this stock get some retracement and get boost if it is happened parallelly nifty 50 also move in same manner S O , Traders you can login two options at a time for long look at this idea.
Hello Friends, here we had shared possible Elliot wave counts of NaturalGas on weekly time frame to daily, 4hourly and hourly time frames which seems aligned with each other, so the conviction increases. Well, on weekly time frame it seems that post impulse move, currently we are unfolding correction which is already at werge of completion, after A,B we are now in...
I will like to talk about GOLD which has given us interesting price action. SELL TO BUY
The structure indicating that the scrip in last leg of corrective phase - wave 2 Crossing Swing highs would make a valid Inverted Head & Shoulder Pattern - as the move in head was a clean 5 wave structure. A probable Trend reversal on long term chart. We would be looking to have a starting position on green closing (daily TF) and add as and when the swing high...
Hello Traders! 1. This analysis is based on the previously published longer-term analysis. 2. The count has been stated along with certain warnings and guidelines. Do use proper risk management. Happy Trading. Profits, Market's Mechanic.
Here we had shared today possible Elliot wave counts of Force Motors ltd, on daily time frame, as per Elliot wave structure its clearly showing that we are in correction phase after impulse started from bottom of pandemic period of march 2020 and completed wave 1 till swing high of November 2021, well, if this phase was a fresh impulse as a wave 1, then currently...
Expiry Week Outlook- A Short Video. Thanks Impulsive sequence unfolding from the tops of 44151 on 14th Dec 2022. From Budget day - 1st Feb 2023, Index has been doing a roller coaster moves so we need to be careful as next downside trend may start soon once key & critical levels are breached on downside. Thanks
$TSLA aka Elon Musk's Tesla CMP= $204.99 Attached: Weekly Price Chart as of 14th October, 2022 - Price has triggered a Head & Shoulder TOP Pattern Breakdown - Tesla still has a PE of 74 which is Overvalued and Expensive compared to Peers and Unsustainable in a FED Tightening Environment Elliot Wave Counts say that a Larger Degree 5 Wave Impulse in Wave 1 has...
As per Gann Cycle & Wave analysis - Banknifty Future will be hit 43750 on 08th Dec'22 if BN future cross 43490.00, BN share value will be hit 43750. sl 43320. i welcome open challenges any one.
The NSE:MFSL is showing the previous High High (point #3 in chart) or Higher Low (point #4 in the chart) as the range bounded movement. Potentially the move can happen in any direction. But quite likely it will be in upside only as the volume buildup is positive and increasing. Trade : Both sides ( green color price tags for Long, red color price tags for...
Idea marked and mentioned on chart. Trade may invalid, in case of High range gap up opening.
As I said earlier post that could go up max 18300(200% of 1st wave) and could be retraced. Likewise, Nifty had gone up and retraced after breaking the lower channel and 20 SMA. And, Nifty looked like has contained 23.6% of 3rd wave. For details, please visit my previous chart analysis. Now, after correcting 23.6% of the minor 3rd wave, Nifty is moving up....
Vedanta for a fall. In the first long term wave, we are in the second correction of the wave two and if you see the wave, it is in a third wave fall of the 3 sub waves which could be as deep as .618 fib levels as per me. Also, it is now at a triangle resistance at the top of the trend line if you see the dark white line and the volumes have weakened...
Nifty seems to form a 5-3-5 irregular wedge. Sorry for the cluttered chart, but the white waves are corrective and the yellow ones impulsive. We seem to be in wave 4 of the last corrective wave with 18000-18200 levels on cards before we fall further downside. SGX too, interestingly seems to be on a similar trajectory. Another interesting aspect is that the year...
Bearish Outlook, simple charts *for educational purpose only, trade at your own risks !!
Looking at the calculations and wave counts,,, we are going to see up-move wave F of a correction ... in wave theory we are going to move in wave 1 of new Up cycle or you can say (Bigger Wave "C" or wave "3") lets see if it unfolds like this or not ? is the big time correction over today or tmrw slightly below 15600 ? * for educational purpose only | trade at...
Looks like IT index 4th wave may have just ended. Now big 5th wave can come.. Keep stop loss 30400 Target can be 24000 to 22500.. Risk reward is super. cmp 29900
NSE:NIFTY WAITING FOR SOME PERFECT MOVEMENT IN NIFTY can see a last led up before a good whole fall again waiting for some sort of confirmation can even break the parallel channel as well