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XAUUSD – Medium-Term Trading ScenarioXAUUSD – Medium-Term Trading Scenario Hello traders, Gold is moving into the final stage of its flag pattern. Medium-term traders are now waiting for a clear breakout confirmation, as that will set the direction for the next medium- to long-term opportunities. Once price confirms the break, the strategy is to enter immediately in the direction of the move. Meanwhile, short-term and day traders continue to trade within the flag, looking for scalping opportunities. From my perspective, the probability of gold breaking to the upside and continuing the main bullish trend is fairly high after such a long consolidation. To optimise entries, buying near the lower boundary of the trendline makes sense, with stop-losses placed immediately if the pattern breaks down. The key area to watch is Fibonacci retracement 0.5 at 3354, which acts as both dynamic and static support, as well as a strong Fibonacci level. This zone offers a reliable long-term buy opportunity. Another potential early buy entry sits around 3372, where the previous candle showed strong bullish momentum. Positions here can be taken with tighter stops placed just below the nearest support. This bullish scenario would only fail if price breaks below the lower trendline and closes firmly underneath it, which would confirm a reversal. Wishing you success with this setup. If you share the same outlook, leave your thoughts in the comments so we can exchange ideas.
OANDA:XAUUSDLong
by BrianLionCapital
2
Bitcoin – Long-Term View with Elliott Wave StructureBitcoin – Long-Term View with Elliott Wave Structure Hello traders, Let’s take a medium- to long-term look at BTC. The broader trend is clearly bullish, but for any uptrend to be sustainable, healthy corrections are necessary. At present, BTC is moving through a corrective phase, identified as wave 4 in the Elliott Wave structure. To gauge how far this correction may extend before wave 5 begins, we can apply Fibonacci Retracement. Two key levels stand out: 0.618 and 0.5. At 0.618, we see a strong support zone, but it may not yet be the decisive level for confirming the wave count. If BTC reacts positively here and rallies into wave 5, the Elliott structure remains clean and valid. At 0.5, the level aligns with an ideal Fibonacci retracement ratio and also shows up as an important structural support on the chart. A break below this could trigger deeper downside, as highlighted by the ascending trendline. Long-Term Trading Plan Entry 1: Around Fibonacci 0.618 at 105k Entry 2: Around Fibonacci 0.5 at 99k This outlook fits a medium-term plan, but if the second zone (99k) provides a strong reaction, it could also become the base for a longer-term bullish structure. Stay disciplined, monitor these levels closely, and trade with proper risk management. What’s your view on BTC’s long-term structure? Share your thoughts in the comments.
BINANCE:BTCUSDLong
by BrianLionCapital
2
Gold Scenario – Tracking the Medium-Term UptrendGold Scenario – Tracking the Medium-Term Uptrend Hello traders, Gold continues to follow the expected scenario. Price reacted at the Fibonacci 1.618 resistance, effectively completing the liquidity test. At present, the 3368 zone is a good area to look for buying opportunities. The previous Elliott cycle has already completed its ABC waves, and gold now appears to be forming a new Elliott structure. Currently, price is likely in wave 3 of the uptrend, reacting at the H4 descending trendline with a mild pullback, before completing wave 5 with a breakout move from the channel and confirming the flag pattern on H4. Strategy: Buy around 3368 with a strict stop-loss just below the previous swing low. Target: 3410 is a reasonable profit level. After that, expect wave 4 to form and look for short opportunities from there. The MACD remains supportive, trading above its average levels and confirming bullish momentum. At this stage, it’s all about timing entries correctly. This is my personal outlook on gold in the short to medium term. Use it as reference and don’t forget to share your views in the comments so we can learn from each other.
OANDA:XAUUSDLong
by BrianLionCapital
2
Bitcoin Trend Reversal – Elliott Wave in PlayBitcoin Trend Reversal – Elliott Wave in Play Hello traders, Today we look at a fresh scenario for BTC as price has broken decisively below a major support zone, showing clear short-side strength. This could mark the beginning of a medium-term downtrend, signalling a shift in market structure. The 112k level has been fully taken out after two strong rejections earlier, and now the market looks ready to seek lower levels, potentially targeting 97k–98k based on Fibonacci Extension. From an Elliott Wave perspective, BTC is currently in wave 3 of the down cycle, and has not yet reached the reaction point for wave 4. I expect the 105k zone to act as support for this leg down. From there, price could bounce into wave 4 before completing wave 5 lower towards 97k, or even 95k. This would provide a solid area to plan medium-term long entries afterwards. The MACD also supports the bearish view, with both volume and moving averages trending below, signalling strong downside momentum. I’ve marked the key price levels on the chart for clarity. Please use this scenario as reference and manage risk carefully with your trades. What’s your outlook for BTC here? Share your thoughts in the comments so we can discuss together.
BINANCE:BTCUSDShort
by BrianLionCapital
Gold – Weekly Opening Update Gold – Weekly Opening Update Hello traders, Gold is holding firm after last week’s strong rally. As mentioned in my earlier analysis, gold has completed an ABC Elliott Wave structure beautifully, with wave C pushing higher and meeting the original target perfectly. As the new week begins, the market has opened quietly, with price consolidating around 3368. At this stage, gold is in an accumulation phase, and traders are waiting for a clear confirmation before taking fresh positions. Gold has formed a minor resistance at 3359. If price breaks below this level, it could act as a short-term sell confirmation, with possible entries around 3366. On the other hand, if gold holds steady or breaks above last week’s resistance high, the bias will shift to long-term buying opportunities. Even if a sell plays out after breaking 3359, the next strong buy zone sits around 3345, aligned with the ascending trendline. Since price is still within the flag pattern, trading is expected to remain focused on the market’s major liquidity zones. On the D1 chart, the structure continues to favour the upside bias. Any selling setups should be kept to short scalping plays for better risk control and higher accuracy. This is my personal outlook for Monday’s session. Trade carefully and manage your account with discipline. What’s your view on gold to start the week? Share your thoughts in the comments so we can learn together
OANDA:XAUUSDLong
by BrianLionCapital
Gold – Medium-Term Buy StrategyGold – Medium-Term Buy Strategy Hello traders, Gold continues to move within wave B under Elliott Wave structure. I expect price to retest the trendline once more, with the strong support around 3325 — which already triggered a sharp bounce yesterday — likely to play a key role before wave C begins. According to Elliott theory, wave C is often the strongest, and in this case, it could extend towards the 339x region. This offers a swing buy opportunity with a reasonable target of 30–40 dollars. The MACD also supports this outlook, with volume holding above the average line and the MACD (green) remaining on top. Key Resistance: 3348–3352, must be broken to open the way towards 339x. Key Support: 3313, if broken, the scenario shifts and longer-term selling pressure could return. Buy Zone: Around 3327, with profit potential of 40–60 dollars. This is my personal outlook for gold this week. I hope it helps you align your trading plan. What do you think about gold’s direction here? Share your views in the comments below.
OANDA:XAUUSDLong
by BrianLionCapital
Bitcoin Update – Price Action Still on TrackBitcoin Update – Price Action Still on Track Yesterday’s scenario has played out accurately, with BTC continuing to respect the descending channel. Each time price touched the upper trendline, it quickly turned lower, and now it is reacting around the midline of the channel, near the 113,000 zone — exactly the level highlighted earlier as an area to watch. With this corrective move, I expect BTC could retest the 115,000 area before resuming its broader downtrend. The next downside target remains around 110,000, as larger timeframe structures usually require a corrective pullback before continuing the main trend — something Dow Theory traders will clearly recognise. Today also coincides with discussions on interest rate policy, which could bring higher volatility as investors take a more cautious stance across global financial markets. However, FOMC outcomes often have limited impact on Bitcoin, given its relative independence from traditional macroeconomic drivers compared to gold or forex markets. In the short term, traders may consider long opportunities near the 113,000 area with a tight stop just below the recent support, aiming for a corrective move towards 115,000 before the main downtrend resumes. Strong trading comes from patience and discipline. Stick with the defined scenario rather than reacting emotionally to intraday swings. Wishing you successful trades. What’s your view on Bitcoin’s price action here? Share your thoughts below. #BTCUSD #Bitcoin #CryptoAnalysis #TechnicalAnalysis #PriceAction #Trendline #CryptoTrading #SwingTrading
BINANCE:BTCUSDShort
by BrianLionCapital
APOLLOHOSP | Swing | Breakout APOLLO HOSPITAL – Elliott Wave Structure + Breakout Opportunity Ahead Apollo Hospitals is showing a textbook Elliott Wave formation, and we might just be at the beginning of a fresh impulsive rally. If you’re a swing trader or positional investor, this setup is worth keeping a close eye on. ⸻ 🧩 Elliott Wave Count Analysis • The stock is in a larger degree 5-wave move (marked in green). Within that 1-4 completed and wave 5 in progress. • Within that, we can also see a new 5-wave impulsive structure developing (in blue), and it seems like we just completed Wave (2) of this new leg. • This means — Wave (3) could be starting now, which is usually the strongest and fastest wave. ⸻ 📈 Trade Setup • Entry Zone: Around ₹7,165–₹7,215 • Stoploss: ₹6,677 (just below recent swing low and invalidation of the current wave count, Around 7-8% ) • Target 1: ₹7,925 (around 10%+ ) • Target 2: ₹8,710 (around 25%) • Extended Target (Wave 3 Fibonacci Extension): ₹9,167 The targets are based on Fibonacci extension levels from Wave (1) to Wave (2), which typically project the length of Wave (3). ⸻ 🔍 Supporting Technicals ✅ Trendline Support • Price has been respecting a long-term rising trendline since early 2022 — a strong sign of continued bullish momentum. ✅ RSI & Stochastics Turning Up • RSI is rising but not overbought — suggesting more room for upside. • Stochastic oscillator is also showing a bullish crossover, confirming early momentum for the next wave up. ⸻ ⚠️ Risk Management Note If price drops below ₹6,677 and breaks the trendline, that would invalidate this Elliott wave count. It’s wise to exit or reduce exposure in that case. This is key to avoid being caught in a deeper corrective phase. ⸻ 📝 Summary: Apollo Hospitals appears to be starting a fresh Wave (3) after completing a healthy correction. With a clean Elliott Wave structure, trendline support, and supportive indicators, the setup looks strong. Risk is clearly defined and the reward potential is high — a good case for a swing position. ⸻ 💬 Are you tracking this Wave 3 setup too? Let’s hear your thoughts in the comments below! Disclaimer: This analysis is shared for educational and informational purposes only. It is not investment advice or a recommendation. Please consult a SEBI-registered financial advisor before making any investment decisions. The author is not responsible for any losses arising from trading or investing based on this analysis.
NSE:APOLLOHOSPLong
by IMStockwala
ULTRACEMCO: Wave C started from strong Fib clusterULTRACEMCO – Daily Chart Analysis 🔹 Base Point: The count begins from the low made on 3rd March 2025. 🔹 From this low, the price moved up in the form of a clear impulse wave, completing a 5-wave structure. 🔹 This was followed by a corrective fall, retracing 61.8% Fibonacci of the prior impulse. ⚡ Correction Phase: The decline is counted as an ABC Flat correction (red). Within this, the C wave extended fully to the 100% Fibonacci projection. At this point, we observe a strong cluster zone formed by the 61.8% retracement and 100% extension, indicating confluence and potential support. 📈 Current Development: From this support, the price has begun to move up again, showing the characteristics of a fresh impulse. The overall structure fits into a larger Zig-Zag correction, where Wave C is still under development.⏳ 📝 Summary: ✅ Impulse up (5 waves) ✅ Flat correction (A-B-C) complete at Fib cluster 🚀 Wave C of Zig-Zag unfolding #ULTRACEMCO #NSEStocks #ElliottWave #Fibonacci #WaveAnalysis #TradingSetup #PriceAction
NSE:ULTRACEMCO
by theprofityogi
Bitcoin – Updated Trading ScenarioBitcoin – Updated Trading Scenario BTC followed the expected move by testing the 117,000 zone before turning lower, but it did not align with the anticipated ABC correction under Elliott Wave. At present, price is showing signs of slipping below the 114,700 support, suggesting that the corrective phase may not have ended at the previous wave 5 low. Based on Dow Theory, the ongoing decline could extend towards the 113,000 area before the market sees a stronger rebound. A descending channel has now formed, and price is reacting well to the upper trendlines, reflecting that short-side pressure remains dominant. In this context, prioritising short positions in line with the prevailing downtrend may improve the probability of success. The next major target lies near 110,000, where strong resistance clusters from higher timeframes converge. For short-term traders, it is possible to take advantage of pullbacks towards the channel trendlines to look for quick entries following the main direction. Risk management is key here, and traders should avoid rushing into longs while the corrective leg is still in play. A downtrend often lasts longer than expected, but once selling pressure fades, the recovery phase can be sharp. Patience and discipline are essential to capture the right opportunity rather than fighting against the flow. #BTCUSD #Bitcoin #CryptoAnalysis #TechnicalAnalysis #PriceAction #ElliottWave #MACD #CryptoTrading #ForexIndia
BINANCE:BTCUSDShort
by BrianLionCapital
Gold Outlook – Buying as the Main ThemeGold Outlook – Buying as the Main Theme Gold continues to move in line with previous analyses. Earlier today in the Asian session, the market saw a quick dip due to liquidity being cleared during the daily one-hour break. However, price quickly recovered, broke through the 3339 resistance, and confirmed that buying momentum has returned, strengthening the short-term bullish trend. Expectations for a new Elliott wave cycle are gradually taking shape. At this point, wave 3 is considered to have begun — typically the strongest phase with greater momentum and wider price swings. This supports the scenario of a medium-term bullish outlook. Price remains above the key EMA levels, confirming that the long-term trend is intact. The breakout above 3339 reinforces buyer strength and opens the way towards Fibonacci extension targets at 2.618 and 3.618. MACD also maintains positive momentum, while Elliott structure suggests that wave 3 still has room to extend further. As long as gold holds above the 3336–3338 zone, this remains a reasonable area to consider buying. A minor pullback around this level would offer an even better opportunity to join the trend, with a stop-loss of about 6 dollars to manage risk effectively. When price approaches Fibonacci extension targets, traders may consider partial profit-taking or look for short-term selling opportunities. This approach will be suitable given how far wave 3 has already extended. It is important to monitor price reactions around the extension zones. Higher timeframes such as H1–H4 should be prioritised to capture the broader structure and avoid market noise. A strong trend never moves in a straight line; it always comes with pauses and retracements. Staying patient and riding with the main trend is often the best way to maximise profits in the medium term. #XAUUSD #Gold #TechnicalAnalysis #PriceAction #Fibonacci #ElliottWave #MACD #Forex #IndiaTrading
OANDA:XAUUSDLong
by BrianLionCapital
GBP/USD: Post-Impulse Sell Setup from Ending DiagonalThe chart depicts a completed 5-wave impulsive structure, culminating at the top of wave (5). The internal wave structure of the final fifth wave forms a classic ending diagonal pattern, typically signaling a trend reversal or deep correction. After this extended fifth wave, the price has started rolling over, confirming the start of a corrective decline. The wave count now expects an ABC correction targeting the previous wave 4/2 demand zone, highlighted in red. Target 1 (T1): 1.33608 Target 2 (T2): 1.32436 Stop Loss (SL): 1.35988 Ending diagonal at the top of wave (5) signals exhaustion of bullish momentum. Clear bearish divergence (not shown here) is commonly seen with this pattern. The price has broken the short-term structure and is now forming lower highs. Target zone aligns with previous wave 2 consolidation – a typical retracement zone for post-impulse corrections.
by Money_Dictators
Varun Beverages Ltd (VBL)VBL in monthly chart completed wave 3rd and corrective 4th wave's min target 432 too done on down side. 38% 432 50% 357 Expecting it to start the 5th wave up for 700++ target VBL : Varun Beverages Limited is an Indian multinational company that manufactures, bottles and distributes beverages. It is one of the largest bottling company of PepsiCo's beverages in the world outside the United States. The Company manufactures, distributes and sells a wide range of carbonated soft drinks (CSDs), as well as a large selection of non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo. Disclaimer : I AM NOT SEBI REGISTERED . NO BUYING / SELLING RECOMMENDATION. VIEWS ARE JUST FOR STUDY PURPOSE and learning Elliott wave Analysis.
NSE:VBLLong
by MDstockmagic
VIPIND: Unlocking Potential After Downtrend VIP Industries has demonstrated robust bullish momentum over the past few trading sessions, signaling a notable shift in market sentiment. This upward trajectory is particularly significant given the stock's prolonged downtrend since October 2024. From an Elliott Wave perspective, the recent price action suggests the potential completion of a corrective phase. The retracement from what appears to be Wave 1 to Wave 2 aligns closely with the 61.8% Fibonacci retracement level, which often precedes the initiation of a strong Wave 3 impulse. This potential wave structure, if confirmed, could indicate further upside potential. A key development supporting this bullish outlook is the stock's recent decisive close above its 200-day EMA, accompanied by a significant surge in trading volume. This confluence of price action and volume confirms strong buying interest and suggests a potential long-term trend reversal. The increased volume further validates the strength of the breakout, indicating broader market participation. While the immediate outlook appears constructive, traders should be mindful of potential profit-taking around the ₹446 level. This area may present a temporary resistance zone where some short-term corrections or consolidation could occur. However, should the stock successfully navigate this level, the next significant upside resistance target to monitor is ₹492 . This level aligns with prior price highs and could represent a more substantial challenge for further upward movement. For risk management purposes, a prudent approach would involve considering a stop-loss order positioned below the identified support zone, as depicted on the chart. This strategy aims to mitigate potential downside risk in the event of an unexpected reversal in market sentiment. Disclaimer: The information provided in this technical analysis is for informational and educational purposes only and should not be construed as financial advice. It is based on observations from the provided chart and commonly used technical indicators. Market conditions can change rapidly, and past performance is not indicative of future results. Always conduct your own comprehensive due diligence and consult with a qualified financial advisor before making any investment decisions.
NSE:VIPINDLong
by NiftyNotion
3
Sun Pharma: A Bullish OutlookHello Friends, Welcome to RK_Chaarts, Let's analyze the Sun Pharmaceuticals chart using technical analysis, specifically the Elliott Wave Theory. According to this theory, the September 2024 top marked the end of Wave III cycle degree in red, and the March 2025 bottom marked the end of Wave IV cycle degree in red Now, Wave V of cycle degree in red has begun, which will move upward. Within Wave V, we should have five sub-divisions of Primary degree in black, with Wave ((1)) & Wave ((2)) already completed. Wave ((3)) has started, with five further sub-divisions of one lower degree intermediate degree, We've marked these in blue, with Wave (1) and Wave (2) completed, and Wave (3) started. Within Wave (3), we have minor degree waves in red, with Wave 1 and Wave 2 completed, and Wave 3 breaking out today with good intensity of volumes. We can see that the wave counts are super bullish, and so is the RSI, which is above 60. The MACD is also positive, and the price is above the 50-day and 200-day EMAs on the daily and weekly time frames. There's no moving average hurdle, which is another super bullish sign. We can also see a higher high and higher low formation, which is a bullish sign according to Dow Theory. Additionally, an inverted head and shoulders pattern is forming, with the right shoulder being made. When it breaks out above the neckline, it will give us a target, which aligns with the Elliott Wave Target projection. All these indicators – technical analysis, price action, and Elliott Wave – point to a bullish trend. However, there's an invalidation level at 1550; if the price falls below this level, our wave counts will be invalidated. We're projecting targets between 2000-2200 based on Elliott Wave theory projections. Please note that this analysis is for educational purposes only and should not be considered as investment advice. This post is shared purely for educational purpose & it’s Not a trading advice. 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_Chaarts 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_Chaarts 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.
NSE:SUNPHARMALong
by RK_Chaarts
Best Possible Elliott Wave Counts: ETHUSDHello friends, Welcome RK_Chaarts. Today we're attempting to analyze Ethereum's chart from an Elliott Wave perspective. Looking at the monthly timeframe chart, we can see that from the beginning, around 2015-2016, when data is available, to the top in 2021 we have a Super Cycle degree Wave (I) marked in blue, which has completed. Next, June 2022 we have a bottom around $874, marking the end of Super Cycle Wave (II) in blue. We are now unfolding Wave (III), which should have five sub-divisions. Within this, the red Cycle degree Wave I and Wave II have completed, and we have possibly started the third of third wave. Monthly: Moving to a lower timeframe (Weekly) where we observed the completion of blue Wave (II) and the start of Wave (III), we notice that within this, the red Cycle degree Wave I and Wave II have completed, and we've possibly started Wave III of cycle degree marked in Red. Furthermore, friends, within this third wave, we've marked the black Primary degree Waves ((1)) and ((2)), which we've labeled as Rounded ((1)) and Rounded ((2)). We're assuming these are complete, and Wave ((3)) has started, which is our current working hypothesis. Weekly: Now, if we move to a lower timeframe, such as the daily chart, we can see that the Cycle degree Wave II, which ended at 1385.70, has been followed by a Primary degree black Wave ((1)) in Black & Wave ((2)) has pulled back, completing Waves ((1)) and ((2)), and now Primary degree Wave ((3)) has started. Possible wave counts on Daily Within Wave ((3)), we expect five Intermediate degree waves. We've marked the first Intermediate degree Wave (1) in blue, which is currently unfolding. If we move to an even lower timeframe, such as the 4-hour chart, we can see that within the Intermediate degree blue Wave (1), there are five Minor degree sub-divisions marked in red. Waves 1 and 2 are complete, and Wave 3 is nearing completion. Possible wave counts on 4 Hours: Once Wave 3 is complete, we expect Waves 4 and 5 to follow, completing the Intermediate degree blue Wave (1). After that, we may see a dip in the form of Wave (2), followed by a continuation of the bullish trend as blue Wave (3). Possible wave counts on 60 Min: Friends, based on our multi-timeframe analysis, the overall wave structure appears bullish. We've provided snapshots of each timeframe, and you can see the nearest invalidation level marked with a red line. In this study, we're using Elliott Wave theory and structure, which involves multiple possibilities. The scenario we're presenting seems plausible because it's aligned across multiple timeframes and adheres to Elliott Wave principles. However, please remember that this analysis can be wrong, and you should consult with a financial advisor before making any investment decisions. This post is shared purely for educational purposes, to illustrate possible Elliott Waves. 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/u/RK_Chaarts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts 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_Chaarts 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.
BITSTAMP:ETHUSDLong
by RK_Chaarts
13
Hidden in Plain Sight – This PIDILITE Setup Screams Opportunity!📊 PIDILITE – Post 5-Wave Fall, ABC Recovery In Progress Golden Fib confluence + strong structure = high-confidence swing setup Wave structure aligns with ideal retracements; Wave C potential unfolding with swing targets ahead. 🧩 Elliott Wave Breakdown: Complete 5-wave decline from swing highs → Wave 5 bottom confirmed Wave A completed at extended fib zone (113%–127% of wave a) Wave B retraced to Golden Zone: 50%–78.6% of Wave A Wave C now progressing toward swing target zone 🔍 Technical Confluences: Wave A Completion: ₹3130–₹3180 (113–127% extension) Wave B Golden Zone: ₹2735–₹2921 Strong bullish rejection and follow-through from Wave B lows CHoCH break confirms trend reversal from Wave 5 low 🎯 Target Zone for Wave C: Primary Swing Target: ₹3433–₹3491 FNO Upside Level: ₹3298 🛑 Stop-Loss Levels: Intraday SL: Hourly close below ₹2921.80 Positional SL: Day close below ₹2735.60 📈 Setup Summary: Clear ABC corrective recovery in play Ideal Fib alignment at both Wave A and B Structure favors low-risk, high-reward long opportunity Entry near ₹3070–3080 offers excellent positioning A technically sound swing setup with defined structure and reward zones – great candidate for Wave C riders. #Pidilite #ElliottWave #SwingSetup #WaveTheory #Nifty200 #TradingViewIndia
NSE:PIDILITINDLong
by LiveTradingBox
DLF: Elliott Wave AnalysisWe will soon get an excellent buying opportunity in DLF. As we can see, I have marked DLF using Elliott Wave theory and Fibonacci. You can see that, after forming wave (1), the market falls to form wave (2). In wave (2), we can see Flat Correction marked with ABC counting. Price then moved fast, indicating a clear impulse to form wave (3). Currently, we are in wave (4) in DLF. As per the rule, we can expect wave (4) to terminate between 23.6% and 38.2% This is the most probable zone where we can expect a new impulse, i.e., wave (5), to start. One has to wait for the market to fall in this Buying zone to get a good buying opportunity. This analysis is based on Elliott Wave theory and Fibonacci. This analysis is for educational purposes only. This is not a buying recommendation.
NSE:DLF
by theprofityogi
4
TATA CONSUMER — The Calm Before Wave 5TATA Consumer has completed a textbook corrective structure from its recent high of 1180.50. The entire correction unfolded as an ABC zigzag, neatly contained within a falling channel. Within wave C of this zigzag, price action formed an ending diagonal, with wave 4 overlapping wave 1—confirming the diagonal structure and marking the completion of higher-degree wave 4 at 1059. This 1059 level also becomes the key invalidation point for the current bullish outlook. Following this, price broke out impulsively to 1150, forming what appears to be wave 1 of the next leg higher—wave 5. The current pullback is likely wave 2 of 5, and as per Elliott Wave rules, it must remain above 1059 to keep this count valid. Wave 5 targets are projected using a 100% extension of wave 1 from the end of wave 4, which gives a potential upside zone around 1250.90. This forms the ideal target range if the wave count unfolds as expected. The targets could as well extend to 1.618x of wave 1. From a higher-degree perspective, since wave 4 overlaps with wave 1 (at 1075), the entire advance is best seen as a leading diagonal. This pattern often appears as the first wave of a new impulse, reinforcing the view that one more leg higher is likely to complete wave 5 and mark the end of wave 1 or A of a larger degree. RSI had peaked near 70 during subwave 1 of 5 and has now cooled to the 40s, which aligns well with a wave 2 retracement. Earlier, RSI had dipped closer to oversold levels at the Wave 4 low, adding further support to the case for a completed correction. Conclusion: We are in prime low-risk, high-reward territory. Setup is textbook Elliott bullish continuation — tight invalidation and defined structure. Disclaimer: This analysis is for educational purposes only and not investment advice. Always do your own research before making trading decisions.
NSE:TATACONSUMLong
by WaveXplorer
ONGC: A Triangle, a Setup, and a Launchpad for Wave 5Following the completion of Wave 3 — an impulsive rally from the 205 low — ONGC entered what looks like a classic Wave 4 triangle. The internal structure — labeled A through E — unfolded in a controlled, converging fashion, respecting the triangle boundaries. Wave E recently ended near 241.54, right on top of the 100-day simple moving average, which has acted as dynamic support. Interestingly, we saw strong volume come in during the rally into Wave D, indicating buying interest. This was followed by a period of low volume and sideways drift during Wave E, which fits the expected behavior for the final leg of a triangle. RSI also cooled off during this period, resetting from overbought levels, and currently hovers just below the 50 mark. The invalidation for this triangle setup is placed below the Wave C low, around 235.5. A decisive break below this level would nullify the triangle structure and open the door for a deeper, more complex correction. But as long as price respects this zone and begins to push upward with volume, the case for a Wave 5 rally remains strong. Fibonacci projections place the 100% extension of Wave 1 through 3 near 263.75 and the 1.618 extension near 277.50 — a likely zone for Wave 5 termination. If ONGC can break above the D-wave high with momentum, it may very well be headed toward those levels in the coming weeks.
NSE:ONGCLong
by WaveXplorer