Nifty just completed its zigzag pattern, after that it should take the resistance from .6 - .7 retracement.
A VCP seems to be completed, BO confirms above 203 dcb, closure above 203 is needed to continue this up journey, good upmove can be seen.
-strong support from lower trend -rsi rising and now near upper resistance should break with stock momentum -rise in volume and adx shows strength in momentum -keep in radar it can give good return if follows my analysis
GBPUSD has been consolidating for over a month now in the daily time frame. And being a day trader i focus on the previous day high and low as they are the most important liquidity areas intraday as the big institutions will be sitting there. So the timeframe i use for intraday is 1 hour time frame, where i look for order block, fair value gap, and short term...
SBI fut in daily time frame found bearish Wolfe wave completion stage.. but where is the question. Dear Followers please post your expecting reversal range. After the wave completion and consolidation we can see good upside move in this counter. target is above wave 5
HDFC bank found bearish Wolfe wave pattern in Daily charts . Target and stop loss updated in chart
HDFC bank found bearish Wolfe wave pattern in Daily charts
Friends, Technically I see bearish Wolfe wave forming in nifty weekly chart, though it initially gave 2 red weekly candles, there is a high chance of making fresh all time high considering big event (Union Budget) (or) it might face resistance at 21970 to 22060. Hence i am unable to find proper stop loss for this pattern this time... Those who are already in short...
Sell at current Price, With a Stop at around 43000 , For an objective of 41200.
#Nifty Nifty has an expanding diagonal structure. If the market opens with a gap-up, then we can expect a minimum range of 21514 to 21546. After reaching this level, if the market consolidates or breaks through it, the pullback will likely continue, reaching 21619 to SZ. However, if it doesn't break the immediate resistance (21514 to 21546), then it might turn...
#Banknifty Bank Nifty also has a diagonal structure that indicates an ending diagonal. So, if the market opens with a gap-up, we can expect a minimum of 45260 to 45365. After that, if the market consolidates or breaks this level, the pullback will likely continue, reaching 45623. However, if it doesn't break the immediate resistance (45260 to 45365), then it might...
Rounding Base Formation in Monthly Charts, Coming Out Of A 4 Year Consolidation Good Fundamentals, Sector Favourable RSI Above 60
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Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? From its low at 0.95358, we're seeing a leading diagonal wave signaling a potential long-term uptrend. As previously...
As we can see in NIFTY lower time frame it's seems that forming a lower high and lower low wave pattern .the next trend may break the recent support level of 21100 . if 21400 level is a resistance then we can see a next low of 21000 level as per market data in nifty. #nifty #trend # technical #analysis #nifty50 Note : All the information are given as per...
Spic near to Breakout region, Breakout above 90 Sl 77 Target above 130