The global market indicates a positive start. market nature is bearish. market may start with a little bit gap-up. After that, if the market breaks the previous day's low, then we will expect correction continuation. On the other hand, if the gap-up sustain, then we will expect a minimum of 61 to 78% pullback wave.
The global market indicates a positive start. market nature is bearish. market may start with a little bit gap-up. After that, if the market breaks the previous day's low, then we will expect correction continuation. On the other hand, if the gap-up sustain, then we will expect a minimum of 61 to 78% pullback wave.
Today's fall was steep and deep which indicates it's an impulsive and moved as predicted. Therefore we can assume that nifty has completed wave C in five sub division and Now nifty may move upward which may be impulsive or corrective both are possible... If Nifty breaks 18110 in 5 sub divisions or in Gap up and holds for 15 minutes than it will move upside...
As you might be able to stock is very bullish from weekly timeframe. On daily liquidity has been taken and tapped into demand. It rignt now looking to pullback and head higher. Not financial advice and not liable for anybody in any regard.
As you might able to see the BAC is done with monthly pullback. We can potentially see a monthly bullish impulse. Good option for long term hold based on technicals Not financial advice and liable for anyone in any regards Just my journal
BAC looks very bullish from weekly and needs a pullback to head higher. Not financial advice Not responsible for other actions Just my personal journal
Today will be flat opening in banknifty . After opening if banknifty starts trading above 42850 level then expected further upside rally upto 43350+ level and below 42850 starts trading for downside upto 42500
decision will be taken on the basis of market sentiment and other calculation
Nifty is around Buying range mentioned in chart. 17961(61%) will be downside breakeven point so one can maintain SL around 17950. approximate target would be 400-500 points from buying range.
hello everyone! Its the end of year and here we are at a major supply zone. market is moving in a clear 3 wave motion. this could be an ending diagonal (final 5th wave in Indian market history which can lead to huge correction) or a leading diagonal of 5th wave. lets wait for the market makers to decide their long term move. But for time being lets focus on short...
xauusd is getting rejection at this point where breakout of trendline is also seen. currently retesting the breakout looks good to short at current price with the high as sl.
FX_IDC:USDINR seems to be forming Truncated 5th Wave. Lot of selling pressure at 83 with RSI negative divergence suggesting momentum Fading. Unless 83 is Taken out on closing basis. It could turn out to be Wave 5 Truncation as per Elliottwave Theory.
inter-market analysis can be tricky but even as the USDINR hit a new high yesterday, the last two days bounce on hourly charts is a-b-c, what that means is that it is not a new move but the end of something. If USDINR closes down today after that it would add weight to a positive near-term outlook for the Nifty given the historical inverse correlation between...
NSE:BHEL price target and stop loss is mentioned on the chart Do like and follow if you take this trade and make a profit
Disclaimer There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Wishing You All A Happy & Prosperous New Year 2023 !!! Short Video on Bank Nifty - The last move or idea for year 2022. Last Price - 43115 Trading Strategy Plan A - Important Support Zone 42900-43000 Index taking support...
Good morning everyone. #nifty - The global market indicates a negative start. the market nature is neutral to slightly bullish. market may start with a gap-down. After that, if the market takes a pullback, then we will expect the pullback continuation(38% is a demand zone). On the other hand, if the market breaks the 38% fib level, then we will expect a...
Good morning everyone. #Banknifty - The global market indicates a negative start. the market nature is neutral to slightly bullish. market may start with a gap-down. After that, if the market takes a pullback, then we will expect the pullback continuation(38% is a demand zone). On the other hand, if the market breaks the 38% fib level, then we will expect a...
Good morning everyone. #Finnifty - The global market indicates a negative start. the market nature is neutral to slightly bullish. market may start with a gap-down. After that, if the market takes a pullback, then we will expect the pullback continuation(38% is a demand zone). On the other hand, if the market breaks the 38% fib level, then we will expect a...