POSITIONAL BANK NIFTY 24500 AFTER GST AND RATE CUT INDIAN MARKET VERY BULLISH
I decide to start with the higher time frame and will publish updated on lower timeframes, so if you are one of the traders who sent the request please follow this chart since all updated will be posted here.
GOLDVERY BULLISH ZONE IN DAILY CHART JUST BOUNCEBACK FROM NECKLINE SO CAN WE CONSIDER GOLD MAY UP SIDE START AFTER 1328$
A change to the wave count on Axis, The fall 5 waves down remains in tact till the high of wave 5 holds which is at 577. The triangle pattern that I marked as wave B is wave b of 2 i.e. part of the up move and not the end of it. So today we are making wave c of 2 up and are at 78.6% near 564. Once wave 2 up is over wave 3 down to 500 should start.
NIFTY 1 HOURS CHART SHOW H&S MAY BE FALL IN SOME DAYS TILL 8350
SMALL IHS SEEN IN 4 HOURS ND WAVE 4 ALSO UP TILL 45$ TAKE ENTRY AGAIN 40$
IHS IN GOLD DALYCHART ND WAVE 5 ALSO UP
There is a 3 drives pattern that has a target 1450 on a third leg higher. There is strong momentum with the RSI in the bullish zone and rising. The MACD is also about to cross up, a buy signal.