ONCE A 30 MINUTE CANDLE WITH GOOD VOLUME CLOSES ABOVE HORIZONTAL LINE TARGET IS GIVEN WITH ARROW WHICH IS A GAP WHICH MAY BE FILLED STOP LOSS IS 240.15 TRADE AT YOUR OWN RISK
LET THE UPPER TREND LINE BE BROKEN ON CLOSING BASIS TARGET FOR SHORT IS GIVEN IF IT DOES NOT BREAK UPPER LINE TARGET IS THE GAP WHICH MAY BE FILLED UPSIDE AND GAP IS HUGE RESISTANCE ALSO GOOD LUCK NOTE: TRADE AT YOUR OWN RISK
FORMED A FALLING WEDGE PATTERN AND AS STOCK IS IN DOWNTREND IT MUST BREAK LOWER LINE ON CLOSING BASIS TARGET FOR SHORT GIVEN AFTER CANDLE CLOSES BELOW LOWER LINE UPPER LINE IS STOP LOSS ON CLOSING BASIS ALSO STOCK MAY KEEP CONSOLIDATING BETWEEN TWO LINE SO WAIT FOR BREAKOUT OR BREAKDOWN ON CLOSING BASIS NOTE: TRADE AT YOUR OWN RISK
IT IS MOVING IN A CHANNEL LINE IT HAS TOUCHED UPPER LINE NOW IT MUST HEAD TO LOWER LINE PLUS IT HAS BROKEN IMPORTANT FIBONACCI`S 50% LEVEL ON CLOSING BASIS AND THIS LEVEL MUST WORK AS RESISTANCE NOW TWO TARGETS FOR SHORTS ARE GIVEN GOOD LUCK NOTE: FOR EDUCATION ONLY
AS WE CAN SEE IT HAS CLOSED ABOVE UPPER TRENDLINE ON CLOSING BASIS 31215 is very good support now YOU CAN GO LONG WITH THIS STRICT STOPLOSS NOTE: TRADE AT YOUR OWN RISK
AS MENTIONED ELIOTT WAVE 12345 COMPLETED IN WEEKLY CHART AND CORRECTIVE WAVE ABC HAS TO BE KICKED IN NOW TARGET IS GIVEN FOR SHORT BUT FIRST LET 493 BROKEN ON CLOSING BASIS IN 15 MINUTE CANDLE GOOD LUCK NOTE: TRADE AT OWN RISK ALSO MARKET MAY REACT TO BJP`S WIN IN MAHARASHTRA
12106 IS THE TARGET FOR LONG WHICH IS TREND LINE IT SHOULD TOUCH IT AND IF TRENDLINE IS BREACHED ON CLOSING BASIS TARGET IS 12186 STOP LOSS IS GIVEN WITH HORIZONTAL LINE GOOD LUCK NOTE: TRADE AT OWN RISK
TREND LINE BREAKDOWN FINALLY TARGET GIVEN GOOD LUCK TREND LINE MUST WORK AS RESISTANCE NOTE: TRADE AT OWN RISK
IT HAS FORMED BROADENING PATTERN LET IT CLOSE ABOVE UPPER LINE TARGET FOR LONG IS GIVEN IT MIGHT ALSO COME DOWN TO LOWER LINE IF DOES NOT CLOSE ABOVE UPPER LINE ON CAndle CLOSING BASIS AND TARGET GIVEN FOR SHORTS too note: for education only
AS WE CAN SEE IT HA TAKEN RESISTANCE FROM FIBONACCI`s 61.8% LEVEL MANY TIMES AS SHOWN WITH WHITE ARROW SO I GUESS IT IS HEADED FOR THIS LEVEL AGAIN AS MARKED WITH ARROW AND MAY TAKE RESISTANCE AGAIN THERE FIRST LET UPPER TREND LINE BE BROKEN ON CLOSING BASIS NOTE: FOR EDUCATION ONLY
IT WAS TRADING IN A WEDGE PATTERN NOW IT HAS BEEN BROKEN ON THE DOWNSIDE TARGET FOR SHORT SIDE IS 674 FINAL IS 669 FIRST LET IT CLOSE BELOW 687.10 ON CLOSING BASIS NOTE: FOR EDUCATION ONLY
IT HAS MADE BULL FLAG PATTERN LET IT BREAK UPPER LINE ON CLOSING BASIS FOR TARGET OF 358 STOP LOSS MAY BE 334.8 NOTE: FOR EDUCATION ONLY
AS YOU CAN SEE IT HAS FORMED BULL FLAG PATTERN AND ALSO IT HAS BOUNCED BACK FROM FIBONACCI`S 50 % LEVEL WHICH IS VERY GOOD THING TARGET FOR LONG IS GIVEN GOOD LUCK NOTE: TRADE AT YOUR OWN RISK
FIRST LET IT CLOSE BELOW 328 IN 15 MINUTE CANDLE ON CLOSING BASIS TARGET IS GIVEN WITH ARROW ALSO THERE IS A GAP AT 306.50 IT WILL SOME DAY BE FILLED AND MOVING AVERAGE IS STOP LOSS ON CANDLE CLOSING BASIS GOOD LUCK NOTE: TRADE AT OWN RISK PROFIT YOURS LOSS YOURS :)
IT IS NOW CONSOLIDATING BETWEEN TREND LINES ONCE IT BREAKS UPPER LINE GO LONG AND AS WE KNOW GAP HAS TO BE FILLED IT WILL GO TILL 1280 #BUT DON`T KNOW HOW MUCH TIME IT WILL TAKE AND LOWER TREND LINE MUST NOT BE BROKEN ON CLOSING BASIS AT ANY COST STILL IF IT BREAKS STRICT STOP LOSS IS 1249.40 GOOD LUCK NOTE: IF ANY BAD NEWS COMES FOR MARKET NOTHING WILL...
IT IS RESPECTING WEDGE PATTERN AND AS WE CAN SEE TAKEN SUPPORT MANY TIMES ON LOWER LINE IF IT BREAKS LOWER LINE ON CLOSING BASIS IN 15 MINUTE CANDLE TARGET FOR SHORT GIVEN BUT IT SHOULD TAKE SUPPORT AND GO UP TO CONTINUE ITS CURRENT WEDGE PATTERN LONG TARGET IS ALSO GIVEN GOOD LUCK NOTE: TRADE AT YOUR OWN RISK
IT WAS RESPECTING BROADENING TRIANGLE PATTERN AND NOW HAS BEEN BROKEN ON CLOSING BASIS ON THE DOWN SIDE TARGET MARKED WITH ARROW GOOD LUCK NOTE: TRADE AT YOUR OWN RISK
IT HAS GIVEN GOOD TRENDLINE BREAKOUT ON THE DOWN SIDE AND TRENDLINE MUST WORK AS RESISTANCE NOW TARGET FOR SHORT IS GIVEN GOOD LUCK NOTE:TRADE AT OWN RISK