Hello Traders!
We recently saw the market analysis of Nifty50 using Elliot wave theory. Elliot wave theory can be very accurate when it comes to the market. You can get the analysis wrong, but if you apply the theory correctly, it can help you in more ways than one .
1. As we see on the chart, Wave 1 and Wave 3 were completed in 62 days each . This is not...
The chart is self-explanatory.
upside potential > 15%
TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
Can check the link to related ideas..
Major Pivot Breach suggests Trend Shift from Bullish to Bearish.
The nature of pullbacks must be carefully observed.
Idea - Look for shorts - sell trades as the price retraces back to a PREMIUM ZONE.
Hero Motor Corp Ltd, past 12months down trend rally may come to the end. If weekly closing above the resistance at 12732, We confirmed the breakout in this week. Concentrate for the breakout. If price sustain above 2782 in weekly chart & begins new rally towards upward. Refer upcoming target 1&2.
Mahindra & Mahindra analysis for swing trading
if it breaks the level of 1058 then above this level you can go for long side
it may consolidate continue if came below 1017 go for sell side
once a up side rally started there will be expecting target of 1235
LT gave a good breakout of the trendline & is now on its way back down to retest the trendline. The ideal place to buy will be between 1585-1600 as it is also the retracement into the fib golden zone of its last move up. the recent import duty cuts on raw materials like Iron & levy of export duty on steel products should also be of benefit to the stock.
Nifty will open slightly gap down in today session. Expected opening near 16200 level. After opening if it's starts trading above 16200 level then expected upside rally upto 16450+ level. Any major downside possible in nifty below 16000 level.
BSE:MARICO shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover
Target 1: 553.40
Target 2: 562.30
Stop Loss: 535.25
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our...
NSE:ADANIPORTS
#ADANIPORTS levels shared and reached all targets, and made new high of 822 from 767.
Attached chart for your referrance !!!
Happy LEarning !!!
NSE:TATAMOTORS
#TATAMOTORS formed Cup & Handle pattern, Levels marked on chart for practice.
Sharing levels daily for LEarning & practice.
Happy LEarning !!
FEDERALBANK BUY@60, TARGET@67, SL@56
Here is a chance of retesting once @58 level so buy from 58 or if it takes a good momentum after the start of market then buy from CMP
It is a swing trade so the target is mostly achievable in a couple of days...or else you can also go for futures long according to your risk appetite.
All the best guys.
-MOHIT RAJANI
Double Top pattern spotted in Tata Steel . Pattern is confirmed as price has broken below 500; neck level retesting looks to have done already. Pattern suggests a target of 485.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks,...
