forextidings

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United Spirits has started wave cycle from 85.20 . Wave ((1)): Wave ((1)) is an impulse pattern that occurred in 201. Wave ((2)): Wave ((2)) is a zigzag pattern that occurred at 95.55 . Wave ((2)) retraced 100% of wave ((1)). Rule 1: Wave ((2)) can never overlap the starting point of wave ((1)). Wave ((3)): Wave ((3)) is an impulse with extensive...

forextidings Updated 

Adani Transmission (Closing Price: 1869.9) According to Elliott Wave projection, Adani Transmission price will hike and touch 2118 - 2304 - 2364 levels. And the day traders can expect 1920 - 1946 levels.

forextidings Updated 

First, I recommend reading the previous report of BankNifty. Link: BANKNIFTY Can't Wait to Fall – Even Without NIFTY's Help According to technical analysis, Banknifty is trying to collapse. It needs solid support to reenter into the uptrend channel. The strong support is nearby the 34600 level. It will try to retest 35260 - 34880 - 34600 levels this week. ...

forextidings Updated 

JSW Energy has been forming a downward channel for 22 weeks, and Elliott's projection illustrates the formation of a corrective structure. Traders can short for the following targets: 289- 278 - 262 The corrective pattern started unfolding after a high of 408. Let's discuss wave formations and the Fibonacci relationship of correction. Wave ((A)) is an...

forextidings Updated 

*Read This Report carefully to get an accurate entry level for buyers.* Devyani International has created an all-time high of 198.90. Price faced supply pressure that bulls couldn't hold their power, and it has started correcting for upcoming impulsive structure. After counting the wave, we can name this correction 4th corrective wave, and the all-time high...

forextidings

Key Level: 730 POKRANA has completed corrective wave ((4)), and price surged for impulsive wave ((5)). If the price breaks the corrective wave b, traders can expect the following levels for impending impulse thrust: TP 1: 752 TP 2: 770 TP 3: 800+

forextidings Updated 

Key levels: 36496 - 37060 Bank Nifty was following the uptrend channel from Dec 2020, and it had broke on 02 March '22. There's a new parallel channel unfolded. In the last trading session, Banknifty has created a shooting star pattern. And this pattern is a single line pattern that indicates an end to the uptrend. At the same time, it is close to a parallel...

forextidings Updated 

Key Level: 3631 Quick explanation: Bajaj auto has started rejecting demand pressure. Price is bullish above pivot level 3629, But if the price fails to break the crucial pivot, traders can go short for the following targets: 3573 - 3441 - 3345. Detailed study: Bajaj Auto has been forming a downtrend channel for more than 14 months. It has created an...

forextidings Updated 

Preface Alright, the operation started after creating an extreme low at 120.20. Price has created an upward channel from the extreme low, where the equilibrium has occurred between bull and bear traders. Control line has given eleven touches, which shows the strong gravitation at the middle. Here, we can see four reversals on the upper band, and three reversal...

forextidings

NSE KoltePatil stock overwhelmed today, and it hiked +34.10 ( +12.30% ). Technically, the A B C correction of the Elliott Wave is over. We can expect impulsive moves ahead. Today's volume spike and breakout of EMA 100 indicate bulls are stepping in. The uptrend can extend up to 322 - 340 - 350+ target price for intraday traders. Further information I...

forextidings Updated 

Timeframe: weekly UBL created an all-time high at 1785 and started declining to overcome the demand pressure. Bulls pushed prices extremely high, and bear found that convenient to sell. The stock has respected equilibrium in the parallel channel. At this glance, the price is at the lower band of the parallel channel. If the price breaks the parallel channel,...

forextidings Updated 

Dr. Reddys Labs Fut closed at a crucial level. It has to take a U-Turn from the current closing price. Otherwise, speculators will keep selling. And according to TA, we will see the target of 3780 - 3720 levels soon.

forextidings Updated 

After breaking the parallel channel, the price entered the value area. Price has started a seller initiative by going out of the price zone. Buyers responded more to sellers' initiatives with an excess. At this juncture, the price has entered the value area. The lower band indicates the demand pressure. If the price does not stay above the lower band at 17250,...

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BPCL had broken the uptrend channel and started correcting the previous move. It has made a falling wedge, which is on the level of 61.8%. Price will reach 401 and may face minor resistance. But If the price gives a strong close above 401.2, we can see the following targets: 415-439-456-469 and more . If the price doesn't make a higher low and breaks 357,...

forextidings Updated 

GPIL has formed a downtrend channel for the last six months . Price has created five no trading zones. No trading zone is an area where trading activities haven't taken place. It has formed two excess on the lower band and three rejections two rejections from the upper bend. The control line has made eight touches . Currently, the price is on the...

forextidings Updated 

Price has broken down the wave (a) at 382. We can see a corrective channel, which has held the corrective structure. Wave c can travel for the following targets: 360-356-342+. Price has also created the head and shoulders pattern, and the right shoulder has broken down the neckline. Impulsive wave will start after the breakout of the corrective wave...

forextidings

Aegis Logistics is seemed bearish more. It's the top loser stock of last Friday's market session. I have drawn this chart to show a bearish area to short-term investors. Wherein AEGISCHEM can show 150 - 138 - 118 levels into that area. Intraday traders can sell for targets of 166 - 164 levels. And if it breaks the 164 level, then be ready for a downtrend.

forextidings Updated 

ICOMODEX ENERGY is forming an impulsive wave 3. Price has finished the corrective wave (iv)of wave 3, and the price is forming an impulsive wave (v) of wave 3. Price is about to make the last leg v. If the price breaks the high of w. iii, it can make an upward move of 7135 - 7290- 7355 -7477. After the accomplishing of wave 3, the price will fall and break...