TATA STEEL LTD CMP: 899 As per Elliott WAVE, it looks like we completed impulse 5 wave structure, then we are entred to Corrective wave ABC pattern.
Hi friends, Nifty as per my previous analysis and follow up updates() failed to cross the #keyresistance and hence ended with #fakeout(failed breakout). So as I expected further down swing or one more down swing...which did unfold decisively today. what next..? VIEW: Expect to bottom out in the zone as shown in the chart. Structure/Pattern: impulse + double...
I am still working on it.
GODREJ PROPERTIES Bearish Sequence Weekly Chart (log scale) NSE:GODREJPROP
CANARA BANK Bearish Scenario 60 Mins Chart (log scale) NSE:CANBK
IDFC FIRST bank - THIS SCRIP currently going 4th correction and its sub-wave "B" "C" is bending. once this scrip complete 4th correction we will expect 5th impulse.
WE ARE IN PROMARY WAVE 4-YELLOW INTERMEDIATE WAVE C-WHITE MINOR WAVE 5-ORANGE MINUTE WAVE 5-RED. AS OF NOW PRICE IS MAKING ENDING DIAGONAL/WEDGE KIND OF PATTERN. GENERALLY FOUND IN WAVE 5 OF IMPULSE OR WAVE C OF ABC(IN THIS CASE).PRICE HAS ALREADY FALLEN IN INTERMEDIATE DEGREE ABC FLAT CORRECTION TARGET ZONE.MINUTE DEGREE WAVE 5 CAN TAKE PRICE TO 32000 LEVEL...
BHARAT PETROLEUM CORPORATION Bearish Sequence Daily Chart (log scale) Next Possible Target towards downside is at 395 to 385 odd levels NSE:BPCL
RELIANCE INDUSTRIES Bearish Sequence Daily Chart (log scale) Next Projected Target towards downside is at 1618 to 1441 odd levels NSE:RELIANCE
Bajaj finance is in wave-4 correction.Price has almost reached correction target and previous support zone is near.Long can be initiated if we reversal candle between 4650-4800 zone.
Ethereum/ USD (BITSTAMP) Bullish Sequence Completed @ 2197 level Expecting a further fall in the price BITSTAMP:ETHUSD
NSE:NIFTY Nifty has completed its 3rd wave in black degree ((3)). Now we are in consolidate correction of (($)) wave which will be in WXY pattern.