Elliottwavecorrection
AshokLeyland- The Big Move 40 to 83- My Next Portfolio StockDisclaimer
-----------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
-----------------------------
Portfolio Picking Zone
Zone 1- Between 60 & 65 - If drops below 60 then plan your stock pick between Zone 2- Between 40 & 45 zone
--------------------------------------------------------------------------------------------------------------------------
ONGC - Portfolio Stock Pick @ 60
-------------------------------------------------------------------------------------------------------------------------
Thanks for watching the idea. Have a wonderful time ahead.
Auropharma- B-Wave Shift Can Cause Havoc- Part 2Short Term Trading Plan
Last Price- 819.40
Short Term Buy Above 820 (Strictly follow the levels) for 835-840
If crosses above 840 / 845 zone then extends upside to 855 / 870 -
Long Term Trading Plan
Careful at the tops as fall may start later for downside target 735 & even lower in Larger Degree -Wave C
--------------------------------------------------------------------------------------------------------------------
B-Wave Extended to 968 Highs & Drop Started
Bank Nifty - 22365 (Don't Forget The Level) - Bearish GartleyLast Fall from 22365 & fails to hold 22300 levels mentioned over the idea. Got the fall 22300 to 21400
--------------------------------------------------------------------------------------------------------------------------
Bearish Gartley From Same Level ------- 22365 ( Very Close) --- If BNF holds "below 22365 / 22300 " then we can expect a drop to 21600 -target & going below 21600 - we can expect more fall
----------------------------------------------------------------------------------------------------------------------
This idea is not valid above ----------- 22365 highs ***
Nifty- Channel Support At 11085 (Bounce Expected)Last Price- 11050 / 11:27 Hrs / 22nd Sep 2020
Hope You Enjoyed The Last Crack from the Tops of 11600 to 11085 . Some relief can be expected until it holds the channel support at 11085 -day low so far.
Stops Below 11085
Target - 11190 / 11250 / 11325
-------------------------------------------------------------------------------------------------------------------------
Last Nifty Idea - Catching The Tops at 11600
-------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
TITAN : CASE OF ENDING DIAGONALThis 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 reversal takes place which bring the prices back to the level from where the diagonal began.
Here in the stock of TITAN, this ending diagonal is placed as a wave-C of a corrective move.
As you can see in the chart, this pattern looks like an ending diagonal having wave-1 wave-2 wave-3 wave-4 & wave-5 . Each of these five waves are having an internal structure of three waves. So as per the wave analysis we can say the stock price of TITAN are going to fall . It has been seen that the target level of ending diagonal wave is the origin of the diagonal or the wave 2. So one should see a selling opportunity in this stock & look for the target zone as mentioned in the chart.
USDCAD- case of Ending diagonalVery soon there will be a trend reversal in the pair USDCAD. The current price structure is forming an ending diagonal which is going to complete the long term corrective wave A-B-C started in the month of march. The another reason for expecting a trend reversal is the bottom formation of dollar index, which clearly suggests that major reversal going to take place. Important levels are 1.30800 as the last & Above: 1.32400 reversal confirmation.