ADANIENT on the daily chart has witnessed a triangle pattern breakout and prices are trading above the resistance zone. Stock is trading above its 9 & 21 EMA and momentum oscillator RSI (14) has witnessed a range breakout above 50 levels with bullish crossover. This bullish pattern will be neglected If prices closed below the 1800 levels
The prices on the daily chart have given a consolidation breakout and presently trading above the upper band of the pattern. The stock has crossed its 21-day exponential moving average which is placed at 326 levels. The RSI is reading above 60 levels with positive crossover. The resistance for the stock is placed at 367 levels and support for the current pattern...
Stock on the weekly chart has given a bullish rectangle pattern breakout and prices are trading above its trend line resistance. Post breakout prices are consolidating above its trendline and sustain above its 21 – day exponential moving average. The momentum oscillator RSI (14) is reading above 60 levels and has given breakout above its trend line...
KEC on the weekly chart is consolidating in a symmetrical triangle pattern from past three months and the prices are getting squeeze within the triangle pattern. Prices has witnessed a breakout out of a symmetrical triangle pattern and due to the sharp price surge stock is trading above its 9 & 21 WEMA. In the lower pane of the chart, the Relative Strength Index...
Reliance on the weekly chart has given a breakout of an ascending triangle pattern and presently prices have revisited near its trend line support. Counter is trading above its 9 & 21 WEMA which is placed at 2600 and 2560 levels. In the lower pane of the chart, the Relative Strength Index (RSI) oscillator which measures the strength of the trend is reading above...
Currently in 4th wave of 5 WAve structure And this 4th wave expected to go Above Recent high of near 18100 upto 18200-18300 and After that it will come down for 5 WAve which expected come down 500-600 points from the high of 4th wave Note : if Nifty close below 17500 structure will be change Again
If nifty break 17750-17775 and sustain above it then this correction expected to extend AGAIN... IF Turn it's trading as per CURRENT wave structure and will expect come DOWN one last time Wait n watch
As Per Current Movement of nifty , this correction expected to tommorow or on Wednesday...Avoid shorting untill nifty Sustain below 17000 ( 5 percent chances ) This Correction expected to end near 17350 or 17150
NOT THE END OF CORRECTION MAYBE 4TH WAVE OF FINAL CORRECTION IS UNDERWAY AND LAST LEG OF CORRECTION EXPECTED TO START NEXT WEEK OR ON MONDAY WHICH EXPECTED TO TAKE NIFTY 17200-17350 Note if nifty crosssed 17860 ( like previous ) without completing 5 WAve structure it will again Expected to come down...and nifty will Extend Correction
HDFC BANK SIMILAR TO NIFTY CHART Similarly Trading in FLAT CORRECTION.. HDFC COMPLETES B WAVE AND EXPECTING STARTED 3 AND CWAVE WHICH EXPECTED TO COME DOWN ATLEAST 1445 IN 5 WAve This will also create struggle to Bank nifty
NIFTY NOW IN FLAT CORRECTION CURRENT RUN EXPECTED TO GO CASE 1: 18000 Case 2 : 18180 Case 3 : 18500 And after that nifty will come to complete correction to levels 17350 or break the current low Note : if nifty break 17300 before going up Correction will go upto levels 16800
Hindustan Unilever Is In A FLAT CORRECTION CORRECTION, and it will expected to Complete till December as show below( tag , posted in MAY 2021) NOW Stock expected to come down to levels 2370 to complete it's Finale wave
As per Current move , nifty needs to corrects and go below 17000 one time but NOT sustend below 16800...SMALL cap expected to Outperform
Silver Now completing Monthly Timeframe Correction to levels 18.45...Once it's done silver expected to Bounce to Levels 25+
Nifty IT corrects almost 35 percent from the top, so that bounce also expected to be Big, ie near 20-25 percent from recent low created of 26300... Bounce back expected to levels 31500 , 32000 or 34500. And To complete Full Correction it will again fall to below levels of 26500, expected to levels of 24000 And this all expected to done till July 2023
NIFTY is In best position to go long at current price for target 18000 till December with sl 15200...
Nifty Completes Pricewise correction and also completed Timewise correction as per Waves...now new structure IMPULSE move expected to start soon..
Nifty Completed Daily timeframe Correction on pricewise and now it will expected to start new EMPLUSE Move....can go down upto levels 15800 but will expected to Bounce Very sharply...