Clear cut start of 5th wave. Should at least reach previous high comfortably. Can be bought and added on dips keeping sl slightly below wave 4 low (1730). Please note that I am just trying my hands at ELLIOT WAVE and constructive criticism is welcome. This is my personal view and not a trading recommendation. Trade with your own judgement.
Superb uptrend. After brief consolidation,again ready to join the party. NOTE:This is my personal observation,not a trading recommendation.
Again breaking out in the originally envisaged direction. If you don't have a problem of vertigo,just fasten your seat belts with SL!!!DON'T FORGET 3340-50. STATUTORY WARNING: This is my personal view,not a trade recommendation. Follow your own judgement.
In daily chart,making a consolidation pattern. In hourly,completed 5 wave wave structure in the form of ascending triangle.What else we can ask for!!! BUY above break out (2205-2210) with sl 2170-2175. Target around 2300. Standard disclaimer :this is my personal opinion,not a trading recommendation. Trade at your risk with due diligence.
Chart is clear.AGGRESSIVE TRADER CAN SHORT NOW OR ON ANY RALLY. SL >985.TGT OPEN. Not so aggressive traders can keep watching for b/down of nekline.THIS IS MY PERSONAL OPINION NOT TRADE RECOMMENDATION. Trade on your own judgement.
After sustained rally, after forming I-LAND whih wil be difficult to cross considering result is out today in a blazing market but it did not responded at all!!SELL on rally towards 395 or above with sl 405 or break of 384-385 with sl 390-392.Standard disclaimer:-this is my personal view-not a trading recommendation,
The structure has taken the shape of ending diagonal.One can go short on rally or on break of lower trend line,TGT:-Start of wave 4.STATUTORY DISCLAIMER:This is my first attempt at ELLIOT WAVE. Any mistakes should be seen indulgently.
Both H/S and Consolidation failing.One can short it with proper risk management(varies from individual to individual).STANDARD DISCLAIMER:This is my personal view and not a trading recommendation.
The scrip is in beautiful uptrend. Taking rest for next journey to higher high.One should take the journey with the scrip.Likely to give lot of JOY.
After today's move, bank nifty is on the verge of breaking out of last 5/6 days trading range with upper limit@34000.It has the potential to go to the upper trend line.RSI also formed bullish H/S. So for me ,it is buy on Monday Morning with 400 pt sl &1000+pt tgt. Standard disclaimer:this is my personal view and not a trade recommendation.
After today's move, bk nifty almost broke out of a trading range of last 5/6 days with upper boundary @34000.Today it gaped down,but filled the gap successfully which is a sign of strength.RSI also formed bullish H/S. So bank nifty is buy above 34000. For me sl approx 400 pts,target 1000+ pts. Standard disclaimer: this is my personal view,not a trading...
Presently neutral with a negative bias on BANK NIFTY as it formed almost perfect I-LAND reversal(zone marked between red & black line).Trade with caution.
long term,med. term as well as short term trend is strong.May break the resistance line(Black).One can buy above it with sl bel 1799 and enjoy the ride.THIS IS MY PERSONAL VIEW,NOT A TRADE RECOMMENDATION
Shor term trend here is down. RSI also hovering in the weak zone. May break again (once broken on 3days back & trade reached near tgt on that day). Standard statutory warning :This is my...
PEL Broken the neckline once.Closed somehow on the NECKLINE for the week.May fail to hold the fort.Standard statutory warning:this is my personal observation,not a trade recommendation
This is my first in this beautiful open forum.So constructive criticism is welcome.Standard statutory warning:this is not a trade recommendation.