As you can see from 18600 Nifty is making new Higher Lows and Lower lows. As per Dow theory assuming the breakout projects the uptrend and trend reversal considering 16400 as the low. A New Low should be formed above 16400 to validate this analysis. If 16400 is not respected dow theory is voilated, and its going to be a bloodbath, Lets hope nifty makes a new low...
Expecting fall in nifty from 17646, Please do you own analysis
Expecting nifty to Hit 17600 and then a sharp fall to lower levels Nifty may face some rejection at 17490ish levels. Hope you find this useful
I am expecting a Flag and then a shart raise when it break the fall. 115 -120 Levels can be seen if the flag is validated Below 90 levels this analysis in invalidated
Sunday Moves or Month End Expiry Moves on cards? Lets see Just my Idea I have comeup with an idea, of what might happen in coming days. This is at the best of my knowledge. I am expecting somewhat like this! This is invalidated if we cross the TOP YELLOW Line or the Second Mountain Top according to your trade plan. Thank you Educational Purpose only: Ask...
Indian Housing 4H Chart Clearly shows a Inverted Cup and Saucer pattern The stock can go a up around 196-205 levels and start correcting. And it Can fall up to 160 levels. 12-16% fall can be expected Will update on the idea, once it gives a clear signal. *Oops typed cup and saucer on the chart. Its handle :D
Hi Friends This is my first Idea. Hope you like it! Elliot wave formed in the 4h and 1 day time frames I believe the Stock might fall up to 1980 and it will start its another bull run to 2300-2400 Then there will be a correction waves. Lets see how it goes. Thank you guys, Will follow up on my Idea. Have a great day