Silver Decisive Breakout!
Crude Oil Clearly Reverses at Consolidation’s Upper Line
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The Chart pattern on M&M:
Disjoint channel:
Channels are used broadly by technical traders to identify and follow the trends of securities over time.
channel is one such charting pattern that technical analysts will use to evaluate the trend of a security.
In general, channels can be used to pinpoint optimal support and resistance levels to buy or sell securities.
Head and Shoulder:
In technical analysis , a head and shoulder pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
The head and shoulder pattern is believed to be one of the most reliable trend reversal patterns.
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Paid Attention to rhythm of the wave, AUROPHARMA next move…
We had provided this call to our subscribers.
Sell Nifty fut 10448-10459 and stoploss 10496 targets 10378-10121.
They have enjoyed this call
The wave A and B in both sets parallel channel and Wave C will be set of next 5th Wave.
Elliott’s cycle of the 5th Wave is under-construction. 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel.
-> Bottom Out: You have figured out that Wave 4 would normally retrace 0.618% of Wave 3.
Wave Personality : I won’t expect 5th too much extensive than 3rd wave that why A, B, and C cycle fall projected in the chart.
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———-One DAY chart———-
A continued move towards up-direction from level 288 to 818.
Main Resistance level is 830
From the current level, price will be attracted near 769 price, and continue to follow the price up-to 842.
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Nickel Traders Big Trend Analysis – Part I
The positive trend will start after a breakout of hurdle.
Targets: 951 – 936 – 925
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MCX Natural Gas Descending Triangle 2H Chart
As per the following chart, MCX natural gas is under downtrend for a short period. Without fake-out, commodity natural gas prices may drop for 118 – 116 levels below.
How about E? If its price remains above the support, we will see 126.6 – 128+ soon.
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Updated:(4) Wave-Projetion on NIFTY for “Swing Traders”…!
Get ready soon for short NIFTY, because of A, B, and C correction.
The only question for traders, where is B?
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