#banknifty:- Looking at the structure, I don't see any further weaknesses until we close below 39,500 on a closing basis. Regards, SG
The global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
The global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
I daily make educational content videos for financial markets
The global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
SUPPORT ZONE: 1386-855. IF HOLDS, WE CAN SEE 300/5000+ in the Long Run.
I daily make educational content videos for financial markets. Key levels after severe adani fall
i Have made efforts in Explaining the Gravity of Understanding all kinds of charting methods in the Market its Not easy , you must have practiced properly before applying live in the market When people claim its easy you do this and that , it seems easy but reality is practice will put you the proper understanding of any method and will also let you know...
As Per Line Chart . Last day Trading Session We have Seen Heavy Selling in bank nifty. Now Most Important Support Broke 41700 And Second Support is 40000 level.. 40000 is psychological And Tend Line Support Also 200 Moving Average. So 40000 3 Trend based Support . like horizontal, trendline and Ema . If 40000 Level Break below Side New target Open 37800...
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
Hello Traders! 1. The previous count wasn't respected by the market. So we had to check for a new count . After re-analysing the Nifty 50 market, we realised that it is the Wave C of the correction that is in progress . 2. We have a major support of 15300 . That's where we expect the market to be soon. An overall fast, impulsive movement. 3. The only ...
Hello Traders! 1. We can see an ending diagonal forming on the Nifty50 chart on the 1hr tf . 2. The retracement levels have been mentioned which gives us more evidence of the market following the wave pattern. 3. We see a strong trend resistance of the market. Once the resistance is cleared, we can look forwards to buying calls or selling puts, whatever...
In the previous idea, we initiated a short position in NSE BRITANNIA to trade wave C of wave (4). Price reached all the given targets. - NSE Britannia – The Last Move of Correction Timeframe: Daily NSE BRITANNIA has accomplished wave C of wave (4) and started rising for an impulsive wave (5). This corrective wave (4) has a 38.2% retracement, one of the...
The global market indicates a positive start. Market nature is slightly bearish. It may start with neutral to gap-up. After that, if the market sustains the start, we will expect a solid rally. Thereafter, if the market rejects around the major resistance (18861 to 78%), then we will expect a correction. On the other hand, if the initial market rejects sharply,...
bank nifty ve Wolfe wave with exhaustion gap with rsi divergence, show heavy weekness below 41880 trend line breakdown close and hold below and retest the trendline breakdown of triangle
Wipro seems like taking support at 0.618 level from oct 2022 till Jan 23 Also strong support range 398-381
metal index hindalco tata steel to me all three are looking positive for 6 months time period TaTa steel is looking good on daily and weekly time frame rsi is taking support from 40 levels on daily as well as weekly time frame however on monthly time the confirmation is yet to come but monthly confirmation will not at come these prices till we find monthly...
Hello traders! I came up with this trading idea on January 2 2023 itself and will be attaching the link for the same as well. I was just waiting for the market to give us a better picture. As you can see on the chart, various guidelines point out the yellow zone to be a strong selling point with target levels at Wave 4 end(50% fib). We just have to wait for some...