weekly closing above 355 important for bullish trend support and resistance trend analysis
Buy and Sale idea in nifty so be neutral in the market and wait for your setup.
Buy and Sale idea in banknifty so be neutral in the market and wait for your setup.
in the stock we are see a fake breakout. after the breakout stock going up and hit sellers' stoploss and the stock straggling to going up
a good buy and stock is in pressure. its time to keep an eye on Manappuram. A good business at a proper fundamental valuation.
an alternate view on final 5th wave and once this is completed. an impulse wave was yet to complete.
ELLIOTT WAVE ANALYSIS An impulse took place and a cycle has completed the 1) wave and the correction of 2) is in the end . In 2) wave a simple flat correction took place. But my view is that we may expectation is that we may expect a complex correction . It may raise to 180-190. If the up move was slow and too long then we can expect a correction...
"Good morning! As of August 2nd, there is no significant difference compared to the last session. The global market sentiment is slightly positive (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a slight gap-up. Therefore, we can expect a minor pullback afterward. If the market rejects the immediate resistance...
"Good morning! As of August 2nd, there is no significant difference compared to the last session. The global market sentiment is slightly positive (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a slight gap-up. Therefore, we can expect a minor pullback afterward. If the market rejects the immediate resistance...
"Good morning! As of August 2nd, there is no significant difference compared to the last session. The global market sentiment is slightly positive (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a slight gap-up. Therefore, we can expect a minor pullback afterward. If the market rejects the immediate resistance...
CREST on closing above 241 has good prospects to 248 with shunting in place It has reached Q1 RRG and HTF is in momentum
CREST on closing above 241 has good prospects to 248 with shunting in place It has reached Q1 RRG and HTF is in momentum
Finished my technical forecast in Laxmi organic, the stock has finished its Elliot wave with EMA cross. Thus the stock is giving a buying signal till T1 forecast levels after that due to the high consolidation zone the stock may face a supply till 291 where the stock will find demand zone back till 338 which will be a completion of Inv H&S formation breaking that...
Completed its full circle of Elliot wave i.e. 1,2,3,4,5. Completed counter waves of A, B and in the process of completing C. Stuck up in the circle. The Lower white line is not likely to be broken. C wave likely to be broken within this line. For execution we will have to refer to 1H Chart. 1H Chart shows price above 200 SMA but 100 SMA is below it. May,...
You can check the wave counting I have done in this stock. I think correction is over in this stock, its been a long correction though. It should start heading north from here on. Good time to start accumulation in this stock for your portfolio. All the best.
It has become bullish in short run referring to 5 minutes chart, but in 1H still bearish. Wait for the SMAs to reverse in the desired order. Daily chart also shows the same. Trade with proper risk management and wait for the levels to come on closing basis. Only for educational purposes. I am not a SEBI Registered Analyst. Before making a decision, please...
Daily Chart - Reliance Daily Chart Two Parallel lines in white have been drawn. Above the upper white line all the distribution has been done. The left most green candle just above lower white line is the crucial candle where previous swing started at 2419.95. If that is not broken means new higher swing coming up. If broken, gives a huge short...
Previous high of previous 14 days swing is the crucial factor for Gold i.e. 1920.94. Please refer to my previous coverage and execute only with proper price action on closing basis with the help of other indicators. Refer to earlier idea posts on Gold. Links provided.