a correction in impulse / correction in SBINElliott Wave Analysis
1) Impulse Wave:-
there is a chance of 3rd major wave ending and the 4th impulse wave is taking place.
after a fall we can accumulate.
2). Corrective Wave:- (complex correction)
A correction wave had completed and now the connecting wave X is forming may be the next wave can be a formation of Y or a complex correction.
Elliotwaveanalysis
a new post with minot update in DisneyElliott Wave Analysis.
The 5the wave was not truncated it was just turned into an flat correction. A small low till $75-$77 is expected before a bounce back.
This entire fall was indicating the 2nd Wave of the entire previous impulse 1st Wave.
once the fall was over then there will be a good impulse.
Your comments are most welcomed.
pullback is expected to emmplete soon in NIOThis is an elliott wave analysis.
A reasonable pullback had occurred.
we can start accumulate from here.
we can average further if it goes around $8 - $9.
With low risk and high reward.
i'm not a semi registered advisor.
I'm sharing my personal view.
Kindly post me comments if you people have any queries.
Your doubt will be cleared accordingly.
#elliottwave #NYSE , #sharemarket , #Nasdaq , # technical analysis
Possible Elliott wave structure of SILVER (now down then up)Hello Friends
Here we had shared possible Elliott wave counts of SILVER international chart on daily time frame, which are clearly suggesting us that currently we are in some ending phase of correction, which might be finish any time so now selling is not suggested but buying on dips only. I repeat, buy on Dips only is suggested as per Elliott wave structures, whole scenario is explained in current post as a video, please go through out and gain the knowledge.
I am not Sebi registered analyst. My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
HDFC Elliott Wave Analysis - Weekly AnalysisHello Fellow Traders,
I started learning Elliott Wave Analysis with online free tutorials.
I could able to draw based on rules I learned and wanted to put in public to correct and learn my mistakes.
Last leg of irregular ABC is in progress and it will be end before 2618 and I feel next WAVE will be fast.
Elliott Wave Analysis for South Indian BankHello Friends
Imagine we're reading South Indian Bank's story through a series of waves on a chart – each wave has its own label and meaning.
Looking at the larger picture, we've observed two distinct waves. The first one climbed up and was labeled as Wave (1), while the second one descended and was labeled as Wave (2). Now, a new wave is beginning, labeled as Wave (3). This phase often brings significant changes and momentum.
Zooming in a bit, we spot smaller waves nested within this Wave (3) We've recognized two of these smaller waves – wave 1 and wave 2. The upcoming wave, known as the "Third of the Third," is unfolding and labeled as wave 3. This phase tends to be dynamic and energetic.
Delving even closer, we identify a tiny segment of this wave 3 known as wave (i) and wave (ii). Currently, wave (iii) is likely in progress, showing notable strength.
With all these wave labels in mind, South Indian Bank appears to be a potential candidate for race towards north way, where we anticipate a price can increase, so we can assume this as an Investment pick. However, always remember that trading is not a sure thing. Like life, surprises can happen.
In a nutshell, Elliott Wave analysis helps us understand how the market moves in a certain pattern. South Indian Bank's chart is showing something interesting, and we're excited to see where it goes next.
I am not Sebi registered analyst. My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Elliott Wave Analysis of GoldHello Friends
Welcome to our Elliott Wave analysis of the Gold chart! This analysis helps us make sense of Gold's price movements by spotting repeating patterns. Think of it like finding familiar footprints in the sand.
Imagine Gold's price as a series of waves. Elliott Wave theory suggests that these waves repeat in predictable patterns. We'll be looking for five main waves within an overall trend and smaller waves in between.
The goal is to figure out where Gold might be in its current wave pattern. This can give us clues about whether the price might go up or down in upcoming days.
Remember, no analysis is a crystal ball. While Elliott Wave can be helpful, it's just one piece of the puzzle. Market news and events also matter.
By understanding these wave patterns, we aim to predict potential future movements in Gold's price. So, let's ride the waves of analysis and see what they might tell us about Gold's journey ahead.
Overall it looks little down first, then little big contra trend upside near $ 1910 or more, and then again down continuation towards $1820 - $1850 might be.
I am not Sebi registered analyst. My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Case Study of Nifty with Elliott Wave ProspectiveHello Friends,
Welcome to our Case Study of Nifty with Elliott Wave Prospective.
In this analysis, we'll be taking a closer look at the Nifty index using a powerful tool called Elliott Wave theory. Think of Elliott Wave as a way to uncover hidden patterns in the market's movement, a bit like solving a puzzle.
Imagine you're on a journey to understand where the Nifty index might be headed next. We'll be using the Elliott Wave lens to interpret the price movements and potential trends. This isn't about predicting the future with a crystal ball – it's about using historical patterns to make informed guesses about what could happen.
Throughout this case study, we'll dive deep into Nifty's recent price action and explore how it aligns with Elliott Wave principles. We'll be looking for waves and patterns that have appeared before and could repeat themselves. These waves might give us hints about potential ups and downs in Nifty's journey.
Remember, the market can surprise us, and there are no guarantees. This analysis is like a compass guiding us based on the historical behaviors we've observed in the past. It's always important to consider other factors too, like news and events.
By the end of this case study, you'll have a better grasp of how Elliott Wave analysis works and how it can provide insights into Nifty's future moves. So, let's jump into the Analysis video study of Nifty and Elliott Wave together and uncover the prospective paths it might take.
I am not Sebi registered analyst. My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing
just an idea on amaron. i will publish a detailed view on coming days .
This is not analysed in a detailed manner's.
if anybody wish to accumulate in slow manners it can be done.
I'm just sharing a small piece of view for a Long side.
a Detailed view will be published soon.
Nifty 20k Touch Delayed! Nifty made running triangle in wave B which is suggesting Correction phase in progress.
This triangle consolidation break will bring 19800-900 zones.
Triangle break can be confirmed after breaking 19600 or one can also wait for 19646 break.
Below 19495 we need to revise chart.
Nifty while going up also suggesting 20k break is delayed as it's in correction phase. We will revise chart if analysis goes well and it goes near 19800-900 zones.
Disclaimer: There is no guarantee of profits nor exceptions from losses in world of stock Market.
FnO Trading is Highly Risky business you can loose more that your trading capital.
This chart is solely the personal views of my research and development of market it can go wrong as well.
Do your own study or ask your financial advisors before investing/trading blindly.
Seeing impulse on HDFC AMCI’m impulse with this share. For long run we can hold on and slowly accumulate.
It may give a correction at this level or slight up ad then a low and then the impulse rally begins.
At end of the day Im impulse in this scrip unless any bad news arrive in the fundamental.
More Foreign investor and domestic investors are accumulating and less retail investor are in.
I’m not a SEBI advisor. Before taking any trade kindly consult ur financial divisor. I’m just sharing my view.
Your comments are most welcomed!…
it may be an impulse wave. detail had explained inside the chart. in my point of view over all the trend has changed. we may expect a small high and then a fall for around 60% and then with previous low as stop we can think of going long. and impulse 3rd wave may be possible.
if it is a triangle then this point of entering 1.07600-1.07200 will give u a good reward . if it goes straight up from here 1.06343 will be our stop loss.
the irregular running flat may extend to 1.03654.
disclaimer. I'm not a SEBI registered advisor. before taking your trade kindly do your own analysis or consult your investment advisor.
i just shared my view.
Second alternative wave in RBLBANKThis is another type of wave formation.
A regular flat wave had been formed.
There are alternative waves I have posted it before.
We need to wait and watch the wave pattern that is going to form. Only then we can decide the point of our entry.
I have attached the previous chart below. Kindly look into it for clarification
An alternative view on RBL If one more los is possible then this is a valid pattern else we skip this and move on to next bullish chart.
If consolidation continues furthermore then it may lead to triangle formation. If the previous high was broken then the Triangle get fail and it may complete flat pattern and one more low pending.
#AARTIIND LongAARTI INDUSTRIES creating a wonderful opportunity for a LRHR trade setup with only one down leg pending. Considerable buying range is 450-440 with a stoploss of 425. The Double zig-zag corrective waves is in its final leg supported by a classic Gartley harmonic pattern and also a classic crab in DTF.