There will be a big movement in the market soon.................................................
The IT sector had a wonderful bull run post-Covid giving 250% returns and the sector has been correcting ever since January 2021. As per Elliot wave analysis, the sector probably has started the 5th corrective wave. This wave is likely to end by March-April. A good time to invest in this sector will be before the next quarter's results.
If choch happen in 1 min tf then most probably it will tap OB which was grey box below and if BOS happen then it will tap grey box OB above.
NSE:VEDL is experiencing a classic compression at the supply (VCP). The stock could move 30% or more if it breaks above 322 levels.
On 4hr chart we can see the rise has rised above 80 which is the oversold region. Whereas there is an orderblock or the High Demand area of 21000-21500 which is working as resistance for now. Retracement is required for futher move as it is going in one direction. Retracement is expected till 18000-18500 levels which is supply zone or support for now. If...
NSE:NMDC Has given a breakout of multi year consolidation. If sustain higher. Can give a multi fold Rally in next 3-5 years.
Elliot waves analysis. Impulse waves on the downside are completed. Expect a quick upside move. Entry - 540-550 levels Stop loss- 530 Trade duration - 10 days Minimum Target- 570 - 580. Can expect 5 to 6% returns in the next 8 trading sessions.
GKB breakout done can buy on retest between 90-88 can look for tp pf 246-252 for long term disclaimer : only for education and learning purpose
RHIM Symmetrical breakout done can look for tp of 796-800 can look for retest level around 530-40 or can look on current level for risky player only
Completing nearly 5 wave structure, F&P BO on continuation.
breakdown and breakout happen means be ready for both thing it is moving in channel and in one month time frame so see chart and price action base comment me for any stocks analysis
Good morning everyone. We have Pongal festival, I will not be able to post on those days. Hence this pre-post. The global market has a positive sentiment. The market nature is bullish. It may open with neutral to slightly positive. After that, if the market breaks the previous day's high, then we will expect a minor pullback. On the other hand, if the initial...
Good morning everyone. We have Pongal festival, I will not be able to post on those days. Hence this pre-post. The global market has a positive sentiment. The market nature is bullish. It may open with neutral to slightly positive. After that, if the market breaks the previous day's high, then we will expect a minor pullback. On the other hand, if the initial...
Good morning everyone. We have Pongal festival, I will not be able to post on those days. Hence this pre-post. The global market has a positive sentiment. The market nature is bullish. It may open with neutral to slightly positive. After that, if the market breaks the previous day's high, then we will expect a minor pullback. On the other hand, if the initial...
Bitcoin-Horizontal Analysis 31-12-2022 The above chart of Bitcoin laid out a horizontal channel pattern, also known as the sideways trend. In order to indicate how the price is constrained between the upper line of resistance and lower line of support, horizontal channels are trend lines that join changeable price highs and lows. Currently, Bitcoin is in the...
As per the Fibonacci we can see that the Gold has reached its 1.618 levels of 1920 in 15 min time frame. There is a supply Zone which has not been tested. If Possible one can take trade at the supply zone. Buy @ 1897-1898 Target - 1904/1909/1917 This is just an view no buy or sell trade is given. Do trades at your own risk
As you can see weekly is bullish. So is daily. It is for another impulse.
The bullish bounce that was overdue is done today, remember we had discussed over last 2 sessions that the option premium data is showing a short term bullish stance. If we look at the 5mts chart of NSE:BANKNIFTY , apart from the opening 30mts of volatility - we had a smooth day of trade…banknifty.medium.com So it was just an ultra short term target, we also...