Eliotwave
NIFTY ElliotWave Impulsive rally (E) is done, Spinning topWe were posted earlier 2days back that Nifty seems following the Elliot Wave. The last leg of Impulsive rally upto E is done.
And today's candle is a Spinning Top.
It seems not good days ahead ... 16200 in card for July Expiry? If Eliot Wave is something to go with. The collective phase upto point-A.
JINDAL STEEL TO STEAL THE SHOW ⚙️⚡Reasons for strong buy
1. Elliot motive wave 5 formation ahead
2. MACD Bullish hidden divergence
3. Darvas box breakout ahead
CMP - 396
BUY above 412
Early Target - 432
Swing Target 1 - 432 /445 /500
Target 2 - 546/560
Stoploss - 380
Elliot motive wave rules
1.wave 3 shouldn't be the shortest amont wave 1,3,5
2. wave 4 should not overlap with wave 1
3. wave 2 should not break below wave 1
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Reliance Neowave ForecastNSE:RELIANCE
Hello Everyone
As you are seeing on chart wave ((1)) has been completed and currently we are in wave ((2)) which is Developing in form of (W), (X), (Y).
If this movement sustain than in future we will see a wave ((3)).
So this is a good place to invest in reliance for delivery.
This prediction will take time.......may be few month
Thanks
Neowave Forecast
CRUID OIL ELLIOTT WAVE ANALYSIS 22.2.21BUY 58 TO 56.589
TARGET 71
Reason For Buying This Script :
In weekly frame it is forming the Elliott wave it is having good potential to move upward. so we can go for buy.
Now it is in correction mode . Use this opportunity and buy at this levels 58 to 56.589.
once it cross 71 and close above 71 in weekly time frame means next target up to 87 .
Note :
Above given levels are based on weekly time frame . It will take some days to achieve the target, So be patience.
Above given target are in USD .
All the best ...
CONTAINER CORP ANALYSIS 05.12.2020Buy : 413 to 409
Target : 441 to 449
Reason Buying This Script:
It is travelling in trend line and channel line.
Note:
Once it has close above 449 in weekly time frame , with strong bullish candle means then next target up to 478 to 481.
Above this levels are based on weekly time frame it will take so many days to achieve the target. So be patience.
Go for longGo for buy if next day candle closed above the high of Hammer to confirm the existence of bullish force and place stoploss at 915.00