BANKNIFTY SPOT – Bullish Outlook Is Still Valid
EWT – NYSE Mastercard Is Preparing Skyrocket
Timeframe: Daily
NYSE MA has started a double zigzag at the low of $26.8. Price has accomplished wave w at $390 and wave ((X)) at $340.2. The security price is moving above the 20/50/100/200 moving average with falling ATR signals sellers can come to provide a correction before the price surge.Continue reading
NSE HDFCAMC – A Bullish Initiative
Do you remember HDFCAMC Weekly analysis?
Click here: HDFCAMC – Correction Will Be Beneficial For the Bulls
BEFORE
We had written clearly, “For traders interested in this opportunity, long above the neckline at 2100, with the following price targets: 2314 – 2588 – 2795+”.
AFTER
Timeline:
[27 June 2023]
- 01:00 PM – Price broken out wammies neckline.
[30 June 2023]
- 09:30 AM – Price touched the first target of 2314.
[14 July 2023]
- 02:30 PM – HDFCAMC has made a new high of 2386.6.
HDFCAMC has given a captivating return of more than 20% in 4 weeks. If you have traded this setup, you could have made 403 points or Rs. 39720 per 100 shares.
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NSE HEROMOTOCO: Are Bulls Strong Enough to Sustain Impulse?
Timeframe: 30 min
Brief analysis:
HEROMOTOCO has started a five-wave impulse cycle from the low of 2745.5. Price has accomplished wave Y of wave (4) and started impulsive wave (5). Buyers will have an opportunity with a captivating risk reward to ride the trend after confirmation for the following targets: 3167 – 3210 – 3260+.
In-depth analysis:
NSE HEROMOTOCO has formed an impulsive cycle after an extreme low. In this case, the security is trading above the 20,50, 100, and 200 EMAs, which indicates that the bulls are in control. The formation of wave two was a running flat which retraced 0.618% of wave (1) at 2795. The third wave was an extensive wave that extended 3.618% of wave 1.Continue reading
GIFT Nifty: Empowering Indian and International Investors
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