PLOT EXPLANATION:
This study is just an extension of the previous NIFTY OUTLOOK predicting the Nifty downside reversal on 2ND Dec (Pinned to the Chart). Previously we noticed that Nifty follows a 55 Trading sessions Cycle, where it makes important Lows & Highs after every 55 Trading sessions. It has been plotted on the chart for a better understanding.
A...
The correction in HIKAL LTD seems to be done, the wave counting has been mentioned in the chart. Currently the stock is trying to a time wise correction and has consolidated for a time being try to form a rounded bottom structure and taking support on a curve during the correction phase.
Interestingly HIKAL LTD has a trading cycle of forming a low in every 88...
The very word “lunacy” dates back to the 15th century when it was believed the moon and its phases could make people become more or less aggressive, depending on its place in the lunar cycle
Several studies found a connection between full and new Moons and stock market performance. Generally, stocks tend to perform better in the days around the New Moon, while...
Index is trading in time cycle of 106 days and 73 trading bars on daily time frame,
after every 106 days index tends to make peak and reverse below previous low levels,
106 days cycle maturing soon,, need to keep watch on that time cycle,
index have given break out from descending trend line resistance, and sustaining above that levels,
but till it does not...
This is a 180 Min TF NIFTY chart. By the end of this post we would try to understand the short term trend and the trade setup for the next week. An update on daily basis will be given in the update idea section.
- TIME CYCLE:
If we study the time cycle starting at 17 June 2022. I have adjusted the cycles at certain TF for better adjustment. We can observe the low...
The trend phenomena can be bullish until 20th June 2022 based on the accumulation phase (iii) can continue.
The outcome of the up-move prediction is only on TimeCycle analysis. I prefer to make trade setup by Multiple Analyses while the outcome is in the same direction or one favor of direction analysis.
Therefore, I work on the Elliott wave for identifying...
I used Venus planet to predict the market movement in time
this chart is only based on time if date come in holidays we have to take before or after trading days
This is not a Buy and Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose only
Bank nifty at good support juncture and historical study says correction time over,, and good time ahead
trend change in nifty from tomorrow onwards expected
Note :- we are long from last day and have added long today
personally holding long position
nifty time cycle suggest that it is following abc wave pattern.
currently wave "a" is on and about to complete
than dead cat bounce in form of wave "b"
and again wave "c" down..
so coming week expecting to be volatile with dead cat bounce and dips
Elliot wave study and structure formation,, road map mentioned in chart,, rsi have given breakout from falling wedge formation
Lets see whats in store,,
HERO MOTO SPOT 2675
HARMONIC + PRICE ACTION + CHART PATTERN + TIME CYCLE + HISTORICAL CYCLIC STUDY
TIME FRAME :- WEEKLY
We have considered historical case study, where counter gave a upmove of around 128% after that there was a retracement of 30% and finally a up-move of 81%
In this historical case we have considered pole and flag pattern formation,, where flag...
Time cycle and price range measured move indicate the uptrend is matured
indicators are also at historic levels
waiting for strong bearish reversal candle on daily time frame,,
will short this counter with latest peak levels as stoploss once i get confirmation
good short candidate if gives reversal confirmation
Nifty metal Index now at 5770
Time Cycle 1 , Based on Fibonacci extension,,
Price wise the extension of 1.618% of last down swing have now extended to maturity levels,, ended this week,,
Price wise the extension of 1.618% of last down swing is around 5971 levels,, still 2 to 3% move is pending..
So price and time squaring around the same point in trend,, when ever...
Nifty auto spot cmp 10000.
Study :- Time Cycle, Wolf wave, Harmonic , Chart Pattern.
Time Frame :- Daily.
Time Cycle :- Bottom to bottom cycle of 74 TD indicate index is making bottom at interval of 74 TD and at the moment index is at 74 TD so if this cycle is matured and the next cycle unfolds we may see a change in trend from now onwards as per this cyclic...
HERE I SEE THAT (THIS CHART TIME FRAME IS 1 HOUR) IN 1 HOUR TIMEFRAME WIPRO BREAKOUT THE CHANNEL NOW IT CREATE A NEW CHANNEL IN 1 HOUR TIMEFRAME HOPE THIS CHANNEL IS TRADED WHEN IT COMES DOWN WE BUYING AND WHEN IT GO THE UPPER TRENDLINE WE SELL. THIS IS MY VIEW IN WIPRO.
Tata steel spot cmp 1070
Time cycle study
weekly time frame
245 calendar days and 35 weekly candles time cycle matures this week..
So trend change possible in this counter,, as current trend is on bullish side,, we can see trend change at current scenario ,,
Retracement of 0.382 to 0.50% of current rally can be seen,,,
Good short candidate..
