DeepuPrabhakarTrade

DeepuPrabhakarTrade

Nifty50 Tuesday 25/04/2023 trading levels . This breakout strength will only be confirmed by the end of this week. So it is still good to trade in small quantity.

DeepuPrabhakarTrade

#Banknifty Tuesday 25/4/2023 scalping levels The market has given us a breakout to the upside trend, but I personally don't think this breakout will give much upside movement. Let's see

DeepuPrabhakarTrade

Checkout Nifty 50 scalping levels in Monday section.

DeepuPrabhakarTrade

Checkout the scalping plan for Monday trading section .

DeepuPrabhakarTrade

Hey, we had a range day today and it didn't feel like much. If you look at the previous trend pattern of the parallel channel on my chart, you will understand the reason for today's consolidation. Tomorrow is the RBI Interest Rate Decision, so the volatility will be high. Anyway, it look like there is no chance of a sudden dip tomorrow, but an upturn is likely to...

DeepuPrabhakarTrade

Don't forget to check out the chart analysis posted a few hours ago. Here I'm assuming with 15 minute time frame, that would give more clarification for a short-term upside potential or a retest possibilities to the all-time high area. As you can see from the chart, Nifty has formed an inverse head and shoulders pattern today. If Nifty can break the neck level or...

DeepuPrabhakarTrade

Hi, as per my previous post our primary target was hit today and nifty showing upward pressure after going down to 38%. Will it rise further? Yes! Of course it can retest the previous day's high, exactly 78% of the Fibonacci ratio from the low created today. According to Elliott 5 wave movements, this can be the first phase of the 5th wave of the trend that...

DeepuPrabhakarTrade

Nifty is continuing the trend, but what happens now? Remember that it is only a correction, this movement can be considered as a correction part of the trend that started from September 30 so far. According to the Elliott wave, if the current correction is falling up to 38% to 68%, then it can be considered as the 4th wave correction of the five wave movement that...

DeepuPrabhakarTrade

We have seen very volatile expiry. Buyers had shown their confidants well. But the triple pattern break was in a down trend. Now wave 5 and wave 3 have been confirmed. As you are seeing a big correction wave after 5 wave finish. And also a 5 wave down trend pattern in itself can be seen on the chart. 18200 -18230 range is likely to have a retracement. It is the...

DeepuPrabhakarTrade

Looking at elliott waves, we can see that Nifty has now completed a C pattern yesterday (5 and 15 min time frame ). As well as the start of an impulse wave. Once this has proceeded as an impulse wave. As you can see the second wave retraces from that yellow box and continues the upward trend and 3 rd wave impulse. If we look at the open interest, we have...

DeepuPrabhakarTrade

Nifty 50 Price prediction monthly trade target area.

DeepuPrabhakarTrade Updated 

Nifty 50 Swing and Long Term trading price prediction | Nifty 50 Price Prediction 2023 and 2024.