Indusindbk (NSE) - It is within corrective cycle B wave and one more down wave c of y of B wave will be traded after bounce of b wave completed. Sell with stop loss above 632.40 near 618-24 zone for target below 590. Thereafter it may turn bullish. Give thumbs up if you really like the trade idea.
Infratel - It is in very choppy within 4 hr time frame with down sloping price action and under-perforing the Nifty since long. So it is good sell candidate in small bounce of B wave for C down within ABC zigzag cycle. It may even extend the losses for bigger (Y) wave down, but need more confirmation. sell near 188-86 zone with stop loss above 195.05 for target...
Welcome guys, CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis. ZECUSD - It has completed in choppy up trend, where it completed one down cycle as impulse wave A and correcting in wave B. Dump...
Welcome guys, CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis. ADAUSDT - It has completed ABC zigzag in 2 hr time frame. It droped in impulse A wave down and correcting in B wave, which may...
ICICIBANK - It is in ABC zigzag up move from last bottom in 30 min time frame, which is probably start 4th wave of C soon. Buy near 389 for target above 410 or slight higher. stop loss should be below 382.80 for the trade, because below this price level it turns bearish. Give thumbs up if you really like the trade idea.
EICHERMOT - It has completed impulse at last swing high and now correcting down the price. Within correction it is forming ABC zigzag up move, where B wave as expanding triangle is under progress. Buy the drop of e wave of B wave triangle near 2170-2150 zone for target around 2300. It may reverse than for (Y) wave down along with Nifty. Give thumbs up if you...
Reliance - It has completed impulse cycle up from major low in 4 hr time frame and correcting down from last high in 30 min time frame as ABC zigzag down. 2nd wave of C wave is in progress, which may bounce up to 2250-80, which is good sell for target up to 2100 or even lower, with stop loss above 2310. Give thumbs up if you really like the trade idea.
AUD/USD (AUDUSD) is in C wave down in ABC zigzag pattern from last major top. The B wave has ended in triangle. The 1st wave of C was diagonal structure, and 3rd wave down is now in progress. It should be going down sharply as it broken down triangle. Keep the eye on invalidation level.
Ethereum (ETHUSD - Bitfinex) has completed B wave in complex WXY correction as expected and now moving up in C wave, which is around 246 level target zone to complete as equal sized with wave A. wave 1 already over and 2nd wave is under progress, which probably go deeper more. Thereafter swift 3rd wave will start moving up.
US Dollar Index (DXY) has completed (W)(X)(Y) in 4 hr time frame. Now it is moving up in ABC zigzag move, which is shown in 30 min time frame. It has completed A wave impulse followed by B wave zigzag movement. Now moving up in C wave. It is in 3rd subwave of C wave. Invalidation level must hold to retain count.