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.
"Good morning! As of August 18th, The global market sentiment is negative (based on the Dow Jones alone), while the market trend is moderately bearish. The market might start with a gap-down. After that, if the market takes a pullback around the immediate support zone, we can expect a range-bound market or a pullback continuation. If it breaks the immediate...
"Good morning! As of August 18th, The global market sentiment is negative (based on the Dow Jones alone), while the market trend is moderately bearish. The market might start with a gap-down. After that, if the market takes a pullback around the immediate support zone, we can expect a range-bound market or a pullback continuation. If it breaks the immediate...
"Good morning! As of August 18th, The global market sentiment is negative (based on the Dow Jones alone), while the market trend is moderately bearish. The market might start with a gap-down. After that, if the market takes a pullback around the immediate support zone, we can expect a range-bound market or a pullback continuation. If it breaks the immediate...
After the recent fall in IEX, the stock is finding support at 117 levels which also happens to be March 2021 consolidation levels. Basis the Elloitt wave analysis, the stock seems to have finished all its negative wave on the weekly charts and thus waiting for a trendline breakout above 141. In the event, it will be correct to say stock has bottomed out and is...
nifty can test this levels tommorow this is not call or tip this is for educational purpose so learning is more imp than p&l keep your own level and experience. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER FROM LOSS OR FROM PROFIT.)
Friday banknifty first go up side 120 points and then down side 160 points Important support 43727. And important resistance 44040
No Overlap Lower Low is done Ready for the Impulse LTF gains momentum Rise till 524 / 541 / 567