The_Trader14

The_Trader14

Hi all, Nifty wave 5 is in trending channel and it will continue the same until and unless it is not breached. Stay bullish in the channel. Once 21800 was breached target of 22k was activated. Support 21800 for more upside. Until and unless the channel is safe and 21800 continue trending higher. Even after channel breached wait for 21800 to breach for change in...

The_Trader14

Wave A completed in 5 sub waves. Currently wave B is in formation and we will be moving as per fib levels. Note: For educational purpose only.

The_Trader14 Updated 

Nifty has been climbing higher & higher even though people are predicting a fall since long time. Market has few highs to be captured and till then I believe Nifty will continue its journey. Currently it is in the last leg of the uptrend and working on sub wave v of sub wave 5. Sub wave 3 was not extended wave and hence sub wave 5 is extending above .382...

The_Trader14

Banknifty is weaker when compared to Nifty. Currently wave A is completed and it took support around high of subwave 1 of Wave 5. Expect a pullback in form of Wave B and then we can see the Wave C. Stay safe and Trade safe. Note: The above information is just an idea and not a trade recommendation. Consult your financial advisor before taking any trade or...

The_Trader14

Nifty has grown from 18k to 18300 from our last post. But a lows on 19th May has made me recalculate the fifth wave. We have the updated the wave count and currently Nifty is looking weaker. Stay safe and Trade safe. Note: The above information is just an idea and not a trade recommendation. Consult your financial advisor before taking any trade or trade at...

The_Trader14 Updated 

Though Nifty gave a bearish candle today, still we see one more wave upside in Nifty. Until and unless the low of 18055 is safe we can expect Nifty to retest the level of 18500. The pattern is shown in the chart and waves are marked in it. Stay bullish above the level of 18055. If once the level is breached then it is confirmed that the Nifty is moving into...

The_Trader14

Gold is weaker below 2005. It will continue its fall if it continues to stay below it. 1960 is the major support. If breached then more downside targets are open like 1894 and 1840. Any shorts will have SL as 2005. Stay safe and Trade safe. Note: The above information is just an idea and not a trade recommendation. Consult your financial advisor before...

The_Trader14 Updated 

Hi all, Hope everyone are doing great. As we can see that Gold international is in correction phase. Since it is in a triangular correction phase pending wave Z is not yet done. Expecting Gold to complete the wave Z and resume the down trend. On Weekly chart too we see rejection from 2000 level. Enter as per your risk and reward calculations. SL for pattern...

The_Trader14

As predicted in my previous post Gold has given a good pullback in form of WXY. We can expect Gold to resume falling anytime now as it is in the end phase of correction. Long term = Downtrend. Short term = Sideways. Stay safe and trade safe. Note: The above is not a trade recommendation. Consult your financial advisor before taking any.

The_Trader14 Updated 

If 1972 is not breached expect a pullback in form of wave C(5 sub waves) When it was at 1972 I updated in my previous post thread "1972 is very imp level.....anybody entered for short term book here." If breaches then confirm wave 3 in making for long term. Targets as shared in my previous post. Long term = Down Short term = Up Stay safe and trade...

The_Trader14 Updated 

Nifty is at the critical juncture and most likely it is going to form triangle pattern. If the current wave breaches previous wave X high then triangle pattern formation is invalidated and we can expect new high after another good correction if it does not breach previous low. Most likely this wave X is going to test 17800 or 18k. Since it is correction phase...

The_Trader14

Tata motors has given a breakout of the trendline and if it sustains above 452 then we can look targets of 540. Fib levels on the chart. Most likely wave 3 in making. Stay safe and trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.

02:53

The_Trader14

Stay safe and trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.

00:00

The_Trader14

Stay safe and trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.

00:00

The_Trader14

Stay safe and trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.

06:20

The_Trader14

Stay safe and trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.

02:37

The_Trader14

Stay safe and trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.

06:49

The_Trader14

Stay safe and trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.