Nifty pvt bank cmp 17975 Elliot wave study Daily time frame At the moment index is trading at pre covid all time high levels of index,, which are in range of 17950 to 18030. It strong demand zone and is being respected in past history so the index can be considered at support levels . Wave 1 :- wave 1 consist of 3494 points and 41.17% move from the bottom,,...
Nifty consolidated in tight range of 15600-15960 from past one month approx, now its ready to breakout this range and move higher side. Elliottwave Point of view, sideways double correction pattern done at recent low 15575. From there we witnessed Buying attraction in market. Next level to watch on higher side is 15975 and 16070 zone. As we entered into last...
Banknifty Elliott Wave count plotted best to my knowledge. After Wave iv which is complex correction new leading diagonal wave has been seen. New impulse should start taking it towards lifetime high. 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...
As per my previous post, I have shown that 5 moves were complete. But this shows wxy is running. Thus, everything is determined by breakout of 4 of diagonal.
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.
Seems ABC is about to complete and 5 moves downside is about to come.
Ramco 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 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 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...
Nifty 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 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..
Escort 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 .. Elliot wave counts and Equivalent ABCD harmonic formation,, all information mentioned on chart,, Good long candidate
From 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 ------------------------------------------------------------------------------------------------------------------------- Plan 1 - Sell Only...
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...
TREND 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 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...