TradeSetup – NSE TECHM & CREDITACC
NSE CREDITACC – Price Action Breakdown
Timeframe: Daily
CREDITACC has been moving within an ascending channel for over 74 months. A significant price drop was observed after the 100 and 200 EMAs crossover. A control line, with 15 confirmed touches, provides key insights for target measurement and reversal projections.
Historically, every time the price has reached an excess level, a reversal has occurred—this pattern has repeated more than seven times. If the price enters the major ascending parallel channel and sustains above 1085, traders can consider targets at 1265 – 1552 – 1725+. Strong demand pressure could drive the price toward the upper band of the parallel channel.
We will update further information soon.
TECHM Investors Rejoice: 80% Profit Achieved!
Did you trade NSE TECHM Monthly Projection?
Click Here: NSE TECHM: Multiple Timeframe Analysis
We had written clearly, “If the price enters the parallel channel, traders can buy for the following targets: 1180 – 1234 – 1299 – 1800+”.
Can NIFTY Regain Its Balance or Will It Plummet Further?
NSE IEX – Double Zigzag Formation
Timeframe: 4h
In our previous analysis, NSE IEX followed the anticipated movement, with the price encountering a supply zone at the upper band of the parallel channel. Wave ((B)) completed a 100% Fibonacci retracement of wave ((A)), and sub-wave 4 overlapped sub-wave 1. A revised wave count analysis is now required for updated insights.
Visit here: NSE IEX – Elliott Wave Projection
