I have found numerous confirmations to show bullish structure, the Elliot Wave Theory shows leg 4-5 to be higher than leg 2-3.. this is a potential swing and based on time anaylysis should be roughly three days..
I daily make educational content videos on swing trades and Ideas
From 5th January onwards we have seen that Banknifty is stuck between 41720 - 42745 is creating a sine wave pattern. If we look at banknifty chart in a broader time frame we will see that price is consolidating in this range preparing for a breakout to a new Banknifty high. SCENARIO 1 If we see a gap up and Banknifty opens above or around 42745 then we may see...
Chart pattern possible formation 🤞 . After the Berkshire increased their buying stake @ Chevron Corp.
NSE:VEDL Has broken out of resistance with volume. Can give decent rally.
It's my personal view. This is for educational purpose Only. This is not buying or selling recommendations. I am not sebi registered. Please consult your financial advisor before taking any trade. Thankyou.
FX_IDC:USDINR Analysis on 12th December 2022 >Wave Count - Possibly Beginning of Correction Wave C on bigger cycle. >Strength - Between the both the tops shown in chart there is a Berish Continuous Divergence.
Consolidation near highs is a good sign...also the price is making a triangle...looks good to breakout
Hi All, today i am sharing my view on concor stock this stock has good support around 710 -720 level we can see some upmove in this stock
The global market indicates mixed sentiment. market nature is slightly bullish. The market starts with neutral. After that, if the market breaks immediate resistance, then we will expect a rally continuation. On the other hand, if the initial market decline sharply, then it will take consolidation to correction.
The global market indicates mixed sentiment. market nature is slightly bullish. The market starts with neutral. After that, if the market breaks immediate resistance, then we will expect a rally continuation. On the other hand, if the initial market decline sharply, then it will take consolidation to correction.
The global market indicates mixed sentiment. market nature is slightly bullish. The market starts with neutral. After that, if the market breaks immediate resistance, then we will expect a rally continuation. On the other hand, if the initial market decline sharply, then it will take consolidation to correction.
It's my personal view. This is for educational purpose Only. This is not buying or selling recommendations. I am not sebi registered. Please consult your financial advisor before taking any trade. Thankyou.
It's my personal view. This is for educational purpose Only. This is not buying or selling recommendations. I am not sebi registered. Please consult your financial advisor before taking any trade. Thankyou.
Idea: I am using 1 D Time frame in Minda corp here Tools: Using the Fibo tool for retracement purposes ( as the stock went up fast so to a resistance level, so we need a retracement of at least 50-60% fibo for low risk trade else its fine for a risky trader to enter ( ofcourse at your own risk, take financial advisors advice too if needed ) Thought process:...
Nifty broke the resistance level. and triangle setup also broke. As per oi data 17900 is strong support. 18200 is good resistance for this week.
The stock has tested the previous resistance levels and has fallen till 0.5 fib levels and is on rebound. can be a good buy if sustain above the resiatance area(marked). 1692-1695. with SL below 1690 upside target could be 1900/2028
Hello Traders! We recently saw the market analysis of Nifty50 using Elliot wave theory. Elliot wave theory can be very accurate when it comes to the market. You can get the analysis wrong, but if you apply the theory correctly, it can help you in more ways than one . 1. As we see on the chart, Wave 1 and Wave 3 were completed in 62 days each . This is not...