Symbol - EURJPY EURJPY is currently trading at 168.200 I'm seeing a trading opportunity on sell side. Shorting EURJPY pair at CMP 168.200 I will be adding more if 168.600 comes & will hold with SL of 169.000 Targets I'm expecting are 165.400 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...
The ORCA cryptocurrency asset is currently exhibiting a bearish behavior and indicates that it has the potential to decline further. Its performance in the last month, and three months span has been quite poor, with a decrease of -30.08%, and -45.84% respectively, suggesting a consistent downward trend. The ORCA crypto asset is currently showing a bearish trend...
LTIM seems to have completed zig zag ABC correction with A=C. Now an up move could start from here with minimum destination of 61.8% Buy the stock on pullbacks
Date: 24th April 2024 Time : 10:45 Am Valiant Organics has been in my watchlist for a long time, Finally, it seems like its Wave structure of downfall is finished with March low point. Now in ABC Wave Structure C Wave is likely to reach till Depth of Correction Point which means Prev point of 4th wave is new Target. Apart from this There is a...
Move towards 706 which is the next IZ In Daily Momentum
BPCL long term trend is looking bullish. Fibo between the golden retracement plus it has rejected & reversed the head & shoulder pattern along with macd crossover. Above the 100 200 EMA. Cant ignore this price action, 15% upside clearly visible in 4-6 weeks time. Follow the below levels. Target1 611 Target2 628 Target3 647 Target4 666 Target5 688 Target6...
Emami After Covid Fall rose in 5 move structure and then down 3 move structure then rose to 81 % level from last important High. Now took support of Golden Ration level from last rise Above 461 this will lead to 580 so have a close look
Stock Name : Prestige Estates Pattern: Cup and Handle Formation Target 1: length og handle 1500 Target 2: cup base to Breakout level 1880
Date : 10th April 2024 Time :12.00 PM Devayani International is showing reversal from its usual support with other bullish indications. As we can see , first of all W pattern is visible from strong support. also there is a bullish Divergence too. Wave Count on Devyani is also looks like its time for ABC wave till depth of correction price level, which...
Date 10th April 2024 Time: 3:30 IDFC FIRST BANK was in a correction from last year's Sept. After showing full correction Wave At the end of March it Gap Down and from 1st Day of April it Started moving up seems like its short covering . But More Confirmation for going long is on 8th April IDFC Gap Up and Going upside continuously. and finally,...
Bank Nifty slightly differs from the sup-wave count. Even if it rejects around the supply zone, initially, we can expect only a minor correction, which may reach the 23 to 38% fib level. If it finds support there, then we can expect a range market. Alternatively, if it breaks the 38% fib level, then it may turn into a correction. Here also, the probability is very...
"Good morning, friends! Here are the directions for April 26th: There have been no significant changes in the global market trend. It remains moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. Nifty showed a solid pullback structure in the last session, so structurally, there will be no big...
PNB looks good on chart and could be taken for long position for mid to long term and place SL below 124, and let the profit run
NSE:NIFTY as per EW on hourly charts is suggesting that terminal 5th pattern is ongoing. Short term correction is going on downside in form of wave 4 of Terminal pattern and then wave 5 can start which can be the final rally, you can also call it as a pre election rally before a major top is in place for 2024. A meaningful top can be form after summer solstice...
After a long consolidation and a complex corrective structure concluded at Apr'24 low of INR 995.7, stock prices have given very sharp up move. This suggests that stock is likely to give a breakout very soon and extend the gains towards INR 1250 in the coming days and week.