If it's in W-5(5) then, we could expect a bullish day for tomorrow.. Condition: buy only above 17260, if it sustains above this otherwise ignore.
Its tough to decide if bulls are getting in or bulls are offloading. Its better to ride with them. here, correction (ABC) for wave X of WXY has been completed. Considering the bulls are offloading (expecting more complex correction to continue in coming days) Wave W, X has been completed & its getting ready for wave Y. Looks good to be in the ride once 17115 has...
Within wave (Y) we have completed- 0,1,2,3,4, and now we are in wave 5 Don't add up longs until the pattern gets completed!
condition 1: if its in the correction wave 4 (pattern ABC completed) then its most likely to go up, having invalidation level marked in chart! condition 2: and if it has completed its impulsive cycle, then its most likely to go down till 38% of wave 0 to 3 Choice is all yours. All the best!
In the same pattern as of nifty! Wave (A) & (B) completed. heading towards wave (C) (could exceed 100% retracement)
Its in correction pattern. wave (W) & (X) has been completed. Now heading towards wave (Y). Level to monitor closely (17612)
Here, as per pattern it looks like we are heading towards another minor correction. Longs are only triggered after the break of 1428 & 1477 levels. Till then it is good to find shorting opportunity..
As per the chart pattern, it looks like EURUSD is heading towards a correction.. Just waiting for the trend/channel to break.
Hello traders, As per the chart pattern, it looks like bank nifty is heading towards the complex correction..
Now, as per the present condition correction for wave 4 (38.2%) has been completed or could undergo any complex correction & then again be ready for another impulse!!
We have tried our hands on 4 H TF and as per the current situation market looks bearish till 17000 levels under normal conditions and nifty could correct up to 38.2%
As per my understanding, NITFY 50, is currently in simple/complex correction. Corrections are mostly not tradable & we must avoid trading them, at any cost (Exceptions). So what next, After correction>>? Be a man with a plan!!
Hello folks, W-1,2,3,4 completed W-5 underway all the best!
looks like 1st correction ended & now its good to move further.?
Looks like a regular flat correction. Lets see!
all details are mentioned in chart itself, hope it helps!
looks like pattern is in process of forming cup & handle pattern. But triggers, if broken above last structure support on daily time-frame.
hello folks! *stock broken out from symmetrical triangle pattern *looks good till 655 All the best!