If 1972 is not breached expect a pullback in form of wave C(5 sub waves) When it was at 1972 I updated in my previous post thread "1972 is very imp level.....anybody entered for short term book here." If breaches then confirm wave 3 in making for long term. Targets as shared in my previous post. Long term = Down Short term = Up Stay safe and trade...
This is what I see on BNS for now on Hourly...... Its precariously poised for now.... The level of 41762 should be taken as 42796 at EOD
Technical View:- After Broke Trend Line Price not Sustain Above higher Level and Also Price has given pennat breakdown. In this pair We could see downside up to last Swing Low..
The area between 1992 to 1990 if holds can give a good upside move till 2000 . One can capture 100 pips . 1990 if breaks selling will happen for short range pips
Wave Theory Analysis of Nifty50. Wave theory is very easy trading setup. Follow,Like,Share
Infy is about to complete correction on larger scale from here we can expect at least 3 waves bounce first confirmation will be daily positive close & weekly close above 1300 would see lot of interest from investors.
Nifty Live as i write this down with Hourly support markings for today......
"Today, April 25th, the global market indicates a slightly positive start, with a moderately bullish market sentiment. The market may open neutral or gap-up. If the gap-up sustains, we can expect a continuation of the pullback. However, if the initial market decline occurs, we can expect a correction."
"Today, April 25th, the global market indicates a slightly positive start, with a moderately bullish market sentiment. The market may open neutral or gap-up. If the gap-up sustains, we can expect a continuation of the pullback. However, if the initial market decline occurs, we can expect a correction."
"Today, April 25th, the global market indicates a slightly positive start, with a moderately bullish market sentiment. The market may open neutral or gap-up. If the gap-up sustains, we can expect a continuation of the pullback. However, if the initial market decline occurs, we can expect a correction."
KPR MILL BUY ABOVE high of doji as it is breakout +support doji formation butt be carebul above it has a resistance can go for trade for minimum 1:2 target if it breaks above resistance can fly
The Scrip is looking weak and there is a high possibility of profit booking. Now the scrip is available with good RR. Keep the scrip in radar.
It is going to be a MAKE OR BREAK for BNS..... so play the swing carefully. Any Gap up/Gap down MAY just KILL BOTH WAYS>>>> BE CAREFUL. I remain NEUTRAL until 42762
Ns chart as I see it currently......... Do not be OVERTLY LONG now.... just stay on the sidelines..... We have 2 waves clashing with each other.............. 1 will OVERIDE the other..... Just stay calm and let that wave play out .... MY STRATEGY remains SHORT for now
Om Namah Shivay, 42610 should hold for some time say 1-2 days for the upside movement, otherwise it is a correction. if it does not break 42614, then 43078 is visible :) As per Gann numbers, it should make top either on tomorrow 25th or 5th may, or 19th may.
A TOTAL WAVE COUNT OF BHEL 1 of 3 has completed we are done with 2 wave are heading for 3 of 3