In my pursuit of learning, I found these Fib retracement levels. 50% retracement has already happened once and from the way external risks are emerging, it does seem that another 50% retracement is on the cards from ATH. Please critique, share feedback, comments. This is my observation as part of my learning and doesn't qualify as a trading or investment recommendation.
Hi, saw this formation and thought will check with the larger more learned community if something like this is a possibility? Please feel free to critique, laugh it off or whatever you do best.
As per the channel, Nifty has resistance at 15750-15760 levels. Incidentally this level also offers resistance on certain higher time frames. However, SGX nifty closed in green on Friday at 15817. Will Nifty replicate this level on 5th or will SGX adjust to this resistance that Nifty will face? Note: this is for my own learning and feedback from other users,...
A cup has formed on nifty on a weekly time frame. I do not have the knowledge or the experience currently to predict if it will form a parallel handle or a downward looking handle or a smaller cup. This also contradicts my earlier post where I had mapped the Elliot wave and projected a correction from the current levels. Please do give feedback. This is for my...
Hi. I'm publishing this post as part of my self learning. This is purely published to get critical feedback from the community members. Please do not trade basis this analysis. If you choose to trade, the same shall be at your own risk. Please do share your feedback and point of view on how this can be improved upon. Thanks