The Neely River Trading (NRT) System indicates that gold could be heading towards new record highs (+$2800 when cross $2700) amid growing global tensions. With recent escalations in the Middle East, especially the ongoing conflict between Israel and Hamas, Hezbollah, and increased tensions with IRAN, there are significant implications for global markets....
SILVER is bullish on 6-Monthly, Monthly and have very good entry on weekly timeframe . We will see a good rise in weekly timeframe , whereas on daily it will give many ups and down. Current stoploss on the bullish view of weekly timeframe is 20.50
SILVER is bullish on 6-Monthly, Monthly and have very good entry on weekly timeframe. We will see a good rise in weekly timeframe, whereas on daily it will give many ups and down. Current stoploss on the bullish view of weekly timeframe is 20.50
As we know Brent Crude Oil - UKOIL has finished its 5 wave move and start a long correction as you can see in right side chart (Monthly wave chart), Now recently it has finished FLAT pattern and started for a x-wave.
This is an update of old published idea on Sep 26 (check here ) If DOW goes below 28715.85 then chances are very high that it will form a either 5 wave move or a symmetrical pattern. Symmetrical pattern will be confirmed once it wave E/5th finished.
DJI is about to start formation of wave-D, which is the part of wave-(E) of large triangle pattern. When the large wave(E) finished we will see a good up run in DJI.
Currently Nifty is forming wave-D of a large triangle in up trend. It will take time to finish the wave-D, and it must be different that the wave-B .
Currently #NIFTYIT is forming wave-D of a triangle in up trend. Most probably this triangle will be a expanding triangle.
NIFTY MEDIA Sector may be sideways for a week or two, after that it will continue to form the wave C of the pattern.
Case 1st can be found here Case 2nd: If you see the market goes below 32438.25 means the wave-C is itself as a complex correction and the market will go down more, this view will remain same until the market goes above the 36815. Chances are very high that the wave-C will be a complex corrective pattern. If you have any question you can ask.
Bank of India started its new uptrend corrections. It will be time consuming but trend will be up.
#AUBANK AU Small Finance Bank clearly gave a breakout of 0-B trendline of a Flat pattern. It may do some correction, but final trend will be up. We will calculate the targets, but minimum it has to go around 1300.
Hemisphere Properties India Ltd is almost ready to go for the new top, i f it will cross the BD trendline without a red candle. Minimum target 188 1st target 275
After forming a X-wave, Nifty Realty is almost ready for the Flat if it will go above the 492, If it will go above 510 then it will form a Flat with strong-B, because once if it will cross the 510 level then it will go above the top of wave-A, in this case wave-c may not go below the low of wave-A 442. If It will take turn from the below 510 then chances are very...
NIFTY PHARMA is ready to go for the new top 1st target : 14965 2nd target : 16400 3rd target : 17900 - 18950
Nifty is ready to finish wave -E of a triangle. It may come near 15900-16000 only if it will go below 16400.
Currently there are 2 cases in BANKNIFTY, Case 1st If wave-A already finished and wave-B is forming. In this case price will not go below 34000. Case 2nd If price goes below 34000 then wave-A will finish much lower minimum 33500 and max it can go near 31000.