Hdfc ltd spot cmp 1941 good short candidate in range 1940 to 1970 view gets negated above 2000 levels on closing basis counter can fall to levels of 1880-1860-1840...
Bajaj finance :- Darvax box consolidation are peak levels, Rising Wedge pattern,, Bearish harmonic Shark pattern fomation, Bearish divergence on RSI indicator,, 50% Time and Price retracement,, Breaking below 3190 which is support as per darvas box and also trend line support of rising wedge pattern,, and sustain would lead to fast and furious fall,, for...
Nifty finance bearish harmonic ABCD pattern formation,, bearish Wolf Wave pattern formation,, breakdown from trend line support of rising wedge pattern,, bearish divergence on RSI indicator,, have probability to fall by 800 to 1000 points,,,
Nifty pvt bank index have formation of bearish harmonic ABCD formation,, and given reversal from the same levels,, bearish wolf wave formation have given breakdown from trend line support,, nearest last support around 12300 levels of 200ema, breaking this would lead to fall of 1000 to 1200 points fall in this index.
Dow jones weekly time frame probable wave counts,, possible trend change in upcoming days,,can see fall of 10-15-20%
Dow jones currently in corrective wave B,, which might face resistance from current levels to 26500-27000,, view gets negated above 27500 levels,, down side if corrective wave C unfolds that index might face water fall of 10-15-20-25% from current levels,,,
Dow jones 240 mins wave counts,, index can face resistance around 26000 to 26100 levels,, from where corrective wave C might unfold and lead index to levels of 24000-23500-23000 in 8 to 12 trading sessions
Nasdaq wave counts on 240 mins time frame,, 10500 will act as good resistance as per trendline,, wait for small reversal and soon corrective wave a-b-c might unfold,,,
Nasdaq weekly time frame elliot wave counts,, wait for reversal of price till it re-enters the resistance line of rising channel patter in green dotted line,, below that if gives weekly close index might give water fall of 10-15%,,,once the condition is met and if counts are active,, maintain stoploss of recent peak..
DAX WAVE COUNTS ON DAILY TIME FRAME,, WAIT FOR REVERSAL,, OR RESISTANCE OF RISING CHANNEL,,BREAKING THE RISING CHANNEL FORMATION INDEX CAN GIVE WATER FALL OF 5-7-10% ,, IF CONDITION MET AND ANY ONE TRADES,, VIEW GETS NEGATED ABOVE RECENT PEAK,,
DAX WEEKLY WAVE COUNTS FOR EDUCATIONAL PURPOSE,,, WAIT FOR REVERSAL CONFIRMATION,,, ONCE BELOW 12200 WEEKLY CLOSE CAN GIVE CORRECTIONS OF 8-10%,,,
Escort either wait for intermeditate channel breakdown and go short or wait for counter to reach higher end of channel to go short counter is loosing steam at higher levels,, can fall swiftly to levels of 900,,800
Nifty spot on 60 mins time frame Nifty have given breakdown from rising channel pattern, retest of the previous support line which will now act as resistance possible (10180-10210) view gets neglected above 10290 levels down side as per elliot wave impulse phase of wave are completed and soon corrected wave may unfold which would lead nifty to much lower levels,,
Bank nifty spot above 21310 good to go long,, for 21600-21700 Bank nifty spot below 20975 good to go short,, for 20770.. below 20770 if sustains than swahaaaa
Nifty on 240 mins time frame wave 4 unfolding at the moment if 9966 levels is preserved,, still chances of wave 4 extending till levels of 10560 to 10600 levels below 9966 levels if sustains , current peak will be marked as wave 4 and here on wave 5 will take charge,,, smaller time frame levels to be watched 9880 which is peak of 30 april below that 9770 where we...
Elliot wave,, rising wedge,, rsi negative divergence,, bearish marubozu candle formation all suggest bearish view on counter ,, view gets negated above 2850 levels down side 2650-2580-2520 possible
Auro pharma good shorting candidate as per elliot wave study view gets negated above 800 levels down side 680,,,660,,640 levels possible
view gets negated above 955 levels,, else fall of 10-15 -20 %