CNX CONSUMPTION has been out performing broader markets on the back of impulsive move that price has shown. Following are the reasons for considering current rise an "Impulse" 1)Wave 2 has not retraced more then 61.8% wave A 2)Wave 2 has taken equal time as wave 1 took to form 3)No part of wave 3 has touched 0-2 trendline while its advance.(not shown...
Levels as mentioned on the chart Follow up chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
Everything is going as predicted. Here is the chart and check previous post.
TataMotors CMP 441.5 This is a weekly chart of TataMotors ( TM ) ... this is possible wave count in TM Red marked zone is supply zone in it ... also we see a trend line breakdown... if TM stays below 462 ... Blue arrow is the possible direction of the script ... Just a View! Vedang :D Chart is for study purpose only!!!
NZDJPY ON subminute wave 3 of minutee wave 5 seems wave 2 is completed going long at current price with sl on wave 1 top
Under wave 5 of 5 of ending diagonal looking for 3 wave up to complete wave 5 price above wave 3 can go short with sl at invalidation
After wxy correction looking for wave 3 upside for long term now under wave a of y looking for b wave up then we can short for wave c
Looking for a 3 wave down for y and up for wave 3 sl at invalidation maybe wave y finished looking for 5 wave up nd 3 wave correction to go long
leading diagonal ended now looking for a 3 wave correction to buy wave 3
Looking for the end of wave 2 to go long stop at invalidation.... Break of x will add extra onfirmation
NSE:EICHERMOT - Eicher Motors chart is forming a Leading Diagonal Elliot wave structure. A Leading Diagonal is a transitional structure (correction to impulse) forming as part of the first wave of a larger impulse degree. - The first wave leading diagonals form as a 5-3-5-3-5 overlapping structure as shown on the chart. - There is no doubt this counter is bullish...
canara Bank has retraced from highs of 222 around. Now Can see taking support at .382 % also cloud support here.. Minimum target will be 222 that can extend to 234 Stop loss should be around 201
Our prediction in our previous post exactly happening and its going as per the down trend. Risky traders can short with august month expiry. Hit like and subscribe if you feel the prediction suggested helped you book profit.
#Characteristics of Bow-Tie Diametric pattern *It's a seven legged Elliot / Neo wave corrective pattern *Wave A=G,B=F,C=E.wave D is connector. *Wave B takes less time then wave A took to form,and can correct wave A by more then 61.8%. #Reasons for not considering this entire swing as an impulse/triangle move *Wave B has retraced wave A more then 61.8%(In an...
Nifty is just going as predicted. Hope someone entered in position based on this post. Like and post for more such prediction.
Nifty is falling down as predicted in our earlier post. BNF is still facing resistance and struggling to break down to join the downtrend rally . BNF is going on the resistance marked in the chart. What do you think, will it fall or not ?? comment below
As we saw in our last post , we predicted the down trend in Nifty based in Elliot wave . It may be just coincidence or might be as per the trend as we predicted. What do you think. Will it drop further ?? comment your predcitions in comments.
the stock is falling.....will fall more.....fall is likely to stop at 261.8% fibo level which will also be the end of the 5 way down move........be ready to buy at 30.75 for thumping gains...