"Good morning, friends! Here are the directions for April 19th: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a bearish trend. It might open with a gap-down start, as suggested by GiftNifty, showing a -350 point decrease. GiftNifty indicates a long gap-down, so I don't know where it will be open....
Now Wipro is create Cup and Handle Pattern in Longer timeframe . Take enter after break the trendline i have draw in chart . entry level : 501.90-510 StopLoss level : 479-470 Target : First Target 540 Second Target 625
The B leg that went deep 95+% of A then failed tells us its flat correction. After doing year long correction breakout in Dow was seen in Dec 2023 Good Chance is to have sharper up move once retest is completed. Internal wave count may not be accurate and best if ignore, focus more on support area near breakout point. Let me know your thoughts below
BankNifty Analysis — Stance Bearish⬇️ “The power of a strong support/resistance zone will help you in your technical analysis” — Anonymous. See what happened today, BN started strong and was keeping its head above the 47465 support for a long time. Between 10.19 to 10.31, there was an attempt to break this SR, but it failed. BN reclaimed the 47700 levels and...
I have analyzed based on price range, high, low, and trend in weekly TF. And project in the past week. Please do share with friends and like & follow too for others benifits.
The market's recent 3-phase correction wave has caused the market to lose a relatively large capitalization volume. And complete my Cup and handle model. Currently, capitalization is about to make a big step into the market. Be ready
Similar to bitcoin, ETH has just finished correcting the 3rd beat in its double correction ABC wave: zigzag - flat - zigzag. This 5th wave C also has a dead end (very weak wave) and cannot withstand the strong uptrend of ETH. Keep your wits about you if you are an ETH holder trader
Bitcoin goes through 5 C beats in the double correction wave cycle in H4: The bit runs a zigzag x flat x zigzag wave, a double wave that is rarely seen in Bitcoin's strong upward cycle in previous beats. Bit actually did a pretty good job as a sentiment maker, making quite a few people "frustrated" about this season's cycle. Countdown to Bitcoin Halving
Near waves are cryptic, it's a bit difficult to identify the inpulse wave in 3th waves of any frame, but all in all, i believe that it is in the same movement with BTC but the 5th wave in weekly frame should be the same length with 3th wave, which may make it 18$ at the end of the altcoin season.
ASHOKLEY cup and handle pattern breakout at lifetime high. Taking support at trendline price action looking bullish. Sustaining above previous lifetime high levels. Looking good for good upside. Disclaimer:- Not any recommendation and shared just as educational purpose. Consult your financial advisor. No one will be responsible for any profit or loss
If Nifty50 breaks below 22000, then we may expect swift correction towards 20000 or 19800 zones. This move is seen as wave (4) of wave ((5)). This is Educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/trading.
Navin Fluorine International Ltd. Chemical stock. Morning Star ⭐ candle 🕯️ form in support ₹5000 mark touch up coming 6 Month.
ABCAPITAL cup and handle Breakout in monthly chart near lifetime highs. Can be double from here. Disclaimer:- Not any recommendation and shared only as informational purposes. Consult your financial advisor. No one will be responsible for any profit or loss
Clear divergence between price and oscillator. This is four hourly chart. stochiastic is in overslod condition. It is not essential that divergence only confirms buying immediately. The on going wave is C wave..which should consists on five waves, In daily time frame it is not visible. we will check hourly chart later.22137 is important level. As long it holds...