Asian paints Looks like bottoming out. ADX about to get a positive divergence and already fell from 50 level RSI above 50 BUY on dips with a SL of 2770, for the target of 3040 and 3230 CHART & ANALYSIS ADARSH DEY
Reliance spot at 2600 Weekly time frame Horizontal resistance as per previous life high levels, from where counter have changed trend in past, Bearish wolf wave or wedge can also be considered as per formation. Need to keep close watch on price action on daily time frame, if counter is not able to breakout and sustain above life high levels, can retrace around...
Hopefully this is correct Wolf wave on Amzn though BO came at 120 still 155 is imp level to cross
Two Bearish Wolfe Wave in Ultratech Cement. Time period - Weekly Pattern invalid Above 7708 on closing basis Let's wait ........
Bullish WW Pattern in CDSL Time Period - Daily Invalid below 880 Buy Right , Sit TIGHT Patience...…..
Bullish Wolfe Wave Pattern in weekly chart Time Frame - Weekly Double bottom near 26.50 levels Invalid below 26 Buy Right, Sit Tight
- Horizontal Trend line support at 5200 levels. - Clear Bullish Wolfe wave setup - Pharma and Health care sector is picking up momentum, indicating sectoral rotation
Market Cap : 881 Cr Atul Auto manufactures and sales Auto Rickshaws in domestic and overseas market. Atul's diesel engines are supplied by Greaves cotton whereas they makes their own engine for petrol and alternative fuel vehicles. Capacity expansion The company completed green field expansion taking the total capacity to 120,000 units on September 2021 at a...
I remember seeing a same formation before Covid Crash, though it might not be as intense as that. But a significant correction cannot be Ruled out.
A reversal pattern is formed at ATH with a trendline confluence. Good RR.
Bank nifty spot cmp 45344 weekly time frame wolf wave + pre assumed harmonic formation Bearish wolf wave formation Index have just touched the resistance line of ascending wedge formation. may be can still give bit higher move of 300-400 points. may be can reverse from current levels it self, bearish divergence on rsi and macd with respect to price. Pre...
Wolfe wave structure expected. Wait till price drops to 3160-3170 levels to buy for the target of 3280.
After forming a Bullish Wolfe Wave, Nifty has been rallying fantastically. It has successfully given a break out of the 2-4 TL. And with ups and down I expect the rally to continue till 10 May to 15th May 2023. I am not sure about the price levels but the utmost high that is achievable by NIFTY seems to be 18605 (18605 has been derived by both Price action and...
In the recent downtrend starting from 2nd December 2022, Nifty has corrected by more than 2000 points or nearly 11%. Of course trying to be intelligent the reason could be blamed upon FII Selling. But if we look at the charts of Dow Jones and S&P 500, a better and clear picture to the entire correction can be understood., The fall starting 2nd Dec 2022 was clearly...
a bullish wolfe wave is observed in COALINDIA with ambitious targets of 375
Biocon Ltd looks fundamentally very disappointing but there are few patterns on charts that makes it technically interesting at this point of time. Betting for an upside with a calculated risk doesn't seem as a bad option for now. BIOCON ON CHARTS: - Biocon has formed a Bullish Wolfe Wave. - After 10 Weeks the Weekly closing has been above prior candle's...
Banknifty at resistance zone. Triple top. Expecting bearish Wolfe Wave. Pattern invalid close above 42750.
Graphite India in Bullish Wolfe Wave. As this analysis has been done in weekly time frame so having patience is advised for the target and return.The Rate Of Change has been customised for a better fit. The ROC indicates the initiation of a uptrend. However, the major up move is expected for 587 when the stock closes above 418 on Weekly basis. So it is advisable...