Nifty & Bank Nifty UpdateHi Everyone
This is an update of Nifty and Bank Nifty Neowave cycles. I have talked about its structures in the video. But still if you have any more questions feel free to ask them.
Thank You
Elliott Wave
#finnifty"Good morning! As of September 12th, There is no significant difference between the last session. Global market sentiment is positive, based on the Dow Jones alone. The market trend is bullish, and there is a possibility that the market might open with a gap-up. If the gap-up sustains, we can expect the rally to continue with minor corrections. On the other hand, if the gap-up doesn't hold, we can anticipate a minor correction."
LODH for swingAs per EW, wave 2 was deep so expecting wave 4 to be shallow.... looking for sing trade in wave 5
Analysis of CEAT LTD on MY YOU TUBE CHANNEL 8wavestosuccessPlease Check the Elliott wave analysis of CEAT Ltd at 8wavestosuccess. please do like , share and subscribe to the video.
#nifty"Good morning! As of September 11th, global market sentiment is slightly positive, based on the Dow Jones alone. The market trend is bullish, and there is a possibility that the market might open with a slight gap-up. If the gap-up sustains, we can expect the rally to continue with minor corrections. On the other hand, if the gap-up doesn't hold, we can anticipate a minor correction."
#banknifty"Good morning! As of September 11th, global market sentiment is slightly positive, based on the Dow Jones alone. The market trend is bullish, and there is a possibility that the market might open with a slight gap-up. If the gap-up sustains, we can expect the rally to continue with minor corrections. On the other hand, if the gap-up doesn't hold, we can anticipate a minor correction."
#finnifty"Good morning! As of September 11th, global market sentiment is slightly positive, based on the Dow Jones alone. The market trend is bullish, and there is a possibility that the market might open with a slight gap-up. If the gap-up sustains, we can expect the rally to continue with minor corrections. On the other hand, if the gap-up doesn't hold, we can anticipate a minor correction."
'Nifty' Wave Counts from the Corona low.#Nifty 50 is the main index for the Indian markets. With the weightage of the most valuable stocks like Reliance, HDFC Bank, TSC, INFY and many more, the mass psychology of the index becomes much smoother than other stocks and indices.
Let's see how the Elliott wave reacted to the Nifty as you can have a look at the Elliott wave counts.
Nifty is in fifth wave of its impulse started from the low of Mar' 20,
most probably forming an ending diagonal.
Where,
Wave III is 2.618 of wave I. And,
Sub wave 1 is almost equal to sub wave 5 of the wave III,
forming zig-zag corrective pattern in waves II and 2 whereas, complex corrective
pattern in the waves 4 and IV of the impulse.
Regards,
Arman Dhull.
EURUSD BUYTrade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
gbpusd analysisTrade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
zigzag correction in BANKNIFTY ELLIOTT WAVE ANALYSIS:-
View-1:-
It seems that a zigzag wave has completed.
A bounce back looks like connecting correction wave B is forming, a little bounce back may happen to form a connecting waves in a correction form.
View-2:-
It seems that a zigzag wave has completed.
An impulse wave was emerged and an impulse 1st wave was completed and a corrective 2nd wave was completed it seems to be an emerging of impulse 3rd wave .
Expected a reasonable bounce back if the 43600 level sustains. If the level break and go down then there will be another zig zag formation may take place.
T1=44439
T2= 44586
T3=44957
T4=45274-45615
For View 2 stop loss will be 43600.
For wave 1 there will be no stop loss.
i'm not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor.
#nifty"Good morning! As of September 8th, the global market sentiment is slightly positive, based on the Dow Jones alone. The market trend is bullish, and there is a possibility that the market might open with a slight gap-up. If the gap-up sustains, we can expect the rally to continue with minor corrections. On the other hand, if the initial market experiences sharp declines and reaches yesterday's minor high, that's a sign of a trend reversal."
#banknifty"Good morning! As of September 8th, the global market sentiment is slightly positive, based on the Dow Jones alone. The market trend is bullish, and there is a possibility that the market might open with a slight gap-up. If the gap-up sustains, we can expect the rally to continue with minor corrections. On the other hand, if the initial market experiences sharp declines and reaches yesterday's minor high, that's a sign of a trend reversal."
#finnifty"Good morning! As of September 8th, the global market sentiment is slightly positive, based on the Dow Jones alone. The market trend is bullish, and there is a possibility that the market might open with a slight gap-up. If the gap-up sustains, we can expect the rally to continue with minor corrections. On the other hand, if the initial market experiences sharp declines and reaches yesterday's minor high, that's a sign of a trend reversal."
BANKNIFTY: Inverted H&S PatternBANK NIFTY: Inverted H&S Pattern
Levels mentioned on chart & given target seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
INDUS IND Bank: Symmetrical Triangle patternINDUS IND Bank: Symmetrical Triangle pattern
Levels mentioned on chart & given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
Correction in KOTAKBANK. FLAT (or) TRIANGLE Wave.Elliott Wave Analysis:-
Due to some management changes in bank there are certain fundamental changes taking place. Let the cloud get cleared, until that we wait for the clear sky.
View1:-
triangle pattern.
B wave was formed.
Once C,D wave was formed then we can enter into the trade.
until that we watch the wave formation.
1631 as stop loss we enter into the trade.
once the breakout was completed in upper side we trail our stop accordingly in between waves.
View2:-
Flat correction.
Once it break 1631 then flat correction is confirmed .
Almost B wave was seems to be over.
it may reach 1570,1436, 1267, 1051 will be the support level.
Wait and watch until there is a clear wave formation.
I'm not a SEBI registered advisor.
Kindly consult your financial advisor.
triangle pattern breakout in PETRONET LNGThere is a triangle pattern formation in the chart for long term.
Expecting a bounce back once it reaches 210-214 zone.
Target for triangle pattern with taking C Wave as stop loss. once there is a breakout then we can go for the consider E wave as stop loss and we can trail accordingly.
Target:-
T1- 242
T2-264
T3-300
T4-330
Stop @ 190
we have to wait and watch the pattern formation.
An alternative view I will post in the forecoming chart's.
#nifty"Good morning! As of September 7th, there is no significant difference compared to the last session; the global market sentiment is negative (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a neutral to slight gap-down. Structurally, it is a range-bound market, so we can expect some consolidation. We can anticipate a directional move after a major support or resistance level is breached."
#banknifty"Good morning! As of September 7th, there is no significant difference compared to the last session; the global market sentiment is negative (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a neutral to slight gap-down. Structurally, it is a range-bound market, so we can expect some consolidation. We can anticipate a directional move after a major support or resistance level is breached."
Finnifty"Good morning! As of September 7th, there is no significant difference compared to the last session; the global market sentiment is negative (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a neutral to slight gap-down. Structurally, it is a range-bound market, so we can expect some consolidation. We can anticipate a directional move after a major support or resistance level is breached."
impulse wave in HINDUSTAN PETRO. Alternative wave.Elliott Wave Analysis:-
Both correction and impulse wave we are expecting a correction.
once correction get ended an impulse take place.
View 1:-
There is also expected an impulse wave i) completed and a correction wave ii) was almost over if raise start then impulse wave iii) is expected to move on.
View2:-
Correction wave was still pending and a low was expected.
once the low was completed then the impulse wave of v wave was expected .
I'm not a SEBI registered advisor.
Kindly consult your financial advisor.
