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Elliottwaveprojection

DOGECOIN possible elliot wave counts on hourly chartHere we had shared possible Elliot wave counts of Dogecoin on daily time frame aligned with hourly time frame. Which is indicating that possibly we are unfolding fresh leg of impulse as a wave 1 of bigger degree wave (1) of one more bigger degree ((3)), and inside wave 1 we had unfolded subdivisions as wave 1-2-3-4 and possibly we have started 5th of wave 1 it may become leading diagonal. post wave 1 we should get retracement as a wave 2 of (1) and then wave 3 of (1), overall if invalidation is safe then journey is towards north. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not sebi registered analyst. I am not responsible for any kinds of your profits and your losses. Possible elliot wave counts on daily time frame macd positive crossover in hourly 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 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 of your profits and your losses.
BINANCE:DOGEUSDLong
by RK_Chaarts
3
Apollo Hospitals possible elliot wave countsHello Friends, Here we had analyzed the chart of the stock Apollo Hospitals which is convincing bearish bias aligned with price action breaking down trendline along with good intensity of volumes on daily time frame, supporting same view by trend indicators like macd, rsi, bollinger bands, dmi adx and Elliot waves. As per Elliot wave structure it is clearly in correction phase in which most probably seen that we are unfolding corrective waves in zigzag pattern, in which we can assume that we had finished wave A and B and now possibly we are unfolding wave C which should unfold in 5 subdivisions, in wave C we had completed one lower degree wave 1 and wave 2, Once low of wave 1 is taken by bears then it would confirm that wave 3 of C has started to unfold. Overall we can say we are assuming Bearish bias in this stock aligned with each and every parameters. 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 of your profits and your losses. All highlights shared below. Thanks. Corrective Wave structure Break-down with Good intensity of Volumes on Daily time frame Price getting rejection from RK's stopline and closed below RK's mass psychological cloud. MACD in daily Negative cross over MACD in weekly already running negative MACD in monthly already running negative Price challenging lower band on daily time frame RSI down tick and below 40 on daily time frame DMI ADX also supporting same bearish bias in daily time frame 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 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 of your profits and your losses.
NSE:APOLLOHOSPShort
by RK_Chaarts
SAIL possible Elliot wave counts with Multi parameters alignedHello Friends, here we had shared analysis of stock from metal sector stock named SAIL, in which we had checked multi parameters which are aligned in same bearish bias as in current scenario. As per Elliot wave counts we are in complex correction or we can say double threes or double zigzag correction which we had labled as ABC as a (W) then (X) and again ABC as (Y), as per wave principles (Y) should be equal to (W) so we have enough space towards south zones (down side) which is indicating bearish bias as per Elliot wave counts. Trend identified by Dow theory is also giving same bearish bias because stock is forming lower highs and lower lows since last 22 months, which is aligned itself with same bearish bias. Trend indicator like MACD on monthly, weekly and daily these all are in sell modes and aligned with each others, which are indicating same bearish bias. As per Bollinger bands on all three time frames like monthly, weekly, and daily are also showing that stock is trading below 20 Monthly SMA, 20 Weekly SMA, and also 20 Daily SMA, which also indicates same bearish bias. On bigger picture possibly we are in last leg of correction which is to complete or finish very soon, Overall wave structure is suggesting on higher degree we had completed wave ((1)) and currently we are in correction phase almost near verge of end as a wave ((2)), post ((2)) we can start fresh impulse of bigger degree as a wave ((3)) which can cross highs of wave ((1)) so we can say that, currently we assume this stock as a bearish and after finishing wave ((2)) we should change our bias from bearish to bullish after confirming with price actions and other parameters also. 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 of your profits and your losses. All major parameters are shared below as snapshots must watch Thanks This stock is forming lower highs & lower lows since last two years which is clearly bearish trend Possible Elliot wave counts on daily time frame Monthly macd negative Weekly macd negative crossover Daily macd negative Price trading below 20MMA (monthly mid bollinger) Price trading below 20WMA (weekly mid bollinger) Price trading below 20DMA (daily mid bollinger) Possible wave counts on hourly 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 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 of your profits and your losses.
NSE:SAILShort
by RK_Chaarts
3
NaturalGas Possible Elliot wave counts (up than down & again up)Hello Friends, here we had shared possible Elliot wave counts of NaturalGas on weekly time frame to daily, 4hourly and hourly time frames which seems aligned with each other, so the conviction increases. Well, on weekly time frame it seems that post impulse move, currently we are unfolding correction which is already at werge of completion, after A,B we are now in wave C, in which we had already done wave 1-2-3-4 of one lower degree, and now possibly we are unfolding wave 5th of C, and in wave 5th we had done wave i of lower degree and possibly we are unfolding wave ii of 5th of C, still wave iii, iv, and v are pending to complete wave 5th of wave C, which should not go below $ 1.529, because its an initial level of bigger degree wave ((1)) and as per wave principals, wave ((2)) should not retrace more than 100% of wave ((1)), so post completion of wave C we can assume that correction to be finish and hopefully fresh impulse up move should start towards north direction for long term. Overall very soon we should start fresh impulse for long term along with invalidation level of $ 1.529 One can wait for dips to complete wave 5th of C of bigger wave ((2)) to grab an opportunities to find best entry to go long, so we should have to ride only in right direction because right direction is always more important and better then speed. 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 of your profits and your losses. Possible wave counts on weekly chart Possible wave counts on daily chart Possible wave counts on 4 hourly chart Possible wave counts on hourly 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 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 of your profits and your losses.
NLong
by RK_Chaarts
9
BTCUSD possible Elliot wave counts (up, then down and again up)Hello friends, here we had shared BTCUSD Bitcoin chart with possible Elliot wave counts on daily, 4 hourly and on hourly chart which seems aligned with each other, so the conviction increases. Well, on daily time frame it seems that post correction we are unfolding wave 1 of some degree, in which we had already done wave 1-2-3-4 of one lower degree, and now possibly we are unfolding wave 5 of 1, so post completion of wave 1 we can assume that retracement is due as a wave 2 which can unfold as wave ABC hopefully, Overall we are in impulse towards north, one can wait for dips as a wave 2 to grab an opportunities to find best entry to go long, so we should have to ride only in right direction because right direction is always more important and better then speed. 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 of your profits and your losses. Possible wave counts on daily time frame Possible wave counts on 4 hourly time frame Possible wave counts on hourly time frame 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 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 of your profits and your losses.
BITSTAMP:BTCUSD
by RK_Chaarts
2
Adani Green Energy possible Elliot wave counts (Investment pick)Hello Friends, here we had shared possible elliot wave counts of stock Adani Green Energy, which is clearly showing that this stock has completed full corrective wave cycle as ABC of bigger degree (2), after completing full impulse wave cycle as 12345 of bigger degree (1), while completing correcting wave, it had formed zigzag correction pattern as ABC of larger degree wave (2), in which it clearly showing that equality of wave A and wave C is coming at 1175 and 161.8% level of wave A is coming at 307.10 level, which can be used as Invalidation level for Longs. Well, this stock has fallen from 3050 levels to 439 levels which is almost 85% sudden correction from highs, also wave counts are suggesting that possibly corrective counts has unfolded and possibly completed, So one can go long at current levels or in dips (if any) along with stop loss of invalidation level of 300. and as per wave principles wave 2 can never retrace more than 100% of wave 1, and that level is pegged at 22.80 which is all time low of this particular stock as per chart. also if it hold above invalidation levels then this can be investment pick and if it starts journey towards north direction then wave 3 can show new all time highs for long term prospectives only. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Thanks. 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 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 of your profits and your losses.
NSE:ADANIGREENLong
by RK_Chaarts
8
Banknifty's Long-term Analysis on Daily ChartLook at the confluence of Feb Ratios. The correction of the whole up-move of 6766 pts (From 37386 on 30th Sep-22 to 44152 on 14th Dec-22) is heading towards Feb 78.6% at 38860 and "c" is also heading Feb 123.6% projection of wave "a" (a=2560 )at approx 38860 (it looks like a-b-c correction) If it sleeps below 38860, the "c" wave of BN can go next to the 138.2% Feb projection of wave "a" at 38500 lvl or even at 37900 @ Feb 161.8% projection of wave "a" But chances are high that we may see a positive recovery and trend reversal from 38860 level.
NSE:BANKNIFTY
by kaushikwbslg
BTCUSD possible Elliot wave counts, are we heading towards 10k ?Hello Friends Here we had shared possible Elliot wave counts of BTCUSD bitcoin which are aligned from weekly to daily and daily to 4 hourly, so conviction is getting more stronger due to alignment of multi time frame's wave counts. From the starting point of BTCUSD we had tried to plot wave counts and it's showing that we are now near to complete correction phase as A-B and C, on completion of wave C whole correction wave cycle as a wave (2) must be complete, so after A-B now we are in C wave which should unfold in five subdivisions, in which we had completed 1st , 2nd, 3rd and now 4th wave of C, and now possibly we have started to unfold final wave 5th of C, in which we are near to complete one degree lower wave 1 of 5th wave of wave C of bigger wave (2). As per Fibonacci and Elliot wave measurements we can assume that we can witness new fresh lower lows compare to previous lows. Question clicking in mind that, are we heading towards 10k ? God only knows. Post correction fresh impulse should start as a fresh journey towards north. In current scenario if price give some rally upwards which can be part of wave 2, which should not retrace 100% of wave 1, One can find shorting opportunity on rise only, along with invalidation level of swing high of initial point of wave 1 which is pegged at 25271 as a selling stop loss.we are not responsible for any kinds of your profits and your losses. My studies are for educational purpose only, please note this is not any type of tips or advisory, I am not sebi registered analyst or advisor, please consult your financial advisor before trading or investing. we are not responsible for any kinds of your profits and your losses. Thanks 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 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 of your profits and your losses.
BITSTAMP:BTCUSDShort
by RK_Chaarts
8
FORCE MOTORS possible Elliot wave countsHere we had shared today possible Elliot wave counts of Force Motors ltd, on daily time frame, as per Elliot wave structure its clearly showing that we are in correction phase after impulse started from bottom of pandemic period of march 2020 and completed wave 1 till swing high of November 2021, well, if this phase was a fresh impulse as a wave 1, then currently we are in correction phase which had been unfolded as a zigzag pattern 5-3-5 subdivisions like (A)-(B) and now possibly we are in wave C, where we can say that of bigger degree wave 2 will be completed along with wave (C), now wave (C) should unfold in 5 subdivisions, in which we had completed wave 1 and now possibly we can retrace wave 2 as a contra trend. currently it may go bit upside as wave (a) - (b) and (c) inside of wave 2, which should not cross high of 1585 levels, and may turn down again to complete wave 3 - 4 and 5 of wave (C) of bigger degree wave 2. On completion of wave 2 one can go long in this with invalidation level of 591 for targets above 1700 - 1800 and more. In both upside and down side invalidation levels are mentioned on chart, if they breaches then we can assume that our study is missing something. Thanks. 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 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 of your profits and your losses.
NSE:FORCEMOT
by RK_Chaarts
10
Silver possible Elliot wave counts (Now down and then Up)Silver is now ready to dip down and to unfold wave 5 of (C) and as per equality, Target of (C) equal to (A) is pegged at 19.963 and 1.618 is pegged at $ 18.350, which can be stop loss for fresh long positions to be made below $ 20. Disclaimer. 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 of your profits and your losses. 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 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 of your profits and your losses.
TVC:SILVER
by RK_Chaarts
9
BANKNIFTY possible Elliott wave counts (now up then down)Hello Friends, Hope you are doing well, Today we are sharing banknifty possible Elliott wave counts along with invalidation levels and along with alternate wave counts, which can be overall road map for next moves expected further, in both current and alternate counts banknifty is looking good short candidate but only after some rally it means it looks like sell on rise along with strict stoploss of invalidation levels only, so it may go up side first then good move towards south is expected. Our studies are only for educational purposes and not for trading purposes so we are not responsible for any kind of profits or losses in trading or in investing in market, so always please consult your financial advisor before trading or investing, do read disclaimer. Thanks 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 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 of your profits and your losses.
NSE:BANKNIFTY
by RK_Chaarts
12
Nifty spot Possible Elliot wave countsHere we have plotted possible Elliott wave counts of Nifty spot chart on hourly time frame, we are assuming equality level of (W) and (Y) near 16600 levels. Currently we are unfolding wave (Y) in which we are still in wave v of wave A near yet to complete, post wave A we are assuming to start wave B, which can just be counter trend rally, and also it can generate new opportunity to short fresh positions on completion of wave B to start fresh fall as wave C of wave (Y). here we are assuming small rally to complete wave B along with invalidation level of bottom of wave A swing low, and then big fall to complete wave C of wave (Y) along with invalidation level of high of wave B swing high. 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 of your profits and your losses. 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 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 of your profits and your losses.
NSE:NIFTY
by RK_Chaarts
19
Auropharma-Portfolio Stock Getting Ready for 1000-Are You Ready?Disclaimer - " This Idea is for Educational Purpose" ----------------------------------------------------------------- Stock Has Done 6-7 Years of Sideways Correction from 2016 tops of 895 & Getting Ready for Big Impulsive Move Upside Next Holding on the parallel channel bottom & above 400 strictly. Are You Ready as a Investor. Keep watching next waves for the stock. In 2016 When I published 1st Idea on Auropharma - The Terminal Thrust & Identified the top as 895 You can check the idea on profile page - in.tradingview.com Kindly consult your financial advisor before taking any positions.
NSE:AUROPHARMALong
by WaveTalks
3
NSE ABFRL – Motive Cycle BeginsTimeframe: 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, whereas the correction forms within it. Currently, the price has accomplished wave 5 of wave (C) at 240 , and the price started lifting near the upper band of the regression channel. This breakout can be a holy grail for bulls to reach near wave (B). Safe traders can wait for the retracement to ride the impulse.
NSE:ABFRLLong
by forextidings
15