Seems like a trend reversal can happen from here. Nifty is in the last correction wave.
Hi Folks, HDFC AMC has done 1 and 2 of the largest degree and is currently in the 1st up (of 1 smaller degree). Of this 1st wave up (of 1 smaller degree), we are currently in the middle of it's minor 3rd wave. Since the 161.8% fib projection of the minor 1 and 2 waves is roughly 3450 which somewhat coincides with the 50% fib extension of the 0-3 wave...
Support and Resisatnce cmp 99 Target 104 - 126 SL 86-89
Just labeling... I am working on past data.
Harmonical pattern made cup with handle @ end --------------------------------------------------------------------- according to me break out point will be 690.60 so you can buy above 690.60 . --------------------------------------------------------------------- so 1st target - 800 (161.8%) 2nd target - 900...
after this full analysis i can say that this cup with handle can form in nifty and then it can touch 12500 I will give you buying signal after completing its wave 4 of cup with handle. THANKS...
#elliottwave #supportandresistance #usdinr #USDINR based on Elliott wave theory and support and resistance so here according Elliott wave theory it is making 3rd wave of higher degree. WHAT IS HAPPENING IN RED CHANNEL ? IN RED CHANNEL IT IS FORMING 3RD WAVE WHICH CONTAINS LESSER DEGREE WHICH IS MADE UP OF 5 IMPULSIVE WAVES so NEXT IS 5TH WAVE AND IN 5TH...
a movement of 7 waves in Indusind bank which may be a double zig-zag. last wave named as Y , in this wave it is making 5 impulsive wave. --------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------- 5th impulsive wave may end near...
COPPER US$ SPOT 13 Years Cycle represent that, we are in the wave 4 Sequence Neutral Outlook
A friend of mine asked me to consult him on Adani Ports , so I did. Uploading the same for the benefit of all my folks here at Trading View. Adani Ports is in it's main 3rd of a large degree (Wave count marked in Red). It's in the last stages of completing this 3rd as depicted on the chart. It should now go for it's last move up before it completes the 5th ...
Just labeling... I am working on past data.
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 indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before...
Just labeling... I am working on past data.
If breaks above 1346 then can rally up to touch 1450-1500 where red parallel channel will act as resistance. This will mark the completion of wave 5, if the same is already not completed. If breaks below 1277 on weekly closing and 1235 on daily closing then 1045 and 859 could be the min. targets that can be expected.
Part 2: Just labeling... I am working on past data.
Revised wave count from Mar'20 low. Even if the correction is for wave (Z), this correction should be bigger than Aug-Sep'20 correction. In this case, it is possible to test 13400-700.
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 indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before...
Just for study purpose only and should not be interpreted as a proposition to buy or sell in any securities. Price was thrown out of channel making 15432 top now thrown under channel but only to go up. 14300-13900 reversal zone