After 5th impulse wave, this stock is going for ABC correction wave. Probable tgt: 108 This is my personal view, not a recommendation to trade. Trade at your own risk.
If the high of 36624 is not broken , I am expecting a strong downfall up to sub 20k levels. All analysis if for educational purpose only.
Stop loss and target mentioned in the chart. Elliot wave analysis. Only for educational purpose. All levels in spot.
If you think Bitcoin had reached bottom, then you should look for wave 5 on daily TF. All analysis is for educational purposes and not for actual trading.
Recently real estate companies have shown strength. accumulation can be seen clearly in this script on daily TF. Most conservative tgt is 155 but this script may trap longs by forming a fake red maribozu candle. Either wait for that dip to enter or enter now with your SL and my Tgt. Have a safe trading week. PS: Nifty is all set to touch 9500, but before that...
Nifty will see 100 points down movement to complete its second leg of gartley. Be cautious with longs below 9250.
Bearish gartley leg one completed. CMP 512 , gartley Tgt1 - 478-481 which can be considered as a pullback to Fibo level of 31.8%. After this pullback, momentum move expected till 695 . Take trades as per the levels mentioned in the chart. Trade cautiously as per your risk capacity. I have every right to be wrong.
HDFC retraced after a pull back to 38.1% fibo level on weekly charts. Harmonic Shark pattern is forming on weekly charts as well. IF rebounds from current levels, tgt1 will be the control price of the value area and after that 38.1% level. All the levels are mentioned in the chart. If it breaks this support on closing basis, possible tgt is 1.13 ratio of Shark...
Pharma stocks have seem new long positions as per FnO data. NiftyPharma index is also near breakout resistance. This is a very high probability bet with good RR. Levels mentioned in the chart.
This stock is forming flag and pole and moving up. It is near its control line of the parallel channel. If manages to hold 3126 low, it can move 100 points from CMP or else will move down the lower value of parallel channel. Trade as per the market moves next week. Remember key level is 3126 for long and below that short.
Apollo hospital is moving in a channel. The channel upper price zone is 1850, so selling zone becomes 1850-1800. Take a short entry based on smaller time frame. There is negative divergence in RSI on daily TF. Data suggesting downside. Expecting flash price movement of 100 points downside. Trade as per your risk capacity. All charts are published only for...
Explanation later. Trade at your own risk.
The stock has broken a well-established trendline resistance and moved up. But price action is not convincing enough for next 100 points rally. Current data suggests it will touch the trendline again before making the up-move.. Conclusion: Short term retracement, long term bullish. Take your trade at your own risk. This study is only for educational purpose.
This call is purely based on data. No charts, no patterns, no trendlines. Only for educational purpose.
Only for educational purpose.
Data suggesting Wipro expiry to be between 237 to 245. Lets see how it works out. Only for educational purpose. Comment to know more details of this study.