Let us trade the box..going 19$. Someone wants to hit the Silver. In that case we shall look for a target zone 16$ to 16.50$.
A possible expanding ending diagonal could be in formation & shall give us more confidence once it overlaps 1st wave at 270..eitherways there is a resistance line running at the head. Price has to stay above resistance incase it wants to go up.
Rising Trendline can Ambuja Cement break & start the downward move..as desired in other updates of Ambuja Cement
Let the price touch a-c trendline for future bounce back.. currently its moving in channel so let us not disturb.
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...