In the last research of SBIN, I have given a buy signal at 170 for targets 189.5. I hope you have remembered it..., aren't you? Let me show here recent updated: Part 1: SBIN, EWT support 171.5/176.5 key levels. Now, Below 194.5, this stock can keep falling 186.4 and up to 181.2/179. Definitely, We will think for long if the price move above...
The Bearish Bat Pattern: A B point that is less than a 0.618 retracement , preferably a 0.50 or 0.382 of the XA leg . In addition, these structures are excellent trading opportunities when they form at distinct levels of resistance. Resistance 109-112 For targets 97 & support.
Trend-base fib retracement major and minor EWT R 10844 for wave 5th. => 4W should not overlapped 1W: intentionally ignored from past research. More detail: ----------------------------------------------------------------- timeCycle, fall expected date 8th/9th July 2020. As per PRICE ACTION, gap up can be seen and then a reversal. History is going to repeat...
At every peak the stock has made a new high. May be this will take months to form peak 5. After fall the stock move up rapidly to its peak and near the peak there is price rotation. The formation of new peak is becoming narrow. Making a higher high and higher low. An uptrend is created by higher swing highs and higher swing lows. Pullbacks create the higher...
The price movement is currently in the bullish form. At present there is a price rotation in the stock. The stock movement is very slow. The stock still can move down till 86.29 Overall the stock is in the bullish form.
The stock has many tail that is it shows price rejection. Already formed a triangle pattern break was up-direction. Then followed up with impulsive wave and corrective wave. Currently the stock is near the small support line. Below the support line 535 can be consider as bearish. Buy 538-540 level target 554 to 568. stop-loss 10 point or based on your risk.
It has formed a parallel channel and trading near the support line. The stock will continue to slope down till 134.
On my last advise of "INFY" impeccably followed the channel support, and progress up. On INFY there is a perfect channel is formed. The stock is revolving between the channel. Price is currently near the control line. It is expected to move from the current level to 752 price point, that is till B point. Below 723 price can be bearish.
Buy 1.1313 - 1.1285 Target 1, 1.1491 Target 2, 1.1512 Support 1.1241
The separation between the two trend-lines needs to be wide enough if you want to trade inside the Price Channel Pattern. If this is the case, you can buy at the channel support level and sell at the channel resistance level. This is a more powerful and fair way to gauge what the price is doing. This is because you’re looking to determine upwards and downwards...
The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wave. 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 normally retrace 0.618% of Wave 3. Wave Personality : I won't...
The stock is following Long move downwards. Head and shoulder pattern is formed between 8 Feb 2019 to 14 jun 2019, 82 bars. After the pattern formed there was 61 point reversal that is from 167 price slop down to 106. TATAMOTORS followed with rounded top and there was a continues fall that is stock has reversed from 202 to 63 equal to 139 point reversal. Now...
Buy 2826- 2810 Target 2916 -2926 Stop Loss 2800 Below 2777 bearish
Channels are used broadly by technical traders to identify and follow the trends of securities over time. channel is one such charting pattern that technical analysts will use to evaluate the trend of a security. In general, channels can be used to pinpoint optimal support and resistance levels to buy or sell securities. Head and Shoulder: In technical analysis,...
R 1800 nearby
Break-out at 580.30 Bhartiartl is forming a curve pattern If break 585.80 Can move up-to 593.55 Below 580.30 move up-to 567
Get ready soon for short NIFTY, because of A, B, and C correction. The only question for traders, where is B? Update (3): Update (2): Update (1):
Target achieved and nifty as per our expected. Updated(2) Updated(1)