This chart has been with me since long. I had published in trading view too. Its 3 rd wave is in progress. Next possible levels shown in the chart. If this chart helps you ,like it. follow me to get updates.
long back I had posted here in rading view the leading diogonal in hindalco. that post passed away almost unnoticed. Look where it is now. its chart suggests much higher targets. near target shown in the chart. If this post helps you like this post. follow me to get updates
Good start of nifty. as it is obvious it is the 3 rd wave it should cross 24300. every dip is a buying opportunity now. what happens further? there is probability of 4 th wave also. where we can get some correction. then final fifth wave. Like this post if it helps you. follow me to get up dates
Looking for pull back? Not right time to look for it. 3 rd wave is the most desired wave for traders and investors. every body jumps in to it for buying. As far I expect it is going to crosss 24000 very soon. it is 5 th of 3 rd wave. 23948-23956 is likely to be touched. at that point we need to be cautious..I am neutral there. As it is difficult to say if 3rd...
most probably. if sustains above 22897.yes it has to cover 4 days down trend then higher levels are possible. I have marked1,2,and 1,2. as 2 nd 1 is shorter than first 1 1 st 1 is retraced 38.6 percent and 2 nd 1 which appears to be a leading diogonal has retraced only 23.6 percent. each candle in the chart is of 4 days duration. final target will update...
its chart is somooth and flawless. In the initial stage there was some confusion just after covid decline. now it is in its 3 rd wave..fifth wave of 3 rd wave in progree. during 4th wave we can get a deeper retracement as its 2 nd wave retarcement was shallow. like this post if it helps you. follow me to get updates.
Badly impacted telecome stock has started gaining strength slow and steadily. This is weekly chart. after only 50 percent retracement of preceeding wave it has started up move again. Incoming days price of 18 and 24 possible. This is not any f&o recommendation. if this post is helping you like this post follow me to get updates.
this happens to be the 61.8 percent retracement level. Now is the question is the correction over?. May be and may not be. abc correction is over.this correction to 2 nd wave area is c wave. another possibility is that this correction is A wave and last hour bounce is B wave,it is the posssibility not certainity. then again banknifty may fall to 78.6 percent...
Complete session of yesterday and Baring one hour of today's session was consumed by the complex 4 th wave correction of nifty. 4 th wave correction is deeper here 61,8 percent of 3 rd wave. when ever we get simpler 2 nd wave the 4 th wave becomes a headache. today after completion of Y we were expecting a rise but it gave away to Z and at last we could see 5 th...
spectacular rally in bitcoin after two days of decline.. It appears wave C is an ending diogonal. Further upside still left.But some more correction is left before its up trend is resumed. Follow me to get updates. Like this post if it helps you.
what you see and what you feel ? what you see impotant. as shown in the chart it is in 3 rd wave. Of course retraced 23.6 percent of it. in some cases when 3 rd wave is extended it can retrace 23.6 percent. It seems here it is extended here, Normally 4 th wave retraces 38.6 percent of 3 rd wave. Its result is tomorrow.In case of good result it can lift nifty along...
here 2 nd wave is flat correction. It seems it has completed its 3rd wave and fourth wave has ended at the center line of the base channel. 4 th wave appears to be zigzag. Up side targets are shown in the chart. In the negative sentiment prevailing it is very tough to have positive side for hdfc bank. stop loss is must here though it is nota trading...
Clear divergence between price and oscillator. This is four hourly chart. stochiastic is in overslod condition. It is not essential that divergence only confirms buying immediately. The on going wave is C wave..which should consists on five waves, In daily time frame it is not visible. we will check hourly chart later.22137 is important level. As long it holds...
As from the chart there may be some pull back possibe both nifty and bank nifty as long as 21807 holds. if unable to hold 21807 ,it can slip to 21717. Greater chance of pull back is there. It seems A wave is completed and bounce for B wave is possible. In any case 21807 should be stop loss. If this post helps you like this. follow me to get updates.
Nifty has crossed the trend line of the diogonal. next important level 22522. remember if crosses above 22600 the diogonal structure will be nagated. where the 3 rd wave will be shortest than 1st and 5th wave and upside will be open to more than 22700. As such looking at the overall structure starting from october23 nifty target above 22522 comes to 22750. do like...
weekly chart of reliance starting from march 2020. Fits in to a leading diogonal.wave 3 is not the shortest.overlapping of wave 4 and wave 2.major 1 st wave ended in may 22.there after reliance had a pull back in 2 nd wave.Now 3 rd wave is in progress,inverted head and shoulder pattern can be visualised here. At least target of 3089.7 can be reached.this is weekly...
Maruti it appears still upside left. Final 3rd wave is in progress.this is weekly chart and not a f&o recommendation. For investment it should work. Please like this post if it helps you. follow me to get updates.
Big rally waiting for maruti. the chart is of weekly time frame. after post covid there was 1st wave move which was completed in jan 21, 2nd wave took much longer duration completed on march 22.after that slow and steadily its rise is continuing and it made all time high october 23.now it has crossed that high in final fifth wave of 3 rd wave.As 1st and 3rd wave...