Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Till yesterday, we were looking for neutral trades with a possibility of going down. See how the tables have turned today. For Monday — we need to look out for bullish opportunities now.” 4mts chart Another gap-up of 131pts ~ 0.6% today! It was required to break the channel resistance line. There was...
Buy and Sale idea in nifty so be neutral in the market and wait for your setup
Disclaimer: Trading in financial markets involves substantial risks. Please consult your financial advisor before making any trading decisions. This message is not a solicitation to buy or sell. Perform your due diligence. WaveTalks - Market Whispers: Can you hear them? Market Commentary Following the update from 4th January 2024, the market has...
Buy and Sale idea in banknifty so be neutral in the market and wait for your setup
Analysis is from december21st,23,when the up move was started.In the same month it made all time high. of course yesteday nifty has surpassed that.After that nifty had undergone retracement for 4 th wave which was time consuming and it terminated at w=y. next up move started from wedness day 10 th january and it has a spectacular run of more than 450 points. It...
Every one people are enjoying global market touch all time high and market create a Higher high but 2024 and 25 year it's not good for global stock market market are extremely greed right now . Why I thinking biggest crash ahead in global market because some data are flashing a bad and historical bearish sign . Let me tell you some powerful economic indicators are...
Reference scenario for gold January 15 With many fluctuating factors for gold in the near future such as complicated war developments, the economic situation and the Fed's interest rate cuts will have a great impact on the continuous change in gold's price path. . Looking to buy around 2033 - 204x Can sell around 2119 - 212x Always wait for signals and manage...
looking sell as on top there is wedge-like and diametric-like pattern at top and trading near top channel we may find downside trade
Wipro forming a diametric patter. Currently it has completed wave d and now we are in wave e of diametric pattern. Generally in a diametric pattern Wave e = Wave c in terms of time and price. Wave e= Wave c comes @ 550-555 levels 261.8% retracement level = 550-555 level. So, Target = 550-555 Stop loss- Wave d low- 445-446.
Wipro is at cloud support on monthly charts & this could be taken as a great support for a big move. Can keel stop loss near 388 levels for target of 470 -540 & further new highs in long term.
The stock has displayed a strong upward trend, showcasing an impressive run before entering a consolidation phase lasting approximately 3 months. Throughout this period, the 50-day Simple Moving Average (SMA) has acted as a robust support level, indicating a solid foundation for potential bullish momentum. Despite two unsuccessful attempts to break out during the...
I believe that BTC will undergo adjustments in the near future. Our narrative revolves around where the price of BTC will find support. Scenario 1, the bullish scenario, envisions BTC reaching the support zone at 30k and bouncing back. In this scenario, we have full confidence in a new ATH for BTC in the near future. Scenario 2, the bearish scenario, involves BTC...
Indigo Paints Ltd: Inverted H&S Pattern Levels mentioned on chart & given target seems achievable. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
Stock is under formation of a symmetrical triangle pattern. Stock is holding above it's 200 EMA on the weekly chart. A sustained closed above 2060 will be considered as a confirmed breakout of the pattern which shall take the prices towards 2800 zone in the coming months.
Stock has given a thrust out of the triangular pattern and reversed back, regaining it's long term moving average of 200-EMA. Stock has given a breakout of the falling trend line and broken the highs of past 1 year. These observation suggests that pices are likely to move higher towards 700 in the coming months.
SKF India Looks Great for MID-Term Swing Trade Buy Near 4500-4550 Stop loss - 4260 (5%) Targets - 4800(5%),5000(10%),5200(15%) Duration 2 Months
he Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (1) and (2), which are shown in blue numbers on the daily chart. Wave (3) appears to be underway at this time and might reach a maximum length of...