Here we had shared possible Elliott wave counts on hourly time frame of Nifty chart. Whereas if we are unfolding part of correction phase then currently we are in A-B-C of ((2)) or ((B)) heading towards north directions, which we can see or say in bullish way, where we can fail this rally near 18567 levels which is nothing but equality level of A and C inside...
We feel that the bounce which may start with today's gap up might sustain because:- 1. Price has reached very close to the important support zone of 16730-16980 2. Trendline support of the expanding triangle is also near by 3. RSI Divergence if materializes if green close happens today 4. EW structure looks complete - only condition is a green close If the...
"Today, April 28th, the global market is indicating a positive start with moderately bullish market sentiment. It may begin with a gap-up, but if it doesn't sustain, we can expect a correctional wave of at least 23% to 38%. Alternatively, if the gap-up does sustain, we can expect a continuation of the rally with minor consolidation."
"Today, April 28th, the global market is indicating a positive start with moderately bullish market sentiment. It may begin with a gap-up, but if it doesn't sustain, we can expect a correctional wave of at least 23% to 38%. Alternatively, if the gap-up does sustain, we can expect a continuation of the rally with minor consolidation."
"Today, April 28th, the global market is indicating a positive start with moderately bullish market sentiment. It may begin with a gap-up, but if it doesn't sustain, we can expect a correctional wave of at least 23% to 38%. Alternatively, if the gap-up does sustain, we can expect a continuation of the rally with minor consolidation."
ETH pa just doesn't feel bullish to me at the moment
MAITHAN ALLOYS BREAKOUT RETRACEMENT DOJI FORMATION TRADE VALID FOR ONE DAY IT IT CROSSES DOJI HIGH THEN BUY WITH 1:2 TARGET,as it has given breakout and formed doji on retracement
EXIDE INDUSTRIES breakout + support + doji formation buy above high of last candle186.55
Sushi been coiling for a while A breakout looks imminent
Monthly Analysis In this monthly series NSE:BANKNIFTY has moved up 2958pts ~ 7.40%. By any standards that is really superb. It has taken out 7 crucial resistances in the process and is now exactly at the 8th resistance point. This outperformance is cementing India's growth story to the global financial markets. Everywhere else the news of bank collapse, credit...
The retracement levels on NS will fluctuate as per the action during the course of a particular period. As best as I can see..... what I had given in terms of the LArger Wave remains INTACT.... from a medium ( 3-7 months perspective).... we will get the whipsaws in the smaller tf.... but Overall...... The UPTREND remains Intact. I am neither putting a Long/Short...
BUY above high of breakoput candle with 1:@ minimum take profit
Attached: Daily Live Market Chart as of 25th April 2023 Price put in a Breakout and turned out to be a False Breakout triggering a Rising Wedge Breakdown instead Targets mentioned in Chart, Stop Loss as per Risk Appetite or today's High
As predicted in my previous post Gold has given a good pullback in form of WXY. We can expect Gold to resume falling anytime now as it is in the end phase of correction. Long term = Downtrend. Short term = Sideways. Stay safe and trade safe. Note: The above is not a trade recommendation. Consult your financial advisor before taking any.
"Trading day, April 27th, the global market is indicating a neutral to slightly negative start, with a moderately bullish market sentiment. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. Alternatively, if the initial market consolidates, a diagonal pattern may emerge. However, if the market structurally breaks...
"Trading day, April 27th, the global market is indicating a neutral to slightly negative start, with a moderately bullish market sentiment. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. Alternatively, if the initial market consolidates, a diagonal pattern may emerge. However, if the market structurally breaks...
"Trading day, April 27th, the global market is indicating a neutral to slightly negative start, with a moderately bullish market sentiment. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. Alternatively, if the initial market consolidates, a diagonal pattern may emerge. However, if the market structurally breaks...