ADX:EAND As I said in my earlier short-term view of EAND Analysis that I think Emirates Telecom Group Company (Etisalat Group) is near at the end of it's bearish trend. It's in final phase. I don't think it will go below 15.50 now. Still have to be careful when take position in this stock. My entry level is 19.58. Which is Higher High level from current...
ADX:EAND I think Emirates Telecom. Group Company (Etisalat Group) is near the end of it's bearish trend. It's in final phase. I will upload next long term analysis also. I think to take position in this stock it's better to wait till price to go above 19.58 to enter. Target: - Short term target is 21.35.
NASDAQ:IXIC I think Nasdaq composite is in XX Wave right now. No one can predict this wave how long it will be what kind of structure will unfold in this structure. Two Possibilities: - 1] It's in control range within main range. where price retest at resistance of control range. So, maybe price will go near 13500/- for retest and then go up near 13800/- After...
OANDA:XAGUSD Completion of impulse wave. Broke out of parallel channel. Now I think it's in abc correction. There are possibilities that the silver will form right shoulder of head and shoulder pattern near 50% retracement of impulse wave.
ADX:ADCB I think Abu Dhabi Commercial Bank is near end of it's bearish trend. It's a triple three complex correction. which is wave WXYXZ form and I think it's in wave Z. Abu Dhabi Commercial Bank is near the end of bearish trend and soon stock will start moving up. To complete the triple three complex correction in this stock price has to go below 7.63 which...
I think that the LIC Housing Finance right now in overbought zone and must correct to near at least minimum near 430/-. LIC Housing Finance rising for near consecutive 7 weeks in green and also 7 months in green, MACD AND RSI is weak in hourly charts. stock price is rising but indicators not. So, I think there is possibility that this stock is ready for correction...
TADAWUL:2222 SAUDI ARAMCO clean structure on chart. Extended wave 3 is completed. Now stock is on correction in wave 4 I think stock will take few more weeks to complete the wave 4 correction. Now I think there are more than 2 possibilities. I have shown 2 possibilities in chart. 1) First possibility is that stock is in wave 1 of extended...
TADAWUL:2010 Saudi Basic Industries Corp. can break multiyear consolidation but there are two alternatives this is one possibility which I have shown in charts. In both possibilities SABIC should have to go below 59.5 in spot market to end multiyear consolidated bear trend. Then I think SABIC will be in bull trend. Entry: - 1) If Stock goes below 59.5 then wait...
If Drreddy breaks above 5588 and go Higher high, then MAYBE it will go near 5630 and after that tgt 2 is 5695.
NSE:VEDL VEDL is consolidating for near 13 years now. For these many years consolidation means complex correction in Elliott Wave Theory. I label the counts on chart it's clear that VEDL is on last phase of WXY corrective wave. But wave Y is not yet completed I think. I think VEDL will go near demand zone at least for completion of wave Y which is also...
Today nifty gap down from the resistance of value area (Range) and touched control value area or small range within big range's and acted as support for price and form doji. Because of Doji market is uncertain to predict because of Island reversal too. To increase the probability of the prediction that the market or trend reversed or not yet. price must have to...
TVC:NI225 Nikkei 225 index is in range. Price was rebounding and reversing on support & resistance. recently price gone outside of value area tested strong support value area (Sky color) near 30700. After testing 30700 market was on fire to inside big value area (Range). It's sign of buying in market. Nikkei 225 MAYBE will go more upside near 32850 or 33000...