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.
JAP225 trade ideas
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 beautiful pattern.
Fingers Crossed.
Common Japan. Love from India.
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 market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
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 on the back of a long term recovery cycle and less importance to the Yen.
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 volume
Index Profit booking to bring this down. Major trend downProfit booking to bring this down. Major trend down.
Stop loss and hedge must
Nikkei 225 is strong. Going for all time high.TVC:NI225
Nikkei 225 index is in range. Price was rebounding and reversing on support & resistance. recently price gone outside of value area tested strong support value area (Sky color) near 30700.
After testing 30700 market was on fire to inside big value area (Range). It's sign of buying in market.
Nikkei 225 MAYBE will go more upside near 32850 or 33000 and then reverse.
NIKEIE 225 INDEXJPN225 forming CUP pattern in Daily chart
Formation of HANDLE is yet to remain
It is trading near to SEPT 2021( HIGH of last 2 year)
After forming HANDLE it will break SEPT 2021 HIGH
But befor formation of HANDLE it may come down.
It is contra call to SELL here for short term scalping.
Once formation of HANDLE complet and it will break SEPT 2021high
And than it will FLY on air.But befor that we can SELL ( with strickt SL)
Negetive diversion is also formed Formed
ONLY FOR EDUCATION PURPOSE
Nikkei - Waiting for breakout to new highsJapan is close to new highs. Good to have position after breakout for long term
Nikki 225 short #elliot_harishraothis index down 3 third wace and 4th bounces and again 5 th and again move up
trand a stock stand on moving avrages like 50 100 200 to differant differant time frames and cadle make a movemetnt down or up
GLOBAL_MARKETSGlobal Markets Weekly Charts
🔴 Last weekly candle is a wide upthrust bar bearish candle.
🔴 Profit booking in the riskier asset classes & rise in DXY.
Japan goes from sideshow to MainshowWe started to write about the ending pattern ni the Nikkei in late July, but if time was a science we could have said it will take another month to complete. The pattern did not change only the point where wave e ends did. We now have a breakout and a strong rally for Japanese stocks as the next impulsive rally begins. Japan longer term is a turnaround market in its own bull run.
CTS - #NikeiDisclaimer
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual.
The author of the analysis specifically disclaims any responsibility for any personal or other loss or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this analysis.
NIKKIENIKKEI
It is going to test back its historic peak form in 1990.
Historical monthly charts has shown negative divergence and has led to correction.
But once the higher top and higher bottom formation resumes or is being witnessed
then correction on the back of overbought or negative divergence on RSI can lead to higher bottom formation
in case of correction.
The lower tops has been crossed and the same is shown with black horizontal line.
As a result of the breakout that was seen in last December 20,
expect a rally towards its historical supply zone marked with two horizontal lines at higher levels in due course of time with volatility and sideways correction in lower degrees.
Eventually, Nikkei could be heading towards supply zone-36367-39170.
