Bank Nifty 1 hrs time frame Elliott wave analysis 5th wave Minuette Degree In progress which is anticipate 41966 Validation level is 41250
What I see in #banknifty is the H&S breakdown, which can give a potential target of around 40,300 areas. Regards, SG
Tata motors has given a breakout of the trendline and if it sustains above 452 then we can look targets of 540. Fib levels on the chart. Most likely wave 3 in making. Stay safe and trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.
Follow up to earlier post The set-up looks completed on lower TF (lower than Daily). However, better confirmation will be on close below PDC. Lets see how this develops...
correction over for short term a tactical upside move expected
Multiple analysis for Lambodhara Textile -Elliot wave - trend analysis and prediction -Fibonacci - targets to follow -Harmonics - price indication -Supply Zone from where price to react Chart is self explanatory and only for educational purpose
plzz wait for breakout. market will decide break upside or down side. buy zone or sell zone mentioned in chart. respect market. MARKET IS ALWAYS RIGHT.
While monsoon plays big on the inflation and economy, its influence over the years is blunted. Did place a piece on the seasonal impact some time back. However, the smaller structure of bank nifty suggests we are in wave three of smaller degree than to worry on the EL-NINO. This clearly suggests bulls to aid than to the bears. Banks have been underdogs globally,...
"Trading day, April 11th: The global market indicates a neutral to slightly positive start, with the market nature being moderately bullish. If the initial market breaks yesterday's high, we can expect a rally continuation. On the other hand, if the initial market declines sharply, structurally, we can expect a long correction."
"Trading day, April 11th: The global market indicates a neutral to slightly positive start, with the market nature being moderately bullish. If the initial market breaks yesterday's high, we can expect a rally continuation. On the other hand, if the initial market declines sharply, structurally, we can expect a long correction."
"Trading day, April 11th: The global market indicates a neutral to slightly positive start, with the market nature being moderately bullish. If the initial market breaks yesterday's high, we can expect a rally continuation. On the other hand, if the initial market declines sharply, structurally, we can expect a long correction."
BTC.D did a u shaped recovery in 4hr tf nd currently heading towards the strong demand zone nd may get pumped till resistance which may cause alts to bleed.
The Moves look like KILLER WAVES....... Stay Alert.... Stay Tuned..... Are we about to EXPLODE ?????? Wait and Watch
This is turning out to be a TEXT BOOK MOVE on NS...................... Now...... holding 17358 to 17446..... we will head Higher..... Shorts will get KILLED in the process. I think I MISSED the ''' C having been done as pointed out in the chart"""...... OR.... we have just 1 more LEG of Downturn before we head into ATH...... Keep your eyes open and Read the Waves...
nifty 50 elliot wave analysis nifty 50 complete one hour chart impulse wave
Dear Friends, I have plotted Nifty Bank in daily time frame. Here , it is clearly observed that Nifty Bank is under sliding parallel channel. Yesterday, Nifty Bank is about to cross sliding parallel channel. However, today; bear market is seen. Anybody can take fresh short position with Nifty Bank Index based on own risk tolerance. However, one should square...
Accumulation zone - Factors 1) Volume is more than average 4 times 2) Buy volume is max in this rage 3) histogram is positive 4) positive result from last 3 quarters result ( more than expected) 5) more Central Gov projects lined up for next fy year 6) 24 * mutual fund is positive for the following PE result All-time new high will make con 1)- 2 mutual fund...