forming inverted head and shoulder formation following 8 years of consolidation trading at bottom level of the shoulder This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.
Topic - SILVER Neutral Levels and Zone Tomorrow's movement Prediction of Silver (Chandi) SILVER appears to be in uptrend. But this trend seems to be weakening. Price is below an important level of 90778.24 on charts, and if price remains below this level, then stock might show a fall in short term. Tomorrow's movement Prediction of Silver (Chandi) SILVER made a...
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I make educational content videos for swing / positional trading
In my previous post, I have discussed the current nature of crude oil as either a correction or an impulse. In either scenario, it is likely that we will witness a bounce towards the 6700 levels. It appears that wave 3 has concluded and we are currently in the 4th wave, which is anticipated to conclude between 6495 and 6415. If we observe any bullish patterns such...
TCS is forming inverse head n shoulder pattern and can show a upside till 4050 with SL 3800
Symbol - NIFTY50 CMP - 22960 NIFTY50 is following a rising channel & headed strongly towards its higher end. Currently It is trading near round level of 23000. According to my analysis & my view, Nifty50 will face strong resistance around round level 23000 - 23100 which is also upper end of the rising channel. I'm expecting Nifty to show a reversal from these...
Good triangle pattern formed in bajajfinserve in 1D 1W 1M timeframes. About 1000days consolidation pattern. Breakout above 1600 price will lead to hurracane rally in this stock. Keep an eye. According to Fibo trend based extension Next big levels will get open in this stock till 3000. Then further extension will drag it till 4000 levels. But it may take some time...
bharat forge in last stage of elliot, now may become bear and then taking bull signals. prediction not for intraday. it is positional
Piramal enterprises elliot wave study, Target 2300-2800 within next 12 months.
The Elliott Wave analysis indicates that the stock has finished waves (i) and is nearing the end of waves (ii), which are shown by blue numbers on the daily chart. Wave (i), also known as the impulse wave, unfolded into five waves in red colour. Wave (ii), also known as the corrective wave, unfolded in an a-b-c pattern, as indicated in red. Wave (iii) will begin...
This is educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/trading.
Yesterday we had the Fed's announcement about the CPI index, we saw that this index was 0.3 to 0.4 lower than the previous period. This is the result when the Fed implemented tightening monetary policy in the past. After that, the FOMC meeting announced that interest rates would continue to remain at 5.5%. - This made gold yesterday, after the announcement of CPI...
TCI Express CMP 1131 Elliott- Thats a double zig zag. In my view it is complete. Candlestick- last two candles were inverted hammer which are reversal patterns. Fib- that zone at 1000 is a strong support. THis stock is a wonderful buy.
bpcl moving in triangle thrust.price action is in final move to complete a ending diagonal in 5th wave in 15 minutes timeframe.following completion of ending diagonal it is likely to fall sharply for 2nd wave coreection which could be zig zag ,a 5-3-5 pattern.
Long term trend is up. Price is moving higher with support from long term trend line. Recently, price crosses the daily swing high to the upside and comes down to daily support. I think if the daily swing low does not cross and close Then the price should go up from here.
1. The market has been making higher highs and higher lows 2. that means the market is in an uptrend 3. The market has also bounced from a bullish order block collecting liquidity 4. So the price is expected to rise higher 5. If the price goes below the stop loss, then that might indicate a change of character to bearish nature 6. For now take entries on the long...