Banknifty is undergoing a 4th correctional wave, with its sub-wave labeled 'C.' So, the C correction might continue in the initial market. Once the 'C' leg finds support around the demand zone, we can anticipate the 5th impulse wave. This is the basic structure. However, if it consolidates or decisively breaks the demand zone, then the correction is likely to continue.
Regarding Finnifty, there is no significant difference compared to Banknifty. It is going through the 4th correctional wave, with its sub-wave labeled 'C.' Therefore, the C correction might continue in the initial market. Once the 'C' leg finds support around the demand zone, we can expect the 5th impulse wave. This represents the basic structure. However, if it...
By mistake, I felt today is 3rd Jan time candles, instead today is 2nd so other things are as it is just be watchful on this candle today 1-2-24 12:37 PM. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational...
Mutual Funds have increased holdings from 18.18% to 18.76% in Sep 2023 qtr. FII/FPI have increased holdings from 17.97% to 18.06% in Sep 2023 qtr. Annual Revenue rose 40.02%, in the last year to Rs 1,241.78 Crores. Its sector's average revenue growth for the last fiscal year was 50.99%. Good zone to accumulate for targets of 850/900+
261% for wave 3 shall finish near 216-217 levels. That is also consolidation zone breakout targets. Company has announced 5MT to 10MT capacity - almost double which might get commissioned soon
Etheruem is looking for long & reaching at 2600 for a movement to the upside. Let's see how far it reaches.
ALKYLAMINE is looking for long & has formed descending channel lined up with the double bottom & expecting to reach 4800 for long-term investment.
We have compiled the last 3 months of work into an Amazon Kindle ebook with the title “60 Post-Mortems on Nifty & BankNifty Q3 FY23-24” - request you to take a look and provide suggestions. BankNifty Analysis - Stance changed to Neutral BankNifty was not able to break away from the lower channel line. Normally BN swings from the lower boundary to the upper...
BNF Index, Daily & Hourly Update Currently the index is trading in wave 4 of 5, we might see a correction in coming days, next support is at 47383, 46500
TATA CONSUMER PRODUCTS Elliott Wave view.... TATA CONSUMER Weekly & Daily range, we might see a bit of profit booking in the stock, the stock might come down till 1034, 954 levels, stock has a strong support @ 910
We have compiled the last 3 months of work into an Amazon Kindle ebook with the title “ 60 Post-Mortems on Nifty & BankNifty Q3 FY23-24 ” - request you to take a look and provide suggestions Nifty Analysis - Stance changed to Neutral Recap from yesterday: “Nifty is still way above the ascending channel showing bullishness. As long as the soft support level of...
our community is already long in Ashiana with entry price of 244 my targets is 370+ in this
-Volume very high -already broke strong resistance -strong closing -institutions building position
I daily make educational content videos for swing / positional trading
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...