NeeteshJain

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Joined India neeteshjain01
"The only way to do great work is to love what you do" - Steve Jobs
Markets Allocation
33 % indices 33 % stocks 33 % other
Top Mentioned Symbols
NIITTECH 33% | 1 NIFTY 33% | 1 XAUUSD 33% | 1
77 0 2
XAUUSD, D Long
Gold (XAU/USD) Completes Flat Correction, Next Bullish Upmove

The price action is been ranging in a rectangle consolidation where it is forming a Regular Flat Correction pattern that indicates completion of corrective phase and beginning of a new bullish move or trend. A good risk to reward setup. Keep a Stoploss: 1290 Target 1: 1340 Target 2: 1375

31 0 1
NIITTECH, D Long
LONG NIITTECH Completing Bullish AB=CD Pattern

From Jan 2016 till Aug 2016, the price action is in a correction phase. Now it has formed a Bullish AB=CD Pattern which also represents a zig zag pattern as per the Elliott Waves Principles. This indicates a short term bullish trend reversal with targets as below Target 1 (0.236) - 432 Target 2 (0.382) - 461 Target 3 (0.618) - 610 Stoploss: 380

NeeteshJain NeeteshJain NIFTY, 60, Long ,
101 0 1
NIFTY, 60 Long
NIFTY READY FOR NEW WAVE, COMPLETES CORRECTION PHASE

As per Elliott Waves Principles guidelines, Nifty 1.59% 1.59% has completed its complex correction where two corrective patterns where formed. First was Flat correction pattern where 3 Waves (ABC) subdivdes into 5-3-5 correction (marked as W) and another is simple zig-zag correction where 3 Waves (ABC) subdivides 5-3-5 (marked as Y). Both were connected by ...

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