SirajHudda

SirajHudda Updated 

BankNifty is giving a buy setup after giving a deep correction. It has tested the trendline after breaking above and is sustaining higher. One can take the trade now with stoploss and targets defined on the chart. Its a 1:2.75 Risk:Reward ratio. Happy Trading!

SirajHudda

Kotakbank is going to give a big deeper correction towards 950 levels. I would keep a stoploss at 1360 and short Kotakbank at current levels or if it goes little higher. Happy Trading! Siraj Hudda www.wavetradingacademy.com

SirajHudda

Bitcoin is giving a good buying opportunity after a deeper correction from last rally. I would expect Bitcoin to go higher from here and potentially the long term correction is over for it.

SirajHudda

Nifty is a buy for a bounce towards 10725 with stoploss just below current low.

SirajHudda

Nifty would give bullish correction towards 10700 - 10850 range which is 50 to 61.8% Fib Retracement from where it might again start its down correction towards 10,000. Happy Trading!!

SirajHudda

USOil has potentially run its course for the current upmove and would give a correction from here.. Based on the last Candle Stick pattern around the targets of 62/63 suggests the correction might get started from here. If it were to be true then the targets for the down move would be around 40. I would go short at the current price with small stoploss around 65.5...

SirajHudda

GBPCAD is under short term correction with Wave C in progress. Buying opportunity comes at 1.6250 levels @ 50 to 61.8% retracement zone where Wave A = Wave C for Zigzag correction with stoploss just below the current low around 1.5835 levels with targets around 1.7060 and higher. Free Analysis : www.prowaveanalysis.com Happy Trading!

SirajHudda

Based on my Wave Count the Larger Degree Wave III is coming to end as we are potentially in Final Wave of Wave III. Once that is done we might see either a Flat correction or a Triangle correction both of which are sideway correction which might take a year or more to unfold and the Fifth Wave Targets could be around 11100 to 11400 from where the markets might get...

SirajHudda

Titan is potentially giving a shorting opportunity at current levels for a C wave correction. If the count were to be correct then small stoploss at around 640 should work out with targets of 550 / 540. Happy Trading! Siraj PS: Don’t Forget To Register for FREE 14 Days FULL Website Access Worth Rs. 7500/- at following link: www.prowaveanalysis.com

SirajHudda

BankNifty Will give a upmove from current levels for a short correction. One can take Long positions with Stoploss just around 23650 and Targets around 24350. Its a short term trade with nice risk-reward. Happy Trading!

SirajHudda

Nifty might correct a bit on the upper end first before falling down once again. Watch the chart for directions. Happy Trading!

SirajHudda

After a Sharp Weekly drop last week nifty might consolidate with 50% upmove and if the upmove is a corrective wave pattern then a potential down move would take Nifty to test the previous breakout levels around 9100 levels in the coming weeks. The current down move can also turn out to be a side ways movement for several weeks which would mean new highs would come...

SirajHudda

USOil is giving a buy setup after 61.8% correction from the last rally. I would expert it to go higher from here with stoploss around 43 and targets around 49. Happy Trading!

SirajHudda

Gold - XAUUSD is Possibily forming an Ending Diagonal in a Wave c of a-b-c correction which will also potentially complete Wave B or 2 of larger Wave Count completing the correction of over all rally from 1150 to 1375. Gold has corrected in a 3 wave decline and is not around 61.8 fib retracement levels. MACD is giving Divergence on smaller timeframes 240/60 giving...

SirajHudda

IDEA has been correcting since a long time and it looks like the correction is Potentially Over.. I am taking an Early Action on it with a small stoploss around 63 levels and Targets around 120. There is Bullish MACD Divergence on the chart and the last candle is bullish one to give some support for the prediction. Happy Trading!!

SirajHudda

Ashokley is all set to go higher from current levels. One can go long on the stock at current levels with stoploss just below 80 levels and targets around 88.5 / 90 levels.

SirajHudda

GBPUSD Retested the Upward Trendline and started to move upwards. I would expect the pair to go higher from here as First Targets around 1.3075 and Second Targets around 1.3250

SirajHudda

DOW is giving a short setup.. After giving the decline from its highs the retracement was in a 3 wave and therefore it suggests that DOW will go down further towards the first targets or 17750. Happy Trading!!