Reliance Ind with next move projection on chart

Wait for Tail to trade. There’re two channels, one is yellow which closed and another channel till final wave remain. A (5) wave projection is plotted on the chart with considering control price and no trade activities area.
I have also used the timeCycle but did not add it here cause of complexity.

  • Support as Value High at 1254 nearby.
  • Last candle showing price rejection.

 

I will update live and Exact level to buy this stock for SUBSCRIBERS.

BankNifty footprint with clearities

Resistance(30840 nearby) available from two factors,

  • 1 “Control Price” of main channel.
  • 2 (3) wave count of Channel.

In moreover I plotted 5 small channel the l into main channel. The 5th channel is absolutely differet from all other channels which is shown with yellow color. There is still more in small 4 channels of trend is up while 5th Channel is a flat trend.

Something is going t become inaccurate. Look at the yellow two-box, if you detect this type of move during the market hours will result in you Big move in against direction.

Weekly Expiry.

Visualized your clearly yesterday (5)wave of NIFTY

Overlapping, and (5th) leg both are a sign of the big move. We can analyze the correct direct due to the live market from a higher timeFrame. I will update here direction and chart.

From TimeCycle, we are really very near to close pattern and Wave.

Short JUBLFOODS Tail is created

Get ready to start selling for JUBLFOOD. NOTE this is EQ. chart. SHORT eq. @1268

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Axisbank at support and +ve.

Channel (i) and Channel (ii) was represented at support or at value low. Axis bank created an excess in both channels which good opportunity to buy 741 nearby with stop loss of 730 below of candle closing base. Target is 766 nearby at control price.

TimeCycle (2) is also going to positive.
If there is not anything -ve on this stock, Support will be compelling for investors.

 

BELOW IS TRADE LEVEL FOR SUBSCRIBERS

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Nifty and M&M was given to subscribers for sell.

Since last 1 months, Our nifty level was without failed. Every one enjoying it.

A “Spike” can generate after breaking-out area between Value High to Contro Price. The “control price” always attract value toward it.

The intraday Resistance 11988

There is actually two channel, One is a “major channel” which is still exist because its an excess. If the price starts to fall then, we can more and more fall.

Suppose, the current market price is at an excess, then we can spike downward at 11750 below.

SELL NIFTY Fut @ 11996 for big down spike target. 

We have sold given to SUBSCREBERS sell call of M&M.

There is excess which i alway prefer to trade. An excess is at value high therefore i suggest you to short this stock at higher level such as 680 nearby.

This is holding call for 10-17 days for target 638-607.

SELL M&M future July 668-670 and stoploss 672 for targets 651-632