Tata Motors Tata Motors go upside today bcz last 4 month come up on support area. If it go upward side moment u will grab a good points today. But make sure it's go upward direction.
About Nikkei Stock Average, Nikkei 225
NIKKEI 225 INDEXAfter the free fall, the 2nd biggest in their history , its time to breathe.
Japan is known for their ability to recover. This time lets see their index recover faster than ever.
I believe the Index has bottomed out.
Weekly Timeframe:
Monthly Timeframe:
Quarterly timeframe: Isn't this a be
JP225 SHOWING A GOOD BREAKOUT MOVE WITH 1:15 RISK REWARD JP225 SHOWING A GOOD BREAKOUT MOVE WITH 1:15 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the
Japanese stocks have bottomed The Nikkei displays a perfect abc correction. This implies that the selling based on the yen is already over and done. Please The fall also brought the Nikkei index to the month average which is a strong long term support. The implications are that Japan should now resume it's long term bull market
Japan is forming a rounding bottomAfter a really long time, Japanese banks have cut rates
The economy is slightly back on track
I overall feel that it's going to do well if this rounding pattern is broken
Catching a falling knifeLet’s see if it bounces back
Support at red line
Good point to initiate a long trade
Just Paper Trade
Gg
Nikkei 225 projectionAs per the analysis, Nikkei 225 is projected to reach a 40000 upside target this month.
Bullish view invalidates below 37740, pushing prices down until 36300 and 34100 in due course.
Breakout in the Japanese IndexNikkei 225 CMP 41832
the Index has given a breakout after Jan 90. this breakout is after 34 years. This is a very very significant breakout. Mind u the breakout has just happened.
ELLIOT WAVE, WALK THROUGHSmall initiative for those looking how to use the tools in Trading View for drawing the Elliot Wave principles.
A GOOD FALL SHOWING ON JP225ITS A SURESHOOT
IRS MY PERSONAL STRATEGY
Its showing a good falling
Having a good potential
There is nothing to doubt
It have a great surety of FALL
Due to these reason
1.It have clear-cut neckline without any confusing chat
2. It have clear entry and Tp point
3. Sellers seems heavy due to volu
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