After sharp fall from top of the wave 5 or we can say top of June month, it has fallen in five subdivided pattern as a wave A, which clearly shows that correction is in zigzag pattern, we all know some basic rules for zig-zag correction, that it comes in three subdivisions like A-B-C, and wave A always subdivides into an impulse or leading diagonal, and wave B...
Reliance chart has been analyzed as per Elliott Wave Theory . Here what we can see is NSE:RELIANCE is going to make a fall in the higher time frame. Any query is welcome.
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times.
In TATASTEEL ending diagonal has been formed at the end of Wave B, If there is downward breakout one can expect down move which is the start of wave C, if it didn't breaks the invalid level placed at 1386.7, then the marking are invalid.
As seen in the chart Minute Wave C is completed, which completes the Minor Wave 4. So, one can expect the Start of Minor Wave 5, Minutte Wave 1, is formed as Leading Diagonal Wave 3 can be go up. As seen in the whole Auto Sector is in rally one can expect 20% up move. If the price broke the Invalid level then it needs to recount. Note - before taking trade...
As seen in the chart Minute Wave C is completed, which completes the Minor Wave 4. So, one can expect the Start of Minor Wave 5, Minutte Wave 1, is formed as Leading Diagonal Wave 3 can be go up in big move, as seen in HFCL one can go through my HFCl analysis. If the price broke the invalidation level then it needs to recount. Note - before taking trade please...
As per chart of #MAXHEALTH Wave C is Completed & Expecting a bullish trend, with Target 1- 384, Tr2- 424 . Please take in consideration If the Low is broken i.e. 326 the marking are invalid. Note - View's provided are for Educational purposes only, please do your own Research.
GUJGASLTD expecting rise of about 20-25%, Wave C is ended which is also a end of larger Wave 4 possibility of going upwards to wave 5 can go 975. Please take in consideration if it goes below invalid level i.e. 477.55 Note - View's provided are for Educational purposes only, please do your own Research.
2nd wave of the 5th wave have ended, 3rd wave of the 5th wave has started. bank nifty also consolidated today and formed a bullish flag patter and it gave a good breakout it have also formed the AB=CD Harmonic pattern so expecting a gap up opening of minimum 200 points tomorrow after the completion of 3rd wave expecting a quick fall as a retracement above...
Target done at 2900+ for Traditional Chart Patterns. The stock rallied 25% from the bottoms of 2400 since July 2021 in running Wave-5. What could be unfolding here in wave 5? Are you ready for the next move? ---------------------------------------------------------------------------------------------------- Last Idea - HDFC- WaveTalks- Pattern, Patience &...
This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal , a swift & a...
This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal, a swift & a sharp...
Elliott Wave Theory is a way to organize the market into waves and sub - waves . This strategy is useful for identifying patterns in several timeframes . These structures usually follow Fibonacci Retracements . The main structure is a five - wave patterns ( or impulse ) for a rally or drop . The ABC ( or consolidation ) pattern Usually acts as the next wave movements .
AXIS BANK is forming a corrective structure . One should go short with the sl of 745 for the tgt of 680/650/630.
After completing the super cycle W5, Nifty entered into what could possibly be a correction (or a bear market?) in text-book style leading diagonal pattern(Wave 1). Currently its either approaching end of Wave 2 or already just completed W2. Expect Wave 3 to be nasty and swift and deep. Target Date: Likely by mid to end of June Target correction: 10 to 20%.
Heavily bullish above 1020 for the target of 1100/1120
Pair has made a bearish sequence of 1-2 ...and we are looking for a aggressive downside third wave movement. Sell on rise with SL of 1.38340 for a target area of 1.34900.
AUDJPY Analyze- 9 PM (TH)- 01/06/2021 We are in the wave of the second set of non-standard small x of wave x3 OR Wave A of x3 Which the price is forming last wave v of wave A and in a deeper degree, it is wave (iv) of wave v Where are we? x3 - A - v - (iv) Plan to trade for tomorrow 1. Wait for wave iv to retrace at red resistance horizontal line at 38.2% or...