Breakout in Vodafone Idea, levels & stop loss in the analysis. #vodafoneidea #idea #stocks #stockmarket #elliottwave #trading
#BANKNIFTY Short-Term Positional View ( 1 - 3 months):- Let me post what I see: a double zig-zag painful correction in the market, where positional buy is only above 42,000 levels (closing basis). People will get trapped on both sides and until and unless, you are ready to read this complex correction in a minute way, making money will be challenging in the...
#banknifty analysis for the short term:- Expanding Rising Wedge:- A triangle is a sideways corrective wave with sub-waves labeled A-B-C-D-E. In most cases, all the sub-waves of a triangle are zigzags or multiple zigzagsTherefore, we call the triangle a 3-3-3-3-3 structure. Looking at the structure, we expect selling pressure from the upside, which will drag the...
BN has given a trendline breakout of upside, as long as 40,348 holds, there are no shorting opportunities. Wave 3 is in progress, monday will see a gap-up opening and the index will face resistance in the zone of 41,729 to 41,979 area. If wave 4 triggers, we might see a correction close to 41,000 area, followed by the next upmove till (min) 42,344. Always trade...
#banknifty:- Setup for this week look bullish, wave 3 must be encashed for max gain. SL is the recent swing low. Regards, SG
#banknifty Triangle Formation on the lower time frame, high probability of #banknifty touching the falling trendline, before next move. #learning:- Contracting triangles are the most common type of triangle. When they’re in the fourth wave position, they predict an end to the entire trend with one more wave (fifth wave). Rules (these are “hard” rules; they...
#banknifty on multi Time Frame analysis:- Elliott Wave Double Three pattern on Daily T and wedge breakdown on monthly chart and pullback did. #elliottwave The analysis will get invalidated if the budget day high is taken away. Regards, Sg
#banknifty:- Looking at the structure, I don't see any further weaknesses until we close below 39,500 on a closing basis. Regards, SG
#banknifty :- Weekly view (Week starting 9th Jan'23) Looks like the complex correction in the 4th wave is in progress, last 2 days of fall were an impulse, which will be followed by the ABC correction, which gives a target of 42,928 on the upside. Regards, SG
#banknifty Weekly Time Frame Analysis:- 5th Wave in progress, ending diagonal formation in progress, which gives a target of 46,146 on the upside. Once wave 5 is complete, then only will think of any major correction, which might be after the budget. Crisp and clear, this doesn't any clarifications. Regards, SG
#banknifty is struck in the RANGE. How do you trade? 1. Play the range:- SELL straddles, SELL Strangles, SELL IRON CONDOR. 2. Wait for BREAK and go for directional trade outside the range. Trade with low volume, nothing much to do in the market in the month of DEC. Regards, Subhag.
#banknifty analysis on hourly time frame:- Laxman Rekha 41,840 (above positive and below negative) Friday DOJI on Daily timeframe on multi-year breakout 41,840, showing bulls are not confident on breakout and bears doesn't have the conviction to short. Friday LH - 41,918-42,345, any side 15 min candles close can give you 500 points. Lower time frame, 5th...
#banknifty has been trading in a tight range for the last 9 days, the structure looks like losing strength. Next week, I would rather stay cautious at the higher levels, as market participants are bullish.
#banknifty weekly TF analysis:- Let me post what exactly I am seeing on Weekly Chart:- We have come out of triple combo complex correction of the 4th wave and currently, the 5th wave is running, the bare min target of this wave is 47,570 and the invalidation level is 32,290. We hope to see these levels in the next 6 months to a year. Regards, SG
#banknifty Lower TF:- People will be more interested, in what I am seeing here. Wave iii is expected to get complete around 42,033 area and wave iv you can expect 40,650, followed by the next upmove till 42,854 Invalidation 38,438 #elliottwave Regards, SG Higher TF analysis:-
#banknifty Can Reach ATH by Diwali if 40,650 HOLDS? After two days of consolidation above 40K, we might head toward further upmove!!!y Fasten your seat belt, if today's high is breached. #nifty #Elliottwave #elliottwaves #stocks #StockMarket
#banknifty is expected to take support from the 38,399 - 38,434 area, before moving towards the 41,800 journeys. Still, I am not bearish on the index!!! Regards, Subhag #stockmarket #stocks #investing #trading #investment #money #finance #forex #invest #nifty #investor #business #sharemarket #financialfreedom #bitcoin #trader #cryptocurrency #entrepreneur...
#US30 Dow Jones, recovery is on cards and 32,185 to 32,900 is visible on the chart, before the next leg of correction. Regards, SG