(L-S---Long First & Later Short) 1377.5 is the key level--from that top I have counted wave -1 & we are moving back to same level (current price-1367 $)... Currently, there is sideways movement..if recent swing high@1371.5$ is taken out - Gold will travel close to key level 1377$ - but make sure it should not go above 1377.5$ -otherwise its a violation of...
Tata Steel --is my baby..started my 1st report with this stock... L-S (Long First Above 375--Short Later in the zone 395--400) Tata Steel- when I picked this stock in Dec 2014..it was trading@435..As per my 1st report -I visualised that Tatasteel(TS) was forming a triangle since 2008 Fall- An elliotticians charm...4th Waves Triangle are wonders..I took short in...
GST--is one of the biggest reforms in this decade which India has witnessed as per Industry Veterans. GST- will it be a thumbs Up for comman man( with so many "comman" in GST--comman challans...comman accounting codes,etc) -where he will get rid of various taxes as compared to GST(Goods & Services Tax) as the only tax--I don't know -time only will let us know as...
(L-S....Long First & Short Later).....Bank Nifty could be a good example for polarity reversal. Bank Nifty could bounce from 18500-18525 zone if holds in that area for some time on 4th Aug 2016 session... two yellow arrows shown on left hand side could form hurdle in Bank Nifty's bounce --if it starts bouncing... Polarity Reversal---Support turns into resistance &...
The fall from 1.3364 recent swing high quiet impulsive....as per previous update"GBPUSD...Fall..Fall..Fall)--break of 1.3150 was our short call which has been activated....currently cable is doing sideways & should carry down once current low@1.3110 gets broken... It should carry atleast till the zone 1.3050--1.3060 -where it will face next hurdle in its larger...
Month Chart...Tata Steel....Go Baby Go for 400 above 375.... Regards, Abhishek H.Singh, CMT
Bang on....We booked 100 pips in last 2 days first a fall from 1.1175 to 1.1155--1.1165 zone...EU made a low in Triangle just below below oval shape at 1.1155...Then we took stop@1.1149 & flipped our position to longs for target 1.1230--1.1250...........EU Made a high@1.1233....Retraced exactly 61.8% of the complete fall from 1.1428 to 1.0910 at 1.1233--Today...
90 pips + & look the bounce exactly from 1.1155 as per the previous update--EURUSD-Update-13-(Waiting for Most exciting Wave)... Regards, Abhishek H.Singh,CMT
EURUSD-- (L-S) Long First Again & Short Later Post Breaking Key Support Level)..Current Price-1.1175....The price movement from 1.1197-recent high is corrective & if it is taking form of a triangle which is valid for 4th Waves...we shall look for a thrust upside crossing 1.1197 high & making a new high...This correction should not go below 1.1154 (taking -5 pips...
Look How Wave gets support & making a low@1.1155 post d-wave as shown in "EURUSD-Update 13--Waiting For Most Exciting Wave" Here EU took U-turn exactly 5 pips away from our stop loss (life guard -5 pips) & zone mentioned clicks (1.1155--1.1165)...Just made recent High@1.1184... Current price--1.1180... In current scenario it shouldn't go below 1.1154 ....& look...