Bullish for mentioned levels above 212 if holds, also be cautious at 214 where falling from 214 to 215 can form a hypothetical HNS pattern. Regards
If fails to hold 14112 level then it can crack further towards 14055/14005/13966. Regards
Weak for 5210 and 5167 if sustains below 5260
Levels on the chart. Do like and support for more such ideas. See my other charts for simple and highly accurate setups. Regards
Hello everyone, we were bullish for nifty since a long time, I always suggest predict little, just go with the flow. As a trader, you shouldn't worry where Nifty50 is heading, you just trade the trend. Find opportunities to go in the direction. Look for precise entry and exit. Right now, longer time frame suggests that the bullish trend is still intact and if...
Cipla might test 850/860/870 with initial target of 837. Regards
Seems bearish below 475 if sustains for 467/462. Regards
Sustaining above 2751 might push the scrip towards 2793/2823. Regards
Watch for 504/517 levels now. Regards
I am not anywhere bias to this scrip, personally, I would look to go short at higher levels near 3700 -3780 if gets some confirmation or go long if get confirmation around current levels. Right now, just wait and watch. Regards
Nifty50 has potential to move towards 13960 and 14055 from current levels. Regards
he scrip seems to be bullish for 5600 and 5700 levels. Regards
Seems weak for 2652. Regards
Trend is forming a similar structure to bullish ascending triangle and moving in a channel. One can look for bullish setup. Right now, entering at the current levels would be risky because short-term trend looks still bearish. If you blindly enter, then trent can become your enemy. :p Around 632 seems firm support, it might be difficult to break those levels....
The scrip has potential to touch 1585 levels after breakout. Regards
In my previous idea, I was looking for wave c for downside, but looking at this move it seems a new impulsive wave, sustaining above 12689 will push towards 12741, ATH and 13884, also 14055 is possible. Link below for previous idea. Regards
In the previous idea, I already labelled the potential Elliot wave for the previous structure. Now, the low at 1855.25 seems to be the end of wave 2/ corrective structure. Sustaining above 1958 will push towards 2009/2040/2085 for intraday to swing. Upper levels in my previous idea are still valid till it doesn't break 1835. Link below for the previous idea Regards.
We can witness bounce back for wave B, and then again a good fall towards 12950. Be patient and Trade between the levels. Regards