Elliottwaveforecasts
TVS MOTORS possible Elliot wave countsHere we have shared possible Elliot wave counts of tvs motors, just for educational purpose, on monthly, weekly, daily and hourly time frames, all aligned with each other, so here we are getting both side confirmation levels for next possible moves.
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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.
PAGEIND possible Elliot wave countsThis stock has completed wave 1 of higher degree wave cycle and now definitely we are in correction as wave 2 of same higher degree wave cycle, in which we are unfolding wave A of one degree lower wave cycle, in which possibly we are in wave iii or wave c of one more lower degree, that means possibly we are in wave iii or c of one higher degree wave A of one more higher degree wave 2, so we can unfold correction pattern as zigzag or as a flat or as an expanded flat as well. This post is not for any types of tips or advisory or any type of trading ideas, this is shared just for educational purpose only
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.
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 Timepass as Triangle formation In progressIn Elliott Wave this is referred to as Running Triangle whose final E leg pending.
E could finish near 41400-350 zones in next session then break above 41680 will trigger rally minimum up to 42400.
Analysis will be invalid if breaks 41250
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
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BANKBARODA possible Elliot wave countsThis stock has shown almost aligned wave counts from weekly to daily and from daily to hourly and right now its in correction area of some lower degree wave counts
macd on hourly chart
momentum negative cross done on hourly
Price under and below RK's stopline in daily
Price made neutral candle under and below 20DMA in daily
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.
DelhiveryThis stock has given good breakout on daily time frame along with positive divergence in RSI along with macd positive crossover.
Also possible Elliott wave counts are suggesting same bias, one can go long with strict stop loss of swing low of 289.90
Overall chart along with possible Elliot wave counts
macd positive
rsi breakout and rsi positive divergence
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.
Bank Nifty- Expiry Week Outlook 19th Jan 2023Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Short Video Outlook on BankNifty
Support Zone 41700-41800 or close to 42000 - If Index holds & takes support then expect below mentioned targets
42555
42700
43000
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Bank Nifty - Emotional Zigzag (Weekly Outlook 9th -13th Jan2023)Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
This Video Talks About
Fear & Greed - Two Visceral Emotions
It is very important to control your emotions, to avoid any unfavourable outcomes for the
decision made as an investor or trader in the market
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BankNifty Weekly Outlook
Weekly outlook for the Index / What to be expected. Opening huge gap up for Index today @
9th Jan2023, do not
hurry up & if Index halts upside in 42650-42750 zone, look for retracement in 42200-42300
zone & managing your risk below 41900-42000 & doing your due diligence, can expect
upside attempt by the index in 42800-43000 zone / above 43000 for 43200 later close by
range of 43578 which is close to the parallel channel drawn from 44151 to 43578 & pulling
down to connect 41597.
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.
HDFC: Welcome the Third Wave RallyFrom the bottom of Mar'20 of 1473 stock has rallied to 3000 odd levels in an impulsive manner which can be counted as clean impulse pattern of five distinct waves. This impulsive rise can be designated as our primary wave-1. After placing a high of 3021 in Nov'21 stock has undergone into a complex correction WXY in the primary wave-2 which was concluded in Jun'22 at the price level of 2026. Subsequently prices have bounced back and started rallying again in an impulsive manner. This rise can be assumed that stock is continuing its trend in a third wave rally. Maintaining the key level at 2026 one should remain bullish for long term investment and look for the usual third wave target of 4045 which is the Fibonacci 161.8% extension level.
Investment Strategy:
Buy in the zone of 2580-2630 and maintaining SL of 2026, look for the target of 4045 and later 5140.
HDFC: Power of Expanding FlatFrom the high of 2680 stock has given a correction in an Expanding Flat category. The post market price action of an Expanding flat is very powerful. Based on this observation HDFC stock is likely to extend the gains towards 2710-2715 in the coming days. Any weakness should remain above the level of 2632 however, nearest stop loss can be taken as 2649.
Buy: 2675-70 SL:2649 TGT: 2710-15
NSE PEL: Watch-Out For Cup And Handle BreakoutPrice has been trading in the long-term channels for more than 16 months. After making a low of 785 , prices started rising to the upper band of the parallel channel. Currently, prices are trading above 100 EMA .
PEL has formed a value area with a cup and handle pattern. The neckline of the cup and handle pattern is also the upper band of the value area at 915 .