BANK_NIFTY ANALYSIS ELLIOT WAVE STRUCTURE 🌟 Phase 1 - Motive Wave Elliot Wave Condition (Motive Phase) I) Wave 2 never moves below Wave 1 ⚡️ II) Wave 4 never enter Wave 1 ⚡️ III) Wave 3 never shorter then Wave 1 ⚡️ Wave 5 may be the extended wave or it may greater than or equal length as same as Wave 3 36550-37740 (Bank Nifty Higher Side Level)
Justdial Bearish Pennant: As per the price action pattern structure price might fall till 520+ level
MENON BEaring ANalysis Falling Wedge Pattern As per the pattern we could see up move in coming days above 86 level
Nifty 50 Chart Pattern: Cup and Handle On the hourly time frame, Nifty 50 has been trading in the Cup and Handle pattern. As per the chart pattern , If Nifty breaks the 15950 then we could see a good move in the coming days
FMGOETZE Swing Trade Breakout Point 300 Target 355/440 Stop Loss 260 Looks More Strong don't Miss
NIFTY 50 Swing Low and Swing High Price has retraced from 0.618 fib level (16230). Target as per structure 16790-16950+ Trend Weak Below 16230
Deltacorp Pattern: Horizontal Channel Trend Current Structure: Price bounced from the Support Zone shows some good signs in the current trend Price Action View: Most of the traders were stuck at higher levels 300-310 as per my price action observation, Big Sharks did their job perfectly which is nothing but Stop Loss Hunting, Price Plummeted from High 330...
ABBOTT INDIA Pattern : Swing High and Swing Low 60% Retracement Level 16775 Upside Potential 17900-18250
Nifty 50 has been trading in a Ascending Channel trend pattern more than a week. On last trading session price has reversed exactly from the trend line support level .It shows that more strength in current structure.Soon we can expect new high from Nifty 50 18120 Major Resistance Level
WHIRLPOOL Pattern : Descending Channel Time Frame : Weekly Breakout Point 1700 Upside Potential 1850-2000++ Support Level 1600 Keep Eye On This
HATHWAY : CMP 20.40 Pattern : Descending Channel Resistance : 22 Support : 16.80 Investment Short Term Buy Range 19.60-20.50 Target 27+ Stop Loss 18 Holding Period 2-3 Months Good Volume and Wide Candle
TATA MOTORS : CMP 458 Pattern : Flag Pattern ( CP) Breakout Level 465 Target 520+ Stop Loss 440
ABCAPITAL : CMP 119 Pattern : Cup and Handle Swing Trade Suggestion Buy Range 110-113 Target 129+ Stop Loss 105 Holding Period 1 Month
INDIA CEMENTS : CMP 218 Pattern : HH & HL ( Ascending) Resistance 219 ( Trend Breakout Level) Swing Trade Suggestion Buy at 219 Target 255-310+ Stop loss 200 Volume Accumulation Strong
STOVEKRAFT : CMP 621 Pattern : Horizontal Channel Swing Trade Suggestion Buy Range 615-625 Target 700++ Stop Loss 585 Fundamental Wise Company looks Good Price Near at Good Demand Zone Good Risk Reward Ratio
RECLTD : CMP 126.85 Pattern : Falling Wedge Support : 117 Resistance : 132 Swing Trade Suggestion Buy Range 124-127 Target 144-153++ Stop Loss 119 Holding Period : 1 Month Good Volume Accumulation
MAHLOG : CMP 446 Pattern : Ascending Channel Resistance 505 Support 390 Buy Range : 445-450 Target : 500-560 Stop Loss : 410 Holding Period : 1-2 Months
IPCALAB It has been consolidating in the form of Descending Channel pattern from Sep-2021 to till now So we can expect breakout at 1050 level but not sure. During breakout we should get either good volume expansion or price candle expansion for further upside direction in the price