Infy has completed Wave A & B now Wave C down has started Wave 1 of C can end around 1455 for a small bounce in Wave 2 but eventually we should reach 1160-1050 levels to complete bigger Bearish Sequence.
Kotak Bank has completed Wave (B) now wave (C) can take us around 1480 Levels.
Elliott wave Unbroken rules of impulsive waves It would help you to check whether Any index or stock are in impulsive move or in correction phase. Simple but the basic rules. Simple method will improve your view towards market. Watch and learn.
Short can be initiated subwave C of for major wave 2 for cycle started from covid low.
RITES LOOKING GOOD FOR LONG, entry- 365 OR CURRENT PRICE. stopped- 363.5 target 1- 408 (1:29 R:R) target 2- 432 (1:46 R:R) GOOD TRADE WITH EXTRA ORDINARY RISK REWARD.
This one stock is roaring bullishly in this bearish market, the stock has been rallying since the last three sessions and there seems to be no stopping in near time. After yesterday’s 4% rally, the stock again surged 4% in the early trade, as its demand is not seeing any signs of suppression. Finally, today it has given breakout with good intensity of volumes on...
Nifty-50 appears to be completed a wave B of one higher degree and the setup is ripe for unfolding wave c down. Confirmation to come on breach of the rising trend channel currently placed around 18000. Disclaimer: The view is based on EWP and is not a trading call. This is shared for people who want to learn Elliott wave & Technical Analysis.
Eichermot can go long wave 4 seems to be completed, as wave c looks diagonal and breakout has happened, can retest but high possibility of going long.
Wave 5 seems to be completed can expect wave A downward can give about 6.3% , SL is necessary which can be kept 1.17% above.
Skipper ltd, this stock is looking in good momentum on daily, weekly, and on monthly too, along with cup and handle chart pattern breakout along with good intensity of volumes too, also wave structure is suggesting bullish bias at the same time, one can go long at current levels and can add more in dips (if any), overall, its looking good candidate for longs....
jindal steel going to give good buy at 394, wait to enter. targets and stoploss can be seen in chart can be seen in chart. (all analysis based on elliot wave theory)
NSE:VEDL breaking out of Cup & Handle Pattern. Shall be heading to New highs.
NSE:TATASTEEL has formed good base. Once breaks above 109 Can give good Bullish momentum. Expecting a Rally.
Apollo tyres, is looking currently in good momentum upside, it has broken resistance trendline along with good intensity of volumes along with challenging upper Bollinger band, also trend indicator macd is supporting same trend right now. As per Elliott wave projection it shows possibly we are in wave 3rd of wave 5th on daily time frame, which is a cautious sign...
Here is my wave analysis on Bank Nifty at daily time frame, BN is about to complete it's 5 wave move to the upside, ending diagonal triangle formed at 5th wave is a sign of reversal. Time to be cautious.
BEL looks bearish for short time if broken below the line good to sell can go till 94.
SANSERA ENGINEERING - Go Long with 730 DCB, Target 840-860-880 ElliotWave
As seen in above chart NSE:COFORGE Looks in Bearish movement if continued the same move then in Wave5 can go till 2931 fibo ratio 0.5 and next till 0.618. & If it breaks the above invalid level (4036). then it can go up till 4632 in ABC Correction wave.