Hello Friends, Here we had shared some major points and characteristics of Zigzag Correction pattern of Elliott waves. Also we had shared real example chart study of zigzag pattern as a case study of NaturalGas, in which their are some principles and guidelines, which are perfectly going through in chart of NaturalGas. Principles and Guidelines of Zigzag...
Hello Friends, Here we had shared some major points and characteristics of Expanded Flat Correction also known as Irregular Flat Correction in Elliott waves. Principles of Irregular / Expanded Flat correction pattern 1) 3 waves corrective pattern which is labelled as A-B-C 2) Subdivision of wave A and B are in 3-3 waves 3) Subdivision of wave C is in 5...
Hello Friends, Hope you are doing well, Today I am sharing a very little and simple fact, which is very much needed to survive long life in market and to be a profitable trader in market, here we are talking about direction and speed because, when you’re heading towards right direction, every single step you take is real progress, but if you’re going in the...
Indian energy exchange is now about to complete it's correction ,it is doing a double correction in major wave IV, fifth to the upside is still due. We can expect correction to complete near 124.85-125.85 and then final V wave target will be 407. And I'm expecting fifth to be extended because normal projection limit of wave V are 0.382 & 0.618 but as you can see...
Hello Friends, here we had shared just an observation on correlation between NIFTY and DXY which are clearly showing opposite directional runs from last couple of months, also we are assuming the wave counts on both, which are suggesting same patterns ahead along with good support by this correlation, this increases good chances of winning probabilities of our...
Tried to capture Elliott Wave Theory Patterns:- Elliott Wave Theory is named after Ralph Nelson Elliott (28 July 1871 – 15 January 1948). 3 Cardinal Rules of the Elliott Wave Theory Rule Number #1: Wave 3 can NEVER be the shortest impulse wave Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1 Rule Number #3: Wave 4 can NEVER cross in the same...
Most common found pattern. Its temporary pause to extended rally. Key to identify this pattern is rejection after breaking wave A start. Always look for very smaller margin rise above start of wave A. C wave is sharp fall to reach 0.382 Fibonacci retracement of rally. All other details explained in chart. Comment your doubts.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of...
A possible projection of Elliot Wave for Eicher Motor stock. Stock is making impulse wave expecting it to break all time high. Just for educational purpose. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgement while...
DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of...
In the Five-Wave pattern, 3 of the waves are in the Directional Movement they are 1,3 and 5. The remaining 2 waves are Countertrend interruption they are 2 and 4. Waves 2 and 4 are necessary for the directional movement to happen. 3 Rules of Wave Pattern >Wave 2 can never overlap wave 1 >Wave 3 can never be the shortest >Wave 4 never enters the wave 1 Waves...
I have described the complete market cycle of elliott on the weekly chart of nifty as well as two model structural development which are Motive and corrective. Now that I've reviewed all types of waves, I can summarize their labels as showed in the nifty chart. If you have any query regarding to my chart or mistake in it, let me know throughout the comment. thank you.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of...
DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of...
Not a trading call. Purely for Educational Purpose. Consult Financial Advisor before taking any trades. ---------------------------------------------------------------------------------------------------------------------------- Wave Analysis Flat Correction (W X Y) - from the highs of 442 can be completed with one more downside leg or fall close to 300...
For Educational Purpose Do not consider this a trading call. Consult a financial advisor before executing any trades. "Risk Management" is the most important lesson -a trader has to learn before taking any trades. ...
Disclaimer: Just for Study purpose, trading/investing not recommended on this analysis it can be wrong. Reliance gives classic examples where it shows similar targets with help price action and Elliot waves. Inverse Head and shoulders breakout target seems to reached As 3rd Elliot wave is extended 5th Wave should be normal (not extended) During Run up it...
Video Idea Shall Have Quick Review Hindalco BankNifty Nifty ---------------------------- Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns....