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Elliottwaveprojection

Banknifty final leg of downmove or there is more?DISCLAIMER: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. --------------------------(((((LIKE)))))------------------------------- Downward impulse wave four iv was sideways double three correction which looks to be completed. The next move of Banknifty about to be witnessed as wave five v. This move can take it towards 0.5 Fibonacci retracement 21168 or as per support zone 21404-21027 SL/Invalidation level 22370 Confirmation: Dotted blue line has been broken which was important support line, Broken down heavily from range 22670-22080
NSE:BANKNIFTYShort
by Niftydirection
12
Reliance Elliot Waves, Gap analysis, Head and Shoulders PatternDisclaimer: Just for Study purpose, trading/investing not recommended on this analysis it can be wrong. Reliance gives classic examples where it shows similar targets with help price action and Elliot waves. Inverse Head and shoulders breakout target seems to reached As 3rd Elliot wave is extended 5th Wave should be normal (not extended) During Run up it created Breakaway Gap, Runaway Gap, Exhaustion Gap
NSE:RELIANCEEducation
by Niftydirection
7
Hindalco Wave Review (Recent High @ 203) - Final Wave E-ExpectedVideo Idea Shall Have Quick Review Hindalco BankNifty Nifty ---------------------------- Disclaimer ----------------------------- 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. --------------------------------------------------------------------------------------------------------------------------- Note For Educational Purpose- not to be considered a buy or sell idea. ---------------------------------------------------------------------------------------------------------------------------
NSE:HINDALCOEducation
by WaveTalks
4
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. --------------------------(((((LIKE)))))------------------------------- 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
NSE:MARUTIShort
by Niftydirection
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.
Education
by TradingSutra
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. --------------------------(((((LIKE)))))------------------------------- 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.
NSE:TATAMOTORS
by Niftydirection
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? ---------------------------------------------------------------------------------------------------------------------- This is not a trading call. Kindly do your own due diligence. Consult a financial advisor before taking any trading based on this view. --------------------------------------------------------------------------------------------------------------------------
NSE:RELIANCE
by WaveTalks
7