then 16250-16350 will be the key test. So do long very carefully.
Keep on radar for reversal/pull back levels in CNX Midcap. 38.2 % level of Fib retracement is not so far. Breaking down this level will open 50 % level of fib retracement.
Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 24. After writing the analysis on May 23rd, this is...
METROPOLIS has today given a volume supported breakdown. This stock is in continuous downtrend and has been breaking multiple supports. Before the current fall, this has given perfect golden ratio Fibo retracement. Weekly chart view Volume for today was approx 4 times is usual trading volume. Trade levels 1 Flat opening In this case, stock looks weak below...
What I said last week was that the market should now ideally go for retracement. This did not happen though, as the market continued with incredible downtrend momentum for the whole week. Now the following is my analysis for coming week based on what I am looking at Nifty is very near key support level of 15400 to 15600. I do not expect market to break this band...
Adani port has just completed its bull run, which was started from march 2020 from low of 203 to high of 924.64 on April 2022. It appears in the bull run its 5th wave was completed on April 2022 with a high of 924.64. During this bull run it had its third wave terminated on June 2021 at a price of 901. Before that it had a brief second wave which was shallow in...
Hello Guys, Sharing my todays trade just for a learning purpose for you all and myself too. I missed the entry coz of my office work. But I got another entry point at retracement. ANALYSIS & TRADE : * Overall Downtrend so this stock is in my SHORTing list. * And triangle pattern gives breakdown all went Acc. to my plan - BUT I MISSED THE ENTRY. * Because...
Reasons to go for long trade: 01.Breakout of a powerful trendline with powerful candle. 02 .Very bullish volumes in the bottom structure of price ( entry of smart money). 03. In retracement very less powerful bearish candles( absence of bears). 04. Go long after formation of very bullish candle after retracement.
Trade setup for KPR MILL. Overall it was a up trend. Day tf retracement complete and also lower tf conformation also get it. in lower tf. trend line broken in during retracement. (Short term buy)
KPRMILL looking very awesome chart pattern. which is bullish . also stock was complete 50 % retracement which idealy healthy retracement. i think now stcok is ready for going upside.
Both indices faced selling pressure from the top, especially after such a huge gap ups which no one had expected and posted big red candles while trying to cover the gap on the down side. It was a day for the option sellers who got the range right and had not carried any over night positions on the short side. Bank nifty still trading within the recent long term...
Reliance is trading above the 20days average and near by resistance area and its tried to break the resistance, waiting for retracement once it cooled down near 2320 its a positional Buy for the target of 2479 and to the strict stoploss 2276. Thanks Why we like it: Price trading above the EMAs, Resistance area breakout observed and waiting for retracement. Near by...
Buy Camlin Fine Sciences for Positional Trading as well as Investment.💸🔥💸 Comment your views‼️😄 . ✔️ Technically & Fundamentally Strong💪💪 The company recently posted an Amazing Q3 Result. . ‼️ The stock gave a Multi-Year breakout in April 2021 it was in a retracement phase from August 2021. The Higher high made by the stock on Daily TF seems to make the end of the...
CANARA BANK --> Elongated Flat CORRECTION Wave formations: Wave (A,B,C) denoted circle black colour Wave A ==> inner wave (a,b,c) Wave b ==> inner wave (a,b,c) Wave c ==> inner wave (1,2,3,4,5) Rules and objectives Elongated Flat: If the c-wave is more than 138.2% of wave- b, the market is forming an Elongated Flat The Elliott Wave...
200 week average at lower levels. 5 year average. around 50% retracement. Weekly RSI Oversold Retracement 50% and 61.8% could be opportunity for passive long term.