Good Evening Traders, This is Nifty 50 Weekly Candle Analysis. Analysis Based On Wave Theory. In Weekly Market is in Berish Trend. Fib Golden Ratio 38% and 50% Nifty Will correct till 18300 According to Wave Theory. In daily candle Nifty Made Berish Head And Shoulder Pattern. If you like my analysis the Give Like and Comment Below Thank You
Gold is taking support at Green Thick Horizonal Line, which is high of the previous swing. Let it retrace fully and time correction be over in 5H Chart. Will test the level of 2040 or more. Please use other indicators like Williams R%, RSI, SMAs and EMA for proper execution and adhere to risk management. Disclaimer: The Author of this content is not a...
BANKNIFTY created triangle pattern now it can be break by gap and after that this levels will work at higher time frame bank nifty is bearish for week with no green candle in this 7 days at 1D TF so we can expect pullback even there is bear market we can be bullish for Monday but not too aggressively till confirmation. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON...
Stock in constrained up trend Higher high and higher low movement Probability of a short term trade with Risk-reward ratio of 1.7 Target and stop loss mentioned in the chart Not a recommendation, for study only
Buy Aarti industries above level of 511.1 marked by horizontal green line. Stay away before that.
Bank Nifty will become bullish after this level only. 43264 is a crucial support. Please use other indicators like WIlliam%R, RSI and SMAs/EMAs for execution of your trades. Disclaimer: This content has been generated only for educational purposes. Author is not a SEBI Registered Analyst. Please consult your financial advisor before making a decision. Author...
Marked are the pink vertical lines to note the time when did the ways start and end. Of late, i.e. on the last day of trading on 18-09-2023 (after completion of counter ways A, B & C), price is stuck up in a red rectangle having support of red line from top, black line as the horizontal support and the trend line coming from way 2 and 4. Support level of the...
Time for a retracement? in this snapshot, btc completed 5th impulsive wave now its time for corrective wave. am expecting 25k. Elliott Wave Theory: What It Is and How to Use It What Is the Elliott Wave Theory? The Elliott Wave Theory in technical analysis describes price movements in the financial market. Developed by Ralph Nelson Elliott, it observes...
BTC is in demand zone now and the black line marked at the high of previous swing at around 25889 is going to act as support and after time correction likely to trace back.
Happy Independence Day . Jhanda uncha rahe humare .. bullish flag pattern in nifty ..
Banknifty is showing unusual resilience to breakdown, instead its chopping around. The intraday swing range has narrowed in the last 2 days which means we could expect a massive move pretty soon. I am not very sure what is restricting banknifty from falling. For example we had a good gap down today and hit the swing low of 16 Aug, but the recovery was so decent...
Bitcoin is still bullish on HTF, but when will the madness stop. technical analysis doesnt tell you what is going to happen but it provides us highly probable scenarios. we know that we are in a retracement/correction broke 50% currently holding 61.8%. best case scenario she comes a little lower in the zone to play out the harmonic or based on fundementals we can...
nifty is at good support area given levels works very well now nifty created DOJI at 1D TF (timeframe) it can be the sign of creating morning star pattern at 1D timeframe after that the bullish rally can be expected as of now we continue with this level. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO...
#BITCOIN 1-Day Chart Analysis- As per CRYPTOCAP:BTC daily chart, Yearly Cycles running into Ascending Broadening Wedge pattern, then its final wave is nearby touched their support level and soon break-out up to $22.5k to $19.5k to complete its Bearish Zone cycle up to 5/7 sept., while monthly cycles moving under Descending Broadening Wedge Pattern, and as per...
Good time to accumulate cleanscience May finish its wave 2 and move onwards Wave 2 may end near 1380 to 1360
Long view for Dodla diary .. 940 plus target . We have wave 4 and now we in wave 5 which will go above 940
Weekly - Sell Put Spread with lower BEP at 43400. Sell Call Options with upper BEP at 44600. Monthly - Buy Futures if 44080 breaks in BankNIFTY Spot with stop loss at 43600 The call options sell is naked trade as the BankNIFTY future buy will take care of the unlimited loss prospect of it.
Well the correction with ICICI Bank looks over to me. Should start fresh upside from here in 5 waves. Least target should be around 1000 mark. Will reassess charts later to see next course of action in this stock.