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Elliotwaveanalysis

PGHL (Procter & Gamble Health Ltd) || Elliott Wave Analysis |PGHL Monthly Chart Analysis ------------------------------------- 1) PGHL is trading at the approx 29 % discount value from the all-time high. 2)Since the last three months, it has been consolidating in the range (Marked in the Red Box). 3) Upside Range break out is an entry trigger. 4) Daily Close below 5100 is Stop Loss. 5) Fibonacci Projection of .618 of Wave 3(i.e point 2 to point 3) from our assumption of Wave 4 low(touching the lower trendline), gives a target for Wave 5 as 8038 6) Favourable Risk to Reward approx.(1:10). 4% stop loss, 48 percent target ------------------------------------- Please note that Daily volume is not very high in this Stock, so it is a very volatile stock. * I am not a registered analyst.
NSE:PGHLLong
by MagicianBull
GICREFew reasons to focus on this stock: It has recently touched and took support at the 0.618 Retracement level of entire 0-3 Wave. It is at monthly trendline support.This is a very strong support It is backed by Dis-investment theory. Any strong reversal can make this stock fly Previously I have done mistake by taking buy decision at an intermediate support. I have learned an corrected this time. Hope it gives a proper and promising reversal from the mentioned zone. CHART & ANALYSIS ADARSH DEY
NSE:GICRELong
by AdarshDey
3
Deepak Fertilizer Wave 5 Projections and Cup patternFertilizer stocks on the move. Consolidation happened in Deepak Fertilizer in wave 4 is expanding flat correction which ended at 0.236 fibonacci retracement . Long near 420 with strict SL 380 for 600-640 and if got lucky then extended wave 5 targets of 800 possible. Channel Breakout will give extended 800 target confirmation. DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. Not recommended to take FnO positions based on this analysis I may or may not trade this analysis. Details in description. -------(((((LIKE)))))-------
NSE:DEEPAKFERTLong
by Niftydirection
ESAB INDIA Channel Breakout AttemptESAB INDIA is forming flag volume has picked up in recent days. The Company stands 3rd position in terms of market cap in Electrode Manufacturing Industries. Entry near 2200 with SL 2083 for target 2550 and extended 5th wave target of 3040 aas wave 3 wasn't able to break channel. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:ESABINDIALong
by Niftydirection
Nifty wave 5 Impulse count towards 17860All details on chart wait for Confirmation entry and then long with proper stop loss as per your risk capacity DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. Not recommended to take FnO positions based on this analysis I may or may not trade this analysis. Details in description. -------(((((Please LIKE or Comment)))))-------
NSE:NIFTYLong
by Niftydirection
4
Banknifty Wave 3 towards 37200Refer Previous banknifty analysis below. Banknifty today started wave 3 which clearly visible with bullish candlea getting formed tomorrow gap up most likely to happen. Internal iii of 3 looks to retraced 0.382 fibonacci which is irregular correction on 5 min chart. Internal Wave iii of 3 reached 1.618 fibonacci level which was day high. So now wave v of 3 likely to go 100% or more of i+iii Wave 3 most of the time 45% goes 1.618 fibonacci extension level which is at 37200. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:BANKNIFTYLong
by Niftydirection
1
Banknifty to attempt All Time high in wave v of 5If you ask why Wave 4 (in blue) is deep almost touching Wave 1 then that's based on Elliott wave Alteration Guideline. Wave 2 was flat so wave 4 will be zig zag and went deep. Rest all stuff explained on chart. DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. Not recommended to take FnO positions based on this analysis I may or may not trade this analysis. Details in description. -------(((((Please LIKE or Comment)))))-------
NSE:BANKNIFTYLong
by Niftydirection
3
Will Crude Oil Hit 5400 Next Weekend?Crude oil has started moving forward since May. It will not stop here. It's just a WXY correction. According to Elliott's wave theory, it has completed the sub-wave under the 4th wave. It's consolidation time. Crude oil prices may fluctuate between the range of 4000 - 5400 . Hence, long-term investors can keep buying crude oil. So, what about short-term investors and intraday traders? If you look into 4 hours chart, it seems bullish from here. Crude oil is trying to break the resistance trendline. Whenever that the resistance trendline break, then we may see the prices at 5300 - 5400+ . Kindly note, if crude oil remains below to resistance trendline, then do not buy. What happens if it does not break the resistance trendline? I will update my next MCX crude oil report.
MCX:CRUDEOIL1!Long
by freestocktips
3
Tatamotors Flag and Wave 3 start Good Risk Reward ratioTatamotors Came Up from recent low with heavy volume. Retracement happened near 0.382 fibonacci levels 281 Looking Good for start of Wave 3 towards 315 as 1.618 fibonacci extension DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:TATAMOTORSLong
by Niftydirection
NIFTY METAL INDEX time and price analysis.Nifty metal Index now at 5770 Time Cycle 1 , Based on Fibonacci extension,, Price wise the extension of 1.618% of last down swing have now extended to maturity levels,, ended this week,, Price wise the extension of 1.618% of last down swing is around 5971 levels,, still 2 to 3% move is pending.. So price and time squaring around the same point in trend,, when ever such scenario happens ,, trend change can be seen. Time cycle 2 :- weekly time cycle of 188 bars Calculating from last 2 swing peaks,, index is making peaks after interval of 188 trading weekly bars,, Now this time 188 trading weekly bars mature in second week of august month,, which indicate a peak for this up trend if we go as per past history.. Bearish divergence,, Price is making higher high, where as RSI and MACD Indicators are not able to make fresh high and are infact making lower high,, giving bearish divergence,, RSI have given breakdown from rising channel formation and is continuously trading below the breakdown levels,, MACD have also given bearish cross over from the peak and still is not able to regain it positive stance with the recent upmove,, Elliot wave :- Index is in impulse wave 5 of impulse phase,, which is considered as euphoric wave,, so if corrective phase ufolds going further ,, than good retracement of the current upmove can be seen it's time to be cautious in metal sector,,, Trend change possible soon...
NSE:CNXMETAL
by RUDRA007
25
Nifty wave C about to startNifty wave A is 3 wave structure completed near 16376. Wave B was zig zag correction moving more thann 0.618 fibonacci level of wave A. Considering 16592 as top Wave C is expected to end in zones 16275 (100% of Wave A) to 16153 (138.2% of Wave A) DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:NIFTYShort
by Niftydirection
3