Chart is in uptrend . we can take entry here by taking small stoploss .
Disclaimer:- Invest at your own risk,, i am not register with Sebi.. This chart is according to my technical analysis which i learnt from past years
Chart is for swing trading. You can long in this share by taking small stoploss,.. best for swing trading
Invest at your own risk,, i am not register with sebi.. This chart is according to my technical analysis which i learnt from past years
Good Morning WaveTalkers!
Before today's market sprung into action, just 15 minutes pre-start, we shared some insights. And guess what? The market performed its magic ! 🎩✨
📌 Highlights :
- The Index almost mirrored yesterday's high, stopping a hair's breadth away at 44693 from the 44710 peak. WOW! 😲📈
- Now, the million-dollar question: Will the fall...
Hello Friends,
Welcome to our Case Study of Nifty with Elliott Wave Prospective.
In this analysis, we'll be taking a closer look at the Nifty index using a powerful tool called Elliott Wave theory. Think of Elliott Wave as a way to uncover hidden patterns in the market's movement, a bit like solving a puzzle.
Imagine you're on a journey to understand where the...
Timeframe: 30 min
Brief analysis:
HEROMOTOCO has started a five-wave impulse cycle from the low of 2745.5. Price has accomplished wave Y of wave (4) and started impulsive wave (5). Buyers will have an opportunity with a captivating risk reward to ride the trend after confirmation for the following targets: 3167 – 3210 – 3260+ .
In-depth analysis:
NSE...
Overview:
Abbott India has accomplished the impulsive wave 3, and the price is forming corrective wave 4. Price has occurred the sub-wave A. and Sub-wave B. Sub-wave C of 4th wave is in progress.
After completion of wave 4, the price will start its bull run.
Fibonacci relationship and wave Formations:
Wave ((1)) is a five-wave impulse.
Wave ((2)) retraced ...
Timeframe: 4h
As per the chart, Britannia has accomplished the sub-wave B of wave (4) and started forming wave C.
If the price breaks down the low of wave c at 4314 , Traders can sell for the following targets: 4266 – 4236 – 4214 . A trade should only be initiated after a breakdown has occurred.
There are two price clusters where prices can reverse:
...
Voltas is in short/mid-term correction.
Wave 4 of ongoing Long term impulse is unfolding.
In the mid-term, ABC is unfolding with the current A wave going on in the very short term.
Retracement of 4 wave is marked with fib retracement.
The analysis is only for educational purposes. Please trade at your own risk
Stock is in ongoing impulse on a major timeframe.
In the short term, it is in an ongoing correction.
In the very short term, the Stock is in the B wave, a breakdown of the recent swing low with good volumes can ensure start of the C wave.
A negative divergence of RSI can be observed in the recent upmove.
Due to Ongoing Flat correction(3-3-5), the rule of...
Stock is trading in Impulse on Major (Weekly and Monthly) Timeframe.
Currently, trading in a short-term correction. Retracement levels are marked on the chart.
4 wave of Major 5 is going on.
Expected to complete short-term correction in max 2 weeks and again start up move.
The analysis is only for educational purposes. Please trade at your own risk
Tvsmotor profit booking as 3rd wave target near 1.61% nearly achieved.
consolidation possible near 1320 -15 possible
note : views are for educational purpose
market is subject to risk
Hello Friends,
Here we had shared possible Elliott wave counts of Apollo Hospitals, in which price has given breakout along with good intensity of volumes in daily time frame, as per Elliott wave structure, chart says that either we are in impulse or in correction, in both scenarios we have to go towards north direction first then whatever may be, as per Elliott...
BN has recently broken out it's life-time high and went higher at around 44500 by making a minor wave of last 5th wave. And, now it is correcting and reached almost 61.8% of its correction. I would expect it to recover from this zone. Or if it can't hold this level, it can go further down and bounch back from 70.7% fib level and the trendline.(very likely)
Anytime...
Today BN looks like became bearish as it failed to cross it's life-time high. Instead going up it started coming down. Whole wave structure has changed. It looks 44152 could be an end point of 3rd wave (300% of wave 1 ) This is normal for a 3rd wave. It is probably making a flat correction as B went to nearly start of A and now third leg that is C would at least...
Hello Friends,
Here we have shared possible Elliott wave counts on 4 hourly chart of COPPER, in which we can say that still selling pressure may continue for some while, because now possibly we are in complex correction phase as wave ((w))-((x))-((y)), in which we had completed ((w))-((x)) and now possibly we are unfolding wave ((y)) in which subdivisions are...
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...
