After making approx 23.6% correction of probable 3rd Wave, BN is rising higher at 43533 at 12 PM and struggling to go higher. By analysing the wave structure I am in the opinion that BN is probably making bigger ABC correction and may make a downmove upto 42450 level or somewhere at support point. Then after it may form 5th Wave move higher. If youy're agree with...
Here we had shared video analysis of possible Elliott wave counts on TVS Motors chart. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi...
Nifty could have completed 5 wave impulse up at 18267. If this doesn't get broken then likely 3 wave drop towards 17550-400 zones possible. MACD negative divergence and open bearish gap suggest bearish trend to continue few days. 2nd Chart shows internal count of wave 5. It also shows 0 to 4 trendline about to be broken Next wave 2 of A will pullback Nifty up to...
Hello Friends, Here we had shared possible Elliott wave counts on chart of Dabur India ltd. in which we can see that currently we are in corrective phase of this stock, On daily chart we can see that possibly we are in wave (c) of Y of (4), post wave (4) we can start fresh rally towards wave (5) in north direction, but currently we still have to complete...
Stock near ATH, it has completed Expanding flat correction on Monthly scale. Following third wave rally should be huge. Had checked basic fundamentals looks attractive. Invalidation level given is based on weekly close which is 20% lower and is quite big SL and risky. Target 3x-6x based on fib extension 2.618-4.618 DISCLAIMER: There is no...
Here we had shared possible Elliott wave counts on hourly time frame of Nifty chart. Whereas if we are unfolding part of correction phase then currently we are in A-B-C of ((2)) or ((B)) heading towards north directions, which we can see or say in bullish way, where we can fail this rally near 18567 levels which is nothing but equality level of A and C inside...
Delhivery Ltd , India's Popular Supply Chain and logistic company , with a Market Capitalization of More than 24,000 Cr seems to be ready for a reversal trend. Since , Jan 2023 , it is making support for the second time now. Going with the Elliott Wave theory , as shown in the chart , the stock is entering into the 3rd Wave of the uptrend , which is supposed...
#CTSI/USDT Chart moving at present as per #Elliot #ImpulsiveWave Pattern and its Next Target will be 40 cent soon and then it goes for another pattern of #CorrectionWave... also at prsent market movement is much #Bearish, so always #DYOR too...
Hello Friends, here we had shared possible Elliot wave counts of copper on hourly time frame chart, in which it is showing that after impulse move as a wave 1 we are unfolding now correction waves as a (w) - (x) and (y), in which we had already finished and completed wave (w) and (x) now possibly we are in wave (y) of one bigger degree wave 2, so wave (y) may give...
This scrip is going into a wave 3 . Dont be surprised if it happens . Regards
ITC is running in an higher wave v for 700 + . That is where the profits need to be booked . 316.10 is buying zone . With a SL of 295 . This will only happen if 410.65 is not breached . Always remember we are in wave iv . It will not be easy . But the waves remain intact . Regards
Hello Friends, here we had shared possible Elliot wave counts of GBPJPY on hourly time frame chart, in which wave structure says that currently we are in wave (c) of wave 2 of wave (C) of some complex correction heading towards north, on bigger scale post (C) again we may start journey towards south directions, Right now on hourly chart we can assume that we may...
Harmonic - Bearish Bat formation Need to close above 1579 and sustain for 1 hr. Tgts - 1590 - 1603 - 1612 - 1632 Elliot Wave - Currently in C wave of subordinate ABC wave of a larger B wave. Sharp correction once C is completed.
Hello Friends, DLF has been showing sharp upward movement for a few weeks. It has completed a major degree of correction, which seems to be a significant up move impulse. 3 internal wave of impulse is going on, targets are the marked basis on fib extension on 1-2 internal wave. 3 wave seems to be an extension, it has already crossed 1.618% levels. Move is...
Infosys is in Zig zag correction after making top near 1955. The Rally from covid low ends in 5 waves near 1955. Currently in Wave C which can head up to 1073 and worst case 700 which is 1.618 extension. Analysis invalidation level will be 1620. The LAST Time we analyzed it, moved as per chart DISCLAIMER: There is no guarantee of profits or no exceptions...
Hello Friends, here we had shared possible Elliott wave counts of USOIL CRUDEOIL chart on hourly time frame, which is suggesting we are currently in impulse wave of some degree, in which we had completed (i)-(ii)-(iii)-(iv) and now possibly we are unfolding wave (v) of bigger degree wave 1, in this scenario we had seen that wave (iii) has been extended and clearly...
Hello Friends, Currently, movement is sideways to bullish. Stock is taking support on 61.8% retracement of A wave. Stock is completing corrective fall in B wave, hence the speed/movement is slow. Wave C has mostly started, invalidation level is marked too. Targets as per Fib extension given.
Breakout in Vodafone Idea, levels & stop loss in the analysis. #vodafoneidea #idea #stocks #stockmarket #elliottwave #trading