here 2 nd wave is flat correction. It seems it has completed its 3rd wave and fourth wave has ended at the center line of the base channel. 4 th wave appears to be zigzag. Up side targets are shown in the chart. In the negative sentiment prevailing it is very tough to have positive side for hdfc bank. stop loss is must here though it is nota trading...
Nifty is taking support of trendline also try to form double bottom on chart, if sustaining above 2195 it may test 22150 and 22333 soon.it is also form bullish morning start pattern.
we delve into the dynamic world of the index, providing valuable analysis and commentary on significant levels that traders need to keep an eye on. From crucial support and resistance zones to potential breakout points, we aim to equip you with the insights you need to navigate the Bank Nifty with confidence. Stay tuned for regular updates, technical analysis,...
Good Evening Traders, Today Gold Main area or bias is 2330. till the time gold is moving below 2330 we can see more low levels till 2295 and 2272 If gold will breakout 2330 level and sustain we can see more up levels 2350 and 2358 Plan accordingly, Happy Trading 😉😉
Primary 5 intermediate 5 is about to being once we get a wave 4 triangle breakout.Price above 232 would be a signal to go long with a stop-loss of 203 for a target of 300+ level. Disclaimer:This are just my views on the stock,no postion should solely be taken on its basis.posting this for my future reference.
BankNifty Analysis — Stance Neutral ➡️ BN had a flat day too but not after a deadly looking opening candle. If you look at the charts, it is more or less a replica of what happened yesterday. BN shows it is taking a breather after the recent run. Not falling off from the current levels is an advantage Bulls. Just like we mentioned yesterday, 48103 is an interim...
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Gold did a breakout a couple of weeks ago. it has retraced steeply in the last 2 sessions. it has seen taking strong support at 70819 The long-term view for gold looks positive, and the trend will likely stay intact as the monthly MACD is up. we may see retracement or correction in short term but for long term the view is bullish.
Symbol - USDSEK USDSEK is currently trading at 10.96650 I'm seeing a trading opportunity on sell side. Shorting USDSEK pair at CMP 10.96650 I will be adding more if 11.03000 comes & will hold with SL of 11.10000 Targets I'm expecting are 10.81000 - 10.73000 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis...
Cycle Degree:Blue Primary impulse:red Primary Corrective:Yellow Monthly chart of Tata Steel is suggesting price raising in zigzag corrective pattern on cycle degree of which we are in wave C shown here in blue.As zigzag being a 5-3-5 pattern wave C is unfolding in an impulsive manner on primary degree shown here in red.This impulse has completed wave 4 recently...
Cycle Degree:Yellow Primary:White Intermediate:Orange Minor:Blue Currently we are in Cycle degree wave 3 which started from 2013, of which we have surpassed 161% extention target,hence next target of 261% extention is coming at 6259. As can be seen this cycle wave 3 has been sub divided in 5 intermediate impulsive waves shown in white.Currently on intermediate...
gold going to short when entry confirmation for short time cross 200 moving AVG
NSE:BSE is one of the oldest stock exchanges in the world is surely a value pick at current levels. Elliott wave is a simple yet powerful technique to form a good trading setup! It is important to understand this concept properly before trading or investing. If applied prudently with proper understanding it is very much possible to take investment or trading...
My primary view is bullish on Delta corp.in weekly chart disjointe channel work well and I am seeing a ABCDE correction. Disjoint bottom support 115. Also fib time extension also suggest tren reversal. Target view = 300 in July 2025
Symbol - BATAINDIA BATAINDIA is currently trading at 1340 1280 - 1350 is a good support area for BATAINDIA. I'm seeing a trading opportunity on buy side. Buying BATAINDIA Futures at CMP 1340 I will be adding more if 1300 comes & hold with 1280 SL. Targets I'm expecting are 1435 - 1525 & beyond. Disclaimer - Do not consider this as a buy/sell...