Finally the Triangle in B, seems got completed. Should head towards south to complete its C in 5 waves. not looking good for now.. but eventually when this correction gets over may be in couple of months or so...we can start accumulating this stock.
Banknifty on the other hand gave a trend reversal signal in just a day. For nifty we had atleast 3 days in succession. I took some short positions yesterday intraday and was all geared up to further attack by shorting more CALLS today. The opening minutes looked encouraging, so did the period from 10.35 to 11.15 but 2 things went against it. The options data...
NSE:NIFTY reached near its All Time High 19000, peoples are talking about big fall but here the view seems different to me, As per my Elliott wave study and my counting on it which can differ with every EWT user above is my shared view, please look carefully & have a happy trading here are some points to take in consideration. 1] Price is still in channel. also...
Today’s gap up opening and the race towards 19825 took out my stop loss. From last Friday we were short on Nifty, this stop loss hit proves to me that the bears are short lived in our market. Nifty50 went up 147pts ~ 0.75% from the prev. close enough to take out the 19800 levels where I had placed the protective stop. The main reason for the rally was the boost...
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POI tobuy in new york session bcz london is bearish short term buy
Hi guys Nova here, Market is making higher high but making the same lower lower at the same time, Totally cnfusing structure, However i have managed to make one trade with very small sl.
In Wave Thoery Market Driving in Channel Generally After 3rd Wave Market Start Up Trade. See in Today market open Gap up the Reason we take Buying Trade. I am Student. I follow Price action with wave theory. Follow of More Wave Analysis Learning Thank You
Crudeoil looks bearish for short term.going down in wave C
Hi Everyone This is just an follow up chart of our yesterday forecast. yesterday i indicated that price wave 4 correction will likely to end here and we move up in wave 5. you can see this in below chart. Thank You
This analysis is based on Elliot wave corrective patterns. Buy and stop and target levels are shown.
Nifty has great strength holding every pullback at either 20 hour or 40 hour averages thats gives bulls a upper hand yesterday Nifty did 61.8% retracement of previous rise now again its rising in impulsive moves a move towards 18870-18890 could complete 5 wave rise of Minor degree in Wave 3 of 3 to make it easy Nifty could be moving towards 20300 in next 2...
gnfc in consolidation way respecting trend line support let see what happen
The dollar index ahead of FED decision day is at the 20dma and has retraced the recent losses from incoming data around weak inflation. In other words, Dxy is up only on fear that the fed will raise rates, but the data suggests that they should not. At a critical resistance, the dxy may be close to resuming its downward course. The dollar should head lower from here.
Sharing chart is on small time frame. Wave counting been done on 30 minutes time frame and with that, 1 leg with 5 waves pending, and infact started today itself. Just check the counting and you will understand that we have to count 5 waves from yesterday lows which probably should end around 20100 mark to end this complete 5 wave impulsive structure. Will...
chech out the levels,its workin perfectly on nifty 50,trade after12 on these levels surely you will make money.
Good morning! As of July 26th, the global market is starting positively, with GIFT Nifty showing a +12 point increase from the previous session. The market seems to be moving in a range without significant differences compared to before. It's moderately bullish, meaning there's an upward bias. We might see a slight gap-up opening. If the market stays within the...
Good morning! As of July 26th, the global market is starting positively, with GIFT Nifty showing a +12 point increase from the previous session. The market seems to be moving in a range without significant differences compared to before. It's moderately bullish, meaning there's an upward bias. We might see a slight gap-up opening. If the market stays within the...