TradeMagic005

TradeMagic005 Updated 

The Banknifty index has been in a very complex correction for some weeks.As per my one of view the currecnt complex correction looks like Extended or Elongated Double Three pattern which will complete at 40071 or 39635 level as shown in the chart.

TradeMagic005 Updated 

The USDINR has shown breakout on the Wednesday night during the FOMC Fed Meeting and the pairing is trading in the impulse pattern.Presently it is in wave 4 now which will complete around 80.60 level and then wave 5 will begin which will have the target of 81.62.

TradeMagic005 Updated 

This NSE stock has made big impulsive move previously which is being now corrected in Flat A-B-C pattern as shown in the price chart.The corrective wave will get completed around 7000 price and from there onwards the wave 3 impulse will start for the target of 10700 level target.

TradeMagic005 Updated 

Axis Bank was in very complex corrective five wave of expanding triple three pattern which is completing it at 742-730 price levels and from there the wave 3 will start for the target towards 923-995 and 1100 for coming months.See the price patterns and the levels in the chart.

TradeMagic005 Updated 

The stock has very high liquidity everyday and has been moving in great impulse for last 2-3 months and now the correction is getting completed as expanding flat pattern.After the end of correction at the shown level the wave 3 impulse will start for the target of 1200 level in coming months.

TradeMagic005 Updated 

The index has confirmed down move to 16800 target.

TradeMagic005

The Index has just completed wave 3 and bounced in wave 4 which will complete around 17170-200 level and then the wave 5 will begin for the downside target of 16487 level very high probability of hitting it.

TradeMagic005 Updated 

The Nifty is in wave 4 as shown in chart the current pattern is sort of running type of correction called double three same type of running flat correction was happened in wave 2 also as shown by green arrow in chart.The high probability target for Nifty upto Monday is 16585 level as shown in target.

TradeMagic005 Updated 

The bank index is in impulsive down side swing and the wave 5 targets are 37846 and 37560 .

TradeMagic005

The stock Index is in Flat ABC correction of Minute Degree ON 4H Timeframe which will complete around 22 k price level in coming time as shown in wave C target.

TradeMagic005

This bank stock analysis is on weekly timeframe for long term value investment , the stock is showing great movement after the 2020 crash has recovered well.As shown in the chart the stock is in wave 3 of cycle degree on weekly timeframe and the wave 3 target is around 3500 in coming years.

TradeMagic005

The best Metal stock in Nifty 50 to invest your valuable money is Tata Steel.I t will give you the best returns in coming time more than 100 % as you can see the projected target for next third wave is 288 rupees.

TradeMagic005

The pair price is traing in wave 4 of impulse shown in the chart that wave 4 pattern is double three which will end at the drawn support and pair will start wave 5 move as shown in the chart.

TradeMagic005

The Oil is moving in small correction which will complete around 87.22 and it will start trend up.

TradeMagic005

The Gold Commodity has been moving in the Impulse pattern in the weekly timeframe.Now he gold is in the Wave 4 Double three pattern W-X-Y which will complete around 1670 and 1575 usd levels.After the end of his wave 4 correction the gold will move into a big wave 5 impulse target above 2200 usd as shown in the chart levels.

TradeMagic005

The USD Index on monthly chart is trading in the Impulse pattern in which the wave 5 will get completed at 113 usd level and the years long rally of usd in impulsive fashion will end and the index will enter into the big correction pattern as shown in the chart.

TradeMagic005

The crude oil commodity has been trading in big A-B-C Flat correction for last couple of months which is going to complete very soon.Around the level of 80 usd the oil will start big Impulsive Rally.Previously oil has completed the big impulse as shown in the chart .

TradeMagic005

The Copper is trading in wave 5 on monthly timeframe, which has just begun its wave 5 and the target for wave 5 is 983 futures.