bijoy2526

bijoy2526

The low of today might be the start of fifth wave If so it is first wave. But we should not jump at the conclusion that there will be straight away rally. some pull back is likely. and let us be ensured that the today's low is not violated. dollar index is rallying and dow has corrected from in real market trading. Hence we can get an opportunity to enter at low...

bijoy2526

here mentioned possible targets of nifty if it breaks down tomorrow. please trade with proper stop losses. Today there was initial bounce was very powerful even it had covered all the losses. But after noon sell off brought down nifty to ml of pitch fork. If it breaks down below Lml possible targets shown in the chart. It appears morning bounce was b wave and now...

bijoy2526

Today's my first morning pick was tata steel. Only ferrous stock which was still trading above 20 period weekly average. When I found dollar dxy was rising this morning had shared with some closed group of people about its possibility of down fall. Further break down of it is possible. channel break down is possible.

bijoy2526 Updated 

ok before writing some thing please refer to my chart published on august 5th in trading view( NIFTY a simple picture in daily time frame.) I had thrown overall picture of nifty here for my followers and general viewers here. Some of of my my followers (he or she may be) are very hard working I like their efforts. Now a days they are publishing correct Elliot...

bijoy2526 Updated 

It appears to me before any pull back still some rally left. But it has rallied much hence ,trade on your own risk. Happy trading. I do remember the day It was 7 th sept.it had bounced and I had posted about the possibility of down trend over. Trading bank nifty is not so easy as sharks in the stock market eagerly wait for small preys and after that they...

bijoy2526

Around 8.50 a.m. I posted here. mentioning the target. It opened around 266 and dipped a little and crossed 268 . when it crossed 268 yesterday's market profile value area high. I expected it to touch my target. yes it did happen ,in the first hour itself it touched my target. I squared of all my positions around that. after that it started retracing. This post...

bijoy2526 Updated 

need hourly channel to close above it. It appears if it crosses above it it may take place with appreciable volume. as bears are protecting it . Have you seen my zee call today.

bijoy2526 Updated 

how was my study? yes it perfectly touched the target don't forget to like my post. follow me to get updates ?wish to connect to me?

bijoy2526

published this morning only. let us see if it touches my target or not. 3/4 of the target is achieved. how do you like my post. follow me to get updates. if yo want to connect to me.you can just a little search little search.

bijoy2526

This is not f&o stock recommendation. for short term analysis. huge volume and price breakout here. But this is only my study not any recommendation for buy and sell.

bijoy2526

I was looking its chart carefully. of course at the lower channel line and from my second support it bounced be beautifully. obviously only braves can take long positions at that critical level. how do you like my chart.? don't forget to like my post. follow me to get updates

bijoy2526

let us see if it can attempt again or not? on three attempts on hourly time frame it could not take out the channel line. let us hope this time it can succeed. if it takes out the trend line much higher levels possible.

bijoy2526

if it crosses over this line it may reach higher levels. In hourly time frame it is not in over bought condition.(stochiastic) hence possibility to cross this line is high. don't forget to like this post. follow me to get updates. you can link to me if you wish.

bijoy2526

Last two times we had nice up move after two consecutive NR7 days. This time let us see if it pauses for another day or break out takes place tomorrow itself. It appears we are (3) rd of 3 rd wave of in the final fifth wave of this rally. This(3) wave impulsive wave is clearly visible . This (3)rd wave may end in the area shown in the chart. Immediate task for...

bijoy2526 Updated 

Have you watched my call of yesterday? Till now it has clicked. do you agree with it? don't forget to like my post. follow me to get updates.

bijoy2526 Updated 

Indeed it offered opportunity to but when it fell just below the center line of the the channel and at the stochiastic support line.(indeed I had bought 36600 ce at 115 and squared off around 240) it was undergoing abc correction. At this point it appears the correction is over. But in some cases double zig zag correction do take place. Then how to deal with it...

bijoy2526

Of course I had not posted. It was shared with my followers (closed group) excellently it may achieve the target today. if you want to search me you can easily find me.

bijoy2526

Yes this is a big question to answer. In the chart I have shown two alternate counts for wave 1 and 2. If we take bracketed (1 )and( 2) then wave 3 becomes extended 261.8 percent of wave 1. When wave 3 gets extended normally wave 5 should be more or less equal to wave 1. But in this case wave 5 has crossed the length of wave 1,Hence some doubt about the...