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Eliottwavetheory

NSE JNJ - Elliott Wave Correction Targeting 258 UpsideJohnson & Johnson is in a Wave (4) correction after completing a strong impulsive Wave (3) near the 250 zone. The current move looks like an A–B–C pullback, with price slipping below 232 and heading toward deeper support. This correction remains healthy within the larger uptrend and does not damage the bullish structure unless key swing lows break decisively. After Wave (4) completes, Wave (5) is expected to push higher. Upside targets stand at 238 , 247 , and 258 , with 247 acting as a key breakout level. A move above this zone would confirm continuation toward new highs. We will update further information soon.
NYSE:JNJ
by BrightRally_Research
Nifty may reverse from 22,000 ±100.Nifty is currently in a broad corrective structure between 26,300 and 22,000 as per Elliott Wave analysis. The ongoing decline appears to be the final leg (Wave 5), with strong support placed near the weekly 200 EMA around 21,900. Technically, momentum indicators like RSI and MACD suggest limited downside remaining, though a pullback toward 23,800–24,000 cannot be ruled out before the final correction. Nifty can short near 23,800-24,200 for downside 22,000 Nifty 22,000 ±100 would be the reversal level. The zone of 22,000 ±100 is expected to act as a strong accumulation area for long-term investors. A staggered investment approach is recommended, gradually deploying capital as the index approaches key support levels.
NSE:NIFTYShort
by tradetechnicalanalyst
1
Wave 4 Trap Complete as Bitcoin Prepares for Final Flush6 Days Ago 3 Days Ago 1 December 2025 : BTC moved into the expected corrective zone last week but stayed inside the falling channel, showing that wave 4 was only a temporary bounce. Buyers failed to break any key resistance, and momentum kept fading. This kept the broader outlook bearish and hinted that wave 5 was still pending. BTC has now broken below the short-term rising structure, confirming that wave 4 topped out near the 0.786 retracement. The rejection from that zone triggered a clean shift back into the main downtrend, with price sliding toward the key 86,280 support. As long as BTC holds below the upper channel boundary, the market remains positioned for further downside, with the 1.618 extension around 79,650 emerging as the next probable target for wave 5 completion. Note: The rejection from the 0.786–resistance zone shows buyers failed to take control. Wave B at 86,280 is the immediate pivot level; staying below it keeps downside pressure intact. The next major target for wave 5 sits near the 1.618 extension around 79,650. Stay Tuned :) @Money_Dictators
BITSTAMP:BTCUSD
by Money_Dictators
Nifty 50: Genuine Rally or Selloff Setup?The Nifty 50 Index went up, but this upward move was likely just a temporary correction, not the start of a new, long-term rise. Bottom (Wave W): The index first hit a low around 24,377 Bounce (Wave X): It then went up to a high near 25,448 . This rise was a clear, three-part corrective move (like an ABC pattern) that stayed inside a rising channel . Clue: Because the move from the bottom (W) to the peak (X) was corrective, it suggests the overall trend is still bearish (downward). Points to look at: 1. Reversal: The index is currently around 24,836 and is starting to turn down from the top of that rising channel. This suggests the temporary rise is over. 2. Projected Drop (Wave Y): The main prediction is a significant drop (Wave Y) that will likely break the previous low of 24,377 . 3. Target: This decline is expected to head toward the lower blue trendline on the chart, completing a larger WXY corrective pattern. 4. Projection: Ending point of wave (Y) can act as the ride for the new impulse cycle. 5. Bearish Stance: Traders should be cautiously bearish (expecting the price to fall). 6. Price action perspective: Previous swing is bearish, better to look at short positions for safe entry. 7. Selling Opportunities: Any small upward movements (retracements) are seen as good selling opportunities (betting on the price going down), as long as the price doesn't break above the recent highs or the channel ceiling.24,300 is indeed a strong demand zone. Stay tuned! Money Dictators :)
NSE:NIFTY
by Money_Dictators
2
Elliott Wave Corrective Wave Theory- DYDX to $28 soon! Hi traders, pl. refer to the above chart for knowing how Elliott Wave Correction Theory is currently forming up on DYDX. Some pointers- * DYDX has stopped forming new lows rather forming equivalent lows which shows end of an impulse downside move. * We see huge volume expansion showing the interest of people * We see RSI bullish exaggerated divergence meaning the Price is forming flatter bottoms but the RSI looks bullish as it forms lower highs. * We have entered wave A HODL
BINANCE:DYDXUSDTLong
by meetmoneypenny
Ultratech Cement On final push then fall aheadUltratech Cement had stellar rally from 2900 to 8000+ looks to be heading max 8532 which is max possible upside for it as wave 5. Then a corrective wave will start towards 6300 which is 0.382 fibonacci levels. Notice MACD Negative Divergence price making higher high and MACD higher lows. 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 your financial advisors before investing/trading. Not recommended to take FnO positions based on this analysis I may or may not trade this analysis.
NSE:ULTRACEMCOShort
by Niftydirection