Please go through the Elliott wave monthly chart of Banknifty . Observation: 1. We are in 4th corrective wave of higher degree. 2. We have completed (A) wave of correction after wave 3. 4. We are in wave (B) of correction, it might be creating an expanding flat (in which it go beyond the start of (A)). 5. When C will start no one will have time to liquidate their...
simple gann analysis. The DJI looks weak and can come to at least 34751 break the current level of 35000. Neutral Regards
It looks MARUTI is still in correction. counting telling that we need to long it around 5700. A head and shoulder is also under formation on daily chart which if happens then 4600 can be seen...! No recommendation of buying... Regards
Now in 2nd internal wave . Avoid long before 1326-1306. rest depend on your own view... please do your own analysis before any trade execution. you might get losses. regards
Guys please see the chart of Lupin. Lupin can be made long for investment near 888-895 with SL of 865. Wait till it come to that level. Regards
BANKNIFTY may have completed C wave of correction, bottom may be formed near 34800-34700 level. The invalidation of this analysis is below 34130. please do your own analysis before any trade execution. Regards
See the chart which is based on Fibonacci numbers and Fibonacci Fan. It took closing above 38.2% trendline and if it is broken then the support is around 6373. Keep watching you will be rewarded if pick up the bottom. If it sustain above the trendline then the next resistance is at 7476. It is also in the range support of Gann Fan 2x1 Please like if you like...
It seems maruti will stop at 61.8% level and may reverse from here. If found in 50% zone then buy would be recommended as the price will fall in a diamond area. 2x1 support and 2x1 resistance. Regards
BANDHAN BANK GANN BOX Your comment please, I think it wall take support at .5 level of Gann Box we can wait till the price come to 277. regards
It looks from the calculations that Nifty is in 5th wave and a peak may be created around 16700-16600 range. Be cautious for some retracement! Regards
Banknifty Path for 12th of Aug Banknifty has broken a trendline valid till today 10.00am and it moved down the trendline. In afternoon session it came to retest the trendline but was pushed back below the line. Now this path may be followed on 12th of Aug. Please careful, exit with small profit. Regards
It looks kotak bank is in 4th corrective wave. It may decline to 1620 max and will form 5th wave afterwards. it may also be possible it has started its journey towards 5th wave. Please like and follow if you liked it. Regards
It looks like SHRIRAM TRANSPORT is in 4th wave and may proceed for 5th wave 1283 may be the SL and target indicated with the green line. Please do your own analysis before taking the trade, I can be wrong and you may be in loss. Please like and follow if you like it. Regards
AMARA RAJA BATTERY (Good Risk Reward) AMARA RAJA BATTERY had broken out of the parallel channel with many testing before it penetrated the channel. Now it has come for retest of the channel support and buyers have pushed the price upward. It looks a good risk reward investment idea. Please do your own analysis before any trade execution. Please follow and like...
Reliance A has completed Will go for a of B now. all levels are mentioned in the chart. do your own analysis before executing a trade. Regards
On leading indicator it is showing "Tandav for Seller" on Expiry...! Put Seller will be rewarded on expiry...! Remember Risk is of yours only I may be wrong. Regards.
if the trendline is broken above the banknifty will be more bullish...36k is no far
BANKNIFTY MAKING NESTED INVERTED HEAD AND SHOULDERS... LOOKS IT WILL CROSS 37K MARK THIS TIME...! REGARDS