Analysis based on technical parameters...
wave 1 ---NO issue
wave 2 --- Running correction
wave 3 --- price and time similarity
wave 4 ---Triangle. It may look flat but alteration negates ..on looking closely, it is a triangle.
wave 5---extended, trace 200%
so what next...extended 5th wave retrace 100% with same time and touches 2-4 trendline..
Its just...
NIFTY is making a double zigzag.
We are in last leg of double zigzag.
Has broken 50% of retracement and we will definitely see the 61.8% level.
Only for education purpose.
Regards
Buy the Dip.
As most of peoples are in fear and we have seen the historical data that buying the fear zone and selling the greed zone will more often make you profitable.
The Technical analysis success probability is (70+%) as per the global markets are concerned.
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Nazara technologies crossed it's listing day high on 14-09-2021,post which it has shown impulsive rise in 5 wave,after completing 5 waves,it has retraced back to 61.8% of prior impulse meaning forth coming move can be either impulse wave 3 of higher degree or an wave C of zigzag.In either case one can long at cmp of 2300 with a closing stop-loss of...
No need to follow any Other's tips or calls
We will give you that, At what time nifty Bullish or Bearish ...
Everyday morning 4:30 AM or before one day we will give you advance Nifty Prediction Chart with reversal time and bounce back time...
As per my study ,
i assume its a confirmation of down trend with high low- lower high & lower low - down trend formation pattern. With Elliot collection wave ABC pattern which seems to be formed on chart
(may be wrong may be right)
as per fib level it may touch 0.5 fib levels with a support near DSMA 200 as well near support zone 16350-16300
overall sentiment -...
PEL has been moving in an impulsive way Feb 2021,and has completed 5 wave upside impulsive move.Here we are seeing wave 2 not retracing not more then 61% of wave 1, wave 3 extending wave 1 by 161% wave 1,wave 4 not entering wave 2 zone.This are classic elliot wave rules.wave 5 has taken a form of ending diagonal,there by forming neutral triangle pattern,meaning...
Nifty 50 index which is known as Indian stock market leader how to perform leader in coming days we try to understand. our nifty 50 index trade in bearish cycle for short time frame on daily chart and corrective wave on longer time frame on weekly chart.
1. First we try to understand on weekly chart 16000 sixteen thousand is major support level.
2. Daily analysis...
Hello Traders,
Hope you all are doing good!!
I expect BTC to go UP after breaking the low.
Look for your BUY setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve...
#BANKNIFTY Short Term Positional View:-
Price inside the falling channel, XYZ correction the min 100% is completed and any further downside can slide towards 36,181 / 35,464 / 34,654
What did I see?
1. Long above 37,465 and add more above 37,900, SL 37,050
2. Sell below 36,613 and add more below 38,181, SL 37,050
Any breach of 36,613 will result in panic...
Post covid we are seeing Bajaj Finance going up forming double correction WXY on primary degree.Currently we are done with wave W(Zigzag correction) followed by wave X(A expanded flat) and right now we are in the making of neutral triangle pattern of which wave A,B,C are done wave D is going on which can take prices to 6350 levels,post which we can see bounce in...
