nifty50 View ~~ short below 17750 & long only above 17800#nifty50 Prediction for coming days:
Correction not done, my view still Bearish:-
1) Best shorting level 17700-17720 for tomorrow
2) Postillion long only above 17800( invalidation level)
3)#Nifty will touch again LL level (17188) in coming days
Wave Analysis
wave 4 correction still running
today we see one good move in up side this was b wave
after done maybe we can again see 17200 levels
Note :- After wave 4 correction we see 18500-19000 levels in coming months
Investment
AdaniPort Both side move possible~Short 850>770 & Long 770>950 AdaniPort
Elliot wave analysis
1) (a) 1 Day time frame Wave 4 Complete and Wave 5 start this time
(b) Wave 5 Target 1012-1050 Around
2) 2 hour tf Wave 1 Done & this time Adaniport at correction mode
(Wave A Done, B wave Still Running, Wave C coming soon)
3) Big opportunity for inverters those miss dip entry
Swing Trades ~~
1~ Short 850-870 Target-798 &770
2~ Long Around 770-800 Target 1012-1050
Note:~~ 890 chart Invalidation Level
Elliot Wave Explanation (I) ~ live Example CrudeoilFibonacci Extension & Retracement Ratios:
• Wave 2 – Retracement
◦ 50%, 61.8%, 65%, 78.6%, or 88.6% of wave 1
• Wave 3 – Extension
◦ 161.8%, 200%, 261.8%, or 323.6% of wave 1
• Wave 4 – Retracement
◦ 14.6%, 23.6%, or 38.2%, 40% of wave 3
◦ Ideally it should not exceed more than 50%
▪ If wave 4 does exceed 50% of wave 3, consider a different count, but do
not rule it out
• Wave 5 – Extension
◦ Equal (100%) to wave 1
◦ Wave 5 is 61.8% of waves 1+3
Rules:
• An impulse consists of 5 internal waves.
• Wave 1 and 5 always have to be an impulse, or a diagonal (Leading for wave 1 –
Ending for wave 5)
• Wave 3 always has to be an impulse.
• Wave 3 can never be the shortest wave
◦ It can be shorter than wave 1 or 5, but never the shortest
• Wave 2 cannot retrace more than 100% of wave 1
• Wave 2 can be any corrective pattern
◦ Except a triangle
• Wave 4 can be any corrective pattern
• Wave 4 can never move beyond the end of wave 1 (Otherwise it is a diagonal)
Guidelines:
• Wave 1 is the least common wave to extend
• Wave 5 should end with momentum divergence (RSI is the simplest oscillator to spot
this)
• Wave 5 can fail to go beyond the end of wave 3
◦ This is called truncation, but it is not very common
▪ Truncation gives warning of underlying weakness or strength in the
market
• Wave 3 usually has the greatest extension
◦ Occasionally two waves will extend
▪ Never will all three waves extend
• When wave 3 extends, wave 5 tends to equal wave 1 in length
• Waves 2 and 4 tend to create alternation between each other
◦ See last page for more details on alternation
• Wave 2 typically retraces to deeper levels of wave 1, than wave 4 does relative to
wave 3
• Wave 2 usually forms as a zigzag or double/triple zigzag
• Wave 4 usually forms as a triangle, double/triple threes, or at
• Extended waves can contain exaggerated subdivisions within them
• Usually two of waves 1, 3 & 5 exhibit a Fibonacci ratio
• Channel lines and Fibonacci targets are inferior to the wave count
• In most cases, wave 3 has the highest volume
◦ If volume during the 5th wave is as high as the 3rd, an extended 5th wave is
expected
EmamiLtd ~~ CP~ 485 Target 520-540 #swingtradesEmamiLtd. Good stock for swing trades
1. Emami make head & shoulder pattern and breaked with good volumes
2. Ema-mi Ltd. consolidated at channel in since a long time and breaked channel in some days before.
this time at retest formation
CP~ 485
Target - 520-540
AUS200 - Major selloff expectedG'day Traders and Investors,
Note: Before reading this, I would like to declare that this is not a financial advice, I am not financial advisor. Any mentioned information is for education and entertainment purposes only and based on my trading and investing strategy. . I may or may not act according to this analysis.
AUS200 extended gain continuedly from the last few weeks during August reporting Season since Investors are so hyped with company's profit and dividend. However, expecting major selloff once profit has been declared and dividend received. In addition, with the fall of US market SPX500, NASDAQ100, DOW30.
If you like the idea, please like and comment. Many thanks for your support.
Cheers!
Jimmy
SOLUSD - Short to $20 and then Long G'day Traders and Investors,
Note: Before reading this, I would like to declare that this is not a financial advice, I am not financial advisor. Any mentioned information is for education and entertainment purposes only and based on my trading and investing strategy. . I may or may not act according to this analysis.
If you like the idea, please like and comment. Many thanks for your support.
Cheers!
Jimmy
TTWO - 40 % Shorting Opportunity is Soon to Present Itself?Fundamental Indicators:
Sector – Communication Services
US Business Cycle Stage – late cycle, when this sector is neutral
Revenue- consistently growing since 2015, average 5-year rate at 16%
Profits – significantly dropped compared to 2021 by circa 60%
Net margin - significantly dropped compared to 2021 to 4.26%
P/E – extremely high at 131 compared to S&P500 with 21
Liabilities - debt ratio is at 0.46 which is within normal limits, Net Debt/ EBITDA is at 3.06 – no problems with debt
Conclusion – it is very likely to continue correcting deeper
Technical Analysis (Elliott Waves):
Main scenario of this idea suggests that we are still observing development of the global growth cycle which is currently in the corrective stage of wave 4 (see higher timeframe graph)
The bear move that has been developing since the historic high is likely to be just the first leg of this global wave 4 which can be counted as a complex WXY sequence. Where wave W is a double zig-zag, wave X is a Running Triangle, and wave Y has seen its W and X legs almost completed
The target for the final wave Y is around $86 which is at the 0.618x Fibonacci retracement level of global wave 3
This is a higher timeframe to reflect the full history of TTWO and to provide full wave count:
What do you think about TTWO and its short term prospects?
Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves.
Thanks
First target is 349%Ardor (ARDR) is another of my investments since 2018, but it is still in good buy zone . This is trade (investment) setup on larger timeframe.. I am not looking to reach any of targets very soon, that could be year(s). I will sell most of my capital on targets 2,3,4. Small portion will be sold on Target 1 and hopefully on targets 4 and 5.
Entry Zone: 0.10 - 0.13
Buy Zone 1: 0.04 – 0.56
Buy Zone 2: 0.0082 – 0.18
Target 1: -0.632 – 0.725 (349%)
Target 2: 1.08 – 1.18 (670%)
Target 3: 1.47 – 1.60 (947%)
Target 4: 1.91 – 2.01 (1264%)
Target 5: 2.59 - 2.74 (1732%)
MSFT: Investment in stock marketI decide to make an investment in Microsoft stock because it's look bullish from this monthly timeframe. But when we invest in stock, it's very important to read ever fundamental analysis to know what affect the price of a stock. I will trade when market open at Monday, August, 8, 2022. Bought in the market price and my SL will be around $228 USD, and we could to have 2 targets.
One of the best strategy to accumulate money and investing in stock market it's find up 100% of the investent to double x2 yearly. But one of the best it's using asset like Bitcoin, Ethereum, Cardano to accumulate to use one of them using a good crypto-broker like Simple FX, Also, 200% yearly it's a good way, but combining to trade financial market and find up the yearly goal.
I hope that this analysis support you!!!
New stock in the portfolio Good evening fellow investors.
If we just look at the fundamental data that we got from the company in March we can see that the fundamentals are overall very good and that most of the earnings and incomes are increasing and the difference between the assets of the company and the liabilities are getting bigger which is also a good sign. Overall for me the company at the moment just looks to good to skip and not invest into it. I did already buy some shares @$199.00 and I am looking to buy some more maybe. First now I will be waiting the see how the price will react when we get back up to the wedge that we can see on the chart.
If we get a break of the support zone that we see on the chart I will be looking at it all again because as I see it now we will not be breaking that level. I also think that we won’t retest that level the next months.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
$BTC 👀 – 07/27/2022 #WaveRecount$BTC 👀 – 07/27/2022 #WaveRecount - 📸 🚨
📌 Let me first say, #ElliotWaveTheory wave counting is #subjective. When rules are invalidated by price action, you simply pick yourself up, brush yourself off, and you revise the wave count (recount) accordingly.
📌In this case, upon release of the #Feds decision to #hike the interest rates by another 0.75 #percentage #points. The #DXY (US Dollar Currency Index) , plummeted meanwhile #stocks #indexes #cryptocurrencies rallied.
⚠️ For $BTC specifically, I am subjectively considering the overall corrective wave B (in black) finished; as the break-and-close above $22,264.81, represents a #BreakOfStructure and invalidates the idea of an extended corrective wave c (in blue).
📌 We are now currently working on corrective wave C (in black), which is #bullish impulse wave of 5 swings. Therefore, I recounted the waves and relabeled them accordingly (see the updated screenshot).
🎯 As we are already in Impulse Wave i (in blue), we could enter ('Buy Positions') on the completion of corrective wave ii (in blue) after either 3-7-11 swings down.
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 View My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #StrongDollar #FOMC
Trident Penny Value investingTrident is fundamentally good diveesified company
after making high of 70 from lows of 3rs, it has retraced around 50%, i.e. 36.75
This seems value are, one can accumlate at this price for long term, if it comes lower add more.
Good company as penny investment. maximum 10% of your portfolio.
Targets : 70,100 and much more
-Saptarish Trading.
Opportunity to make some money Keep your eyes on matic in coming days. it's potentially ready to drops around 26% !
Invest with confident!