Hello Friends Here we had shared possible Elliott wave counts on Zinc Futures chart of mcx Elliott Wave Analysis for Zinc Future (Hourly Chart) Bullish Outlook: On the hourly chart of Zinc Future, the Elliott Wave analysis suggests that the asset has completed wave 1 and wave 2. The current price action indicates the unfolding of wave 3, with sub-waves (i),...
Nifty Aug Series Expecting Low is done today (03.08.2023) 19296 Day low is hold not closed below today low then Possibility bullish to side waves Note: Not close below day low Note:Educational purpose only .
Timeframe: 30 min Brief analysis: HEROMOTOCO has started a five-wave impulse cycle from the low of 2745.5. Price has accomplished wave Y of wave (4) and started impulsive wave (5). Buyers will have an opportunity with a captivating risk reward to ride the trend after confirmation for the following targets: 3167 – 3210 – 3260+ . In-depth analysis: NSE...
NSE:CAMS is currently in a correction phase, according to the Elliott Wave Theory. The stock has completed wave 3 of the correction, and wave 5 is yet to complete. This means that the stock is likely to continue to decline until it reaches the Fibonacci level of 0.618, which is around ₹1,863 per share. Once the stock reaches this level, it is expected to start a...
Crudeoil looks bearish for short term.going down in wave C
After a 5-waves up stock has corrected to 50%-61.8% Fibonacci retracement level and bounced back forming HH HL. Considering the rise as wave-1 and the fall as wave-2 , the current bounce is suggesting that stock is unfolding it's 3rd wave which shall take the prices towards 2230-50 zone in the coming weeks. TRADING STRATEGY: Buy near 1970 , SL: 1830 TGT: 2230-50/ 2480
Company Overview L&T Finance Holding is a non-banking financial company (NBFC) headquartered in Mumbai, India. The company was founded in 2008 and is a subsidiary of Larsen & Toubro, one of India's largest engineering and construction companies. L&T Finance Holding provides a range of financial services, including retail loans, commercial loans, and asset...
Today Nifty has shown high level of volatility, but failed to break its life-time high. I think Nifty is about to complete its major 3rd wave of the cycle. I though it would touch its upper band of the channel and reverse back from there. Clearly big players cleaverly resorted to profit booking. Tomorror it may go up and break its LT high towards the upper band...
Hello Friends, Here we had shared possible wave counts of SRF Ltd. which is clearly showing corrective phase in current scenarios, After completing impulse move as 1-2-3-4-5 now we are in correction, which is unfolding as A-B-C as a zigzag correction pattern, which should unfold in 5-3-5 subdivisions, and already we had finished wave A and B, now possibly we are...
Hello Friends, Here we have shared possible trade setup in MARUTI INFRASTRUCTURE LTD. based on possible Elliott wave counts, One can go long above 118 or below 109, with invalidation level of 99.45 for Targets of 126.75 and 140++ I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or...
BANKNIFTY Ending diagonal elliottwave possible next move could be correction abc
BINANCE:BTCUSDT going through complex WXY correction. Currently into subwave A of major wave Y. Possible target for end of WXY correction between 25700-25300.
Hello Friends, Here we had shared possible Elliott wave counts of Apollo Hospitals, in which price has given breakout along with good intensity of volumes in daily time frame, as per Elliott wave structure, chart says that either we are in impulse or in correction, in both scenarios we have to go towards north direction first then whatever may be, as per Elliott...
Hello Friends, Here we had shared possible Elliott wave counts on SOMI CONVEYOR BELT in which wave structure is clearly indicating impulse up move ahead, along with cup and handle chart pattern breakout, which is itself a fresh bullish signal. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor...
Hello Friends, Here we had shared possible Elliott wave counts of RBLBANK, which is suggesting Bullish bias ahead, and chart itself says everything, some significant snapshots are shared below, you can go throughout. Thanks Elliott wave counts on chart Breakout with good intensity of volumes on daily chart MACD positive crossover in daily chart MACD uptick...
technical analysis of J K Cement: -The RSI is at 53.7, which is considered neutral. -The MACD is positive and rising, which is a bullish signal. -The ROC is positive and rising, which is also a bullish signal. -The 50-day moving average is at 3052.56 and the 200-day moving average is at 3138.38. The stock is currently in a channel pattern in the daily time...
NSE:NIFTY is currently into subwave 4 (orange color) of larger wave 5 (blue color) of larger wave 3 (gray color). The subwave 4 (orange color) is most probably complete and we should witness subwave 5 (orange color) from hereon. Level around 18843 (red color horizontal line) should mark the end of larger wave 5 (blue color) and also larger wave 3 (gray color).
Hello Friends, Here we had shared possible Elliott wave counts of MRF chart, in which we can say that currently we are near to make one more top as a wave 5, so any dip could be used as an opportunity to go long with strict invalidation level of 95164, which is stoploss level of current view. Thanks I am not sebi registered analyst. My studies are for...