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Elliott Wave

Nifty Elliott wave analysis for 23april 2021In this video i have explained 1hour chart which suggesting complex correction is going on from 15431 and may be it is completed as triple zigzag correction at 14151 or still continue. 14280-14360 was an immediate resistance range and nifty closed above that range. now this same range will act as a support range. In 5min chart as of now its looks like a three wave move from 14151 to 14425. 14379-14351 is an immediate support range in 5min chart and if nifty trades below 14351 which is 38% retracement of (c or iii) then it will turn in to negative again. In Bank Nifty daily chart 33625-31098 is an immediate support range where banknifty is hovering around 31098 which is breakeven point for bank nifty. as of now its above that level. In 1hour chart 31835-32719 is an immediate resistance range and positive only above 32719. For immediate move if we see 15min chart of bank nifty then there are immediate support range and resistance range explained. Thanks for watching
NSE:NIFTY
by chirag_Khasiya
7
Nifty Elliott wave analysis for 19april 2021In nifty 45min chart from 15431 to 14249 its looks like a corrective decline as of now. If we see the internal structure of this decline then its looks like a Triple zigzag correction where, 15431-14468 1st abc 14468-15336 Link wave X 15336-14264 2nd abc 14264-14984 2nd link wave 14984-14249 3rd abc From 14249 bounce is already started and we need to see whether its a sustainable bounce or not. for that lets check its internal wave count. From 14249 wave (a or i) and wave (b or ii) is completed at 14449 and 14353 respectively and from 14353 wave (c or iii) is running and in (c or iii) wave (1), (2), (3) and (4) is completed and from 14585 we may see bounce as wave (5). Projection of that wave (5) is coming at 14714-14793. 14610-14561 is support range for nifty and if it trades below 14561 then it can turn negative again. after achieving 14714-14793 retracement range will be change accordingly.
NSE:NIFTY
by chirag_Khasiya
2
Reliance - Ending Diagonal Finish (Sell Below 2100) • Safe Traders Sell Below 2050 – Target Downside – 2025 / below 2025 –Target -1980-1990/ Below 1980 Target- 1927 / Below 1925 Target – 1890-1900 / Below 1890 Target – 1830 / Once Double Bottom gets broken then stock may slip to 1650-1700 zone which I have suggested since Oct-Nov2020 • Risky Trader They can sell if stock holds below 2100 or as close as possible to 2100 • No Trading If stock crosses above 2100 – we will avoid taking sell or short trades.
NSE:RELIANCEShort
by WaveTalks
51
BHEL Elliott Wave Analysis Jan 2021DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgement while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisor before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
BSE:BHEL
by Niftydirection
1
APPLE : READY for TRIANGULAR THRUSTAfter the formation of bullish triangular structure with wave - e , as a final setback , stock has successfully crossed the level of wave-d . One should go long at current levels keeping the Stop loss below the level of wave-d (120$) or the lows of wave-e (112$) The target level should be the recent highs that is 138$ and post that level the triangular thrust measurement which is the region of 144$. Don't forget to go through the previous examples of triangular thrust. Below are the links available. If you like the ideas and learned something, then please do support through likes & tell us your views into the comment section.
NASDAQ:AAPLLong
by TradingSutra
1