what you see and what you feel ? what you see impotant. as shown in the chart it is in 3 rd wave. Of course retraced 23.6 percent of it. in some cases when 3 rd wave is extended it can retrace 23.6 percent. It seems here it is extended here, Normally 4 th wave retraces 38.6 percent of 3 rd wave. Its result is tomorrow.In case of good result it can lift nifty along...
Market Dominance: LIC holds a significant market share in India's life insurance industry, providing stability and resilience to its operations. Strong Financial Performance: Over the years, LIC has demonstrated robust financial performance, with consistent growth in revenue and profits, making it an attractive investment option. Government Backing: As a...
NSE:GMRINFRA looks good at current levels for a swing towards upper end of the channel which is near 110/130 marks. Momentum indicator has also started to show signs of turnaround. One can Buy at current levels for a move towards higher level in next 1-2 months. To mitigate risk stop loss can be placed below 75 on weekly closing basis.
Bitcoin started a very short term correction from 14March and complete A wave on 20March and form a B wave on 8 April and make a flat correction where C wave end below 60000$.So now bitcoin is ready to break its recent life time high.
I have opened long positions at 60k, 61k, 62k, and 63k. Now, I expect a slight dip to fill the CME gap. I am closing 50% of my position to book some profit and will add more if the price comes down. The prices I am looking to add long positions at are 64411 and 63501. There is no new CME gap formed between 64405 and 64495; it will fill sooner or later.
BankNifty also has the same sentiment. It had a solid pullback in the last session, so here also we can expect minor correction only if it rejects around the immediate resistance level. However, if the gap-up sustains or breaks the immediate resistance with a solid structure, then the rally will likely continue.
Good morning, friends! Here are the directions for April 22nd: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing a +160 point increase. Nifty had a solid pullback in the previous session. GiftNifty...
HSTECH has gone through a deep correction in last few years. My wave counts suggest that the bottom has been made and it's the beginning of the next leg up/ or at least a big enough pullback of the entire fall - in any case a good bullish trade. We have completed Wave 1 and 2 and Wave 3 has begun. Within wave 3, just minor 1 has been done and wave 2 correction...
History of SENSEX S&P BSE SENSEX, first compiled in 1986, was calculated on a 'Market Capitalization-Weighted' methodology of 30 component stocks representing large, well-established and financially sound companies across key sectors. The base year of S&P BSE SENSEX was taken as 1978-79. S&P BSE SENSEX today is widely reported in both domestic and international...
Who is the owner of Bank Nifty? NIFTY 50 - Nifty 50 is owned and managed by NSE Indices (previously known as India Index Services & Products Limited), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited. How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems...
Island Reversal, A significant gap up, or sharply higher price at the open, follows an upward price trend, then reverses to a bearish price trend. Rsi divergence implies a change in relative strength as compared to price movement. The price has come out of the regression channel. Probably we are in the 4th wave, which means we have completed the top of the...
Stock Has Classic Wedge Unfolding. Buying Trigger Only Above 411. Once stock crosses upside above 411, It can zoom upside towards 510 & Above 510 for 840 in next few months or year ahead. From WaveTalks Abhishek
Further updates on Bitcoin's H4 trend: Bitcoin has just completed 11 waves of the FLAT correction wave in the H4 frame. Currently, a bottom has been created at $60,000 Looking at the H4 frame, we can see that Bitcoin has just continued the first 3 beats of its 5 growth beats. The TenKan and Kijun lines both intersect and the upward trend is in the ichimoku cloud...
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Crompton Greaves found good on the chart 1)Increasing In Volume. 2)If Cross 303 good for swing. 3)Double Top can be made Cross the Macd line. 4)Mutual Funds & FII Increased their Holding. Note* Only for Educational Purpose Not Sell & Buy Recomdetion. Plz consult your financial adviser before any decision.