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Showing posts with the label happened

Nifty Anticipated Happened

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Nifty hourly chart anticipated on 19th Sep 2020 Nifty hourly chart happened on 21st Sep 2020 I was bearish for Nifty when it was quoting at 11500+ and stated in my previous article that, "Nifty is all set to falter near till 11240-11200 levels over short term with immediate resistance placed at 11570(closing basis)."Nifty plunged below 10800 on the monthly Sept expiry but on the first day of the expiry week it entered in the price terrain of 11240-11200- Anticipated Happened.Here is the link of my previous article on Nifty click on ithttps://www.marketanalysiswithmeghmody.com/2020/09/nifty-elliott-wave-analysis_19.htmlEducationLearn Technical Analysis in our 4 month course to help you to identify better trade setups. This course will be conducted every twice in a week for around 2 hours. This theory can be applied on all free floating markets. In this course learn from basic to advance and the fees for the same will be Rs. 12,000/-Elliott and Neo Wave analysis is conducted fo…

MCX Silver Anticipated Happened

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MCX Silver hourly anticipated on 19th Sep 2020 MCX Silver hourly happened on 21st Sep 2020
In my previous article on MCX Silver I had mentioned that, " Silver is firmly bearish and can move down to test 61000 levels with resistance at 70100 (closing basis)."
Prices slumped by over 9% on a single day and achieved my target of 61000 - Anticipated Happened Here is the link of my previous article on MCX Silver click on ithttps://www.marketanalysiswithmeghmody.com/2020/09/mcx-silver-elliott-wave-analysis.htmlEducationLearn Technical Analysis in our 4 month course to help you to identify better trade setups. This course will be conducted every twice in a week for around 2 hours. This theory can be applied on all free floating markets. In this course learn from basic to advance and the fees for the same will be Rs. 12,000/-Elliott and Neo Wave analysis is conducted for 1 month, this is an advance technical course suited for professional traders. Twice a week, 2 hours will be given for…

Coal India Anticipated Happened

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Coal India hourly chart anticipated on 19th September 2020 Coal India hourly chart happened on 25th September 2020 In my previous article o Coal India dated 19th Sep 2020, I had mentioned that, "Coal India is negatively poised and can drag till 115-112 price zone over couple of weeks with resistance at 128 on closing basis."On 25th Sep, prices entered in the price zone of 115-112 levels which was my target, I was bearish from 123 levels in this stock. Here is the link of my previous article about this stock click on ithttps://www.marketanalysiswithmeghmody.com/2020/09/coal-india-elliott-wave-analysis.htmlWave Analysis is difficult but with practice and understanding by combining various tools and techniques it is easy to come out with fabulous results. I am going to take a webinar in October starting from 3rd which will be for one month, the details are mentioned below.EducationLearn Technical Analysis in our 4 month course to help you to identify better trade setups. This co…

Nifty Anticipated Happened

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Nifty hourly chart anticipated on 12th Sep 2020
Nifty hourly chart happened on 16th Sep 2020 In my previous update, I had mentioned that, “Nifty canmove down to test 11350 it can be utilized as a buying opportunity with a support at 11290 and on the upside it can test 11600-11620 price zone.”Nifty made a low of 11383 and thereafter it made a high of 11618 which was price range mentioned last week, thus anticipated happened.Here is the link to my previous article on Nifty click on it.https://www.marketanalysiswithmeghmody.com/2020/09/nifty-elliott-wave-analysis_12.htmlElliott Wave and other Wave theories is not simple to practice even though it is very simple in theory, but you can learn from me during this lock down in my one month webinar exclusively focused on Wave thoery and its practical application. This theory is a universal theory and can be applied on all free floating markets. Hurry, next batch starts from October 2020. Details are mentioned below.EducationLearn Technical Anal…

Tata Steel Anticipated Happened

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Tata Steel Anticipated on  6th September 2020
Tata Steel Happened on 10th September 2020 In my previous update on Tata Steel, I had mentioned that, "Tata Steel is likely to falter till 410followed by 400 in coming weeks. The stock is negatively poised and will correct to test its immediate supports."Prices made a low of 386 thus achieving my both the targets of 410 followed by 400 levels - Anticipated Happened.Here is the link of my Tata Steel Article click on the linkhttps://www.marketanalysiswithmeghmody.com/2020/09/tata-steel-elliott-wave-analysis.htmlFrom Waves perspective I had mentioned that, prices are likely to correct in form of wave iv after completing wave iii in an extension. This wave on the downside is expected to be steeper in nature and so the fall has to be faster in comparison with time.Prices can down faster and marked a low of 386, this is how alteration (guidelines of impulse wave) works in impulse wave.EducationLearn Technical Analysis in our 4 month cour…

Motherson Sumi Anticipated Happened

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Motherson Sumi hourly chart Anticipated
Motherson Sumi hourly chart Happened

In my previous update I had mentioned that, Motherson Sumi if crosses  85 levels will give bullish break which can surge the price near till 100-105." Anticipated Happened
I have been clear that it was moving in symmetrical triangle pattern and the breakout is likely to come in the north which it had and surged till 100 and crossed it too. I am sharing my earlier article on Motherson Sumi Link here click on it
https://www.marketanalysiswithmeghmody.com/2020/05/motherson-sumi-elliott-wave-forecast.html
Elliott and Neo Wave analysis is conducted for 1 month, this is an advance technical course suited for professional traders. Twice a week, 2 hours will be given for theory as well as practical application. The fees for it will be Rs. 10,500/-.
Classroom training and webinars both are available. If you reside in Mumbai, classroom training is conducted in Vile Parle near station and Borivali Station. For inquiry an…

SBI: Anticipated Happened and Elliott Wave forecast

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SBI hourly chart anticipated on 25th April 2020
SBI hourly chart happened

In my previous update I had mentioned that," SBI will move down till 165 if the level of 175 is broken." I had also mentioned that triangle is in making which is exactly what has happened.
Now it seems that prices are all set to surge as wave c is completed with five sub-waves in it after triangle pattern. Now fresh leg has started which will soar price till 175-180 levels over short term.
Elliott and Neo Wave analysis is conducted for 1 month, this is an advance technical course suited for professional traders. Twice a week, 2 hours will be given for theory as well as practical application. The fees for it will be Rs. 10,500/-.Classroom training and webinars both are available. If you reside in Mumbai, classroom training is conducted in Vile Parle near station and Borivali Station. For inquiry and registration call +919324174580.

MCX Silver anticipated happened and Elliott Wave forecast

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MCX Silver hourly continuous chart anticipated on 31st March 2020

MCX Silver hourly continuous chart happened on 20th May 2020

In my previous update dated 31st March 2020, I had mentioned that, “Silver is poised to move higher near till 49200-49300 levels with the support at 38900 levels. The bias is firmly positive for Silver over short to medium term.” On 20th May it made a high of 49500, thus achieving my mentioned level of 49200-49300 when it was trading at 41000, gaining stupendous 20%- Anticipated Happened.
Here is the link of my previous article on MCX Silver- https://www.marketanalysiswithmeghmody.com/2020/03/mcx-silver-elliott-wave-forecast.html
As per hourly chart, prices are expected to remain in a range of 46850-49400 after that there are high possibility to cross 49500 impressively which can soar prices till 50600 levels over short term. RSI has bounced from the oversold territory.From Wave theory, Silver is moving in wave iv of the impulse rally, It is likely to make a flat …

Axis Bank Anticipate happened and Elliott Wave Forecast

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Axis Bank hourly chart
In my previous update dated 16th May 2020, I had mentioned that, "  Prices are poised to falter till 360-355 levels where the support of the channel is placed with resistance at 410." Prices made a low of 335 which achieved my above mentioned level. - Anticipated Happened
Here is the link of the previous article on Axis Bank- https://www.marketanalysiswithmeghmody.com/2020/05/axis-bank-elliott-wave-forecast.html
Now as prices has arrived near support of the falling shaded channel there are high chances for this banking stock to soar from current levels which can test 380-385 levels. As per Elliott Wave, prices might have completed wave a of the second correction post wave x, this means wave b higher cannot be ruled out.
Elliott and Neo Wave analysis is conducted for 1 month, this is an advance technical course suited for professional traders. Twice a week, 2 hours will be given for theory as well as practical application. The fees for it will be Rs. 10,500…