NSE:CNXMETAL Metal stocks are bottoming out in wave 2 correction. Shall be heading in wave 3 higher. Bought couple of them today.
Timeframe: Daily NSE ABFRL has been forming into the corrective formation for more than 15 weeks. This manner of the price is corrective because it is falling steeply into the channel. As per the rule of the channel, the corrective wave respects the channel because they don’t have the power to break out from the parallel lines. The impulse breaks the channel,...
Nifty look like wave structure show C OF c pending target 17660 stop 17855
After a five wave impulse down nifty is rising in a corrective structure on the upside. The corrective nature of the price action suggests that near term trend for the nifty50 is down and prices are likely to fall towards 17000 in the coming weeks. On the upside the key resistance zone is 18350 while on the downside key supports levels are 17650/17350/17000
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
Here we have shared possible Elliot wave counts of ETHUSD (for educational purpose only) which are suggesting correction for very short term and this correction can be used as good opportunity to go long for further trend which is expected post this correction, the invalidation level of further up move can be low of previous wave 1 which is pegged at 1071.50, if...
US OIL is looking good to go long as per Elliot wave structure with invalidation level of below $ 76.50, for target level of near $ 83.05. My ideas as just for educational purpose only I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds...
Here we have shared possible Elliot wave counts of tvs motors, just for educational purpose, on monthly, weekly, daily and hourly time frames, all aligned with each other, so here we are getting both side confirmation levels for next possible moves. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you...
This stock has completed wave 1 of higher degree wave cycle and now definitely we are in correction as wave 2 of same higher degree wave cycle, in which we are unfolding wave A of one degree lower wave cycle, in which possibly we are in wave iii or wave c of one more lower degree, that means possibly we are in wave iii or c of one higher degree wave A of one more...
Disclaimer. I am not SEBI registered analyst. My studies are for educational purposes only. Please Consult your financial advisor before trading or investing. I am not responsible for any kind of your profits and your losses.
This stock has shown almost aligned wave counts from weekly to daily and from daily to hourly and right now its in correction area of some lower degree wave counts macd on hourly chart momentum negative cross done on hourly Price under and below RK's stopline in daily Price made neutral candle under and below 20DMA in daily Most investors treat...
Nifty right now side waves .. first clear direction if upside move am expecting beak 17800 sustain above Ready for 18200 Remember my point wave path till not clear . trend positive 17800 above Only for educational purpose for my side
NSE:BAJFINANCE seems to have completed wave 2 correction. It shall be heading higher in Wave 3 of extended wave 5 of Bull Market.
This stock has given good breakout on daily time frame along with positive divergence in RSI along with macd positive crossover. Also possible Elliott wave counts are suggesting same bias, one can go long with strict stop loss of swing low of 289.90 Overall chart along with possible Elliot wave counts macd positive rsi breakout and rsi positive divergence ...
Reliance trend line break or impulsive rise positive for reliance
Nifty expecting sharp rally upside as reaction C Wave for target 18350-18500
TVC:DJI In Supercycle Degree Wave Five. The Bull Market has long way to go for another 21 years.
NSE:TATAMOTORS Seems to be breaking out in 3rd wave of Bull Market 440 is next resistance to break. Above 440 it will confirm Bull Market in wave 3. Which can take stock to 3x-4x from CMP