Banknifty 51700 support upmove will continue levels on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Wave Analysis
Nifty 1st support 24130 upmove will continue levels on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NIFTY INTRADAY LEVELS FOR 03/12/2024BUY ABOVE - 24340
SL - 24250
TARGETS - 24420,24500,24600
SELL BELOW - 24250
SL - 24340
TARGETS - 24180,24100,24000
NO TRADE ZONE - 24250 to 24340
Previous Day High - 24340
Previous Day Low - 24000
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
OFSS: Ready to Soar to New Heights? Mission Control Says Go! #OFSS
✈️ OFSS: Ready to Soar to New Heights? Mission Control Says Go! 🚀
OFSS (Oracle Financial Services Software Ltd.) is currently cruising at 12,100-12,250, and this tech jet seems primed for a high-altitude mission. With flight checkpoints at 12,619, 13,271, and the stratospheric 14,172 on the radar, OFSS appears set to climb through the financial skies! 📈
As a leader in developing banking software and IT solutions, OFSS is like a state-of-the-art fighter jet equipped with the latest technology. Its twin engines—the Product Licenses and Related Activities segment and the IT Solutions and Consulting Services segment—are humming smoothly, ready to propel it upwards. This jet isn't just flying solo; it's backed by years of expertise. 🛫
First stop: 12,619—the initial airbase where OFSS can refuel and assess conditions. With favorable tailwinds from its strong market position and innovative offerings, the next targets at 13,271 and 14,172 could be well within reach. That's the kind of altitude where even seasoned pilots tip their wings in respect! 🌤️
But remember, pilots and traders alike should keep their instruments in check. Even the most advanced aircraft need regular maintenance—so keep an eye on those stop-losses and market conditions. After all, every successful mission requires careful planning and adaptability. 🛡️
So, fasten your seatbelts and adjust your trading goggles. OFSS is gearing up for an exciting ascent, and it might just be time to enjoy the view from higher altitudes. Here's to clear skies and a smooth flight all the way to 14,172 and beyond! ✨
Wish You Happy & safe trading
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Reliance Stock Retrace 78% Then Price Show MomentumPRICE CMP 1309
1. ABC Elliot Wave Correction in Stock Looks Like Complete.
2. Price has Engulf the last five candles and has also made breakout.
3. RSI is also above 50 and MACD is also showing a reversal.
4. Because the price has 78% retracement, the Risk Reward is also good.
The above is my personal view on the stock which I have shared for learning and observation purpose. This is not a trading advice in any form.
BIOCON for 420-440 in the Final 5th Wave?CMP: 352
TF: Daily
The impulse from 191 is still on and the final 5th is in play now.
Internal counts are marked in the chart.
It has completed Minor 4 and also 5.1 and 5.2 as well.
This impulse started from 303 (Oct 31st) could potentially go up to 420-450 levels, and possibly fill the GAP at that zone as well.
Although it gave a technical breakout above 353 and negated the LL-LH structure, a breakout and close above 358-360 would give final confirmation.
A very good set up for December series.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
RELIANCEHow's the Josh Traders??
Here is a catch, Reliance industries is showing a bullish stance many TV analysist are Bullish on reliance, Everyone is Saying that Nifty has made its bottom and new highs coming soon.
BUT WAIT !! HOLD ON.....
Market has its Own structure and Travels along with its Waves (Elliot Waves),
I have a Bold Judgement in Reliance beacuse Wave C is Still pending (WAVE ABC ARE CORRECTIVE WAVES IN ELLIOT WAVE THEORY)
So Short Reliance Ind @1310-1330
Stoploss @ 1350
Target @ 1150
NOTE : This is for Educational Purpose please take trade according to your financial Advisor.
HAVE A GOOD DAY TRADERS.
ICICI Bank: Cleared for Takeoff? Targets Locked and Loaded!✈️ ICICI Bank: Cleared for Takeoff? Targets Locked and Loaded! 🚀
ICICI Bank is currently cruising at 1,300-1,310, but it’s looking ready to engage afterburners and soar to new heights! With flight path checkpoints at 1,362, 1,403, and a final mission target of 1,449, this banking jet seems all set for a high-altitude adventure. 📈
The engines are humming, and ICICI is looking like a top-gun contender, ready to outmaneuver the bears and climb to its next airbase. First stop: 1,362 — a routine check-in. From there, it might throttle up to 1,403 and, if everything goes as planned, reach the high skies at 1,449. That’s the kind of altitude that makes even veteran pilots proud! 🛫
Traders, strap in and keep your radar locked on. This flight looks strong and steady, but as always, keep your ejection seats (stop-losses) ready — just in case ICICI decides to buzz the tower and regroup. For now, though, the sky’s the limit! 🚀✈️
Here’s to ICICI Bank’s upward mission — clear skies, strong tailwinds, and a smooth ride to 1,449 and beyond. Over and out! 🛬
Wish You Happy & safe trading
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
#AETHIR Price Prediction & 1300% Potential In Bull MArket #AETHIR Price Prediction & 1300% Potential In Bull MArket 🚀
TSX:ATH is showing strong bullish momentum with a breakout on the daily chart. Given the project's potential, especially as a competitor to , there's a clear path for significant upside.
With #RENDER market cap at $4.5 billion and AETHIR at just $380 million, a 13x increase to $1 seems achievable in the current bull market, placing #ATH in a $5 billion market cap range.
Key Levels:
▪️ Accumulating between $0.05-$0.073 is ideal for positioning.
▪️ Targets: $0.15, $0.30, $0.50, $0.70, $1, $2.
▪️ Stop-loss: Below $0.04 (high risk, high reward).
This dip presents a solid buying opportunity for those looking to ride the upcoming bullish trend.
#Sensex directions and levels for December 2nd. Current View:
The current view indicates that if the market starts neutral or experiences an initial decline, the immediate zone(red) will act as support. If it consolidates or breaks this level, we can expect a continuation of the correction, with a minimum target of 79136 to the minor demand zone. This is the basic structure. However, if it doesn’t break this level, it could see a pullback.
Alternate View:
The alternate view suggests that if the market sustains the gap-up and breaks the previous high, it could reach the 80170 Fibonacci level on the upside, which is a major resistance. Until we break this level, we cannot expect a continuation of the rally. If it breaks, the rally will continue; conversely, if it is rejected, it could turn into a range-bound market.