SRTRANSFIN making weekly flag pattern and made elliot wave impuse and correction pattern. it will make almost 65 to 70% sharp move in next 5 to 6 month.
Wave 2 of (5) is completed or about to complete. Rally is about to start from tomorrow onwards. Banknifty update:
Final rally is pending before get in to deep down-trend. Wave 5 of C (up-side) projection: First target : 361 Second target : 405 Third target : 450 Invalidate level : 288
Kotak bank is about to start final leg rally. It is an impulse from Mar'20 and now it is in inner wave 5. Both BankNifty and Kotak bank are in sync on inner waves. First target : 2050 Second target : 2140 Third target : 2196 Final target if luck : 2400 Invalidate level : 1670 Major degree wave 3, started from 2009 is about to complete.
It has been running very strong. It is about to pause its rally after its final up-trend completes. It is just pause and will resume again strongly. First target : 1620 Second target : 1680 Third target : 1765 Invalidate level : 1400 (closing basis)
Buy on dips near the level of 770 , keep sl of 740 and look for the target of 840/870's .
Bandhan Bank looks Wave 2 is finishing and it should soon start with Wave 3 for higher targets of 350-375-400-425. SL is very small as usual :) Although my previous two trades of Bandhan Bank have failed, I still count on it, as each trade outcome is independent of previous one. Let it trade above 310 and it should start as per study.
Correction was completed and next up-move has begun already. Target : 10000 Invalidate level : 7144 Day TF
It is about to complete correction and move higher for new high. Projection for wave 5: First target : 3500 Second target : 3800 Third target : 4050 Invalidate level : 2450 Day TF s3.tradingview.com
Nifty is in its final up-trend and it may touch 16500 level (at-least 16300) where wave 3 of major degree completes. After this, it may start a correction and market may trade in negative for 2 years.
Correction was completed and it is moving higher for final up-move. See the charts for more details. Projected levels for wave 5: First target : 1128 Second target : 1380 Third target : 1465 Final target : 1650 Invalidate level : 708
Recently I have started to analysis some stocks. Most of the stocks are in final leg rally and also Nifty n BankNifty indexes too. After then there may be some corrections (approx. 50% correction). It is an impulse from 2009 and wave 5 is in progress from Mar'20. Now it is about to start its final up-trend. First target : 1650 Second target : 1830 Third target :...
BHEL is about to move higher from the current level (64). First target : 80 Second target : 86 Third target: 95 Invalidate level : 59 It is an impulse from Oct'20 low and wave 5 is in progress. The projection of the wave 5 is mentioned above as targets. I expect the up-move from Mar'20 is wave A of flat. Wave A is about to complete and then there may be...
Banknifty Elliott Wave count plotted best to my knowledge. After Wave iv which is complex correction new leading diagonal wave has been seen. New impulse should start taking it towards lifetime high. 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...
NATURALGAS 2D - BULLISH SEQUENCE- CONTINUATION