Halting At Support Zone 215 -217 - Going Below 215 -It can extend to 197-200 zone -if falls below 197 then fall continues downside. Last Idea on ITC
• Mercury Retrograde - Don't forget as most of the time it will trick you - doing false breakouts / breakdowns as it did near 1835 lows shown in last idea where proposed X-wave got completed • Sell 2030-2035 for 1990-1995 or Sell 2055-2075 strictly • Buy 1980-1995 zone if fall halts or stops then expect back 2030-2035 & 2055-2075 target zone Update...
Have suggested already -its all choppy & messy suggesting that fall in Reliance is pending -which can take stock back again to 1830 & once 1830 is taken out - fall can become more serious. Trade carefully. Thanks The Y- Wave Next for 1980-2000 Levels
As per Last Idea - Suggested to Buy Only above 1585 - Stock gave close chance but failed to hold 1585 levels Buy Only above 1540 (Till the stock holds above 1540) -Good to trade for Targets - 1585 / 1650 / 1700 ------------------------------------------------------------------------ Last Idea - Bearish Butterfly (Buy & Sell Later)...
• Two Harmonic Patterns Overlap - Bearish Butterfly & Bearish Deep Crab • Buy Above 50000 • Sell Below 45000 & Be on cautious mode below 46000 • Range Bound Move in 46000 – 50000
Plan B - Selling close from 4900 as per last idea Last Idea- Taking Rest (Triangular Pill)
• Multiple Tops on lower degree have halted stock close in 2750-2777 zone • Push Above 2780 – can take stock to new highs 2850/2950 • Careful at the Tops later as current geocosmic signs at the moment may trick you. Always be cautious & false breakouts & breakdowns are common phenomenon in this period • Risk Management is most important so traders...
• Final Waves could be unfolding for the sequence which started from 2008/2009 bottoms post financial crisis • Suggesting Corrective Flat Sequence WXY from 2008/2009 Bottoms till it moves slowly & in time consuming pattern – taking this as primary or main view. • Wedge or Diagonals are Time consuming patterns which can be a possibility once more...
Proposed Triangle - Wave 3 was a shocking wave for the financial community & could be the bottom for months & years to come ahead & can we have truncated Wave 5 ? Not a trading advise. Please consult a financial adviser before taking any trades
200 was the key level identified. Hope you all enjoyed the wave. Above channel it becomes more bullish or take care if channel halts or stops the move. Last Idea on ITC
Hope you enjoyed 4470 to 4700+ move as per last idea published DrReddy taking rest with Triangular Pill Plan A Buy Close to 4600 in 4615-4630 zone (Avoid Buying if falls below 4600) -Expect Target - 4760 / Above 4760 for 4875-4900 Plan B Sell from the tops if halts or stops in 4875-4900 zone (Avoid Selling if crosses above 4900) -Expect Target Downside...
As per last update suggested an hour back on previous idea mentioned below (DrReddy- Dramatic Selling from 5400)- avoid selling if stock holds or crosses back above 4400 -------------------------------------------------------------------------------------------------------------------------- Trade active: 12:06 Hrs / 2nd Feb2021 Last @ 4406 Avoid sell if it...
Nifty - Was That Shark Bounce or Sharp Bounce 13600-14700-What Next? Amazing session for Indian Stock Markets & Possible Reason for moves which unfolded on 1st Feb2021 • Harmonic Pattern • Heaven’s Message • Indian Budget2021 • Stock Updates Harmonic Pattern Bullish Shark Pattern which was suggested last week with trigger level above 13850 & targets of...
Recap from Last Idea- Bottoms picked in 2400-2425 (Support Zone) suggested @ 09:46 Hrs / 25th Jan2021- continue... Structure unfolding as expanding structure with key level- 2530 (suggested in last idea) & critical level-2408 ----------------------------- Trading Strategy ----------------------------- Plan A - Buy Above 2735 for 2850 & strictly...
Note - Harmonic Chart Pattern suggested is not valid if stock falls below 1600 & Halting in the zone 1600-1625 can be seen as PRZ ( Potential Reversal Zone) for a potential upside move later ----------------------------- Trading Strategies ----------------------------- Plan A - Sell Below 1700 for 1650 / 1600-1625 Target zone Plan B - Buy once...
Ending Diagonal / Truncation / Extension all have the same message loud & clear - "Dramatic Reversal" Snapshot Taken on 11th Jan2021- Structure Finishes or Possible Finish with Ending Diagonal/Wedge- What Next? - A Dramatic Reversal Warning Suggested @ 10th Jan2021 - Be Careful At The Tops Updated & warned on the last idea @ 10th Jan2021, when stock...
Careful to trade only on assumptions as the pattern proposed (Ending Diagonal) is immature - wait for the markets to move first & as a trader you should join the direction of the trade ----------------------------------Do not trade if stock falls below 1855 -1875 zone--------- ------------ Crossing Above 1890-1900 Target 1 - 1975 Target 2 - 2020-2025 Target 3...
As updated on the last idea Target 1 - 13800 done Happy Weekend !!! Last Nifty Idea