Prices have formed a continuation Head & Shoulders whose neckline is 775 zone. Prices have given a breakout of the neckline and likely to continue the uptrend. The measured target of the pattern is coming in the region of 950 zone. On the downside the key level is 712.
From the Covid low of 145 zone prices have given a rally for two years and made a high of 590 in Jan'22. From there prices have retraced 50% and made a low of 272 and recovered back to hit new all time high. Prices have made a continuation Head & shoulders pattern whose neckline is 500 zone. Prices have given the breakout the neckline and currently retesting the...
Long term investment idea on Tata Steel. The current scenario clears that Tata Steel has been bottomed out at the level of 257 on today's historical fall of global as well as Indian markets. As per the Wave Analysis this bottom suggests that the wave 2 has been completed & now the stock is ready for the strongest wave formation which is WAVE 3. One should...
Completion of an last impulsive move of a higher degree corrective sequence as wave -c . The pair should resume its downside journey as mentioned in the chart for short term.
Analysis mentioned on the chart.
After the completion of 1-2-3-4-5 impulsive wave, EURUSD is on the way to resume its prior trend of higher degree on the downside .
Current scenario seems to be a corrective move , that too in a triangular wave structure before the currency prepare gives a terminal thrust to complete its 1-2-3-4-5 impulsive wave. As of now the price will move up & likely to face resistance near the zone of 1.18500 which will complete the wave - d of the triangular wave. After facing the resistance , the...
Follow the trend , Short only when there is a polarity reversal.
Range breakout, Bullish, accumulate on dips or current level for the target of 33.
It seems the pair is just finishing its final leg as wave- e of the corrective triangular wave structure & is ready to give an upside push.
Above 70 stock will lead to the level of 90 !
analysis mentioned on the chart