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Elliottwaveprojection

DrReddy- Dramatic Reversal- Selling the Tops@5400Ending Diagonal / Truncation / Extension all have the same message loud & clear - "Dramatic Reversal" Snapshot Taken on 11th Jan2021- Structure Finishes or Possible Finish with Ending Diagonal/Wedge- What Next? - A Dramatic Reversal Warning Suggested @ 10th Jan2021 - Be Careful At The Tops Updated & warned on the last idea @ 10th Jan2021, when stock started falling back below 5225 / 5200 -which was key zone for the stock Running close to 1st target - 4700 Candlestick Patterns confirming the bearish outlook at the tops Hanging Man Shooting Star Evening Star ( Possible Candlestick as it is running currently) ---------------------------------------------------------------------------------------------------------------------------- Last Idea @ 26th Dec2020- Dr Reddy- Hanging Man - Top Reversal Candlestick Pattern @ 5200 ----------------------------------------------------------------------------------------------------------------------------
NSE:DRREDDYShort
by WaveTalks
9
Reliance-Breakdown Below 1890-Can it End with Ending Diagonal ?Careful to trade only on assumptions as the pattern proposed (Ending Diagonal) is immature - wait for the markets to move first & as a trader you should join the direction of the trade ----------------------------------Do not trade if stock falls below 1855 -1875 zone--------- ------------ Crossing Above 1890-1900 Target 1 - 1975 Target 2 - 2020-2025 Target 3 - 2075 Snapshot on lower degree - 30 mins chart
NSE:RELIANCELong
by WaveTalks
12
Nifty Triple Three correction before budget 2021DISCLAIMER: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. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- Nifty making triple three corrective pattern going down towards 0.382 Fibonacci level plotted between 11535 to 14753. Stop loss for this analysis will be 13967 today 29th Jan high If the analysis and wave count is correct then this last leg of fall will be slow paced making it clear that call is about to end. Z wave expected to respect parallel channel drawn in and will not break out of it.
NSE:NIFTYShort
by Niftydirection
7
HDFCLIFE In 5th WaveDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment 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 --------------------------(((((LIKE)))))------------------------------- HDFCLIFE looks to be making Ending diagonal in which it is expected go up in zig zag moves towards 750-850 levels. It's not yet confirm if its ending diagonal. 3rd wave ended near 1.618 level and 4th was sideways correction reaching 0.382 fibonacci levels. Entry 650-620 Stop loss 555 Most likely 5th will get extended and move beyond 850 in medium to long term. Previous analysis based on price action Inverse head and shoulders shared with target 950. Check below for previous analysis link In my holding my analysis can be biased towards upside so do your own study before investing.
NSE:HDFCLIFELong
by Niftydirection
Bandhan Bank Low Risk High Reward Tripple ZigzagDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment 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 --------------------------(((((LIKE)))))------------------------------- I am holding this stock so my analysis could be biased. So do your own study or ask your financial advisors before investing. Bandhan Bank in parallel channel right and making Tripple Zigzag pattern, now looks in longer consolidation zones, it will take time to come out of it. Long can be initiated near 280 Stop loss 250 for targets 450-480. After that another dip can be seen then it would give breakout of channel.
NSE:BANDHANBNKLong
by Niftydirection
2
HDFC AMC Parallel Channel and Possible Extension in 5th WaveDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment 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 --------------------------(((((LIKE)))))------------------------------- HDFC AMC in 4th wave correction likely to go down towards 0.618 fibonacci level Good entry near 2800-2600 zones with stop loss 2069 for 5th wave 3900+ if gets extended more 4800+ possible in long term. Targets are derived based on assumption that 4th wave will end near 2600 they will change based of where 4th ends. Do your own study, check fundamentals too.
NSE:HDFCAMCLong
by Niftydirection
Trent-The Trap-False Breakout Above 805 (Wave Analysis)This stock has limited trading opportunity in current scenario. Possible Trading Strategies mentioned below • Sell below 625 for downside target -540 which is 61% retracement of upside last wave (365 to 809) • Buy above 725 (strictly hold your buy positions till it holds above 725 as false breakouts can happen above 725 as they are extremely choppy moves) • Sell below 540 • Buy Above 810 Long Term Scenario - Positive once 810- critical level gets broken upside to be reviewed later.
NSE:TRENT
by WaveTalks
27
Reliance-Last Impulse 5th Wave Ended in Truncation-Wave AnalysisSmall Modification - Possibly Last Impulse ended in truncation at the lows @ 1855 Why Traders Have to be Careful- Channel Resistance Corrective in next higher degree possibly close to end -------------------------------------------------------------------------------------------------------------------------- Recap from last idea -------------------------------- 2022- Most Important Level & fulcrum level so sell below & buy above was suggested as per previous ideas- Hope you enjoyed selling two times close to 2022 with minimum target of 1900 downside --------------------------------------------------------------------------------------------------------------------------- ---------------------- What Next ? ---------------------- Short Term Next Most Important levels - 2100 / 2050 /2020 - which can be used as intraday levels for short term trades - Sell Below or Buy Above plans can be executed with proper risk management. Long Term Outlook Long Term Outlook remains unchanged which is still bearish as suggested for last few ideas with key level @ 2095-2100 as the most important zone -------------- Note -------------- Any sustained move above 2100 has to be reviewed again
NSE:RELIANCEShort
by WaveTalks
10
ITC -What A Push Above 200 to 213( Proposed Triangle)-What Next?Re-cap from last idea Triangle Proposed & Expected Trading Plan A - Buy as close as possible to 198 to 200. Low was @ 201 Approx Plan A - Target achieved at day high @ 213 Plan B - Selling Started as per last idea- Target 1 achieved 209.50 ----------------------------------------------------------------------- Last ITC Idea - Sideways Push 197 to 213- completed -----------------------------------------------------------------------
NSE:ITCShort
by WaveTalks
9
NIFTY Elliott wave analysis..! NIFTY Elliott wave analysis..! It looks the correction in miner wave has been completed in Nifty, we can see a gap-up opening on Monday 18.01.2021. We have seen WXY correction in 15min time frame and Y has completed. One miner impulse wave (i) may have been done or to be completed on Monday...if open gap-up then we can ensure the miner wave 1 has completed too. Please always understand the risk associated with underlying security. Thanks for watching this chart....your suggestions are always welcome. Thank you.
NSE:NIFTYLong
by imkhushal
11
Nifty looking for zig zag correction 15th Jan 2021Bounce retracement towards 14530-50 possible after which should go down. Confirmation entry on sell side if 14435 breaks (non risky wait for this 14435 break level)then 14400-14300-14270 possible on downside Stop loss of this analysis 14618 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. I may or may not trade this analysis. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))-------
NSE:NIFTYShort
by Niftydirection
21
ITC- Sideways Upside Bounce Expected 197 to 213Note-Pattern would need a review in between & does not guarantee that it will unfold as suggested- trader should manage his risk & trade Last Fall Below 209.50 to 202.10 ( Updated over the last idea- Holding above 202.10 expect bounce- which was short term & went to-205/206) --------------------------- Trading Strategy --------------------------- Plan- A Buy with stops below 197 & As close as possible in the range of 198-200 ( Buy Only if 197 Holds as support)- Target 1= 209.50 / Target 2 = 213/214 (Valid only above 209.50) Plan-B Sell with stops above 216 - Target 1 = 209.50 / Target 2 = 205-206 Plan-C Final Push Upside or Buy Holding above 200 for Target 1 = 209.50 / Target 2 = 215-216 / Target 3 = 235-240 ---------------------------------Careful -No Buying if Stock Falls Below 197--------------------------------- ----------------------------------------------------------- Last ITC Idea - Careful Below 209.50 -----------------------------------------------------------
NSE:ITC
by WaveTalks
6
Reliance -Triangle Extended- ( Fall Done- 2018 to 1905)Target achieved 2018 to 1900 as expected ( Recent Low - 1905) 🎯🎯🎯as per last idea ----------------------------------------------------- Most Important Resistance ⚠️ 2022 ⚠️ ---------------------------------------------------- Trading Strategy Plan A Started from the bottoms close to 1900 on 7th /8th Jan2021- Most Important ⚠️Support Level⚠️- Look for 1950 (Target 1) / 1975/1980 (Target 2) Plan B Once it reaches close in 1950 & Above in 1975-1985 - Traders have to be careful as very much possible -Plan C Plan C Selling only below 1985 strictly & best only between 1970-1985 for Target 1 - 1900-1910 Zone / Target 2 - 1835-1850 / Target 3 - 1750-1775 (Below 1835)
NSE:RELIANCE
by WaveTalks
7
Nifty Ending Diagonal About to Complete 11-Jan-2020Keep watch on level 14380-14428-14472 for reversal point Depending on above levels possible downside levels 14060-14080-14096 These targets are of 0.618 Fibonacci levels of length of Ending Diagonal Wave 5(4-5 orange colour). Below 0.618 move will trigger further fall next levels will be updated once top is formed 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 --------------------------(((((LIKE)))))-------------------------------
NSE:NIFTYShort
by Niftydirection