First Look at yellow highlight candle with long shadow at ATTENTION part(i) and same formed on ATTENTION part(ii) . Now, pay attention to the whole part (i) which has a downtrend , same part (ii) is in a downtrend . I have marked with a light pink circle which almost common in both parts . After the long shadow candle , started U-Turn in part(i)....
try with SBIN buy 332-334 for intraday bounce 343, if abve it.. then 348-352
Long term tight channe l since 2016. 3 excesses at the value and one excess at value low. 5 waves are completed. A previous Resistance and Wave(3) at 28227 (can be upcoming support). 50 days moving average is at 28080 nearby (too far for work as support). Measurement of all falls mentioned in the chart, as per this measurement expected current...
The 200 MA at 11130. A "Consequence zone " of all 3 fib. retracement at 11502 nearby. From the Fib. Retracement(i) and (ii), we detected 3rd Fib. Retracemet at 11200. (This is expected bottom OR revesal level). Point 1) Look at Fib. Retracement (ii) at start point which is exact at 61.8% of Fib. Retracement. Point 2) Now, loot at the Fib....
I will update BANKNITFY shortly. As per technically, till there is not much positiveness on nifty nor in banknifty. NOTE: For Live ALERT , Kindly hit LIKE button. NIFTY is following as per my chart. please check below post also.
Wait for Tail to trade. There're two channels , one is yellow which closed and another channel till final wave remain. A (5) wave projection is plotted on the chart with considering control price and no trade activitie s area. I have also used the timeCycle but did not add it here cause of complexity . Support as Value High at 1254 nearby. ...
Look at the chart, We are seeing TAIL at the bottom. A lot of weakness that come if ignored TAIL . I'M ALSO LOOKING FOR BOTTOM . Positiveness is base o TimeCycle for the daily chart.
We have seen breakdown after (5) wav e and fired move in downside which still unstoppable . This channel is not much reliable target/support 11337 and Final support from measurement at 11212 nearby. I have drawn the "FLAG PATTERN" in a chart which has still left more fall. It's a negative point. Advanced predicted channel has support 11300 nearby.
First of all, you must have FIVE minutes to understand. Try to observe both patterns as mentioned following: Flag Pattern (i) which is in the channel. Flag Pattern (ii) with breakdown channel support. There're total (5) channels in the chart but the 5th channel is different from all others. look at all Four-Channel having up-trend but 5th has a flat...
I plotted everything in chart,...
If you try to look carefully, you will know that. 1. Flag patterns 2. Overlapping and Result of it Thought we are going to focus today only a few points, the Red Flag pattern is predicted and there is not overlapping still. From both these, concluded that we are going to see a big fall soon. I am till not confirm.
Everything is in the chart.
Short JUBLFOODS if tail found... advance research. after the break @ level, I ll update accurate target. but ready for short.
Pattern CLOSED ? As per my Theory, 5th wave always give you fired move as seen past. You can also check perfection on BANKNIFTY too. Tomorrow morning, I will update you what is going next? If this is an excess of channel, then target is 11650 nearby and Resistance 11666. --> Let me remind you. On the date, Jul 12 2019 C hannel first d rawed by me. Exactly...
Always little be penetration can be seen in intraday research. The control price of major channe l and value high of minor chann el can be Intraday U-Turn point at 11608 nearby and minor yellow channel has value low at (D) 11523 but value but intraday support can be 11563 in some case only because already support has taken b y Manjor channe l at (4) and...
I visualized your clearly yesterday (5)wave as a target from Major Channe l if you don't forget it. Overlapping, and (5th) leg both are a sign of the big move. We can analyze the correct direct due to the live market from a higher timeFrame. I will update here direction and chart. From TimeCycle, we are really very near to close pattern and Wave.
Resistance(30840 nearby) avlaible from two factors, 1 " Control Price " of main channel. 2 (3) wave count of channel. In moreover I plotted 5 small channel the l into main channel. The 5th channel is absolutely differet from all other channels which is shown with yellow color . There is still more in small 4 channels of trend is up while 5th Channel...
Everything in chart mentioned.