See the Chart after 5 moves it made flat correction in the form of abc in C wave it has formed Ending Diagonal pattern and it has given Breakout moving towards new high
AuroPharma:- It has been in corrective wave (B); and looks like it ended near 1130 zones. Now, if prices fall below 1100 then it indicates wave (C) in progress. This means a fall towards the origin of wave (B). This is Educational purpose only consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for...
this idea is a combination of fundamental world view .. painted on chart using Elliot wave .. upcoming 4rth is a primarily a technical trade and not a fundamental trade... however given the current economic situation ( inflation again creeping up and remaining persistent ) forcing central banks to postpone rate cuts , employment and wage situation ( pointing at...
ShareIndia 61.8% fib level of wave 2 to 3 held as support. Looks like wave 3 to 4 is over. Still don't see positive divergence in weekly chart. Can expect final wave to rise and reach above target levels as per chart.
The global market trend is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a bullish trend. It might open with a slightly gap-down start, as suggested by Giftnifty, showing a -55 point. Nifty has consolidated after the gap-up in the last session. It's indicating trend continuation, but Giftnifty shows a negative bias. If...
Banknifty has also consolidated in the last session. If the market opens with a gap-down, then we can expect minor correction initially. After that, if it finds support around 23 or 38%, then we can expect consolidation for a rally continuation. On the other hand, if it breaks the fib level of 38%, then it may turn into a correction phase that will reach a minimum...
Mphasis is resting near 200 ema on a daily time frame bullish rally can be seen from 2450 level
BankNifty Analysis - Stance Bullish ⬆️ BankNifty does what was pending for quite a long time i.e break above the 47465 resistance. Despite the sharp correction in the last 45 minutes of the previous working day, BN managed to recoup the losses and close much higher than the swing high. We took out the resistance in the opening candle itself after that there were 2...
My friends how did the TRADE go today. My deposit is Rs 1000 in 3 lots. My SETUP said market below 22500 but PREMIUM INCREASE didn't happen. 22450 today SUPPORT worked but PREMIUM did not increase. The market came to pick up empty PREMIUM today. Tomorrow NIFITY 22300 is super HEAVY SUPPORT and 22450 is STRONG SUPPORT. And 22500 HEAVY RESISTANCE RU MEDIUM...
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Here I have analyzed the Infosys stock based on last month data and its price movement. It contains trend line and different level to watch for in coming days or week.
A one candel drop is recovering to its middle health. we can expect again fall from 2237 point , If priice close below 2238 (or i have marked line ) we will see flow to 2220 , Making W pattern but trapping the retailers !!!!!!
consolidation zone will be retest with bias towards 150 levels good earning on cards
Bharti Airtel has finished Wave 5 according to the Elliot Wave Theory and is poised for a correction. We're currently anticipating a strong follow-up candle to the recent Lower High (Spinning Top Candle), which could signify a trend reversal. ADDITIONALLY, ENDING DIAGONAL TRAIANGLE CAN ALSO BE SEEN.
As per Elliott Wave this stock is running into 5th wave. 2700 is the target if we see 1=5. Overall cup and handle would also make sense! but after it surpasses 2700.
Bank Nifty also reflects similar sentiment. Gift Nifty is indicating a gap-up start, suggesting potential consolidation initially. After that, if it breaks the previous high, we can expect the rally to continue. Alternatively, if the gap-up is not sustained, we can anticipate a minor correction initially. If it finds support around the 38% level, it may form a...
Good morning, friends! Here are the directions for April 1st: The global market trend is moderately bullish, supported by the Dow Jones, while our local market sentiment indicates a similarly bullish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +40 point. Nifty has recently rejected nearly all-time highs. I...
Polygon Matic the indian crypto currency network. The most high-tech and advance layered protocol project. It’s in the contraction zone since long time making inverted poll & flag pattern. Can blast either side. High probability of breaking it at higher side. There are several reasons. It’s most under rated coin at the moment & havent pumped in the bull run....