Bank Nifty completed 5 wave up & is in ABC completion where A is looking to take support in range of 44,550 -44,444 levels. Late shorts , plz be careful as we will soon look for short term bounce in B up ( marked on Chart).
Hi Peeps, Sharing my positional analysis on Nifty. 20,222 is short term top & marks end of 5 wave up. We have now entered in correction mode & quite near to completion of A leg & henceforth , nifty will look to take support in the range 19,600 - 19,588. We, will look short term bounce in B ( typically 61.8% -50% of A) ; will update once A ends in thread. Late...
Ready for 100% move for long term W pattern in MONTHLY and WEEKLY and breakout is confirmed by the chart itself. Ready go and invest
Reliance the REVERSAL trade Stoploss (minimal) Take the trade with minimum stoploss and the gain of 16% of the taerget
It appears from the chart flat correction is taking place in bank nifty. In that case it should come down atleast near to the end of wave A. C wave should have five waves. Please like this post if it helps you. follow me to get updates. on weekly chart last time has bounced from 20 period moving average on last friday it has touched that. Most possibly it is...
Is wave 4 done at a little more than 23.6% retracement? Wave four is a flat and wave 2 was zig-zag retracing 61.8%, so we have alternation. Nvidia is now at the 20-week average so that is an ideal support as well which held in wave 2 too. Wave 5 should follow wave 4. 5=1 then the level is at 300 which should coincide with the top end of the channel. A rising...
BTCUSD is forming a correction for the movement to the downside, As I have mentioned in previous post on Bitcoin.
We are heading towards 3rd wave of Elliot as per my analysis i have shared chart of banknifty in recent time. in which I am predicating a big down move of around 1500-2000 pt. we can also see weakness in bank nifty trend.
ICICIBANK 5th wave 1 cycl complited expected down move
At current time NIFTY at all time high and seller start selling and creating sell pressure but this time a Higher High and higher low set up will formed. If parallel line don't broke then there is a high possibility of bounce back form rectangle zone because that place also have a very good supply zone(support zone). If this setup was formed then after...
This chart was posted by Me a few days ago... maybe 2 odd weeks ago. IT holding 32820 apprxx this coming week on a closing basis will LEAD the WAY. There is Some sort of sector Rotation going on..... while PSU Banks r Rising, Pvt Bank are falling. This does not mean that the Run on Pvt Banks is OVER. NO ..... It is NOT. For NIFTY to reach where I think it must @...
Chemical Sector - GFL+KSCL+RCF+RALLIS+LXCHEM - This sector is not performed much in this bull run, looks like time has come for it and these 5 companies looks good for the medium term, heading towards 1550-1600-1650 levels..SL 1240 WCB.. #Stocks #Nifty #Chemical #StockMarket
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
STOCK NAME-SIEMENS . Near Demand Zone . If any bounce Enter in this trade SL-Closing below the box (Strictly follow) Low Risk to High Reward . For Mid to Long term pick . Logic-1. Demand Zone 2. After every Impusive wave correct by 0.886% level . I am not a SEBI Registered. This analysis is purely for educational purposes only. . If you gain some...
"Good evening, friends ! As of September 25th, global market sentiment is negative, primarily due to the performance of the Dow Jones. The market trend is bearish, and it may open with a slight gap-down. Additionally, there is a sub-wave 5 forming. If the initial market experiences a sharp pullback around the immediate support zone, then we can anticipate a...
Fundamentals: 1. It is the fifth Largest cement group in India with trade mark Double Bull Cement. Also ready mix concrete manufacturer and have 11 brands under its belt. 2. A part of NIRMA Group Earlier known as Emami Ltd. It is a conglomerate manufacturing Cosmetics, Soaps etc. 3. Revenue in Q1 FY 2024 is 2805 Cr which is up by around 6% yoy basis, Earning in...
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring THETAUSDT for a buying opportunity, THETAUSDT UPDATE Formed Falling Wedge in 1D timeframe Incase Of Successful Breakout Expecting 45% Bullish Wave✅