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Cwave

Force Motors - Daily TF - Long TermThis is the Elliott wave analysis of Force Motors on DAily TF, below are the inferences - 1. Stock is in C wave, which is the end of correction after an impulse. 2. It can still continue correction further after creating the bottom. This correction might be time-wise or sideways correction. 3. But currently, the C wave is yet to be completed. 4. Projections or Targets of C wave are marked as Fib extensions. 5. After the correction (price + Time), stock can start next impulse but that will take substantial time from now.
NSE:FORCEMOT
by KunalSaxena10
Shriram Transport Finance (D) - Head & Shoulders Chart PatternShriram Transport Finance (Daily) Head & Shoulders Chart Pattern Lower bollinger band is challenged MACD of the daily wave and weekly tide is downtick RSI is below 40 in the oversold zone Stochastic 14,3,3 is in negative crossover and oversold zone -DI is above +DI and ADX is above 15 in the Directional Movement Index (DMI) Seems to be in the C wave currently Look for the next major support below on the chart as Target 1
S
by Dhiraj_Ahuja
Tata Chemicals (Daily) - Head & Shoulders Chart Pattern Tata Chemicals (Daily) Head & Shoulders Chart Pattern Seems to have entered the C wave MACD of daily wave and weekly tide are downtick RSI is downtick too, one can wait for it to go below 40 in the oversold zone and Bollinger Band to get challenged on the lower side to be doubly sure Stochastic 14,3,3 is in negative crossover -DI is above +Di Possible targets from where it can take support and show bullish reversal Target 1 - 795 Target 2 - 691
NSE:TATACHEM
by Dhiraj_Ahuja
BTC-USD(Weekly Analysis)BTC continues to be in sideways movement and traded in a range of $32,699K to $36,660. It formed a monthly red candle for June, with long upper and lower wicks and closed the month with a 5.95% decline. On the weekly TF, it formed a Doji candlestick pattern which depicts indecision between the bulls and bears, it closed the week with minor gains of 1.66%. It is still managing to hold its 0.786 Fibonacci retracement level which is present at $35K. On the Daily TF, BTC has been trading in a range of $31,000 to $41,000 since May 19th. It is forming a horizontal channel kind of pattern and currently, it is trading between the lower and middle band of the channel. On the downside, immediate support is present at $32,500, if it decisively breaks this level, the next support is present at $30,000 followed by $28,000. On the higher side, BTC has not been able to close above its 20-DEMA which is present at $36,200, once we get a daily closing above this level, the next potential hurdle is presented by its 50-DEMA which is placed at $38,000 followed by the major resistance in the range of $41,000 to $41,500. As per the Elliot Wave formation, BTC is still in the bearish phase and is still in process of making the 5th corrective wave and can make a low of $24,000 before its cycle is over. However, a pullback can be expected till the level of $38,000 before the next downside wave. Weekly MACD is signalling a negative bias.
COINBASE:BTCUSD
by TradeDog-Research
Weekly nifty Elliott wave theory its time to ride C wave As i have observed market has been long form the log time after 2008 crisis if we impose the five wave pattern in it as i show in chart Please correct me if my wave count is wrong i just want to discusses weather we have right now a big short or not i feel in before march 2021 market will fall and it been in 2008 Please share your view on it. Some point which also supporting the fall in the market Repo rate of RBI is at all time low 4 % for us its .25 % just above the zero as it was in 2008 NIfty PE ratio is above 28 which also indicate not to go long in current circumstances Conflict Between world and china Every one is aware of pandemic condition we have right now This is my first post If i forgot to mention something please forgive me
NSE:NIFTYShort
by Elliott_wave_study
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