HomiPatil

HomiPatil

After a good runup, Ethereum is showing a zigag pattern and plotting standard Fib Extension targets show targets below $900 Also, Inflation concerns, Unacceptability of Major economies and taxation issues can contribute towards this correction. BITSTAMP:ETHUSD

HomiPatil

If we are in correction zigzag, this could be starting of wave c and standard targets and channel suggest levels of 31000.

HomiPatil

Channel support nearby, Support hasn't confirmed yet, but aggressive investors/Traders could buy this dip.

HomiPatil

Standard target for wave 5 of Impulse Wave is 0.618 of wave 0 to 3, and it is exactly at 18600. We may soon see new All Time High. We could see a possible correction from there.

HomiPatil Updated 

Head and Shoulder pattern with breakout and retest in Asian Paints. We could see targets of 3180 in coming days.

HomiPatil Updated 

After a ZigZag Correction, Bulls are back. As we can see an Ending diagonal forming on Wave C on correction which marks reversal of bearish trend. We can see new ATH soon. 18500-600 Would be our Targets.

HomiPatil Updated 

After a big bullish Impluse, BankNifty is correcting. We could see formation of wave C at 40000 levels, If it Indeed is Wave C and retraces at standard Fibonacci Extention of 0.786 from 40000, We could see Bank Nifty falling to 37500 levels.

HomiPatil Updated 

BankNifty broke a Channel it held since April, Also on smaller timeframe Impulse wave shows Formation of Fifth i.e Bullish wave If standard Fibonacci Extention for fifth wave is used, We can see 41200 as Next level from where we can see a correction/ consolidation