BankBaroda has posibly started an impulse towards north, recently it has retraced 61.8% of last rise, which we can say wave 2nd of some degree has been completed near 92 level, we can assume that now new impilse as a wave 3rd of some degree has been possibly started, which can show levels towards north upto 144 or more, trend indicators are also suggesting same,...
After breaking the parallel channel, the price entered the value area. Price has started a seller initiative by going out of the price zone. Buyers responded more to sellers' initiatives with an excess. At this juncture, the price has entered the value area. The lower band indicates the demand pressure. If the price does not stay above the lower band at 17250,...
Price has broken down the wave (a) at 382. We can see a corrective channel, which has held the corrective structure. Wave c can travel for the following targets: 360-356-342+. Price has also created the head and shoulders pattern, and the right shoulder has broken down the neckline. Impulsive wave will start after the breakout of the corrective wave...
Targets: Traders can initiate short positions for the following targets: 2400 - 2376 - 2301 - 2279 BUT DON'T TRADE BLINDLY . Read this following research to get how it is making selling opportunities for the intraday traders. PEL is forming a double combination pattern on the 4-hour timeframe chart. Price has constructed LL(lower-low) and LH(lower-high) to...
Nifty is occurring a corrective wave ((iv)) on the hourly timeframe chart. It has broken the previous corrective (iv) of a lower degree and price fall to 17377 . The bullish scenario is valid till the price is above 17150 . According to the Elliott wave principle, wave ((iv)) can never enter the price territory of wave ((i)). Wave ((iv)) has retraced 78.6% ,...
-------------------------------------------------------------------------------------------- Timeframe: 1- Day Theory: Elliott Wave ------------------------------------------------------------------------------------------------ Click here to read research report 1:...
Nifty spot chart Elliot wave counts updated zoomed view in corrective phase subdivided counts 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.
Preface APOLLOTYER is preparing for a bull run. After completion of the 3rd wave at 261.2. Price had started a corrective wave ((4)) and took 38 weeks to finish this structure. A trader can trade impulsive wave ((5)) to make a high confidence trade setup. Wave Formations and Fibonacci relationships: Wave ((1))is an impulse with a 5-3-5-3-5 wave structure....
In this post I will show you IOC stock✌ Now a time market go to reach the level of previous swing.. Day trading is available in this time Wait for previous level break out after go to entry. It's just for education purpose, trade is your own risk Follow me And commend here for next stock
Hi, helo banakam Tool>>EWF IF BREAK THE LEVEL. OF PREVIOUS SWING AND RETEST THE LEVEL AFTER GO TO ENTRY STOPLOSS WILL 5S BELOW THE LEVEL OF ENTR.... (----------)IF Doesn't break the level of previous level , day traders only go to trade because of R2R level 1.1ratio so Don't go to entry , are u in a positional trader Important point: This is only education...
Elliott Wave Theory is a way to organize the market into waves and sub - waves . This strategy is useful for identifying patterns in several timeframes . These structures usually follow Fibonacci Retracements . The main structure is a five - wave patterns ( or impulse ) for a rally or drop . The ABC ( or consolidation ) pattern Usually acts as the next wave movements .
Nifty spot cmp 15680 Elliot wave counts of this last swing from 14200 to 15900,, last impulse wave of impulse phase is pending,, good upmove coming if manage to sustain above last swing low,, Good conditional long trade,, the move will be violent as the consolidation is longer,,
Nam India Elliot wave study ,, both minor and major cycle indicate good upmove can be seen in the counter,, price action also indicate most awaited breakout can be seen soon in this counter,, Good long candidate..
Escort elliot wave study and price action study,, counter is on verge to complete its 4th corrective wave of impulse phase and giving breakout from symmetrical triangle pattern formaiton,, Good long candidate
analysis mentioned on the chart.
sell on rise for target of 940. keep sl : 1050
• Safe Traders Sell Below 2050 – Target Downside – 2025 / below 2025 –Target -1980-1990/ Below 1980 Target- 1927 / Below 1925 Target – 1890-1900 / Below 1890 Target – 1830 / Once Double Bottom gets broken then stock may slip to 1650-1700 zone which I have suggested since Oct-Nov2020 • Risky Trader They can sell...
Have suggested already -its all choppy & messy suggesting that fall in Reliance is pending -which can take stock back again to 1830 & once 1830 is taken out - fall can become more serious. Trade carefully. Thanks The Y- Wave Next for 1980-2000 Levels