Intraday Stock Tips

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Channel Pattern Closed out for NIFTY?

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Pattern CLOSED?
As per our Theory, 5th wave always give you fired move as seen past. You can also check perfection on BANKNIFTY too.

If this is an excess of channel, then target is 11650 nearby and Resistance 11666.

–> Let us remind you.
On the date, Jul 12 2019 channel first drawn by us.

Exactly NIFTY was moved to (4) and U-Turn has taken directly to control price.

Jul 15 2019, In the chart it was pointed out (5) wave on this chart.

Finally, (5) wave was printed on the date of Jul 17 2019 and Taken Resistance.

Do you think that IS THE CORRECT visualization?

You can see in this chart today’s NIFTY move, it has exactly followed our words moved exactly to the same things we have mentioned.

Accurately happened what we predicted. Channel Was closed out.

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Reliance Ind with next move projection on chart

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Wait for Tail to trade. There are 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 activitiess 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.

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BankNifty footprint with clearities

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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 different 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 to become inaccurate. Look at the yellow two-box, if you detect this type of move during the market hours will result in your Big move in against direction.

Weekly Expiry.

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Visualized your clearly yesterday (5)wave of NIFTY

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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.

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Short JUBLFOODS Tail Is Created

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

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Axisbank at support and +ve

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Channel (i) and Channel (ii) were 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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