This stock has been under performer most of times, but now the way chart is formed is a good sign for bulls, now it may do out perform against market also. On daily time frame it has given good breakout along with good intensity of volumes, also trend indicators and oscillators are in favor to go long, Overall wave structure is also suggesting same bias as a...
When applied Elliott wave theory we have completed 1st impulsive wave (leading diagonal) and ABC correction which is wave2 and now we are currently in wave3 Tp : $1.75 , $1.85
LTI is showing wave structure like, either larger wave A-B-C is done and now deeper retracement is possible as a wave X, or after wave 1-2-3 is done and now possibly in wave 4, where wave A-B is done and now wave C is unfolding. This stock can see good pullback towards north direction nearly above 4600 where wave C would be equal to wave A, on the way down 4000...
As per Elliott Wave Theory when NSE:NIFTY itself was falling NSE:CNXAUTO hold its fort. Now I'm expecting a similar type of fall in Nifty Auto too with a stoploss above its recent high. You can see my recent Nifty analysis too.
Here is possibilities of what does Nifty overall wave structure says. 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...
Nifty is making lower lows and highs as the trend unfolds and is far from over from an elliott wave perspective. A lot of people are still bullish but there is no panic in the market as seen by the selling volumes that are absent. There is no selling climax.
Hi friends, my EW analysis on EURUSD says a corrective 4th wave going on currently and a 5th wave down is expected, going below the weekly low of 1.03495. The 4th wave has either ended with the top of 1.0780s or there can be one more high ending below the wave 1 (in pink) low of 1.08050 as shown on the chart.
NIFTY ELLIOTTWAVE COUNT FROM 4th April high - 18114
This stock has aligned all sentiments in multiple time frames which are good enough to forecast next moves, and it indicates bearishness ahead. Price trading below support line and also below major EMAs like 200ema, 100ema, and 50ema on Daily time frame. Wave structure is also suggesting more correction ahead, after good up rally and high of june 2021, it started...
Key Level: 824 & 853 Adani Port has broken down the corrective wave X and started forming an impulse wave ((5)). Price had broken down the 8-month-old correction, and Adani Port surged rapidly. Adani Port can u-turn from 1.618% at 1049 . It is a reverse Fibonacci of wave ((4)). Currently, the price is at the 78.6 % reverse Fibonacci level at 853. If Adani...
Given the current Impulsive progression to the downside, RBL Bank looks all set to make a move lower than 111 level as what looks to be Wave 5 in the progression. Further on the move seems to be having support from the Indices which are themselves showing weakness.
Given that the current progression looks to be either an Impulse to the downside as Wave C or a corrective continuation, expect Zomato to see more fall in the short term. Also any upmove for now be a pullback, hence allowing us to plan shorts from a swing perspective.
SAIL has been forming descending channels for more than 47 weeks . It has accomplished corrective structure((4)) at 61.8% of wave ((3)). Wave ((4)) is a double combination pattern. After creating a low of 84.35, the price started marching upward. If the price breaks out of the corrective channel, traders can trade for the following levels: 123 - 143 - 162+
As seen in the chart Minute Wave C is completed, which completes the Minor Wave 4. So, one can expect the Start of Minor Wave 5, Minutte Wave 1, is formed as Leading Diagonal Wave 3 can be go up in big move, as seen in HFCL one can go through my HFCl analysis. If the price broke the invalidation level then it needs to recount. Note - before taking trade please...
NSE:NIFTY Hi Everyone This is our nifty continuation forecast of nifty. As you can see nifty is falling for last 2 weeks and its going further down. So to understand our complete view please watch the video. Please follow us with likes and comments. Thank You. This is our weekly chart with medium degree neowave count.
SILVER MCX in the near term 70500 - 70600 are the resistance zone for silver mcx, it has possibly completed wave ii in three wave decline, and now possibly wave iii is unfolding. If our wave counts are going correct then above resistance zone silver can show 79000 plus, where wave iii would be equal to wave i. Currently price is sustaining above RK's stop line and...
NSE:NIFTY Hi Everyone This is an continuation forecast update for Bank Nifty . To see our previous forecast click on the link on the chart. If you have any query , feel free to ask us. Please follow us with likes and comments. Thank You Wave Forecast
Voltas, this stock has been consolidated in a parallel channel since October 2021, and now very first time it has closed just out of that same channel's top on daily time frame, Also it has been closed above 20DMA from last 15 days and sustaining on same. As per elliot wave structure we can assume that from the low of 8th March fresh impulse wave 1 started and on...