Nifty has completed 127% of the ending diagonal and has now begun to decline. Currently, it is taking more time to fall than initially anticipated. The expected time for the descent from wave 4th to wave 5th, as observed on the 75-minute chart, is four candles, and bank nifty is not supporting therefore, consider setting your initial target for the move from wave...
Explore effective strategies for short-term trading on the EUR/USD currency pair as it approaches the upper boundary of its current trading range. Learn how to identify key resistance levels and implement tactical approaches to capitalize on potential market reversals or consolidation within the range. Gain insights into risk management techniques and entry/exit...
Good morning, friends! Here are the directions for March 5th: there have been no significant changes. The global market trend remains moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to a slightly gap-down start, as suggested by Giftnifty, showing a -20 point. Nifty...
Banknifty is following a 5th ending diagonal pattern. So if the market breaks yesterday's high, it will reach the fib level 78% with minor consolidation. After that, if it rejects there, we can expect a minimum of a 23 to 38% correctional wave. However, if it sustains there (consolidates), then it might turn into an extension variation. On the other hand, if the...
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As my analysis i shared a long side position in #btc and hence, it moves massively and now come to near all time high does it sustain and make new highs else it will come down my view is if it will break all time high then it moves toward $100k.
This chart will give you the full direction on how it will go to 100 rs
Add justdial @ 770-777 target - 820/865/++ stoploss - as per your risk trade at your own risk
weekly chart of reliance starting from march 2020. Fits in to a leading diogonal.wave 3 is not the shortest.overlapping of wave 4 and wave 2.major 1 st wave ended in may 22.there after reliance had a pull back in 2 nd wave.Now 3 rd wave is in progress,inverted head and shoulder pattern can be visualised here. At least target of 3089.7 can be reached.this is weekly...
In this scenario, the BTCUSD pair experiences a significant downward movement below a critical support level, triggering a bearish breakdown. Traders witness a sudden and drastic drop in the price of Bitcoin against the US dollar, accompanied by a large red candle on the price chart. The selling pressure overwhelms the market, causing panic among investors and...
Investors are closely watching the gold market as momentum continues to build, with indicators suggesting a potential surge in prices. A flag and poll analysis conducted by experts indicates that gold is expected to experience a significant increase in value, supported by substantial trading volume. Traders are advised to closely monitor developments in the gold...
Banknifty also has the same sentiment. If the gap-up sustains, then we can expect a minor rally. Once it rejects the immediate resistance levels, then we can expect a minimum correction of 23 to 38%. Alternatively, if the gap-up doesn't sustain, then we can expect a 23 to 38% correction initially, indicating that the 4th wave may continue further.
Good morning, friends! Here are the directions for March 4th: The global market trend is still moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +70 point. Nifty has a consolidation structure around the...
It seems a breakout of the Ascending Triangle in Nifty as desribed in my earlier post. Now we have to just make a point of view of Being Bullish and look for only long trade until any significant movement downside. Break of the full E leg may take market more towards downside. We can make our self long, by Buying a Long Future of Nifty April Series and Buy a...
Cardano appears to be in an impulse phase, indicating a bullish market trend. According to Elliott Wave Theory, Wave 1 has ended, and Wave 3 has the potential to last at least 161% as long as Wave 1.