- NSE:CNXIT currently into wave B - Target for wave B is 31253/32818 - SL: daily close below 26200
Good morning! As of May 26th, the global market indicates a negative start with a moderately bullish market nature. There may be a gap-down at the beginning. Structurally, the ABC correctional structure has finished. It is the first pullback for the next cycle. If it rejects major resistance or the gap-down sustains, we can expect a second wave. It shouldn't break...
Good morning! As of May 26th, the global market indicates a negative start with a moderately bullish market nature. There may be a gap-down at the beginning. Structurally, the ABC correctional structure has finished. It is the first pullback for the next cycle. If it rejects major resistance or the gap-down sustains, we can expect a second wave. It shouldn't break...
Good morning! As of May 26th, the global market indicates a negative start with a moderately bullish market nature. There may be a gap-down at the beginning. Structurally, the ABC correctional structure has finished. It is the first pullback for the next cycle. If it rejects major resistance or the gap-down sustains, we can expect a second wave. It shouldn't break...
ceat share complete daily time period 5 wave and complete correction wave a,b,c correction irregular flat correction and price again move upside weekly 3rd wave
'ADANIENT' as per Elliott Wave theory will possibly going to make a 1000% move to the upside. The 5th wave is pending. The full impulse of 'ADANIENT' is pending. But where are we now? We are in the 4th correction which I expect to be sharp to the level of somewhere near to 500 as wave 2 was a flat correction. Trade with your defined risk. The trade psychology is...
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
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Those who trade banknifty & nifty expiry will be excited to trade bankex & sensex expiry on 26 May 2023. I guess it will be the first expiry to be opened to retail traders ! I just checked the zerodha kite app, the option chain is still not integrated it seems, also the weightage of bank stocks of banknifty (NSE) is not same as bankex (BSE) - so request you to...
Five waves up in Elliott Wave analysis indicate trend and direction. So when we see a five-wave move in a particular direction, that is the trend. Following that, three waves down is where the correction ends, and we anticipate another five waves up. On this chart, Nifty also fell to the 61.8% retracement mark in the a-b-c pullback making the setup ideal for the bulls.
NSE:VEDL Vedanta Ltd. has been in a consolidation zone for more than 2.5 months after a bearish trend and there is also 5 waves correction triangle is forming. Some more confirmation is mentioned below:- 1. The price will face resistance of the 200 EMA zone. 2. The volume is not supporting the Up movement the volume is declining and the price is increasing...
#bankniftyfuture hourly chart: abc correction on .. of which wave c on.. 1st sign of weakness is given... broken down the rising channel.. hurdle 44000 "sell on rise " mode
banknifty has two major support if it breaks than trend will change. but now you have to wait for pull back at support and go long only. Follow for more 😊
Watch this level how bank nifty react on this level . Previous Demand Zone ab Supply zone banega.. Let see..
I Share Nifty Smart Demad and Supply zone Level lets see How Nifty React on this level.. You can take trade on this level with small SL on your Own Risk I share chart for Educational Purpose Only...
nifty hourly chart.. broken down the channel ..1st sign of weakness... abc correction on... of which wave c down on.. immediate hurdle near 18422 (astro level) and psychological level 18500 would be resistance zone corrective waves are time consuming.. downside support near 18155 and astro level 18065