Strong support 181.55 below, this price stock can slop up-to 174.30 If the price cross 186.35 to be in safe side stock can move up-to 192.70. The stock moment is very slow. In support line candle made a tail which shows price rejection. A double curve has created and having a strong support level.
Important for reversal 176.5 & 171.5, the outcome was clear that we would get a smart move higher. Point to be noted: Volume must be higher than average at the both key levels to take long position. if sentiment remains strong, we could even see 182/189.5. Dont forget to Follow me and Like my work.
I opined to be extended wave 3 and price retraces 38.2% from topping out wave 3. if it wouldn't be matter if price turn out upto 8.10 at 50% because, intention to long for wa ve 5th at 13.95.
Support 1483/1412, for targets 1693/1758 ------------------------------------------------- Support exists at 1527 while connecting 1-W & 2-W trendline .
Sell 459/465 and final 485 for targets (A)corrective wave at 427 and 405-495
In the last update TRADE-SETUP was: Buy 8865 and succesfully price traveled to target at 9834 Profit as per moved 1146 points. 9584 Above, the target is valid 9990. Short selling Zone broad 9990-10272 The parallel channel connected 2W and 4W with projected to 8731: Resistance detected 10135 nearby
Published Idea when NIFTY was trading at 9156 and given target (8944 and 8835) Archived . Another plan was to buy-in two step NIFTY for bottom , I hope you are enjoying qaulities of researched by me. Nifty is 350+ from our levels,...
50% retraced 4th wave - 8957 61.8% retrace 4th wave - 8741 Wave 1 and 2, both connected parallel chance for finding 4rth wave. Intraday support 9100 nearby. Short Sellers: first target 8965-8935 after breaking down the channel. Next long position Trade Setup have two option :- Buy 8957nearby with minor stop-loss and, Last buy...
Kinnari + Elliott's wave theory 5 + 3 = Waves The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wav e. Elliott’s cycle of the 5th Wave is under-construction . 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel. -> Bottom Out: You have figured out that Wave 4 would...
I asked to short sell this stock, Result is in your hand: Look at the below chart and Titan-Kundli . Thanks to all for supports. Regards, Kinnari(Your Best Friend.)
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Breakout or fall back again?
The price is trading at near the control price.
This pullback can push price 9066 up to easily. At a,b and c of 50% retrecement zone from where price started to move downward. Value area with 3 control lines has plotted on parallel channel. The control C1 and C2 is stronger than C3. Value area is predicted by price and control price. There is more chance to continue to fall. Nifty is...
The mainly four Fib. Retracement are applied in different years. confluence zone at 9647. 38.2 retracement level is at 9395 previous resistance and 61.8% retracement level at 9067. [/lis t] Question is how to understand and use these levels? Answer; There is always pullback whether there is a stock or market. If there is normal good new, then pullback...
We created a parallel channel by looking at market pivots that have lines (a), (b),....(e). If look at this chart and drawing minutely, then you will found that where are maximum points(dots). That is called gravitation to attract the price value. In the future, while the pullback price tries to test this line in the coming days. Fibonacci ratio, Many traders...