Wave Analysis

sudhannayak

Om Namah Shivay Trying to do wave counting for sunpharma and the possible current count. Om Namah Shivay

Dev9939

It seems still we are in Wave 3 and might go for the 5th of Wave 3. We can expect 1370 or 1400 levels in days to come. Currently 1080 is the invalidation.

swapan-choudhury

Explained in the chart.

AJAYSHARMA

Described in the chart

swapan-choudhury Updated 

Explained in the chart.

swapan-choudhury

Explained in the chart.

Dev9939

Solid set up. Invalidation level is updated. On the upside we can expect 3250 if works out.

Dev9939

Stock has given a nice thrust out of a triangle. Super move

Dinesh_C_Nagpal

The sideways hourly corrective appears to have ended. It could rally now till 1070/1090/1150 as long as it does not breach 1020.

Dev9939

Gold updated earlier and it has fired. I have not changed the labelling but it seems we are in Wave 3.

Dev9939

We are in Wave 4 and its turning out to be complex. 535 is the invalidation. We can expect 600-620 on break out.

Dev9939

Hits 2000 mark

swapan-choudhury Updated 

Expecting mini 5th wave within big 5th wave.

swapan-choudhury

Explained in the chart.

Dev9939

Watch out for a break out here. May do 260

supremechart Updated 

Breakout Traders: When the price breakout the trend line after making the 5th or 7th swings and closes outside the pattern, a breakout is confirmed. Breakout may happen in positive or in a negative direction. Depending upon the market condition and the position of the pattern in the chart, bullish and bearish happens.

Dinesh_C_Nagpal

Nifty Pharma has activated a Bearish Harmonic Alt Shark in weekly time frame. A shallow correction wont breach 10500-10750 while a deeper one would test 9500. View negates above 11500

swapan-choudhury Updated 

Explained in the chart.