SirajHudda

SirajHudda

Adani Ent is nearing completing its B Wave which could be around 78.6 Fib level around 2300 or so levels. That means one more push up towards 2300 to 2325 where I would enter my short position with stop above 2425 and look for targets of around 1800 to 1750. This is a nice risk-reward trade if it works out well.

SirajHudda

Bitcoin after the rally from making the lows is under correction and I expect it to go slightly higher from current levels and give another drop below 20k levels which would complete the correction and then a rally higher from there which could take it for the targets of 23k to 25k. One more sharp correction is required to complete the pattern but it can also come...

SirajHudda

BankNifty will give a correction from here some what more but breaking the recent bottom does not seem likely and would trend upwords after the correction to complete the pattern.. Please follow the arrows for directions of the move..

SirajHudda

Bitcoin gave the breakout from the ending diagonal pattern as stated in the last post. Outlook should be bullish now from here on and the targets to look out for now are first touch 200 Day SMA and then towards 50k. #Altcoin might give bigger gains from here. #bitcoin #altcoins #btc #crypto

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SirajHudda

Bitcoin Daily Analysis using Wave Patterns on 01 May 2022. Looking for Bullish Positions from now. #btc #bitcoin #cyrpto

SirajHudda

Bitcoin is at the bottom of the daily channel. It can give a bounce from current levels and go towards the upper trend line for a target of 50k. Breaking down from the channel could be more bearish signal for BTC. #btc #crypto #bitcoin

SirajHudda

BTC is at the bottom of the daily channel and looks like bottoming out with an ending structure completing its wave structure for now and the next move can be towards the upside. If it were to go all the way up then the daily channel target towards the upside would be over 50k.

SirajHudda

BTC is in a long-term correction which at its current price of around 35000 is almost near its completion.. As the Wave B correction(Up Side) made a new high and gone past the previous high from where the Wave A correction started, BTC can do one of two things to complete C Wave Correction.. (A) It can complete above the previous lows of around 29500 where Wave A...

SirajHudda

Banknifty after the fast up move as expected as per the last update, it gave a running/expanded flat correction which now is complete and the up move has resumed and the next targets are 24000 and 25000. One can trade long for targets of 24000 and 25000 with stoploss just below the recent lows of 21000. Happy Trading!

SirajHudda Updated 

BankNifty Outlook looks bullish to me from here.. As per my Wave Analysis.. BankNifty has Complete Wave A and Wave B of Longer Correction.. Where Wave A was an Impulse Wave.. Wave B was a Running Flat Correction and Now Wave C is in progress which should be Impulsive as per my analysis.. which means we can get Targets of 22000 or higher for BankNifty very quickly...

SirajHudda

BankNifty after a smart rally is not under a correction of that rally and would correct 50 to 61.8% fib levels which would complete Wave A and Wave B and a rally further towards 24000 is possible for Wave C to complete the zigzag correction after which we shall see another big fall which will be at least equal to the first fall if not more... Happy Trading!

SirajHudda

XAUUSD has made a long term correction which now seems to be complete on the upside and a decline is inevitable which would break the previous lows and go towards 900 for the target. This would take several months or a year to play out.. Happy Trading!

SirajHudda

Check out the chart for details..

SirajHudda

Hexaware is set to decline again to complete the Zigzag correction on the longer timeframe. Wave A and Wave B have already unfolded and targets for Wave C should be equal to Wave A which comes just below 200. 61.8% Fib comes around 220 levels. One can take short positions with stoploss above 380 for the targets of 220 and 190. Its a long term trade so it will take...

SirajHudda

Cipla has potentially completed its ABC correction on long term charts and is not set to go higher from here... The correction completed with the channel and Wave A = Wave C and almost at 61.8% Fib levels giving every indication of a reversal from those zones. One can go long in this stock now with the stoploss just below recent lows around 385 for Targets of...

SirajHudda

BataIndia bullish buy setup. After giving a rally BataIndia was consolidating with a flag formation. One can buy BataIndia now with a stoploss around 1635 for a Target of 1850 and 1900.

SirajHudda

IndiaCements Stock looks good after a 50% retracement from the recent rally. The stock could start going higher from current levels or retrace a little more till 61.8% fib levels and then going higher towards the target of 95 and 100. Keep a stoploss just below 75 levels. #indiacements #nifty50 #nseindia #bseindia

SirajHudda

Hello, BankNifty is giving a nice buy opportunity at current levels. One should buy banknifty now with a small stoploss and targets of 31900 to 32000 within few trading sessions. Happy Trading!