NSE:NIFTY near to completing a triple zigzag correction from the High of 18900 odd. Market retraced 50% of the previous Rally from June - Dec 2022. Retracing back to sub wave 4 of previous impulse. Momentum Divergence from RSI at oversold zone. A counter trend bounce looks imminent from these levels.
«🫴 MOTILAL OSWAL FIN SERVICES LTD 🤏» 👀 Stock with decent fundamentals trading at a very low PE of 9 is looking good for medium to long term holdings , only problem with the stock is the increasing debts and slowdown in growth of profits 👀 Stock has formed a higher low in bigger time frames like monthly and above , showing buyers coming in the stock , stock is...
Stock looking good for an upmove showing a good bottom structure and a downward trendline breakout and is looking good above 265 levels towards targets of 300-350-450 , currently it is stuck in range between 255 and 265 , wait for breakout retest and SL at 250 after breakout
Kindly read the text on the chart this stock didn't perform last year also so avoid this stock if you have any position then invest it some where else this is not a trade recommendation. NSE:AARTIDRUGS
Adani Ports retested major support zones today on monthly chart after almost of a year. Looks good for 635 - 650 levels for a positional trade.
Rec ltd share complete upside 5 wave and use 2 or 4 trend . if Price break 2 or 4 Trendline this stock start correction .
ultracement complete 5 wave up side and 2 or 4 trendline break confrim start correction
Hey guys! Market is red but metal sector is looking good. So I'm publishing this trade analysis. Entry can be taken at CMP. SL and target is mentioned in the chart. This trade can be taken with proper position sizing. Disclaimer : This is only for learning purpose and not my Trading recommendation.
Stock has given a fall in 5 waves and bounced in a three wave sequence. After the bounce rejected well & broken the support in today's session. This indicates stock is ready to fall further on the downside . One should go short with SL of 1740 & look for the target of 1600/1580-60
Global news impacting the market. Nifty gave a gap down opening from its previous close on Friday, 11 Feb 2022. Fibonacci Level 17055, which was acting as support, is now serving as Resistance. The next strong support level as per Fibonacci Chart is at around 16700. Gann Square of 9 support levels is at 16950. SuperTrend, Heiken Ashi, and Follow Line Indicators...
IS IT MAKING A TRIANGLE OR IT IS DOUBLE COMPLEX CORRECTION SEE THAT RED TREND LINE IF IT GET BROKEN THEN IT WILL FALL TO 13800-13900 WHATEVER IS IT MAKING BUT A FALL IS COMING TRGT - 1 ---->>> 14350 TRGT -2 ---->>> 13900 ( after break down of red trendline ) i will update if something changes... check out the link given below you will find how...
Markets have been in a correction mode for 4 consecutive days and the probability of further downside is very high. This is a good strategy to use when the market is trending in either direction. Use small sizes in volatile markets to avoid losses.
Nifty 50 weekly update!! close to 38% retracement level!! watch the video for more details NSE:NIFTY
Continue with previous analysis. I was forgot to check the behavior of nifty in longer time frame. Currently nifty having to bounce back possibilities, one is Minor bounce back - it may bounce back from 7900 / 8250 and expected 9500 /9800. Another one is Last leg bounce level is 6900 / 7300 "Last leg level 6900 to 7300" Recent analysis link: Pre...