Nifty -3 levels are very Important.. Did I say 3 levels ..No one more level as per my previous update- "Nifty- Trading with Amar..Akbar..Anthony". These 3 levels will decide the fate of Nifty- 8690-8700(as per previous update-going above that level-look for 8740-8750 as target zone)---8600(going below that level- one can take short till next support at...
Are you part of this...Awesome..Aptech is running in 3rd wave-if aren't a part of this, then you are missing something. 3rd wave should complete at 170-175 zone where it will finish 161.8 of the 1st wave starting from 40.25 low- which completed C-Wave since 2007 fall from 440's.
Bollinger Band -20 Period Moving Average-once crossed by Natural Gas ..We will become sure that its heaading for its last leg in the C-Wave.
Looking for last leg in Natural gas to complete & face resistance at the polarity zone & XX -previous swing.
Expecting a 5th wave in the range of 1.3280--1.3300..
As per previous update..Gold- The Yellow metal was struggling..look it leaked as expected.
Look from Wheat is bouncing back right from from the polarity reversal zone. can wheat become gold. I will buy & store some wheat.
Its the monthly candles low at 540..Going below that level it will give us the clue that 5th wave is done.
5th wave shall be confirmed once auropharma starts moving above 814...
Either one has to wait for the pullback to participate in the Z-Wave or Crossing the resistance zone 278-280 should looked to add more cement.
3 Black crows & Tweezer Top at resistance area - should be looked upon as bearish opportunity. Risk is going above the resistance line.
There is rising wedge pattern in the formation. Ideal spot for taking short shall be 399-402- where 5th wave will travel 61.8% of 1-3 distance. Let prices come in that zone & start falling to give us a hint.
A wedge in formation.. Let the rising trendline get broken.. The ideal spot for taking short should be between 399-402. Going above 415 shall invalidate the current wedge pattern. We shall look for 348-355 as target zone & going below 345- target zone shall be 295-305.
10:00 Hrs--IST--11th Aug 2016 Current Price-8578 Nifty---Amar ...Akbar ...Anthony(Looking for Your Support)....If Market Supports Anthony...You Know ..He had potential to become a superstar & he turned his dream into reality...So, Guys...... In Traditional Analysis--Its 3 point contact for a valid trendline---- Won't you support Anthony....in the range...
Vow....Bank Nifty jumps 80 odd points from 19370 & Above to kiss our target zone 19440-19450 as per previous update- "Bank Nifty-Mini Top at 19370" Regards, Abhishek H.Singh, CMT
There is a mini top in BN at 19367- Price was holding at that level. Any push above 19370 -Mini Top could take BN in the range of 19440-19450 -where next halt could be seen. Wave-i (Blue Wave) shown wrongly at bottom..it should have come at 18699 High Regards, Abhishek H.Singh, CMT
Usually Post H&S Pattern Activation it is seen that prices bounce back to Trendline Break to fall again- Now the top-393.90 is going to be crucial in coming days- if this is the top then I shall be looking for target zone 345-355. Regards, Abhishek H.Singh,CMT
Current Price-389... Bang On. above 384.50 -Target 388-389 done as per previous update-"TataSteel- Top is still missing". from 24th June2016 low@296.30 - TataSteel has opened up in a beautiful bookish elliottwave. 3rd wave was 161.8% of 1st wave distance. 2nd wave retraced 61.8% of 1st wave. 4th wave retraced 23.6% of 3rd wave. 5th is currently running & I...