NSE NIFTY – Elliott Wave Projection
Timeframe: Hourly
The Nifty is stuck between supply and demand. Bulls will not break 17300, and bearish won’t break 17600. The complexity of the move has confused retailers too. Per the hourly timeframe chart, the price has accomplished a short-term impulsive cycle and started forming a corrective process before a steep fall. Wave A of this corrective cycle has been completed at 17467, and Wave B is currently in formation. Price retraced 61.8% retracement.
Upon completing wave B, and sustaining above 17300, the price can move up to the next resistance level of 17600. This level indicates strong resistance, and failure of sustention will increase supply rapidly and may form a new low too. The Nifty is moving near the 200 EMA on the daily timeframe chart, and the ATR is 182.7.
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HDFCAMC – Unfolding Correction Following A Pullback
Part 4: Trading Psychology – Conscious vs. Subconscious
4 Types Of Brain Waves
I would like to divide this section into 2 topics, 1x talent vs diligence and then explain the 4 types of brain waves.
Talent vs Diligence
David Perkins asked of how to use your brainwaves to deliver outstanding performance and divided brainwave speed into two forms.
PASSIVE and ACTIVE.
Under PASSIVE When you understand your genetics, D.Perkins found that there are two types of people, the quick thinker and the slow thinker, in other words, people with fast and slow brain waves from birth.
Brain wave velocity means how fast one nerve cell communicates with the other.
Continue readingNSE PVR – Bear Victory
Did you trade NSE PVR Wave Setup?
Click here: NSE PVR (TA): Weak Price Signals & Potential Targets
BEFORE
I have mentioned clearly, “If the price remains below 1657, swing traders can sell for the following targets: 1618 – 1576 – 1540+.”
AFTER
Timeline:
[22 February 2023]
- 09:45 AM – Price touched the first target of 1618, and made a low of 1611.85
[27 February 2023]
- 09:15 AM – Price hit the second target of 1576.
- 09:20 AM – NSE PVR reached the final target of 1540.
[1 March 2023]
- 09:15 AM – Price made a new low of 1485.5.
If you have traded this setup, you could have made Rs. 69,000 / lot.
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Tips & Update – APOLLOHOSP, ASAHIINDIA & HCLTECH
NSE ASAHIINDIA – No breakout without demand
Did you trade NSE ASAHIINDIA Trade Setup?
Visit here: Trade Setup – NSE ADANIPORTS, AXISBANK, BEL & More
I have mentioned clearly, “If the price sustains below 504, traders can sell for the following targets: 496 – 493 – 489.“
Timeline:
[22 February 2023]
- 09:50 AM – NSE ASAHIINDIA touched the first target of 496.
- 02:20 PM – Price reached the second target of 493.
- 02:50 PM – Price hit the final target of 489, and made a low of 488.10
If you have traded this setup, you could have made more than a 2.3% return In just a single trading session.
NSE APOLLOHOSP – Corrective Formation
Did you trade NSE APOLLOHOSP Trade Setup?
Visit here: Trade Setup – NSE ADANIPORTS, AXISBANK, BEL & More
I have mentioned clearly,”If the price sustains below 4555, traders can sell for the following targets: 4500 – 4464 – 4427.”
Timeline:
[22 February 2023]
- 09:42 AM – Price touched the first target of 4500.
- 10:14 PM – Price reached the second target of 4464.
- 03:09 PM – Price made a new low of the final target of 4440.
If you have traded this setup, you could have made more than a 92 points return In just a single trading session.
NSE HCL – Bearish Continuation
Did you trade NSE HCLTECH Trade Setup?
Visit here: Trade Setup – NSE ADANIPORTS, AXISBANK, BEL & More
I have mentioned clearly,”If the price declines from 1110, traders can sell for the following targets: 1103 – 1097 -1087.”
Timeline:
[22 February 2023]
- 09:44 AM – Price touched the first target of 1103.
- 12:37 PM – Price reached the second target of 1097.
- 02:29 PM – NSE HCLTECH made a new low of 1090, close to our final target.
If you have traded this setup, you could have made more than 15 points return In just a single trading session.
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