Watch Nifty preparing to gain potential by settling in downside pennant . If this pennant is broken upside, nifty is gonna have upper targets Will share target levels when it breaks upside But for now watch for the new trend to be confirmed .
Watch bank nifty from tomo onwards According to Elliott wave theory, a b and c waves of correction has completed in lower time frames upto 3h But we can see b wave of short uptrend in bank nifty I have shown the expected targets according to b wave prior to Fibonacci retracement levels Yellow trendline is valid on 15 min,30 min,45 min,1hr, 2hr, 3hr time frames...
Watch the HDFC BANK chart I have sahred with you. HDFC BANK is forming c wave of correction according to Elliot wave in 15 min,30 min,45 min ,1hr, 2hr ,3hr, 4hr, 1D time time frame. That means HDFC BANK is set for its biggest correction in for the period of 4-6 months time period I have shown the expected targets according to Fibonacci retracement levels. If you...
BANK NIFTY is on its way to complete b wave according to eliott wave theory. and its next way is towards c wave which is boom in the downside direction I have shown the expected downside targets of bank nifty on 15 min time frame Remember c wave of correction is visible in 15 min,30 min,45 min,1hr,2hr,3hr time frames You can imagine the validity of this...
Keep yes bank on radar tomorrow. The stock is preparing for a huge breakout with beautiful targets in 2 hour time frame. Reasons for breakout - 1)Price is moving in a downward pennant traingle ,which is a good sign of breakout according to Elliot theory. (Downward pennant always shoots price upward breaking lowest trendline resistance for a upmove 2) Price is...
According to eliott wave,bank nifty is set to move for (b) wave which is little upmove itself . If price crosses above the yellow trendline shown then upmove is sure. Possible retracement target levels - 1)61% level -41334 2)50% level-41167 3)38% level-41007 expect these targets to be achieved till 22 sept , because 22 sep is also a gann date and expiry...