Elliottwaveprojection
Hindalco Wave Review (Recent High @ 203) - Final Wave E-ExpectedVideo Idea Shall Have Quick Review
Hindalco
BankNifty
Nifty
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Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Note
For Educational Purpose- not to be considered a buy or sell idea.
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Maruti Suzuki Wave 4 sideways correctionDISCLAIMER:There is no guarantee of profits or no 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 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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Maruti Suzuki has broken out of Weekly parallel in 17th Aug 2020 week which it formed since 18th Dec 2017 after hitting lifetime high
From march lows we are in ABC correction to weekly parallel channel and We look to have finished wave C or iii.
Wave iv going to be sideways correction till fib 0.236=6700 or 0.382=6300. In case deep correction 0.5=6000.
Stop Loss 7350 which is recent high
ELLIOT FORECAST FOR 15 SEP 20Analysis based on technical parameters(No Noise)
Expecting bearish temperament to continue for tomorrow...Watch out for important levels
Assessment only for educational purpose.
Trade as per own risk appetite.
MGL: case of ending diagonalAs per the current structure it seems the prior correction is going to be completed in 1 0r 2 days. There is a formation of ending diagonal. One should buy the stock in the range of 860-65 keeping the stop loss at 845 for the target of 950 & if it hold then 995.
ALEMBIC: BULLISH Third of third wave has been completed. The stock is ready to give upside rally again after the 4th of 3rd wave completion that can lead the stock to travel into four digits price territory.
USDCAD- case of Ending diagonalVery soon there will be a trend reversal in the pair USDCAD. The current price structure is forming an ending diagonal which is going to complete the long term corrective wave A-B-C started in the month of march. The another reason for expecting a trend reversal is the bottom formation of dollar index, which clearly suggests that major reversal going to take place. Important levels are 1.30800 as the last & Above: 1.32400 reversal confirmation.
Tata Motors Ending Diagonal (THE END OF CORRECTION)DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice 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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Chart Scale Monthly and we see Ending Diagonal appeared in Wave five V.
We are in Wave (4) right now probably going towards major resistance 165-67.
Wave V or (5) should end at least 50% of wave (4) which is 112 Next big support 105.
The calculation of Wave 5 End depends on wave 4 end and also whether it will correct 50% fib levels or more/less will be another mystery.
But we can definitely say Ending Diagonal Brings THE END.
See you soon XD.
Reliance- (penultimate wave) Is that last move upside 2300+As suggested in last idea - 1st Sep 2020 mentioned below, we look for upside move for 2200 if holds above 2060. Went below & retested 2047-C(Wave Low) & Bounced Hard Upside from 2044 levels.
Usually, Penultimate waves forming triangular correction are the last waves as suggested by Wave Gurus . Let us see what happens next?
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This is not a trading call. Kindly do your own due diligence. Consult a financial advisor before taking any trading based on this view.
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BHEL : A ZIGZAG correctionThe present price structure suggesting that a zig zag corrective movement can take place in the coming sessions.
BharatI Airtel - Beautiful Long-side Setup !!! #Ewroxx What an amazing risk to reward ! wohooo ! 16:1 & 33:1 :)
Bajaj Auto 5th down wave startBajaj Auto is completing 4th wave consolidation in triangle and should start next leg of fall.
Short between 2900-2930 SL 2960 tgt 2750-2720
Disclaimer: For information purpose only, plotted values may differ in actual movement. Not to be used for FnO trades. This investment may not be suitable for all investors or analysis can be wrong so ask your financial advisor before investing/trading.
ITC- a preparatory fall is coming soonKeep stop loss of 210 on closing basis and short the stock ITC for a target range of 180 & 160.
