From 16914 wave (c or iii) is in progress and from current high 17638 there is a possibility of one retracement towards 17467-17361. But one should not look for selling for that support range because its against the wave (iii) trend so safe strategy is to buy when it comes in the support range for the target of 300-495 points. If Nifty trades below 17361 then only...
Doge Coin Next Rally ? $1 or $5, Doge coin officially to the moon...
This as per my own techical analysis. So, according to me the chart is currently in bearish trend and can touch 300 level atleast which can be best price for buying so we need to w8 for that level. Disclaimer:Invest at your own Risk. I am not registered with SEBI
Balram Chini looks like could be starting iii of 3rd wave through which a rally can come soon.. Buy in the zone 365-72 Stop loss could be 355 or 348 levels for a target of 450+ soon
"Trading day, April 6th: The global market indicates a slightly negative start. The market nature is structurally bullish, and the market may start with a neutral to moderately bearish opening. After that, if the initial market breaks yesterday's high, we can expect rally continuation. On the other hand, if the initial market declines sharply, then we can expect a...
"Trading day, April 6th: The global market indicates a slightly negative start. The market nature is structurally bullish, and the market may start with a neutral to moderately bearish opening. After that, if the initial market breaks yesterday's high, we can expect rally continuation. On the other hand, if the initial market declines sharply, then we can expect a...
"Trading day, April 6th: The global market indicates a slightly negative start. The market nature is structurally bullish, and the market may start with a neutral to moderately bearish opening. After that, if the initial market breaks yesterday's high, we can expect rally continuation. On the other hand, if the initial market declines sharply, then we can expect a...
1560 is a resistance and there is a high probability of profit booking from this zone. keep this in radar.
bank nifty is moving up but missing the strength and its moving in a channel so expecting some profit booking before further move.
Lal Path Labs is looking for great buying opportunity after formed descending channel & Lined up with the double bottom formation and has a potential movement to the upside.
Route mobile is looking for great buying opportunity after formed descending channel & Lined up with the double bottom formation and has a potential movement to the upside.
The scrip faced resistance at - 50% retracement of the earlier 5 wave down move - near 4th wave of the 5-wave leg - Channel's upper end. Is this stock ready to touch the lower end of the channel - which may coincide with larger 4th wave ?? Let's see how this develops....
The scrip has faced resistance at - 66% retracement level of the earlier 5 wave down leg; and - falling trend line from the highs RBI policy tomorrow, may help it to get back to 169-170 odd levels to complete the structure. We would be keenly watching this scrip for next leg down. Let's see how this develops.
There is a very high probability that the wave B of correction is completing and we my see the start of wave C which can go below wave A low
NIFTY SPOT HAS MADE A LOW NEAR 16828 ON 20TH MARCH 2023.. will give wave count from this low as follow WAVE 1 : 16828 TO 17207 (379 POINTS) WAVE 2: 17207 TO 16914 (293 POINTS i.e. nearly 77% corrected) WAVE 3 IS ON : 16914 TO 17545 (HIGH TILL NOW) (631 points till now) 1.61 fib level comes near 17527 now negative diversion is visible on MACD indicator.. price...
NIFTY SPOT HAS MADE A LOW NEAR 16828 ON 20TH MARCH 2023.. will give wave count from this low as follow WAVE 1 : 16828 TO 17207 (379 POINTS) WAVE 2: 17207 TO 16914 (293 POINTS i.e. nearly 77% corrected) NOW WAVE 3 IS ON : 16914 TO 17290 (HIGH TILL NOW) (376 points till now) 1.61 fib level comes near 17527 now wave 3 is on so it will sub divided into mini 5...
Educational Video : Triangle Pattern Unfolding Realtime Triangle is an Elliott wave pattern seen during sideways market consolidations, it is composed of 5 corrective sequences. Triangle presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility. What Next? Thrust...
"Trading day, April 5th: The global market indicates a negative start with a moderately bullish market nature. It may start with a neutral to slightly gap-down. After that, if the market breaks the minor support zone, we can expect a 38% Fib level, which is a major support zone. So, if the market rejects this level, we can anticipate a minor pullback that will...