Nifty is currently trading (22032) in 5 of III wave. Soon it will be followed by corrective wave IV. On down side it have a 2 support zone from where it can reverse(21470 & 20950), which can mark the End of IV wave and starting of V wave. As Nifty is rising continuously there is divergence in RSI. This is my 2 Cents. It is for Educational purpose only. Not...
Nifty looks bearish for short term. Current upside side is a B wave in formation and we will again move down in form of Wave C Target on the downside- 20800/20500 B might get over by 20700/20800
i‘m following this for #btc# on weekly chart two case one is inverted head & shoulder and cup and handle ike this
As HDFC Bank taking dive in the already oversold territory, copying 18 september candle ... buy good stocks @really fair valuations ....
After price drop from levels 22124 to 21285 the price action id as impulsive move and labeled as Wave (A) now wave (B) is in progress with in wave (B) its internal sub wave A and B are completed and wave C required to progress Target forwave C of Wave(B) is 21810 & 21880
#Nifty Good morning, friends. Directions for December 20th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a moderately bullish trend. It might open with a gap-up start based on Giftnifty, which shows +150. Nifty hasn't formed a proper structure, so if the market breaks the previous high, then we can...
Banknifty has a long consolidation, so if the market opens gap-up, it might follow the trend. After the gap-up, if the market breaks the resistance level (38%), then we can expect 46,756 to 46,868. Here also, the sentiment is the same as Nifty—if it consolidates or breaks this level, the rally will likely continue. But as per the wave, its maximum pullback fib...
Either we have to wait another 365 days till the bull run starts or we have just begun the run. I don't see any 10 50 100x. So I doubt its started. Only time will tell, but if no huge X returns, I would say another 365 days to go. I know this is not what pps want to hear. But as an CA I can only go by what's in front of me and static data.
Hindustan Uniliver , if stock breaks low of last trading session we can see more fall in coming days, as stocks has already touched demand zone. Trend line support has broken short side trade can give good move.
-Major Trend + Resistance Breakout -strong closing -symmetrical triangle pattern breakout -taking support in lower trend
Nifty Short around 21696 - 21680 range Stop loss - 21853 Target: 21491, 21410 Nifty 50 index over a 15-minute period, with the price displayed on a logarithmic scale. The analyst who created the chart, Dinesh Naidu, has indicated that they believe the index is due for a sell-on-rise strategy. This means that they believe the index is likely to experience a...
SIB - After long consolidation in a channel that got broken with volume. We can see 35+ immediate and once it crossed the target is open till 100+ mark in mid term to long term
We can see 100rs in short to mid term. It will give more growth in cup and handle pattern. We can see the volume increasing day by day
breaking out downside. Kinda move downwards. Short it. - say something. Love you all.
Showing rejection.. Short it.. Main risk properly.. And that's it see you soon.. -say something. Love you all
We are looking for sell opportunities, The leg long will be sold at around 73.40 for a target of 71.45, Wti is bearish in H4, and the corrective move up should be shorted later in the day.
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? Symphony, a notable player in the AC and Refrigeration industry, has experienced a turbulent journey in the stock market. After...