Reason for shorting: As per Elliott Wave theory, Bank Nifty has completed the 1, 2, 3, 4, 5 moves, and wave 5 went up in a contracting triangle ED (Ending Diagonal). It has completed a degree, and now we are expecting a correction. Based on Fibonacci retracement levels, our minimum targets are 0.618 and 0.786. Time Frame: Weekly Stop Loss: Above ATH...
I'm not a SEBI registered analyst, Views are personal, not any buy or sell recommendations. Today I discovered JKPAPER, which has experienced a breakout in the Weekly chart. Additionally, I noticed that it is currently in its 5th wave, which is an impulse wave. Considering the wave structure and the strong performance of consumption-based stocks , I predict a...
Stock is in an uptrend since it made a low of 73.20. Recently broke resistance at 182.50 and continuing in wave 5. Although, on higher timeframes it is giving negative divergence on momentum indicators, still a small quantity can be initiated with strict SL. Also, the basis of Gann Octaves is an Out of orbit case with a minimum target of 184.50. The analysis is...
Stock is on an ongoing impulse in daily, weekly, and Monthly timeframes. Currently in 3 wave of short term. and 5 wave of Long Term. Stock must be accumulated at every dip. The target zone is marked on the chart. The analysis is only for educational purposes. Please trade at your own risk
Elliott Wave Analysis:- A triangle is formed and a upside breakout is expected in a weekly pattern.
13% RETURNS TARGET FOR NMDC ELLIOT WAVE. Can BUY at CMP-267 and book profit till 290-300 SL at 246-250 Disclosure - I am not a SEBI registered analyst. Information provided here is only for educational purposes. I will not be responsible for any of your profit/loss.
NSE:RELIANCE Wave 2 retraced 30% of Wave 1 Wave C achieved Equality to A Mostly Wave 2 Bottom in Place. Wave 3 Rally shall commence.
#Britannia looks bullish but it's not, little bit up move still remained but eventually going to come down, bigger picture it will look in sideways good for investing long term
#Zen technologies looks in correction, ending diagonal has formed.
BHEL is moving higher in impulse trend. The Trend for BHEL is positive and the best of the trend is behind us. Prices are currently moving in the form of wave 4 retracement. Time cycle are the crucial areas of reversal and for Bhel it is due on 25th march. So the up move has still more room to cover and we can expect the stock to reach towards the level of...
NSE:HCLTECH Weekly and Daily TF analysis Wave 4 correction looks getting over Wave 5 Rally shall resume
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk : Reward: 5-6 times.
COINBASE:BTCUSD Wave 4 Correction looks over. Shall be heading Higher in Wave 5 To $100000
Elliottwave Analysis Update on NSE:RECLTD & NSE:PFC Wave 4 correction near to getting over. Shall be heading higher in wave 5 Rally in next 3-4 moths
Elliottwave Update on NSE:HINDPETRO HPCL and NSE:BPCL Wave 2 correction looks over. Price breaking out. Shall be heading higher in wave 3 in next 6 months.
I have used the following relations to derive this targets Wave 4 = 0.382 x Wave 3 Wave 5 = 0.618 x ( Wave 1 through Wave 3 ) Wave 5 = Wave 1
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk : Reward: 4-5 times.