Price has completed an Upward 5 Wave Sequence structure (Wave 1) and a 3 Wave downward Correction structure (Wave 2), now we have the Wave 3 coming up which is the Wave to surf!!!
We see that Wave 2 has retraced Wave 1 by 61.180% and that is the rule for retracement of Wave 2 as per the Elliott Wave Theory.
Wave 3 as per Fibonacci Extension levels...
Talbros Automotive Components Limited is an India-based company that is primarily engaged in the manufacturing of automotive components. The Company offers a range of products, including multi-layer steel gasket, exhaust manifold gasket, rubber molded gasket, cylinder head gasket, gasket with electrical controls, edge molded gasket and heat shield. It also offers...
I am thrilled to inform you that the NSE Nifty has achieved a remarkable milestone. It hit a new all-time closing high on Friday, driven by heavy buying in IT counters and fresh foreign fund inflows. Isn't that fantastic? The market is buzzing with positivity and optimism, and there couldn't be a better time to consider taking a long position on the NSE Nifty.
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Price has a pullback in Upward Direction before it continues the DownTrend in the Higher timeframes Daily Demand to Daily Supply, Confirmation and Trade in 4H
Reward to Risk is favourable hence Long
ENJOY THE RIDE ! ! !
NSE:NIFTY
Have a look at the support and resistance and the possible yellow line movement.
Never trade a short without a stoploss.
*Not a financial advice to buy or sell. Only speculations.
My charts speaks louder than words.
I'm a chartist and I paint charts.
The stock has made flag and pole pattern. It can give a good move in coming days. Keep an eye ! This is just for educational purpose and not any investment/trading advise. Do your own analysis too.
Tomorrow's expiry gonna volatile .May be its a bears trap. Above 17350 short-covering moves takes place.Expect a upside movement upto 17450-17500.Because 60,000 Change in OI in 17300CALL. Downside momentum below 17250, but less space in downside. Below 17200 Sharp falling will happen
Gabriel -- Above 50/100/200 EMA's
Good volumes on daily basis
Add to watch list - any reversal in CNXAUTO -- will see from 120 to 150 in short period .
Gabriel is on of the leader for supplying shock absorbers to majority of 2 wheeler manufacturers.
It has good market share.
And also recently Promoters increasing their holding from 52 to 55%
QoQ -...
HDFC - i have provided the possible levels in the market. the stock having its Supply zone to the upper side.the market could possiby go towards the upside.
