NSE AUBANK – Elliott Wave Projection
In the previous article, we bought AUBANK following a breakout from the parallel channel. The price has already achieved all the short-term targets as well as the first long-term target.
👉 Click here: NSE AUBANK – Are bulls ready to cross 900?
To reach a new all-time high, the price must overcome the critical 799 level. This zone can act as a strong supply area since it marks the high of the previous correction. A failure to break above it could shift market control from the bulls to the bears.
We will update further information soon.
NSE MANORMA – Ascending Triangle Formation
NSE MANORMA was in a strong uptrend earlier and is now forming an ascending triangle. The current price is very close to the resistance level at 1,539.35. The increasing volume recently also supports this positive outlook. ATR is currently at 55.31, indicating moderate volatility, while ADX is at 26.45, suggesting a strengthening trend.
If price sustains above 1505, traders can buy for the following targets: 1550 – 1574 – 1604+.
Free subscribers can take previous day’s low as invalidation level.
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Great analysis! As always! Thank you for all the efforts
This is a disproportional growth. It can’t be just retail traders, looks like elites are also lockedin which usually happens before new wars.
Can you analyse finnifty and ultratechcem???
Demand boost nearby wave B will give good breakout!