BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Axis Bank could potentially be in the beginning of the 5th wave according to EVT. Trade at your own risk!
ITC could potentially be in wave 5!
Target 1 - 240
Target 2 - 270
Looks like we are in the 5th wave according to the Elliot wave theory and moreover there is a negative RSI divergence as well. Indicating weakness in the momentum!
It has broken the weekly trendline.
Elliot Wave - Potential 3rd wave in Monthly Chart
Weekly Chart -
Daily Chart -
BUY ONLY ABOVE THE YELLOW ZONE. T1 - 1530 T2 - 1570 SL - 1345
Trade at your own risk.
Ascending triangle + Cup & Handle pattern. Buy only above 1000-1020 zones.
Take position not risking more than 0.5% on a single trade.
Explained in the video. Follow my profile for more updates!
Rising wedge with negative RSI & MACD Divergence spotted. Trade only when the trendline is broken. Strong possibility that nifty could head till 11,700 and then fall so just keep track of it.
Weekly Chart analysis here ->
PRZ - 16200-16225
Target 1 - 16050 , Target 2 - 16000, Target 3 - 15935.
These resistance levels are the potential targets on the upside!
PRZ - 75.310/75.320
Target 1 75.365
Target 2 75.395
Potential deep crab on USDJPY. If Point C is broken then this structure is invalid. PRZ 119-121. Target 1 - 115, Target 2- 112.5
Bullish divergence in weekly chart. Price above the trendline
Classic AB = CD pattern in Bank Nifty. Long @ 16400-16500 levels. Ironically, that zone is close to the previous low made in March.
Falling wedge in SBIN and PSU index is also showing a falling wedge. Buy only above 165. Target 220-240
Strictly buy only above the trendline. Target 65, 73.5 & 81.5
Buy not triggered yet. If breached above 365.
Target 1- 405-410
Target 2 - 435-445