The trend phenomena can be bullish until 20th June 2022 based on the accumulation phase (iii) can continue. The outcome of the up-move prediction is only on TimeCycle analysis. I prefer to make trade setup by Multiple Analyses while the outcome is in the same direction or one favor of direction analysis. Therefore, I work on the Elliott wave for identifying...
This is a clear Sharp Zigzag pattern. The price already reached 0.618 for wave ((Y)). The trader can get a High probability chance for short selling tomorrow with a very small protective stop. Supports S1- 17810 S2- 17650 The Short Seller can use these supports level as the target. I am expecting a Nifty future between these both supports. Definitely,...
Why do people take losses in trading? The reasons or mistakes behind a trader make losses. I suggest you these reasons should not be repeated. If you might have also come to cross from this reason and got losses, you can type in comment number of specific reason what you have faced. In case, you also have another reason except in this post, please or kindly...
As many of you know, I spend much of my spare time analyzing markets. Yes, analysis is my day job, but it is also my passion. So, whenever the weekend comes around, I spend most of my time in front of the computer to study price charts. Month Line-Chart Using Line-Chart for identifying long-term trends. The primary trend is up. A price middle of the parallel...
The most common Triangle pattern, Asian paint will encounter when you're studying price charts on the higher time-frame for short selling is the contracting triangle, which is right in front of you. It's a 5 wave move, subdivided or identified as waves ((A))((B))((C))((D)) and ((E)). Any wave of the pattern is subdivided into 3 smaller waves, and also too many...
The Nifty 50 unfold the "Contracting Triangle" which is one of three occur 80% in the price chart. One thing is important to remember is that, the wave "((e))" also sub-divide into smaller triangle. Most common relationship for Fibonacci, the .618 but in this instance we have found the two fib. relationship .618 and .786. Fib. relationship: wave ((b))...
Getting started with today's real-time research, I'm going to talk little bit about triangle types and its position. If you are calling from my recent posts, I has written various type of Triangles: 1. Contracting triangle, Expanding triangle, and Barrier triangle . I'm going to be showing you a technique called a triangle thrust measurement technique and gonna...
In this " Research Report " we're going to be looking at the "Flat correction". As you know, with respect to the Wave Principle, there are three types of Corrections. 1. Zigzag 2. Flat and, 3, Triangle We're going to examine the Flat now. The first thing that's important about this pattern here is being able to identify its characteristics. First is, its...
Within triangle family, there's actually three types of triangles : 1) Barrier Triangle , 2) Expanding Triangle 3) Contracting Triangles. The most common that you will encounter know roughly, 80% of the time is going to be the contracting variety, and that's what we have here in front of you.This is a contracting triangle because you can see here you see the trend...
Today, I'm talking about real-time "Barrier Triangles" which developing on BPCL and very specific aspect of this triangle that I've encountered numerous times and that's the frustrating aspect or characteristic of a triangle stuff to sometimes. In this instance, we are looking at a triangle where we actually have a triangle within triangle. let me explain you my...
What's the difference between a running triangle and, contracting triangle? Trick is very simple. The wave "B" is beyond the origin of wave "A" we have diagram in a chart. Respect to the triangle a few things to remember. 1) they can only form by themselves in wave "4" , wave "B" , wave "X" and rarely wave "2" . That being the case, triangles...
Ref. of researched posted on Jan 11th 2022
Crucially, equality ratio can react as stiff resistance in Ending Diagonal triangle. for wave ((5)) = ((3)) at 517.9 and for, wave ((5)) = ((1)) at 514.95 Key Reversal zone - 511 Flat, a "sideways" correction is completing for wave "X". Unfold in three waves as ((A)), ((B)) and ((C)) blue generates a 3-3-3 internal signature in real-time analysis...
Few market moves will destroy 99% of the Traders who are involved in them that why I arranged to give you a whole week or month of NSE's Perspective. The spot nifty hourly chart:"at an exciting juncture". it is difficult to say at this juncture for other analyst whether this upturn can be sustained. But, I'm going to share few important levels where you can take...
Directly jumped on 4Hours time-frame. I've mentioned almost all important levels,roughly Head and Shoulder pattern, parallel channel etc. Let me turn on your attention to the 1580 that very important support of parallel line of lower-band. You can see clearly 1580 nearby entry is not bad idea. Finally, You have to work on Elliott Wave to determine exact turning...
A five-wave decline in the BANK NIFTY, from 41830(Oct.) to 34019(Dec.) is complete. The 34019 low is wave A (red) of a larger five-wave decline. The 2h range chart shows that wave B (red) took the form of a double zigzag pattern, carrying to meet the top (A=0.618 B) 38660. The previous 37385 resistance zone can again react as resistance. Currently, everything are...
Let's talk about each waves of Triple Zigzag: Wave W (5-3-5) impulsive: ((a)) = ((b)) at 17709 which is close actual low 17613. Its a sharp zigzag. Wave 1X corrective: Wave ((b)) 3-3-5, Running Correction which is little complex. Wave Y (5-3-5) sharp: ((a)) = 0.786 ((b)) at 16824 which, is very near actual low as 16782 Our first question is, What is the...
NOTE: SHORT SELLER MIGHT HAVE MUCH RISK BECAUSE OF GAP UP WAS OPENED ON 16 DEC. 2021 INFY 4hrs continuation chart with 5 waves up and side wave trend. Possible also upside move instead of WYZ flat pattern but if we just look at WYZ flat pattern scenario 1725 and 1692. Look for equality, I come to exactly 1660 where wave Y equals W. One of the waves within...