Elliottwaveprojection
Adani Enterprises 5th of Wave ASell on 977 break for 947. Stop loss will be high of previous candle breaking 977.
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.
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Tata Steel Ending diagonal in 5th WaveTata Steel started fresh impulse post march 2020 lows. It had retraced deep from previous high 748 to 250 levels.
Currently 5th of Impulse is ending diagonal with upside range towards 893 and all time high 902.
If breaks 902 which is tough if will head towards 1100 chart may be re posted with updated targets
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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JSW Steel Extended 3rd and 5th Waves and Channel ResistanceStock has spectacular rally after March 2020 lows due to extended 3rd and 5th Waves.
The channel has been drawn between mar 2020 lows and previous all time high.
Now V of 5th is ending diagonal and Negative divergence seen on MACD.
Break of lower channel line of ending diagonal would confirm downside which is expected to go 0.618 or more.
Alternative to this analysis If stock moves past 460 it can head towards next Fibonacci extension points 485/524
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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Asian Paints 5th wave startingLong zones 2500-2400 stop loss 225
Target 3100-3150
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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IFB Industries 5th wave Long near 1070-1100 SL 970 target 1700+
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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Nifty Double zig zag correction Mar 2021Nifty made low 14350(Wave 2) this is nearly 0.618 fibonacci level(14297) of previous rally after budget from 13597 to 15432(Wave 1)
Since correction is deep this is double zig zag correction.
Upper channel line target comes around 15200.
Nifty made Piercing Line candle Stick on daily chart on Friday 19th Mar 2021.
Swing high 15337 break is confirmation of correction completion for 3rd wave least target 16185.
If channel and 15337 is not broken then there is possibility of Tripple Zig zag correction.
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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Bata at lower channel lineDISCLAIMER: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.
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Bata trading in corrective channel and about to commence Z wave. If this is corretive wave the will stay in channel otherwise in case of channel break it will be termed as impulse wave.
Support zone 1450-20
Stop loss 1288
Target 1890-1900
Banknifty consolidation Triangle wait for breakout (fixed count)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.
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Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant .
Stop loss 34893
Wait for confirmation close above 36464 for given targets of 38400 and 40k
Banknifty consolidation in Triangle breakout awaitedDISCLAIMER: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.
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Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant.
Stop loss 34893
Wait for confirmation close above 36464 for given targets
If wave 3 extends beyond 1.618 levels then 50k is no big deal.
Nifty zig zag correction C wave 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.
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Can fall towards 0.618 fibonacci level of move 15273-14467
15203 stop loss
Not recommended to take FnO positions based on this analysis
SBI 5th Wave ProjectionDISCLAIMER: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.
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Long on dip towards 370-60
Stop loss 300
Target 500-540
Not recommended to take FnO positions based on this analysis
Tv18 attempting breakoutDISCLAIMER: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.
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Stock can go towards 57. If successful in breaking parallel chennel drawn with big volumes then new lifetime high can be expected.
Long at near 32-33 with Stop-loss 27.2
Dollar Index -(Rise & Collapse-Part 1) Proposed Ending DiagonalDebut Idea for Dollar Index
Shown in oval shape was 1st leg of the triangle which topped out at 103.82 Published on 24th April 2016.
Proposed triangle for wave-4 ( currently we are in final leg- expect rise holding above 89.20) & later "collapse" in wave-5 ( proposed ending diagonal)
24th April 2016 (Click the Idea)
Nifty possible downside based on Global IndicesDISCLAIMER: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.
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Nifty during after breaking day high in last 1 hour on 25th Feb made 3 black crows on 15 min chart.
It is likely break below 0.236 fibonacci level near 15050 that will be sign of weakness. It will be A Wave.
A bounce back towards resistance 15110-145 again possible as B wave. Going short near this sell zone will be low risk high reward.
Stop loss of this analysis yesterday's high 15177
Sharp downmove towards 14850-750 zones can be expected in wave C
CRUID OIL ELLIOTT WAVE ANALYSIS 22.2.21BUY 58 TO 56.589
TARGET 71
Reason For Buying This Script :
In weekly frame it is forming the Elliott wave it is having good potential to move upward. so we can go for buy.
Now it is in correction mode . Use this opportunity and buy at this levels 58 to 56.589.
once it cross 71 and close above 71 in weekly time frame means next target up to 87 .
Note :
Above given levels are based on weekly time frame . It will take some days to achieve the target, So be patience.
Above given target are in USD .
All the best ...
USDINR- Back to Pavilion - 72.50-73.002nd Target missed by few pips as per last update. High was @ 74.91 & back to 72.50-73.00 zone
USDINR is resting in the most important zone 72.50-73.00 - which is above triangular correction of early 2020 when stocks was about to crack due to fears of covid19.
This zone of 72.50-73.00 is very important- if acts as support & dollar rupee starts moving above 73 mark then it can move to 74.90 / 76.35 +
Note- View not valid below 72.40
Let the markets make first move.