BTCUSDT(5TH WAVE ON THE MOVE)As shown, we might have completed the correction (WXY in which Y is a triangle) and wave 5 is on the move. The confirmation level is B of the triangle(@31506.48). Let me know what you think of this.
Elliottwaveprojection
RAMCO cement good long candidateRamco cement spot cmp 1100
Price action indicate counter is on verge to give breakout from it last 4 months consolidation,,
Elliot wave indicate counter is in impulse wave 3 of minor and major wave,,
good upmove can be seen on breakout
Good long candidate
INDUSIND BANK good long candidateIndusind bank spot cmp 1040
Cup and handle pattern breakout possible
and elliot wave counts indicate final wave of impulse phase on verge to unfold,,,
Good long candidate...
Nifty Zig Zag Correction possible X wave towards 15800Nifty formed today falling wedge pattern after few hours opening. This is also called ending diagonal appearing in wave 5 or C wave.
Wedge broken channel price was thrown under channel made low 15637.
Entire ABC move from 15916 completed near 15637.
Wedge had confirmed upside with 15688 breakout point.
Today it completed A wave of correction going up to 15710 then B was down to 15665
Currently C wave started expected to go towards 15808 or 0.618 Fibonacci retracement of move 15916-15637.
Move above 15770 to 15808 is expected to make price Throw Over channel.
DISCLAIMER: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.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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Nifty good long candidateNifty spot cmp 15680
Elliot wave counts of this last swing from 14200 to 15900,,
last impulse wave of impulse phase is pending,,
good upmove coming if manage to sustain above last swing low,,
Good conditional long trade,, the move will be violent as the consolidation is longer,,
Nam India Good long candidateNam India Elliot wave study ,, both minor and major cycle indicate good upmove can be seen in the counter,, price action also indicate most awaited breakout can be seen soon in this counter,,
Good long candidate..
Escorts good long candidateEscort elliot wave study and price action study,, counter is on verge to complete its 4th corrective wave of impulse phase and giving breakout from symmetrical triangle pattern formaiton,,
Good long candidate
Bank nifty good long candidateBank nifty .. Elliot wave counts and Equivalent ABCD harmonic formation,, all information mentioned on chart,,
Good long candidate
Nifty - Sell Only Below 15800 - Potential Gartley / Bat HarmonicFrom The Last Idea Published..... Closing comment - "Struggling to go below 15800 ---------------Avoid Selling ---------------Do not Sell-------If Index holds above 15800-------Thanks & Best Luck.
Trading Strategy
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Plan 1 - Sell Only Below 15800 - Do not trade if Nifty holds above 15800
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Target - 15675
Target 2 - 15565
Target 3 - 15505
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Plan 2 - Buy Once Bullish Harmonic Pattern Completes
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Gartley Pattern completes if Index halts close to 15565 (Target 2) mentioned in Plan 1.
Bat Pattern completes if Index halts close to 15505 (Target 3) mentioned in Plan 1.
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Thanks for your precious time. Wishing all of you happy weekend.
Mold-Tek Technologies 3rd wave spoted. Long near 65 SL 54 target 80-100
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study 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
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ITC Updated Trend Analysis !! Investment PickTREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 8-10 times.
Tata Motors Gearing Up for Impulse Wave 5 Tata Motors after Mar 2020 low 63 moved up by making wave 1 as leading diagonal
Next sub impulse wave (1) and (3) were normal waves without extension.
So (5) was explosive up raising 300% or wave (1)+(3) at 357.
After 357 high it retraced very small portion 0.232 Fibonacci level or 23% which is common in case of wave extended wave.
It appears to be making cup and handle pattern which could reach well towards 0.618 Fibonacci zones.
This rise from 280-360 is also observed to be leading diagonal
Minimum target of Wave 5 will be 0.618 of wave 1+3 combined which is 460
Long near 325-310 zone, with Stop loss 380, target 1 460, target 2 570
DISCLAIMER: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.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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Banknifty Triple Zig Zag Correction Complex CorrectionBank nifty going through triple zig zag complex correction and there is another 1000-1500 points correction possible towards 0.618 Fibonacci level.
With sharp recovery from 33909 its unclear if its A or Z wave completed already and new impulse started?
Monday will give Clear picture if its not able to cross channel top 35000 then we can expect C wave of Z to take it down towards 33500 (0.618)
Once correction is over we can expect V wave to begin towards 360000
This is the best possible Elliott wave count i can come up with, please hit like to motivate me to keep posting.
DISCLAIMER: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.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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BITCOIN may see further downfall as per tech analysis tools.BITSTAMP:BTCUSD Bitcoins is forming the inverted cup handle pattern in daily timeframe which is bearish and trend continuous pattern which Technical analysts often use as selling opportunities because of their ability to "prove" the lack of buying pressure during the timeframe being assessed. i think it ll go down upto 22400$ level .
its just for eduactional and for analysis purpose. dont trade on basis of this.
Lauruslabs long signalNSE:LAURUSLABS Lauruslab all time high..in daily timeframe and as per elliote wave projection in 15 min today it had 2nd wave that correction and ay tomorrow it start 3rd impulse wave which ll go upto 720-23 ...hope for good...
caution: its only for education purpose tarde with ur own risk.
Nifty zig zag 4th Wave correction on the wayWave C is expected either be a ending diagonal or zig zag going down in the channel as shown.
Once this move is done near 15580-50 levels another big move UP will take place.
Target 1 level as you can see 0.618 Fibonacci retracement near 15580 or 1.382 fib extension of Wave A.
Target 2 level is 1555 is 1.618 Fibonacci extension of Wave A
DISCLAIMER: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.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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#Escorts Great Investment Escorts appears to be a sensible purchase as a larger wave 1 & 2 has completed, indicating that there will be a substantial rally in the uptrend, leading to a goal of 2415.55 if it breaks all of the targets listed below.
The targets for a strong positional investment during the next 200 days are shown below.
1st Target - 1486.20
2nd Target - 2054.70
Nifty Redraw Elliot Wave Count and New High ProjectionFollow Blue count Wave (1) Leading was made when recovering from Mar 2020 low we are currently in wave (3) which is extended and still in progress.
Follow Orange count Five moves started in Oct-Nov 2020 which triggered massive rally wave (iii) extended nearly 261.8% of wave (i).
It came to end at ATH 15432 then this whole (i) to (v) wave sequence got corrected in the form of triple three retracing bit more than 23.6% at 14151.
Follow Pink count here wave 3 extended more than 200% and looks to have finished. So 4th was complex correction in the form of triple three.
The target for 5th wave in pink would be 16400 (38.2%) or 17789 (61.8%) of wave 1. This needs breakout confirmation 15432.
DISCLAIMER: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.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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Nifty - Can This Be A Wedge? (Target- 15137+ )If Index holds above 14850-1875 zone - it can push & retest 15137+ levels & complete the wedge. Valid only above 14850-14875 zone
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Sell suggested at the tops today in the below mentioned idea comment. Hope You Enjoyed
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15:21 Hrs / 20th May2021
Last @ 14908
As suggested last in morning #Nifty Index has support 14850-14875- Current low – 14885 – Just missed by 10 points but an amazing session today as we together got the fall from 15020’s to 14885 – drop of 125+ points
Hope you enjoyed the session
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22nd April2021 Idea
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Nifty Next Move (Continuation To earlier Chart)Wave C seems to be ended today near 14590
v of C was ending diagonal with internal zig zag moves.
Fresh Impulse has started 1,2 done and 3 started or a,b done and C in progress.
Expecting 1.382-1.618 when 3 or C goes up beyond 1.618 level extension is expected.
###Earlier idea link can be found below####
DISCLAIMER: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.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
-------(((((Please LIKE or Comment)))))-------
Nifty - Bounce & Collapse (Buy & Sell)Buy - Strictly Holding Above 14590 -14600 for 14765 (Target 1) & 14850 (Target 2)
Sell - If Index pushes upside into the zone 14850-14900 zone & halts or stops with strict stops above 15000+ for downside 14590-14600 (Target 1) / 14260 (Target 2) / 14050 (Target 3)
Happy Weekend
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Last Idea
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