Nifty index, has formed a bearish correction wave after the completion of the impulse wave that started at the end of the 2008 Crisis, pushing equities higher and higher.
NIFTY looks to make lows at 9800 or even drift lower as time passes.
With elections around the corner, it doesn't seem that impossible either.
SO, keep your positions light and breezy in the...
Infosys looks bearish as it has completed the impulse waves, and looks to start the correction wave. Take confirmation at 613 level. If broken on weekly basis, can be taken as a positional short, or can be removed from portfolio for the next year and a half.
We teach, and practice what we teach, kindly consult your advisor before taking any positions.
Leg a,b,c has satisfied the characteristics of a triangle,this is most probably a triangle. Assuming this as a triangle, leg d will be completed at some 500 level. After leg d is completed, it can be a great opportunity to short for leg e of X/B. after completion of leg e and X/B it can be great opportunity to go long till the wave 4 completes. Keeping...
Wolf Wave Trading Strategy Rules:
The Wolf Waves rules will help you to identify this symmetrical chart pattern. You can apply the same rules for the bullish and bearish wolf waves. Without further ado, these are the wolf wave’s characteristics:
Wave 3 and Wave 4 must be contained within the channel created by Wave 1 and Wave 2.
Wave 1 and 2 equals Waves 3 and...
Good Morning All,
Feel Excited to share the photo from future assignment of the Auro fall right at the top from my sessions. As suggested last in the update mentioned below, moving and holding above 780 - we expected targets of 785 -790 and 798
Let us check in order
Last Idea Review
Last update on the post as of 15th Nov 2018
Happier Time Post Mercury Retrograde Period - Happy New Year 2019
Mercury retrogrades for the final time in the year 2018 which has started on 17th Nov to 6th Dec 2018 - Next 3 weeks so we need to be little cautious as more chances of larger price swings and volatile sessions on account of frequent to and fro move in decisions related to communications, media,...
Psychological Level - 1200
Short Term Strategy
Stock should not move below or stay below 1200 mark. Getting an opportunity in 1200-1225 zone we shall look for 1325-1350 Target Zone
Long Term Strategy
Above 1345 - 1355 Zone - Target 1550+
Thanks for watching the video and your precious time.
. WAVES/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. There is a possibility of temporary retracement to suggested support zone (0.009121 to 0.007944). if so, traders can set orders based on Price...
The Nifty50 is at the long term resistance line which it has failed to broke ever since the great recession. It also looks to be in last leg of it's bullish wave and the bearish impulse could begin anytime.
Price has formed a nice bearish wolfe wave on TCS daily chart. We can see a strong price rejection at 5 with some good volume. One can enter short at current level. 1780 would be our first target.
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