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Elliott Wave

Positional View for Nifty from January to March, 2026Wrap up:- After breaking ATH of 26277 dated 27.09.2024, Major wave X has been shifted further and pattern counts has been changed at major level. Now, wave w of major wave x has been completed at 26277 and wave x is in progress. In wave x, a is completed at 23263 and b is treated as completed at 26325 once nifty breaks and sustains below 24581 (which is 38.2% of 21743 to 26325). Thereafter, Nifty will head towards wave c for a min. target of 23311. But, the range is very large in between 26325 and 24581. So, we have to check internal pattern of Nifty which is currently in progress i.e. wave 5 from 24337 to 26325. In this pattern, Nifty is forming a wxy pattern. Wave w has been completed at 25448 and wave x at 25318 and wave y at 26325. Nifty already break 38.02% of 25318 to 26325 i.e. 25941 also sustains below that. Therefore, we assume once that wave 5 or wave y or wave b of wave x is completed at 26325 and Nifty is heading towards wave C. In wave c, wave 1 is completed at 26066, Nifty again forming a wxy pattern in wave 2. Wave 2 is treated as completed once nifty breaks and sustains below 26041. Thereafter, Nifty will head towards wave 3 of wave c of wave x. Short Nifty below 26041 sl 26325 (daily closing basis) for a target of 25097-24934-24575-23494-23311-23118. Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
NSE:NIFTYShort
by ChartMasteryHQ
1
Nifty Analysis for Dec 23, 2025Wrap-up: Earlier I mention that Nifty forming a wxy pattern in wave 2. Wave w has been completed at 25318 and wave x at 26325 and wave y is in progress of which a is completed at 25891 and wave b is in progress. In wave b, Nifty again forming a wxy pattern. Wave w has been completed at 26098 and wave x at 25693 and wave y is treated as completed once nifty breaks and sustains below 25994 and then wave b will be completed. Thereafter, Nifty will head towards c. What I’m Watching for Dec 23, 2025 🔍 Short nifty below 26075 sl 26180 for a target of 26007-25962-25899. Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
NSE:NIFTYShort
by ChartMasteryHQ
Buy Apollo TubesAPL Apollo Tubes has completed one full motive wave and related corrective wave in the form of a zigzag. All the wave markings are given in the chart. One may consider going long on the stock with an initial target of 0.786 fibo retracement of the corrective wave. Stop loss is considered below 1.618 fibo retracement of Wave 2-3 to 4 of wave C of the corrective structure providing a risk-reward ratio of over 2.5x. Will update the further targets as the stock waves unfold. Happy Trading !!
NSE:APLAPOLLOLong
by ChartTheWave
2
Maruti: Rising Flag, Dropping ProbabilityStructure The decline into Wave W is complete as a Regular Flat. The rebound is a corrective Wave X, fully overlapping and contained within a rising channel. Bias remains bearish as long as price trades inside this channel. Wave Y Setup Trigger: Breakdown below the channel near 16000. Entry: Preferable after a break and retest of the lower channel line. Target: Toward 15,260 to complete Wave Y. Invalidation: A decisive close above 16,549 invalidates the bearish view. Summary The current rise is a corrective phase, not a trend reversal. The higher-probability outcome is a continuation lower into Wave Y unless the channel breaks to the upside. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:MARUTIShort
by WaveXplorer
5
GER40 Holds Key Fibonacci Support – Upside Continuation LikelyThe GER40 chart indicates that a larger A-B-C corrective structure has been completed at the recent low, marked as (C), after which the index began a fresh impulsive upward move. From that bottom, price has formed a clean five-wave advance, confirming the start of a new bullish cycle. The recent pullback appears to be a typical Wave 2 correction, which has respected the 0.5–0.618 Fibonacci support zone, a common area where corrections typically end. This suggests the correction is likely complete and the market is preparing for Wave 3, which is usually the strongest and fastest upward wave. As long as price holds above the Wave 2 low, the bullish Elliott Wave structure remains valid. Overall, the setup favours continued upside, with potential for higher highs in the coming sessions. Stay tuned! @Money_Dictators Thank you :)
FOREXCOM:GER40Long
by Money_Dictators
Updated Nifty Analysis for Dec 19, 2025Wrap-up: In wave 2 of Major wave 1, Nifty forming a wxy pattern. Wave w has been completed at 25318 and wave x at 26325 and wave y is in progress of which a is completed at 25891 and wave b is in progress. In wave b, inner wxy pattern is formed and wave w is completed at 26098 and and wave x is in progress. In wave x, again wxy is formed in which w and x are completed and y is in progress. In wave y, a is completed at 25904 and b is in progress which is expected to be completed in the range of 25908-26012. Thereafter, Nifty will head towards c. What I’m Watching for Dec 19, 2025 🔍 Short nifty 25908-26012 sl 26058 for a target of 25565-25469. Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
NSE:NIFTYShort
by ChartMasteryHQ
4
Tata Motors PV – Wave B/2 Near Completion, Bounce Zone ActivatedThe ongoing decline appears to be unfolding as a complex corrective structure, with Wave C of the larger Wave B/2 now approaching its typical termination area. Price has reached the 0.786 Fibonacci support at ₹350.35 — a level where deeper corrective phases frequently exhaust themselves. Structurally, the final leg of Wave C shows a clear five-wave micro pattern, and downside momentum has begun to fade. The RSI is printing early bullish divergence, suggesting that sellers are losing strength even as price tests fresh lows. This combination often precedes a relief bounce within the broader framework. As long as the price respects ₹323.45, this corrective interpretation remains valid and a bounce from the current zone is the preferred expectation. A decisive close below the invalidation level would signal that the correction is not yet complete and that a deeper retracement is unfolding. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:TMPVLong
by WaveXplorer
Updated Short term View for Nifty till January, 2026Wrap up:- Earlier I mention that wave 5 is still in progress. But some counts i wrongly calculated. Now, wave 5 of Major wave1 is completed at 26104 and wave 2 is in progress. In wave 5, Nifty has made wxy pattern. Wave w has been completed at 25153 and wave x at 24587 and wave y at 26104. In wave 2 of Major wave 1, Nifty again forming a wxy pattern. Wave w has been completed at 25318 and wave x at 26325 and wave y is in progress of which a is completed at 25891 and wave b is in progress. Short Nifty below 25693 sl 26058 for a target of 24365-23949 till december, 2025 or mid of January, 2026. Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
NSE:NIFTYShort
by ChartMasteryHQ
Mahindra & Mahindra: Correction Phase Initiated from ATHFrom the recent all-time high near ₹3,795 , price action on the 4H timeframe shows a clear loss of impulsive structure. The initial decline from ATH is best interpreted as a leading diagonal , a common pattern that often kick-starts a broader corrective phase . The diagonal unfolded Wave (1) with overlapping internal waves, confirming the corrective nature rather than trend continuation. Currently, price appears to be attempting a Wave (2) retracement . Typical recovery zones lie between the 0.5–0.618 Fibonacci retracement (₹3,686–₹3,712) . As long as price remains below this band, the broader bias stays bearish , with scope for a stronger Wave (3) decline to follow. Invalidation This bearish count is invalidated above the ATH (₹3,795) . A move beyond this level would negate the diagonal structure and require a fresh bullish reassessment. Summary ATH rejection confirmed Leading diagonal suggests corrective transition Wave (2) retracement in progress Below ATH -> downside risk remains active Disclaimer Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:M&MShort
by WaveXplorer
Hero MotoCorp: Post-Wave 3 Reset UnderwayFrom the 2020 low near 1,475, Hero MotoCorp on the weekly timeframe has been unfolding a higher-degree impulsive structure . The advance into the all-time high at 6,388.50 appears to have completed Wave 3 , with the internal structure cleanly subdividing into five waves (i)–(v) . Wave (v) terminated near the 100% Fibonacci extension of Wave (i) measured from Wave (iv) , a typical exhaustion zone for a third wave of higher degree. With the five-wave rally from 2,146.85 to the ATH now complete , the market has entered a corrective phase interpreted as Major Wave 4 . Fibonacci retracement projections place the likely correction zone between: 0.5 retracement at 4,267 and 0.618 retracement at 3,767 . Importantly, these levels remain well above the Major Wave 1 high at 3,629.05 , keeping the broader impulsive structure intact. Volume profile analysis adds further confluence. When drawn from the rally between 3,344 and the ATH , the Point of Control aligns closely with the 50% retracement , reinforcing this region as a high-probability Wave 4 development zone. In summary, Hero MotoCorp appears to have topped out for the near term . While a brief extension of Wave (v) cannot be ruled out, the weekly RSI was already in the overbought zone at the ATH . Any marginal new high would likely be accompanied by a bearish RSI divergence , strengthening the case for a corrective move into the projected Fibonacci zones before the final advance in Major Wave 5 . Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:HEROMOTOCOShort
by WaveXplorer
BTCUSD: Holding Wave X or Slipping Lower?24 Nov 2025 27 Nov 2025 1 Dec 2025 17 Dec 2025 Bitcoin is still trading inside a falling channel, and the overall structure remains corrective. The recent bounce from lower levels lacks momentum and is overlapping, which signals consolidation rather than a trend reversal. Price continues to respect channel resistance, keeping the broader bias weak. Wave X is acting as an important support zone around 83,822 , and as long as price holds above this level, further consolidation remains possible. This area is currently absorbing selling pressure and preventing immediate continuation to the downside. However, a decisive breakdown below Wave X would signal that the correction is not complete. In that scenario, downside momentum is likely to expand, opening the path toward the 79,650 - 75,655 zone. Stay Tuned @Money_Dictators RD :)
BITSTAMP:BTCUSD
by Money_Dictators
2
NVIDIA: Double Bottom Flat at Support — Bounce Setup in PlayNVIDIA is currently testing a well-defined support zone near the prior lows, where price action is starting to compress rather than accelerate lower. The structure forming at this level resembles a double-bottom flat , suggesting that selling pressure is gradually losing momentum. From an Elliott Wave perspective, the ongoing decline fits well as the final leg of a corrective phase. As long as this support zone holds, the odds favor the development of a Wave C move higher , which would mark a relief rally within the broader structure. The repeated defense of this level strengthens the case for a near-term bounce rather than an immediate breakdown. That said, this is a decision zone . A clean hold keeps the upside scenario alive, while a decisive break below support would invalidate the flat structure and open the door for deeper downside. Until then, patience is key — let price confirm before committing. Key Level to Watch: ~170 Above it: bounce potential Below it: structure fails Disclaimer: Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NASDAQ:NVDALong
by WaveXplorer
Wave 4 Trap Complete as Bitcoin Prepares for Final Flush6 Days Ago 3 Days Ago 1 December 2025 : BTC moved into the expected corrective zone last week but stayed inside the falling channel, showing that wave 4 was only a temporary bounce. Buyers failed to break any key resistance, and momentum kept fading. This kept the broader outlook bearish and hinted that wave 5 was still pending. BTC has now broken below the short-term rising structure, confirming that wave 4 topped out near the 0.786 retracement. The rejection from that zone triggered a clean shift back into the main downtrend, with price sliding toward the key 86,280 support. As long as BTC holds below the upper channel boundary, the market remains positioned for further downside, with the 1.618 extension around 79,650 emerging as the next probable target for wave 5 completion. Note: The rejection from the 0.786–resistance zone shows buyers failed to take control. Wave B at 86,280 is the immediate pivot level; staying below it keeps downside pressure intact. The next major target for wave 5 sits near the 1.618 extension around 79,650. Stay Tuned :) @Money_Dictators
BITSTAMP:BTCUSD
by Money_Dictators
ETHUSD Bull Trap? - Final Breakdown Setup Is Almost Locked InETH is still stuck inside a clear falling channel, and the entire pattern is behaving like a corrective downtrend. The recent bounce from 2620 looks sharp, but it’s still just a counter-trend move. Nothing here screams trend reversal yet. Wave 3 ending at 2620 , and now the price is rising for a Wave 4 retracement. Wave 4 usually moves back toward the mid-channel and tests previous breakdown zones. The red box around 3200–3300 is the key trap zone. This is where sellers can return because Wave 4 must not enter Wave 1 territory, which sits higher. As long as ETH stays under that invalidation level, the bearish structure remains fully intact. The move looks like a classic (a)-(b)-(c) correction inside Wave 4. Once this corrective bounce completes, the chart suggests ETH will resume the downward path. The channel alignment and wave symmetry both support a final Wave 5 drop. If the bearish count plays out, ETH could slide toward 2400 – 2300 in Wave 5 before a major bottom forms. That’s the zone where sellers exhaust and buyers take control again. Until ETH breaks the invalidation level with strength, downside remains the more probable outcome. Stay Tuned! @Money_Dictators
COINBASE:ETHUSD
by Money_Dictators