6th Sep 2023
Fair Value Gap draw on 5min TF.
Here, FVG used to take entry at top and now riding this downfall identifying another FVGs down once market fall.
Every Time buyers try to catch the trend every time that FVG zone rejected their pressure and consciously fall.
Exit if achieve full Target or If candle close above FVG upper band.
Analysis on 9th February 2023
-Took Support on Black Trendline. (BUY)
-ITC breakout and currently All time high. (BUY)
-Stop Loss (346.90 rs) can be low of Big green candle because, High volume breakout which is also consider as a trustworthy Move. (BUY)
-Indicators Also showing HL while Price Action is Making HH, which is Bullish Continues...
Analysis on 17th April 2023 Morning.
- C wave is begun after consolidating of B wave Possible Target are shown in Chart, according to Wavelength Theory using Fibonacci Tool.
- 25k is psychological level also so first target will be 25k, Rest will be updated with new candles formed.
Have A Good Day!!
Analysis After 9th Dec 2022 Closing
> Dow Theory wise - It was Making HH &HL but After Last day of closing, it seems like there will be no another HH Furthermore in Weekly TF it has made Evening Star pattern also. (Bearish)
> Wave Count wise - 5th Impulse wave is also finished, so probably corrective wave ABC might be possible for next...
Analysis on 12th December 2022
>Wave Count - Possibly Beginning of Correction Wave C on bigger cycle.
>Strength - Between the both the tops shown in chart there is a Berish Continuous Divergence.
Analysis on 6th Jan 2023.
For Study Purpose-
- Make it Simple as possible.
- State of mind while trading far more important than actual amount you trade, so don't confuse by putting too much analysis every time.
- In Above chart you can see how clearly trend changing can be captured just with little bit of conviction on study.
Wish you a Happy...
Analysis After 20th Dec 2022 Closing
Wave Count -
Nifty is in (5)th of 5th of IV Wave , means one more bullish movement is expected.
Also, strong supports are just below close of 20th Dec 2022.
1. 38% Retracement of 3rd Wave in Small Cycle. (Orange)
2. Previous High support is just below 38% support.
Divergence - Bullish Divergence in 1 Hour time chart in...
Analysis On 14th December 2022
This is a Bird View so Possible Movement of Gold in a Daily TF for a Medium-term view.
>Wave Counts - Recently, Gold has just reached to Depth of Correction point in Minute Cycle of Wave Count , while in an Intermediate Cycle, it seems like Wave C is still on.
Furthermore, Last month's upward journey is still not break ...
Analysis after 9th dec 2022 closing
Wave Count - Last leg for C wave is remaining.
Berish Revered Divergence - which indicates buyers exhausted.
Weekly TF - Last week closing was formed bearish engulf candle for Weekly TF.
What if Analysis,
Next T. Day if Huge GAP UP wait for to break 420 Rs support for confirm Entry.
Analysis After 12th Dec 2022 Closing.
>After Last day closing my view on nifty is Neutral Basically Until, it close beyond 18500-18350 range in Daily TF .
> If it Close above 18500 then - T1 will be Previous High and T2 will be 78% retracement of All time High Point of Nifty.
>If it Close below 18350 then- I'm expecting that it will...
Analysis after 9th dec 2022 Closing
Double Bottom Pattern - DB with Bullish Divergence on MACD & RSI (BULLISH)
Weekly TF - There is inverted hammer candle on resistance (BEARISH)
But still there is no bearish Revered divergence means Buyers still have potential to breakout
Either on Higher Low for early entry or,
Analysis Closing After 8th Dec 2022,
CHART PATTERN (Bullish)
Wedge Pattern Formed and Successfully Breakout with High Volume Candle.
1st Target would be Top of the wedge Pattern
Wave Counts (Bullish)
2nd Target would be 78& of Correction Wave A
If break 78% hurdle,
5th Wave of Higher cycle is remaining.