Elliot Wave Analysis of dani Port- Starting most dominant wave 3 - big Records are coming , big targets bullish wave 3 has started, this month will see 910 target
A beautiful elliot wave is formed on 30 mins timeframe. Clearly shows that the Wave 5 was the breakout and now Tat Motor will enter wave A and correction can be seen till 298-296 levels . Intraday Traders and Swing Traders can go short now.
This is my personal view , not a suggestion.
According to Elliott Wave principle, the 5 impulsive waves are followed by 3 corrective waves.
Is the party over for Happiest Minds ?
Let me know your views.
here as we can see after the motive waves 12345 , we are into abc correction
out of abc , wave a has been identified , and now wave a shall be retraced by wave b ,
keeping it very minimal to 50% retracements .. also the price action suggests that 350 levels
are a short term rejection levels as well ..
I am bullish on raymond on a yearly perspective and have...
CURRENT STRUCTURE:ABC ZIGZAG OR NEW IMPULSE
CURRENT LEG:WAVE 3 OR WAVE C
ACTION:GET LONG @ CMP 790,SL:770,TGT:875-898.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an...
Here I discussed current waves and its possibilities. It is very clear that the correction from Feb'21 was completed as triple-zigzags correction and new impulse wave started.
Mar'20 low to now:
2008 low to now:
In 2hour chart of nifty from 15431 it seems triple zigzag correction is running and final abc decline is pending from 15044. from 15044 to 14416 wave A is completed and from 14416 wave B is started. After completion of wave B, we can expect wave C decline below 14151.
For detail understanding kindly watch full video.
Thanks for watching
Wave 4 (the impulse started from Mar'20 low) was completed as triple-zigzags correction and wave 5 is in progress. Now wave (iii) of 5 starts.
Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
FX:EURUSD
Price Should Move up without braking of Invalidation Level in form of 1,2,3,4,5 waves in blue degree.
As you can see wave ((i)) has been finish and currently we are in correction of wave ((ii))
As long as price is above invalidation level you will see further rise in the price in form of wave ((iii)).
