Elliottwaveanalyis
USDINR multi time frame aligned Elliott wave counts analysisUSDINR possible and aligned Elliott wave structure of multi time frames from monthly to hourly.
Monthly chart
Weekly chart
Daily chart
4 Hourly chart
1 Hourly chart
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
US OIL ELLIOT WAVE COUNTS AND BREAKOUTCrude oil is looking Bullish ahead Reasons are mentioned below
Inverted head n shoulder Neckline Breakout
Price taking support from RK's Mass psychological cloud and RK's stopline in daily time frame
Possible wave counts on weekly chart
Possible wave counts on Daily chart
Possible wave counts on 4 hourly
Possible wave counts on 1 hourly
Price challenging upper band on daily time frame
macd positive cross in daily time frame
macd converging towards north uptick in weekly time frame
RSI uptick above 60 in daily time frame
DMI ADX positive uptick in daily time frame
Price closed above 50dema, 100dema & 200dema
Weekly close above 20WEMA, its also above 50 WEMA, 100 WEMA & 200 WEMA.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Balkrishna Ind can go downAs Per Elliott wave theory NSE:BALKRISIND looks bearish for short time, formed channel in wave C expecting minute Wave 5 will reach till fibo ratio 0.786 or 1688, and possibly reverse. if price goes beyond the invalid line or breaks channel upward then markings need to recheck.
Risk management is Imp, use stop loss, Happy trading.
Naukri Info edge wave counts and much more things.Naukri (info edge)
Friends, please go through details shared below, which are making our bearish bias very strong.
All the key levels are mentioned in chart along with stop loss and Targets.
Possible wave counts on Daily time frame
RK's mass psychological cloud is also suggesting Bearishness ahead.
Bearish divergence in MACD, RSI and STOCHASTIC too.
Currently price below lower band, RSI below 40, MACD negative and below zero line, and finally DMI bearish along with ADX bearish power up.
Breakdown with good intensity of Volume on daily chart, also with further follow up in price action.
MACD in daily Negative with Down tick below zero line
MACD in weekly Down tick below zero line
MACD in Monthly Negative with Down
Price closed below 20WMA mid Bollinger band of weekly time frame.
RSI in Daily is below 40.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Godrej Properties: Elliott Wave View (Update)Godrej Properties has shown good strength for its upside. It has also formed an interesting structure
at the bottom which is called inverse head and shoulder. The breakout of the neckline may further accelerate the move
towards our fist target of 1494 and breaking that will achieve our ultimate target of 1553 of our internal wave 3. Staying
with the stock may generated good returns in short term.
Wave counts internal waves for other wave count you can visit the last analysis of the Godrej properties,
Thank you.
US oil - Crude oil Elliot wave countAs per wave structure wave 1 and wave 2 of bigger degree has been completed and now, possibly we are unfolding smaller degree wave 1 of bigger degree wave 3.
It has given breakout with good intensity of volumes on hourly chart. Well, Overall crude oil is looking good to go long at these levels with stop loss of $ 85.70, for Targets of $ 90, 92, 93.70, 97.86, 100.71, and up to 105.
Breakout with good intensity of volume
MACD already positive and uptick and also above zero line on hourly time frame
MACD uptick and now positive crossing on daily time frame
RSI uptick on hourly time frame
RK's mass psychological cloud suggesting to Buy now or Buy on Dips (if any)
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Banknifty analysis for next week#banknifty analysis for next week:- Wave 4 is always painful, hitting StopLoss left and right is a common phenomenon.
Wait for the next wave 5 upmove
Two analyses:- 1 HR TF for bird's eye view and 15 min TF analysis for day trading
#elliottwave #nifty #stock #StockMarket