bank nifty is forming a elliot wave formation.....right now bank nifty is in consodidation mood....if it break the first trendline..thn we can see downfall upto 29000 and thn to 28000
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CHEMCON was one of the bumper listing IPO but post opening it was under heavy sell off. Now the stock has formed double bottom and cleared the nearest price action and gave a breakout. Go long.
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Trend-base fib retracement major and minor EWT R 10844 for wave 5th.
=> 4W should not overlapped 1W: intentionally ignored from past research. More detail:...
Channels are price ranges that a stock or other investment trades within over a period of time.
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Chart users attribute these signals to the psychology of individual investors attaching significance to price points that are...
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The Gravitation can push prices upward from support 11108 .
If the price fall below will create heavy selling.
Let's turn our eye on daily timeframe.
Everything is recovered after breaking the support which was 32% fall .
Support trendline is reacting as resistace.
market view is down...bear pressure is seen in the market..the trend clearly bend....within dec month we can see nifty break the trendline and it could retrace upto 23% fibonacchi.......2000 point to be fell by december
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