Get started

Elliottwaveforecasts

Nifty50 in 3rd of 3rd waveHi everyone, Heavy inflows of foreign money & intensity of rise & gaps in every rise is giving indication that we are in 3rd wave of 3rd bigger degree and I wont be suprised to see this trending 30000 levels in nifty the fall we saw at 7500 can be 2nd of 3rd as 2nd wave fall is generally seen intense ,bigger degree 2nd waves are seen at 61.8% to 78.6% while in the 3rd wave the 2nd wave is generally seen not more than 50% retracement as 3rd wave is developing and its very impulse in nature. 1st and 2nd wave is generally seen near MA while 3rd and 5th is seen elevated above MA & similarly this developing 3rd wave is going to elevate above the MA hence I think this run is not going to stop till 32,000 level & may be by 2023-24 yes time cycles are giving some 23.6%-38.2% crash indication in 2026 end so may be we see 4th of 3rd bigger degree from there .. Please understand the chart and I will be happy for open discussion rather than trolling posts !! * for educational purpose, trade at your own risk !!
NSE:NIFTYLong
by VishalSancheti
4
Graphite Ready For ActionGraphite impulse wave count gave trendline breakout with volume wave 3 target 400 and wave 5 would be 450+ long at current price 211 or dip towards 200 with STOP-LOSS 160 DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:GRAPHITELong
by Niftydirection
Nifty- Buy Above 12625/12625 for 12770/12850This is short term view & holds valid till Nifty Index holds above 12625/12650 - You can expect impulsive move towards 12770/12850 - targets upside ( careful at tops) - if crosses 13K then structure has to be reviewed back. Thanks You need to be careful as suggested in closing comment of Reliance Idea published last (mentioned below) ------------------------------------- Last Reliance Idea -------------------------------------
NSE:NIFTYLong
by WaveTalks
16
Reliance- Cracks 3% - Has Wave 4 started? Downside (Top-2093)Not A Trading Call. Just for Educational Purpose Last Price-2010 / 11:46 Hrs / 11th Nov2020 ------------------------------------------------------------------------------------------------------------------------------ Recap Fall Below 2060/2065 which was updated in the last idea published as mentioned looks like an impulsive Wave-3 down finished the fall from 2310 to 1835 lows. ------------------------------------------------------------------------------------------------------------------------------- Present Day @ 11th Nov2020 ----------------------------------- From 2370 Highs - It can be counted as 1-2-3rd wave done at 1835 lows - wave 4 possibly done today @2095 & falling in wave 5 next Current upside move from 1835 to 2095 retraced close to 50 % can be possible wave-4 done at the tops (not confirmed yet) Next Support (Don't forget) -1990-2000 Question to ask - Was that Wave 4 done at the tops today or a part of corrective sequence --------------------------------------- Early Snapshot ---------------------------------------
NSE:RELIANCEEducation
by WaveTalks
11
Bank Nifty - Emotional Trap Above 26K+ (Butterfly Can Trouble) (Note- Please read the levels carefully- Last Nifty Idea was suggested not valid above 11930 levels- You need to manage your own risk) ------------------------------------------------------------------------------------------------------------------------------- Idea in Nifty (History May Repeat Again) - suggested that -Expected X-Wave can be 3-Wave Sequence (if crosses 12025 highs) ------------------------------------------------------------------------------------------------------------------------------- Bank Nifty • Butterfly above 26K+ can trouble • Is this the Emotional Trap? • Post Leading Diagonal which finished at 25232 Highs- Index looks to be running into irregular correction which at times can deceive traders by its look & appearance- make you believe that it was an impulse move • Butterfly can stretch 127 to 162% anywhere in between & has reached minimum criteria of 127% - which is the lower levels for butterfly harmonic pattern • Manage your risk & trade accordingly. Thanks for reading & have an exciting week ahead. Regards, Abhishek
NSE:BANKNIFTY
by WaveTalks
6
ITC Deatiled Elliot Wave AnalysisDISCLAIMER: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. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- Target price for wave v or wave (C) was actually 150 based on Fibonacci retracement plotted between wave 3-4 Planned video was around 10-12 minutes, plotted waves and targets for wave v(wave C) didn't got save so went ahead of time and become 16 min :D
NSE:ITCEducation
by Niftydirection
3
Auropharma - Cracks Again Part 2 (Reached close to 800)Disclaimer ----------------------------- 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. ------------------------------------------------------------------------------------------------------------------------------- Last Price- 784 / 12:48 Hrs / 5th Nov2020 Suggested in last idea- Stock reached close to 800 & started downside move. Hope you took the advantage of selling at tops close to 800 Risk was 5-10 points Downside is open for 750/738 & even lower Move has already started - If missed then risk becomes bigger & I won't advise to take sell as stops were above 800 -key level ------------------------------------------ Last Idea - Auropharma -------------------------------------------
NSE:AUROPHARMAShort
by WaveTalks
1
Nifty- Leading Diagonal Fall from 11920Last Price - 11860 / 10:37 Hrs -4th Nov2020 This view is not valid if Nifty crosses above 11930 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Already suggested in last video idea - US Markets are doing retracement for the last week's fall & 3550 is the key level so any upside move is just bounce back rally You just need to identify the key levels to take sell / short position according to your own risk involved in trading ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- • Leading Diagonal's are the structure which normally gets retraced 80/90 % • Structure started at 11969 • Today's high - 11920 • If the pattern is correct- all the gains shall be wiped out & Index falls to 11600/11500 (keep in mind- view not valid above 11930) ---------------------------- Last Idea ----------------------------
NSE:NIFTYShort
by WaveTalks
27
Nifty - Don't forget your levels - Can It Crack! (11825)Disclaimer ----------------------------- 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. ----------------------------------------------------------------------------------------------------------------------------- Last Price- 11815 / 12:43 Hrs - 3rd Nov2020 Quick Recap of U.S. Index - SP500/US500 As mentioned in last Nifty update- key levels to watch 11790 11825 11870-11880 --------------------------------- Last SP500 / US500 Idea -------------------------------- --------------------------------- Last Nifty Idea ---------------------------------
NSE:NIFTYShort
by WaveTalks
14
Nifty - Heavyweight Reliance Cracks 7% - Will Nifty Crack Next?Last - 11635/b] Heavyweight Reliance Cracks 7% (2065 to 1897) on disappointing results as discussed in overnight idea @ 1st Nov2020 & the personality confirms that stock could be in wave-3 or wave-C which was warned earlier that below 2000 - stock can have trouble. ------------------------------------------------------------------------------------------------------------------------------ Most of the stocks discussed has witnessed good intraday fall ------------------------------------------------------------------------------------------- Tata steel - Fall from 411/413 zone to 400 Auropharma - running close to 750's ITC - Falling in desired direction of 157 with key support 165-167 zone USDINR- Halting close to 74.50 key level ----------------------------------------------------------------------------------------------------------------------------- Idea Published @ 1stNov2020 ---------------------------------------------------------------------------------------------------------------------------- Will Nifty Crack Next ? --------------------------------------------- Moves are choppy & possible new upside can be expected only above 11700 & later should cross 11745/11750 key levels. Failing to cross key levels, index can slip to 11550 / 11380-11420 zone Target 1- 11550 Target 2 - 11380-11420 Parallel channel drawn from lows of 7511 connecting 10790 (discussed in last night video idea) -extended upside can offer support in 11380-11420 with minor support close to 11550 level. Thanks
NSE:NIFTYShort
by WaveTalks
18
Nifty- History May Repeat Again! Disclaimer ----------------------------- 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. ------------------------------------------------------------------------------------------------------------------------------- For Educational Purpose ------------------------------------------------------------------------------------------------------------------------------ History May Repeat Again – Ask this question to yourself & get the answer. Thanks In This Video Idea – We do quick recap for stocks • Reliance • Auropharma • Tatasteel • USDINR • ITC • Nifty Index to close the video
NSE:NIFTYEducation
by WaveTalks
10
Nifty Outlook- Ascending Triangle (Trading Plan) (22nd Oct2020)Traditional Chart Pattern- Ascending Triangle Discussed along with trading strategies in Hindi & English both. Thanks for watching the video Active Currently - Plan A - Sell Below 11955 for 11790-11810 target zone (Stops- 11960) Plan B- Buy in 11790-11810 with stops below 11750/11760 for target zone 11980-12000 Plan C- Sell Below (Strictly Stops above 12025) for target zone 11870-11880 Plan D- Buy in 11850-11875 with stops below 11790 target 12025 / 12250 +
NSE:NIFTYEducation
by WaveTalks
6