Nifty - intermediate trend analysisNifty analyse in one hour. expecting to touch its C Zone. Presently quoting B-C wave. C wave is impulsive wave.
Bill Williams Indicators
Nifty long term viewNifty is now its strong resistance zone. I am expecting Nifty may correct around 7 to 8%. Nifty may retest several times to its resistance zone.
Gold short term selling opportunity. Gold in 30 mins or 45 mins absolute entry we can take short position with support zone is its target.
GOLD - UPTRENDFurther to its uptrend, GOLD may take short correct to its support zone before it moves further.
CRUDE = FALL CONTINUES?CRUDE - Now it is trading down side. Shown support zone. if Crude takes support then new wave count may start. if the support zone broken then, the next target is around $ 45.
BANKNIFTYIn smaller time frame, any absolute sell in 5 mins we can initiate short position as it is now close to resistance. Important Note- sell only absolute sell signal.
BankNiftyBanknifty now is trading between support and resistance. The direction will be only clear once it break the zone.
GBPUSDBuying is less risky than selling at this level because low price has been rejected many times at this level. The move can go either way, but i will rather go for a long than a short
IBULHSGFIN - INTERMEDIATE TRENDIndia bulls Housing finance intermediate trend may take support @240 levels
BANKNIFTY Generally, 2nd wave and 4th wave very complex waves to trade. As 2nd wave created pattern, I am not expecting 4th wave will create any patterns. if so, then, from 4th wave it is straight fall with GAP heading towards 5th wave. and 5th wave is impulsive wave fall very sharply. watching closely after its targets.
EURUSD Intermediate uptrend.Expecting Target for EURUSD shown. Presently it is running 4th wave of BC and 4th wave is complex pattern formation wave. I am expecting at current levels EURUSD, may halt to create some kind of pattern before it moves to upside to complete B-C.
DJIDOW IS entering its Millennium resistance zone. Dow is going to enter into its biggest bear phase.
EURUSDIN EURO, Intermediate B-C wave is performing which is impulsive 5 wave. presently it is running 3 wave downside. once 3rd wave completed, it retrace A-B-C wave which is very volatile waves. expected Target shown as 4 wave.
GOLD intermediate trendGold took resistance @1585 levels and corrected 4th wave, Now I am looking any good buy signal to enter long. I am expecting from this levels GOLD may go up.
CRUDE OILToday crude oil broken its support zone with GAP. May try to fill the GAP. as of now Crude oil is in NO TRADE ZONE. if it retrace and then showing weakness then we will take short position.
GOLDGOLD reached its resistance zone. we need to watch closely from here. if it takes U turn from this levels, then we get on selling opportunity. Above 1615 levels, Elliotwave count nuggets and will start pushing market higher high.
