Dhampur Sugar wave 5 in progressStock looks to hgave broken out of consolidation 4th wave and started 5th wave
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.
Elliotwaveanalysis
Hero MotoCorp 2x-3x potential in long termStock is in wave 2 zig zag correction and dropping towards 0.618 Fibonacci.
Good to add in range 2500-2200 with Stop Loss 1980 for long term for 2x-3x returns
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
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INDIAN ENERGY EXCHANGE ( IEX )IEX has given Breakout from (0) and (B) trendline with good intensity of volume in daily time frame, Wave structure is also suggesting impulse move ahead, Now wave 4 has seen a long consolidation and we may be ready for wave 5, as wave 5 unfolds we may go towards 350 and 380 plus areas, All other indicators like macd, rsi, dmi adx, bollinger band, and stochastic are also suggesting positive trend ahead, One can go long at current levels or in dips (if any) with mentioned stop loss for mentioned targets on chart.
Wave structure could be like this
Breakout with good intensity of volume
key levels are mentioned on chart along with stop loss and targets
Volume decreased in corrective phase
MACD in weekly running in positive and now uptick that too above zero line
MACD in daily positive crossover and now uptick that too above zero line
rsi uptick and above 60 and 70 in daily time frame
upper bollinger challenged in daily time frame
dmi adx positive ungali setup in daily
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
I am not responsible for your profits and losses
AUROPHARMAThis stock has given good breakout of double resistance trendlines along with good intensity of volumes, all other indicators are also suggesting for upside, one can go long at current levels or in dips (if any) with mentioned stop loss and targets on chart.
wave structure could be like this
key levels are mentioned on chart
breakout with good intensity of volume
chart pattern inverted head and shoulder neckline breakout
macd in weekly positive crossover and uptick
macd in daily positive and uptick
macd in hourly positive and uptick above zeroline
rsi in daily uptick and b/o
rsi in hourly above 60s and 70s
adx dmi in hourly
upper bollinger challenged in hourly
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
I am not responsible for your profits and losses
NIFTY-ELLIOT WAVE PerspectiveIf we consider the last up move to be 1 then we are in an impulsive move upward.
We have completed 1 and going for 2 out of which it looks a has been completed and will go for b upward.
Then a sharp reversal towards 17050 which is at 61.8% level of wave 1.
***Note: wave 2 can retrace up to 99% of wave 1 and below 100% the recount will take place.
This analysis will be invalidated below 16782 level which is recent lowest low.
This is not a buy sell recommendation.
For update on my chart see the status.
Regards
BankNifty Elliott Wave Count isn't Impulsive and its compelling!NSE:BANKNIFTY
Bank Nifty Corrective Elliott wave count
Sharing my Elliot wave analysis on Bank Nifty from the start of March 2020 (corona crash). And it seems the bull party is over! We may stay in bear mode for sometime now.
Let me know your views in the comment section regarding the wave count or otherwise. Lets try to mutually improve.
If you like the effort and analysis consider cheering and liking the idea.
Cheers!
Elgi Equipments Extensions in 5th waveAll details on the chart if you get any pullback towards 250-40 zones add with nearly 15% stop loss for 25-28% target 1. Mostly it will hit target 2 as wave 3 was not extended. Also channel on wave 3-4 broken so it would be bullish.
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.
Nifty 50 Neowave ForecastNSE:NIFTY
Hi Traders
Today we are going to discuss Nifty 50 Index. So lets see whats been happening here.
After Making an high of 18600 we are falling. We made a low of 17600 which i called (A) point and after that we rise and make a (B) Point. So as you all you can see this three wave corrective structure higher possiblity going towards 17400.
Now longer term trend is still up. So Below around 17000 there is an support trend line. Higher possiblity of returning from there.
So its all depend on how much (C) point will fall.
So this is the best possible scenerio.
Thank You
Wave Forecast
PGHL (Procter & Gamble Health Ltd) || Elliott Wave Analysis |PGHL Monthly Chart Analysis
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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
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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.
NIFTY WEEKLY ELLIOT WAVE5 wave is about to complete just need confirmation
Which will also indicate complete of Wave 1 in monthly timeframe
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
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.
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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
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