Sharp upmove to complete (c) of larger B wave. Targets are around 42-44
Nifty moving in clear Elliot wave channel from march lows and might take support from here upto 20700. Note-wave3 has the characteristic of breaching channel with momentum.
Nifty short term to medium term view: Nifty is still in larger 3rd wave and is in C of iii of larger 3. The black trendline is being respected from 17500 in this uptrend and may be broken on completion of C to create panic. In shorter time frame too C may be doing 5th till 19200, then may head higher till 20500/20700 to complete larger 3. 20700 is required for 3...
Nifty has shown tremendous rally from 16800 to 18886. IMO this the 5th and the final wave, where 1st wave starting from COVID low around 7500. Of this 3 of 5 has been completed and 4th wave is in progress, which will be choppy and declining. End of 4th wave is generally scary. As per Fibonacci calculations 18100 may be reached, before starting journey towards 20k.
Silver long trade may be triggered @. Buying price above as shown in the chart
May be a great trade in goldpetal shorts with RR of 1:8
Short at CMP TARGET- 585 Short term trade. SL-swing high
I’m going long in dogecoin @ cmp 0.085 For the target of 0.1038
Cryptos are crashing like anything. I’ve used XABCD pattern along with ABCD pattern to find the the support of Bitcoin using Harmonics. I’m expecting 35-40% more shedding of Bitcoin and may find support at precisely10600-10300 USD. Target from there shall be atleast 41500. This analysis holds if it breaks 16400 on daily closing.
Cryptos are crashing like anything. I’ve used XABCD pattern in conformation with ABCD to find the support of Bitcoin by Harmonics. 35-40% crash is still left. Shall buy at the bottom. 10300-10600 USD may be very precise range for bottom, (8.3-8.6 lacs- INR)
Consider this chart, clearly a bearish pattern in GMM pfaudler. Targets as per the chart.
I see bearish pattern in Bajaj Finance in near future. Targets are marked in the chart. May refer for reference. For educational purpose only