NSE:NIFTY chart as per Elliott Wave Analysis. Here Wave 5=Wave 1. So an impulse should be ending here near to 15300. You can check our TVC:SPX analysis too.
Levels as mentioned on the 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
I daily make market analysis videos and posts on Financial markets SR means Support and Resistance PC means Parallel Channel Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
NSE: TATASTEEL If Breaks Then The Targets could be Taken at 1016 Time Frame :- 1 Day Patterns Name :- Elliott wave We are not responsible for any profit or loss Based on Your Own Risk this is only to Show you the Current Pattern Comment Below If You want to ask me questions on this on any other idea BTW Like and Follow if you like this awesome content Made By...
Stock is the C leg of correction............likely to end at around 1140 level....which is the meeting point of white curved trend line, yellow channel and S2 pivot..........be ready to buy if and when it goes there...
From the highs of 1375 stock is declining making lower lows lower highs which suggests that stock is undergoing into a short term corrective downtrend. From ElliottWave perspective stock is forming a double three correction (WXY) of which wave-X is already concluded at 1093 and right now stock is unfolding its wave-Y which shall bring the prices towards 700-650...
Key levels to watch: 2428 -- selling will intensify if HUL drops below it 1790 -- new low will be registered if HUL drops below it
triple correction pattern, bank nifty will touch on of this target upcoming bullish pattern will decide what will be the reversal point target i have shared this are fibo level under WXYXZ pattern
Key levels to watch: 3401 -- selling will intensify if TCS drops below it 2890 -- new low will be registered if TCS drops below it
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
#IGL multiple trading opportunities sighted ... price expectation 460 rs . will put timely trades for IGL ... the second wave has completed on 1H candles , and now seems to have started the third wave ... We try to always trade the third wave , be it in a bullish direction or bearish direction... stay tuned we will walk with IGL for a long time now ...
A major forex pair, USD/JPY, is trading at highs it hasn't revisited since 1998 & 2002. As it rises, the value of the Japanese yen keeps dropping. Already at "historic lows," how much lower could the yen go? The thrust from the wave b triangle is still unfolding.
Gold has accomplished the final correction wave (Y) of wave ((B)) and has begun to form sub-waves of the corrective wave ((C)). Currently, the price is at 100 EMA & the lower band of the parallel channel. It appears that the movement of gold is being dominated by bears, as it is making lower lows and lower highs. If the price breaks down the parallel channel,...
Nifty currently in Z wave heading above 16k. Expecting 16050-16180 levels max on upside Rise would be slow. Details mentioned on chart. DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any...
Nifty is following the classic Dow theory definition of an up trend, a series of higher highs and lows and till that is violated why bother. Day to day volatility because of US stock indices going up or down on data like Consumer confidence or GDP can be confusing but a technical setup is simpler to follow. So far the Nifty is showing relative resilience despite...
Nifty Seems forming an Expanding triangle Pattern...( in this case it is at wave 4) Rarely an Expanding Triangle Retraces fully... so it is still sell on rise market
Here is monthly chart of FTX:SOLUSD . It shows clear 5 wave impulse followed by ABC correction that is still not complete. Once we get a positive monthly close then we can expect the next 5 waves impulse on the upside that the size of it should be at least same as the upmove of previous 5 impulse waves (1-2-3-4-5). It's a wait and watch game from long term...
Nifty has made a wammie bottom on the 4-hour timeframe chart. It is forming on the descending channel. Currently, Nifty is facing resistance on the upper band of the descending channel. There is a strong resistance as well as a confluence zone of 16400 . If nifty breaks the resistance level of 16400, it will be confirmation of an upward march for 16518 – 16708...