Going through the chart of Naukri.com, I observed that it has perfectly played an impulse upside. The Chart is very beautiful and stock run as per the Elliot wave Rules and Regulation and also Respects Fibonacci Series/Ratios. We have completed the 5 impulsive waves in Naukri.com(weekly chart) and we have given it a cyclic number and it is correcting in cyclic...
This instrument has been bearish from long time. When going through the price action of the NAZARA it looks clearly it has broken the upper trend line and it is back for testing the buyers support at trend line. If it gets support of buyers at the trend line it might give a great opportunity to invest for short to medium term. The Relative strength is showing the...
All rules of Leading diagonal is followed in Nifty. The correction may be deeper in case of Leading Diagonal, generally the retracement for a diagonal is supposed to be in the range of .618 to .786. The range between 15400-15600 is a good zone to accumulate. Long may be initiated near the rectangle shown. Please do your analysis before opting for a...
We in last analysis expecting NIFTY to retrace from 16118-20 level for its original retracement area of 15600-700. The Nifty broke out of our invalidation area, and sustained. Now it looks like we may find resistance at the upper trend line and NIFTY might retrace from the same area of trend line. This is just a view and there are many other possibilities...
Going through the Affle India Chart, It seems it is in major 4th wave and making an expanding flat wherein the (b) point has retraced beyond beginning of (a) point. It seems it is making a 3:3:5 structure, currently we are in 4th of C leg of the Flat. C leg is supposed to be in 5 wave structure. The correction may end near 820 and the longs in the instrument may...
A chart was published on Trading View for Nifty on 14.07.2022, your likes compelled me to take your input as a positive feedback. And I have tried to explore the errors and have rectified some points for you. (Please comment if any are still there) A leading diagonal can have 3:3:3:3:3 subdivision (common) and can also have 5:3:5:3:5 subdivisions. Here we can see...
Anyone who understand it will gain Anyone who understand it will gain Anyone who understand it will gain Anyone who understand it will gain
Guys, first of all I would say sorry to you. I am not updating the chart as usual, Last analysis was about nifty and we recommended nifty to Long at exact bottom. Our target of nifty is about 17300 and that will be achieved, but pardon me its not a bull rally, its a corrective rally. We may touch around 15700-15600 levels as I can see in nifty and then we can...
Nifty has completed its structure in lower time frame. Now if nifty crosses 16200 the longs may be initiated for 17300 levels. Please do your own analysis before jumping to the trade. I may be completely wrong in my analysis. If you liked the chart you may please like. Regards
Leading diagonal confirmed. Please refer to the 14 may chart we had expected a fall upto 15300. Please refer the chart below : pls like if you liked it.
Bitcoin/USD may have completed its cycle of one wave up and one wave down. Now the time for reversal anytime soon. We can wait till the .786 is reached as we already have completed the .618 level and are below that level. Good investment opportunity may knock your door. Regards
NIFTY UPDATE, from the earlier chart you might have got some reference. We were in 4th wave of down move and it looks it has completed the retracement for 4, i.e., 38% has been completed and the price got rejection from/above the 38% level. Now we can see nifty making a new low as per the leading diagonal. Nifty has to break 16135 level and sustain below it for...
NIFTY-Scenario II If nifty had completed the abc then why it came to upper side? The reason may be 4th wave correcting in the abcde and if it show the resistance at e leg then the wave 5 targets will be achieved. Please do your own analysis before any trade execution. Regards
The earlier Analysis is coming true and I hope it is the final destiny of bank-nifty. Now you can put 20% of your capital to investment. I am personally feeling that we would touch the lower trend-line plotted with red line. Two circles are plotted to show the Fibonacci Ratio Supports and there are some red vertical line those are cyclic lines which give an...
Where we are heading for... see the weekly chart of Dow Jones it clearly showing we are in a rounding top. And this is a bear market now till we reach 29700. Be careful and keep stop losses ready. Regards
World markets are on the brink of collapse. The Market may remain bearish for medium term. In my view we will find support in the channel plotted by orange line l if we have completed the internal wave 5 of 1. Please do your own analysis before any trade execution. Thank you for being with me....hope you liked the analysis. Please hit like if you really liked it.
BANKNIFTY-MOVING FOR ITS LAST LEG OF CORRECTION In my view we are in abcde correction of banknifty. e leg is pending to be completed. in e leg we are going to form a head and shoulder which may achieve the e leg target. Rest all is market and it is supreme. Thank you.
Kotak bank has formed a Head and Shoulder pattern. The neckline is shown using a rectangle tool. Price may go decisively down, if breakdown occurs. I don't know what would be the trigger but what I feel that a value area may come around 1450-1480. Please do you own analysis before going for trade or investment. I bring it as I seen this pattern. Disclaimer: I...