BankNifty Analysis - Stance Bearish⬇️ BN managed to hold on to 47465 levels quite decently. All intraday straddlers would have had a decent day as there were no swings or whipsaws. We opened below the 47465 level but managed to close above it giving some hope to the Bulls. If we close above 47465 levels on the 18th, I might change my stance from bearish to...
Diametric pattern – Understanding Nifty medium term pattern by applying the concept of Advanced Elliott wave – Neo wave theory to forecast the next trend. As shown on daily chart, prices are forming a Diametric pattern. This pattern is recognised in Neo wave as a 7 legged correction labelled as a-b-c-c-d-e-f-g and can take a form of either Bow Tie structure or a...
Polycab- CMP -5267 Elliott- The first sharp fall in this counter is just one leg of the corrective pattern called zig-zag. The B leg which is with the trend is offering u an opportunity right on the highs to exit. The C leg will now being and this will come down minimum to 3480. In my view 2300 is a high probability. The short term charts are also set for a...
As result is there in Thursday. I have analyzed and projected the price based on trend, candle sticks, Gann angles. Every Infy result made impact of-60rs(except 2, it went up). That is also i am considering. Target expected is 1369
I have early signs of reversal on this counter post todays dip. In my view people interested in large caps, this stock is definitely offering an opportunity now. My first tgt is 2980 and T2 is 3480.
BTC long after 4th wave finishes, the best part of the weekly wave has been finished month ago, we are now in 4th wave and be ready for the 5th wave which is the strongest one
Sell Range is Still There good amount of money there lied on 1.28300-1.28500 Range for Massive sell order Hope we get that level on New Year Week for the big 1000Pips as Possible Move Lets wait for the sell order
Waiting for Sell area with SL for Tgt on Sell Side lets expect as last analysis do well for all lets See this
Midcap nifty clearly has bearish angle in 1D 1H timeframes. I only consider it bearish ones it start giving closing below the channel levels. But keep an eye whenever these triggers it will give bigger trades. Please keep following the below updates which i do on regular bases. If any changes in the plan you will get glimps of it. Also market is so unpredictable...
"Good morning, friends! Here are the directions for April 16th: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a bearish trend. It might open with a gap-down start, as suggested by GiftNifty, showing a -220 point decrease. GiftNifty indicates a long gap-down, so I don't know where it will be...
"Good morning, friends! Here are the directions for April 16th: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a bearish trend. It might open with a gap-down start, as suggested by GiftNifty, showing a -220 point decrease. GiftNifty indicates a long gap-down, so I don't know where it will be...
I have analyzed the price range and all time high price. Whiling analyzing i have used candle stick, Gann method & trend low. This is for only for study purpose not recommendation.
Price is moving within the zone 903 to 922. Support is seen at 898 to 903. Resistance is seen at 921 to 924. Bearish below the support and bullish above the resistance. If price takes support, buy above 905 with the stop loss of 899 for the targets 911, 918 and 926. If price breaks support, sell below 895 with the stop loss of 901 for the targets 890, 884 and...
I have entered a short side after breaking that cyan line. And target is the below CYAN line. I have used trend, pattern and price range. Its very volatile market. Always maintain a SL.
ETTHUSD is looking for long opportunity and expecting to reach at 3400$ and has forming correction on higher timeframe
BTCUSD is forming corrective formation for a movement to the downside after reaching at 67500
USDCAD is forming a corrective formation for a movement to the upside & has high possibility to reach at the target of 1.38992
AUDCHF is forming reversal formation for a movement to the downside. Expecting for a correction.