DOGEUSDTSeems like we can expect 5 moves up now. Even if it is a wave C, we can still expect 100% target.
Elliotwaveanalysis
BTCUSDT(5TH WAVE ON THE MOVE)As shown, we might have completed the correction (WXY in which Y is a triangle) and wave 5 is on the move. The confirmation level is B of the triangle(@31506.48). Let me know what you think of this.
RAMCO cement good long candidateRamco cement spot cmp 1100
Price action indicate counter is on verge to give breakout from it last 4 months consolidation,,
Elliot wave indicate counter is in impulse wave 3 of minor and major wave,,
good upmove can be seen on breakout
Good long candidate
INDUSIND BANK good long candidateIndusind bank spot cmp 1040
Cup and handle pattern breakout possible
and elliot wave counts indicate final wave of impulse phase on verge to unfold,,,
Good long candidate...
IBULHSGFIN wave 5Stop loss and target mentioned in the chart.
Elliot wave analysis.
Only for educational purpose. All levels in spot.
Nifty Zig Zag Correction possible X wave towards 15800Nifty formed today falling wedge pattern after few hours opening. This is also called ending diagonal appearing in wave 5 or C wave.
Wedge broken channel price was thrown under channel made low 15637.
Entire ABC move from 15916 completed near 15637.
Wedge had confirmed upside with 15688 breakout point.
Today it completed A wave of correction going up to 15710 then B was down to 15665
Currently C wave started expected to go towards 15808 or 0.618 Fibonacci retracement of move 15916-15637.
Move above 15770 to 15808 is expected to make price Throw Over channel.
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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Nifty good long candidateNifty spot cmp 15680
Elliot wave counts of this last swing from 14200 to 15900,,
last impulse wave of impulse phase is pending,,
good upmove coming if manage to sustain above last swing low,,
Good conditional long trade,, the move will be violent as the consolidation is longer,,
Nam India Good long candidateNam India Elliot wave study ,, both minor and major cycle indicate good upmove can be seen in the counter,, price action also indicate most awaited breakout can be seen soon in this counter,,
Good long candidate..
Escorts good long candidateEscort elliot wave study and price action study,, counter is on verge to complete its 4th corrective wave of impulse phase and giving breakout from symmetrical triangle pattern formaiton,,
Good long candidate
Bank nifty good long candidateBank nifty .. Elliot wave counts and Equivalent ABCD harmonic formation,, all information mentioned on chart,,
Good long candidate
Hindustan Unilever Limited - EWAThis stock has broken out from complex corrective pattern and has completed 1st , 2nd and 3rd Wave on daily chart. This can further be confirmed by looking at hourly charts. Look out for complex correction in Wave 4 before 5th Wave breakout.
Happy Trading.
Tata Motors Gearing Up for Impulse Wave 5 Tata Motors after Mar 2020 low 63 moved up by making wave 1 as leading diagonal
Next sub impulse wave (1) and (3) were normal waves without extension.
So (5) was explosive up raising 300% or wave (1)+(3) at 357.
After 357 high it retraced very small portion 0.232 Fibonacci level or 23% which is common in case of wave extended wave.
It appears to be making cup and handle pattern which could reach well towards 0.618 Fibonacci zones.
This rise from 280-360 is also observed to be leading diagonal
Minimum target of Wave 5 will be 0.618 of wave 1+3 combined which is 460
Long near 325-310 zone, with Stop loss 380, target 1 460, target 2 570
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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Lauruslabs long signalNSE:LAURUSLABS Lauruslab all time high..in daily timeframe and as per elliote wave projection in 15 min today it had 2nd wave that correction and ay tomorrow it start 3rd impulse wave which ll go upto 720-23 ...hope for good...
caution: its only for education purpose tarde with ur own risk.
Nifty zig zag 4th Wave correction on the wayWave C is expected either be a ending diagonal or zig zag going down in the channel as shown.
Once this move is done near 15580-50 levels another big move UP will take place.
Target 1 level as you can see 0.618 Fibonacci retracement near 15580 or 1.382 fib extension of Wave A.
Target 2 level is 1555 is 1.618 Fibonacci extension of Wave A
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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#banknifty analysis for 31th May'2021 #banknifty analysis for 31th May'2021
Decision Line:- 35,142
Resistance:- 35,524 / 35,960 / 36,326
Support Zone :- 34,751 / 34,410 / 34,142 / 33,850
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
INDIGO: Bullish Triangle BreakoutAfter a long consolidation for almost 6 months , finally the stock has given a breakout of the triangular structure. Assuming wave (e) completed around 1655 , Indigo is ready to give an upthrust out of the bullish triangular wave.
One should buy the stock on cmp and add on dips (if any), maintain the SL of 1655 which is the area of wave(e) and look for the target of 1880/1960/2020
#banknifty analysis for 28th May'2021 #banknifty analysis for 28th May'2021
Decision Zone:- 34,860 - 35,006
Resistance:- 35,200 / 35,550 / 35,960 / 36,350
Support Zone :- 34,751 / 34,410 / 34,142 / 33,850
Rising Wedge is not a good sign, book profit at higher levels.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
#Escorts Great Investment Escorts appears to be a sensible purchase as a larger wave 1 & 2 has completed, indicating that there will be a substantial rally in the uptrend, leading to a goal of 2415.55 if it breaks all of the targets listed below.
The targets for a strong positional investment during the next 200 days are shown below.
1st Target - 1486.20
2nd Target - 2054.70
#bullish on PSU Bank SegmentSince the NiftyPSU is on an uptrend, looking at the waves indicates that it will be a smart buying as wave 5 has just begun.
Below are expected resistance levels
1st Resistance level at 2497
2nd Resistance level at 2667
3rd Resistance level at 2741 (Breakout level)
It can provide a target of 3067.
Nifty Redraw Elliot Wave Count and New High ProjectionFollow Blue count Wave (1) Leading was made when recovering from Mar 2020 low we are currently in wave (3) which is extended and still in progress.
Follow Orange count Five moves started in Oct-Nov 2020 which triggered massive rally wave (iii) extended nearly 261.8% of wave (i).
It came to end at ATH 15432 then this whole (i) to (v) wave sequence got corrected in the form of triple three retracing bit more than 23.6% at 14151.
Follow Pink count here wave 3 extended more than 200% and looks to have finished. So 4th was complex correction in the form of triple three.
The target for 5th wave in pink would be 16400 (38.2%) or 17789 (61.8%) of wave 1. This needs breakout confirmation 15432.
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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Is this a Bull Trap?As Nifty completes its 5 Waves, Wave A and currently completing wave B Followed by C which is expected down side for a approx target of 13882.
