Monthly Break out + High volume + Positive MACD Divergence.
details mentioned in the chart.
IOC may likely double or even triple from current levels. SL below 70
Looks like we are in Wave 3 according to EWT in the daily chart in ZEEL
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