RUDRA007

RUDRA007

HDFC BANK CMP 813 :- MAJOR ELLIOT WAVE 1 HAVE RETRACED AROUND 61.8% WHICH MARKS TO BE COMPLETION OF CORRECTIVE WAVE 2 OF IMPULSE PHASE,, 785 TO 815 IS LEVEL OF REVERSAL FROM WHERE IMPULSE WAVE 3 SHOULD START,,, AS PER HARMONIC ABCD PATTERN LEG C HAVE RETRACED AROUND 0.707% OF LEG AB WHICH IS STRONG RETRACEMENT FROM WHERE COUNTER MIGHT SEE GOOD REVERSAL , VIEW GETS...

RUDRA007

HDFC BANK CMP 813 :- MAJOR ELLIOT WAVE 1 HAVE RETRACED AROUND 61.8% WHICH MARKS TO BE COMPLETION OF CORRECTIVE WAVE 2 OF IMPULSE PHASE,, 785 TO 815 IS LEVEL OF REVERSAL FROM WHERE IMPULSE WAVE 3 SHOULD START,,, AS PER HARMONIC ABCD PATTERN LEG C HAVE RETRACED AROUND 0.707% OF LEG AB WHICH IS STRONG RETRACEMENT FROM WHERE COUNTER MIGHT SEE GOOD REVERSAL , VIEW GETS...

RUDRA007

HDFC BANK CMP 813 :- MAJOR ELLIOT WAVE 1 HAVE RETRACED AROUND 61.8% WHICH MARKS TO BE COMPLETION OF CORRECTIVE WAVE 2 OF IMPULSE PHASE,, 785 TO 815 IS LEVEL OF REVERSAL FROM WHERE IMPULSE WAVE 3 SHOULD START,,, AS PER HARMONIC ABCD PATTERN LEG C HAVE RETRACED AROUND 0.707% OF LEG AB WHICH IS STRONG RETRACEMENT FROM WHERE COUNTER MIGHT SEE GOOD REVERSAL , VIEW GETS...

RUDRA007

NIFTY CNX IT :- INDEX IS TRADING AT RISING TREND LINE SUPPORT ZONE,,AS PER ELLIOT WAVE ,, CORRECTIVE WAVE 4 OF IMPULSE PHASE MIGHT END AROUND 11000 LEVELS ,, VIEW GETS NEGATED BELOW 10400 LEVELS ON CLOSING BASIS,, IF THIS LEVELS ARE SUSTAINED ,, CAN SEE SHARP BOUNCE TILL LEVELS OF 13000-14000,,,,

RUDRA007

NIFTY PVT BANK IS TRADING AROUND SUPPORT OF RISING TREND LINE. AS PER ELLIOT WAVE COUNT , CORRECTIVE WAVE 4 OF IMPULSE PHASE CAN END AROUND THIS LEVELS,, CAN SEE SUPPORT AROUND 8800 T0 8850 LEVELS,, VIEW GETS NEGATED BELOW 8500 ON CLOSING BASIS CAN SEE SHARP BOUNCE FROM THIS LEVELS TO LEVELS OF 11000-13000

RUDRA007

BULLISH HARMONIC ABCD PATTERN COMPLETION AROUND 7925 LEVELS ELLIOT WAVE , CORRECTIVE WAVE 2 COMPLETION AROUND 7940 LEVELS BEARISH HARMONIC ABCD PATTERN (PRE ASSUMPTION),, C LEG RETRACEMENT MATCH AROUND 7915 LEVELS PATTERN COMPLETION MIGHT LEAD TO LEVELS OF 9000-9200,, VIEW GETS NEGATED BELOW 7850 ON CLOSING BASIS,,, ELSE WE CAN MOVE TO LEVELS OF 8600-8700-9000....

RUDRA007

BULLISH SHARK FORMATION ON MONTHLY TIME FRAME PRZ AROUND 19000 LEVELS VIEW GETS NEGATED BELOW 17700 CAN BOUNCE TO 24800-26600 LEVELS,,,

RUDRA007

IMPULSE PHASE OF ELLIOT WAVE READY TO COMPLETE 1125 HAVE PAST MULTIPLE SUPPORTS 1125-1135 WOULD ACT AS STRONG SUPPORT AREA VIEW GETS NEGATED BELOW 1099 SHARP BOUNCE CAN BE SEEN

RUDRA007

BULLISH ABCD FORMATION PRZ ZONE IN RANGE 1265 TO 1275 VIEW GETS NEGATED BELOW 1258 SHARP BOUNCE POSSIBLE FROM THIS LEVELS,,,

RUDRA007

28600-28700 PRZ FOR BULLISH ABCD HARMONIC PATTERN,, VIEW GETS NEGATED BELOW 28500,, TARGET 29400-29600

RUDRA007

NIFTY HAVE STRONG SUPPORT AROUND 10996-10926,, CAN BE GOOD LONG AROUND THIS LEVELS STOPLOSS OF 11870,, UPSIDE 11200-11200-11400 POSSIBLE

RUDRA007

BEARISH CYPHER PATTERN IS ON VERGE OF COMPLETION AND COUNTER THIS WEEK IS SHOWING REVERSAL AFTER MAKING 7 WEEKLY HIGHS,,CAN RETRACE FOR NEXT 2-3 WEEKS,, LEVELS OF 832.807 POSSIBLE

RUDRA007

BANK NIFTY SPOT IS MOVING IN CYCLIC MANNER,, 15 TO 17 DOWN BARS AND AFTER THAT 4 UP BARS,,, EVERY TIME DOWN CYCLE CONSIST OF 1700 POINTS DOWN FALL,, LETS SEE WHATS IN STORE IN COMING DAYS,, IF THIS HAVE TO PAN OUT TILL 20 FEB WE WILL BE TRADING AROUND 29100 LEVELS,,,