nikhilbiltiwala

nikhilbiltiwala

Holding Longs in DXY, it broke the falling trendline and is moving up toward our first target zone

nikhilbiltiwala

Holding Shorts, and keeping the SL above the Wave A High

nikhilbiltiwala

This can be a great up move if wave B consists of (WXYXZ) instead of (12345) as marked...on the conservative side marking it as wave A of wave B, taking this Long trade as DXY is taking support from the Daily Support.

nikhilbiltiwala

Wave A got completed below 1.08020 and after that it formed clear wave A down and wave B up of the Wave B (ABC) three leg move. Now it looks like its wave C down move which is expected of having 5 wave down and can come down to the Equality of wave A EURUSD Short Entry : 1.08921 SL : 1.093 Target : 1.07096

nikhilbiltiwala

EURUSD is showing breakout failure candle on the 50% retracement of the wave 3 down move, it can a good shorting opportunity for the next impulsive wave 5 where target 1 will wave 3 low

nikhilbiltiwala

Nifty have completed one leg of down move and now forming corrective formation, as per analysis, it is wave 4 formation which generally retrace the wave 3 in the range of 38.2-50%. Expecting it to be wave 4 formation because Nifty didn’t break the low of 16747 which is the First inducement on the Weekly chart

nikhilbiltiwala

This Whole move is contained in one channel making me think that it may be in correction of Wave 2 only and Flat formation fits well Expecting it to reach around the middle correction channel line of around 600-625 range for the buying zone * will wait for the price action there for a perfect Buy *Trade only when all odds are in favour.

nikhilbiltiwala

I my opinion Bharat Forg had started its (i) of 3 and on the basis of equality possible target area will be around 742. My opinions are purely for educational purposes. I am not a SEBI Authorized financial advisor. For any Financial advice please contact your financial advisor.

nikhilbiltiwala

BEL is taking support at the previous downward trend line and and now its starting to move up today it is closing above 20 MA confirming the bull run TGT area for this trend will come around 141

nikhilbiltiwala

breaking out and confirmed above downward trend line clear sign of uptrend start will be buying it above 114 with sl below 104

nikhilbiltiwala

It is rising from the bottom channel testing the support and starting to move up, perfect buy location with the target of upper channel line

nikhilbiltiwala

If SBIN goes above 196.8 without going further down than it will be a perfect buying opportunity, as it is rising from the downward channel line will try t touch the upper channel line @ around 215

nikhilbiltiwala

CESC is rising from the long term support channel and breakout out from the current downward channel gives an opportunity that it will test the higher channel