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
Current Count Cycle: wave 3 Primary: wave 4 Intermediate: wave C Minor: wave 5 Minute: wave 5(Expanding Diagonal) Current Structure: Irregular Flat or Elongated Flat Logic for Irregular Flat Primary wave 3,Intermediate wave 4 @ 900 Primary 4, intermediate wave A 138% extention from wave b top @ 900 Primary 4, intermediate wave B 123% retracement @ 906 RSI...
Wave (4) completed and inner wave for wave (5) formed. It is going to be strong up-trend in this weeks and about to hit new all time high. If you found my analysis is useful, please do like. It will encourage me to give more updates. Wave count from Mar'20
Bank Nifty entered in a resistance range of 35036-35185. Now 34926-34827 is an immediate support range for Bank Nifty and if trades below 34827 then again it will be a negative sign.
Current view about Banknifty for July23
Wave (4) completed and inner wave for wave (5) formed. It is going to be up-trend in next 3-4 weeks. Wave count from Mar'20
Folks, Shriram Transport may have just completed a Triangle in the form of Wave 4th (Wave count in Blue) and now about to start it's journey for the 5th up, as depicted on the chart. An easy target could be placed at the 38.2% extension which is at 1750 (and maybe beyond) which is a 25% upside . A word of advice as always, tread cautiously and work...