Auropharma-Portfolio Stock Getting Ready for 1000-Are You Ready?Disclaimer - " This Idea is for Educational Purpose"
-----------------------------------------------------------------
Stock Has Done 6-7 Years of Sideways Correction from 2016 tops of 895 & Getting Ready for Big Impulsive Move Upside Next Holding on the parallel channel bottom & above 400 strictly.
Are You Ready as a Investor. Keep watching next waves for the stock.
In 2016 When I published 1st Idea on Auropharma - The Terminal Thrust & Identified the top as 895
You can check the idea on profile page -
in.tradingview.com
Kindly consult your financial advisor before taking any positions.
Talkswave
Bank Nifty - Alternate Bearish Bat (Careful in 41650-41700) SellTraders have to be careful as alternate bearish bat with XA 113% rejection zone lies in 41650-41700 zone.
Once you see market commitments then you may also join the force for downside target as mentioned below
41425
41250
41100
Stops - Avoid Selling If fails to fall from the suggested zone 41650-41700
BankNifty - Careful At Tops of 43000 (Parallel Channel)Index has touched the channel top & close to psychological level of 43000 which is very important from trading perspective.
Any bullish scenario next is strictly if Index trades above 43K or holds above parallel channel else going below 42700 - it will trigger downside
Trigger level
42700
Bias can be negative till the the time Index holds below channel. Thank You
Bank Nifty- Expiry Week Outlook 19th Jan 2023Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Short Video Outlook on BankNifty
Support Zone 41700-41800 or close to 42000 - If Index holds & takes support then expect below mentioned targets
42555
42700
43000
TradingView Profile Page
in.tradingview.com
Thanks
Bank Nifty - Emotional Zigzag (Weekly Outlook 9th -13th Jan2023)Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
This Video Talks About
Fear & Greed - Two Visceral Emotions
It is very important to control your emotions, to avoid any unfavourable outcomes for the
decision made as an investor or trader in the market
Settings to be applied as Author
As a contributing author or following your favourite author, there are few settings to be applied
in order not to miss the updates from your favourite author & vice versa.
BankNifty Weekly Outlook
Weekly outlook for the Index / What to be expected. Opening huge gap up for Index today @
9th Jan2023, do not
hurry up & if Index halts upside in 42650-42750 zone, look for retracement in 42200-42300
zone & managing your risk below 41900-42000 & doing your due diligence, can expect
upside attempt by the index in 42800-43000 zone / above 43000 for 43200 later close by
range of 43578 which is close to the parallel channel drawn from 44151 to 43578 & pulling
down to connect 41597.
Bank Nifty - What A Fall !!! 43500-43600 / Upside Push?Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Short Video
The current fall looks very sharp & nature of X-wave from wave analysis perspective & as suggested if 42400-42500 holds then bounce can be expected upside towards 42800 / above 42800 to 43100-43200 / above 43200 for highs of 43500 back
Once it falls below 42298 - current day, it can attempt 41597 lows as per Plan-D from last move / idea for 2022.
Thanks for watching.
BankNifty - The Last Move / Idea for 2022Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Wishing You All A Happy & Prosperous New Year 2023 !!!
Short Video on Bank Nifty - The last move or idea for year 2022.
Last Price - 43115
Trading Strategy
Plan A - Important Support Zone 42900-43000
Index taking support close to this zone, we expect upside bounce 43500-43600 zone
Plan B - Important Resistance Zone 43500-43600
Kindly do your due diligence, If Index halts in 43500-43600 or close by zone upside, we expect downside move back into 42900-43000 zone
Plan C - Breaking Support Zone 42900-43000 & Holding below
Index while returning back if breaks 42900-43000 then we expect 42500 downside
Plan D- Critical Support Zone 42400-42500 if breached on downside
Falling below 42400-42500, It can attempt 41597 where we started our idea published on 23rd & 26th Dec 2022
---------------------------------
Last Ideas Published
---------------------------------
23rd Dec 2022 - Ending Diagonal Idea at bottoms of 41600
26th Dec 2022 - Bears, Bulls & Bounce 500+ Points
BankNifty - Will Polarity Magic Repeat at 41840!!!Wishing you Happy Holidays and a New Year that makes you smile every day. Merry Christmas To All !!!
Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Polarity Reversal
Principle of Polarity is the idea that former support turns into resistance, and former resistance turns into support.
In current case former resistance 41840 highs made on 15th Sep 2022 could turn into support at 41843 lows made today 23rd Dec 2022 if holds
Holding 41840 Key level = Support, we expect targets
42500
42900
Idea published on 19th Dec 2021 - BankNifty Penultimate Pattern = Patience
Idea published on 17th Dec 2021- BankNifty Penultimate Wave - Pattern Repeats
BankNifty Penultimate Wave - Pattern Repeats BankNifty Penultimate Wave - Pattern Repeats - Is This A Warning Sign?
Fractal is a pattern that repeats forever
This short video talks about a fractal pattern which repeats quite often as penultimate waves = 2nd last wave that means only one last wave left
One such pattern was identified in Nifty in 2021 September & Index topped at 18604 later troubling for next few months & formed bottom close to 15000 levels.
Is a similar pattern unfolding in BankNifty - Ask this question to yourself. Thanks for watching this video.
BankNifty - WaveTalks : Five Elements to WatchGood 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
Critical Level - 40800
Most important level to break & bulls have to be extremely cautious
Pattern Unfolding Next?
Pattern which will unfold in next few sessions as it could be last wave (pattern) of the sequence which started from 37386.35 will decide the next course of action.
Once critical level 40800 is broken - Traders have to be careful.
HDFC- Cracks from The Top of 2507/ Hidden Divergence (Y-Wave)Hidden Bearish Divergence
This occurs when price makes a lower high (LH), but the oscillator is making a higher high (HH).
When you see hidden bearish divergence, chances are that the pair will continue to shoot lower and continue the downtrend.
What we expect next?
As suggested earlier on 17th Aug 2022 video idea that the correction could be deep towards 2000 levels & has to be reviewed at certain intervals as markets are too volatile.
The last related idea can be checked below
Thank you
Related Idea for HDFC
Bank Nifty - Will if follow in the footseps of HDFC?
BankNifty - Bullish Gartley from Bottoms at 38492Stoploss - 38531
Target
39000
39600
Bullish Gartley seems to be hiding in the price structure. If Index holds key level of 38531 & 38492 then we expect Index to push upside towards 39000 & 39600 in next few sessions.
Hope you did your due diligence at the tops of 41840's & enjoyed the tops from last idea. Check the related idea below.
Thank You
Bank Nifty - Channels Basis For WavesChannels have been basis for wave analysis. Drawing them on price data offers support & resistance offering good trading opportunities.
One such channel drawn from the bottoms of 37950 & connected with 39258 lows offered support to the opening low of 40288 as of today - 14th Sep 2022
Prices rallied sharp upside to new highs above 41600+ which is very close to upper boundary of the parallel channel.
Can this halt the price action on upside & traders get fall again is the matter of due diligence to be done from your end.
Kindly do not take this as a trading call.
Thank You.
Bank Nifty-Short Term (Double Top Resistance)- Sell Below 40545From the last update- 40600 was the key level which halted the up move exactly & same level acted as resistance in opening session when index opened gap down.
It travelled upside to 40605 close to 40600 resistance & dropped sharply down to 40378 -which is our critical level for upcoming sessions.
Index has been choppy since the bottoms of 40280 & the waves looks corrective in nature. but we need price confirmation before taking any trades.
Trading strategy
Sell trade should be taken only if Index drops below 40545 - key level & we look for 40378 -critical level target downside & going below 40378 - our final target will be 40280 & 40000 (40K)
Targets ( Active once index drops below key level 40545 as mentioned in Trading Strategy)
40378
40280
40000
Stoploss
Once Index slips below 40545 & call activates - immediate high should be kept as stop loss which is currently 40685
Thank you for reading
Check the related idea below
BankNifty - Index Looks to Top at 40685 Extreme Risk Takers Can Trade till Index holds below 40600. In other words selling should be avoided if Index rallies back above 40600 (Avoid Sell above 40600)
Our Downside Targets
40450
40185
39880
Hope you liked the last idea -Island Reversal -Index rallied overall 1000 points in two days 8th & 9th Sep 2022
Last Idea - Island Reversal
BankNifty-Twist & Turn-Will it die on Euphoria? Island ReversalDisclaimer:
This is not an Investment Advice. Trading leveraged products carries a high degree of risk and you could lose more than your initial deposit.
"Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell." -John Templeton
What Is an Island Reversal?
An island reversal is a price pattern indicating grouping of days on either side by gaps in the price action.
This price pattern occurs when two different gaps isolate a cluster of trading days.
Pattern usually indicates reversal in trend - which can be short term or long term.
Check the charts
7th Sep 2022 Gap down opening as shown in circle shape & 8th Sep 2022 - Possible Gap up opening in next trading session
Check the Snapshot / Image - Island Reversal Pattern
Try to relate with the current chart of BankNifty. Check yourself where are you in the chart & what could you expect if something similar has to repeat.
Thanks for reading