Elliotwaveanalysis
Nifty z of Z wave starting. Details as per added on chart waiting for day high 17724 to be taken out.
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.
BANKNIFTY-2 POSSIBILITYBanknifty has 2 possibility as mentioned in the chart.
We are in an impulsive down move A where the stop would be at 37185 and will move for B that is shown clearly.
In Other possibility we are in corrective ABC where a and b has been done and we are doing c wave.
Please trade as per your analysis.
Regards
IDBI Bank Leading Diagonal Wave 5 Going for 70IDBI making leading diagonal pattern after recovery from 40 odd lows.
Expecting it to move towards 70 in wave V of leading diagonal.
Stop loss as mentioned on the 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.
Disclosures: I am holding this share currently.
VOLTASVoltas, this stock has been consolidated in a parallel channel since October 2021, and now very first time it has closed just out of that same channel's top on daily time frame,
Also it has been closed above 20DMA from last 15 days and sustaining on same.
As per elliot wave structure we can assume that from the low of 8th March fresh impulse wave 1 started and on the 17th March wave 2 was started and completed on 28th March, So now possibly wave 3 is in unfolding phase.
RK's Magic indicator is also showing cloud impulse buy on daily chart, along with macd turned positive crossover on weekly chart.
Overall it looks good candidate to go long, at current levels or in dips ( if any ).
on the way up side 1457 is the level where wave 1 and wave 3 would be equal, and on the way down RK's stoploss line which is pegged at 1244, can be a good support level to watch out for in forth coming days.
Wave structure on daily also all key levels are mentioned on chart
macd positive crossover on weekly
macd positive on daily
rsi breakout and uptick on daily
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...!
Disclaimer.
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.
NIFTY 50 TECHNICAL ANALYSIS ( ELLIOT WAVE )Nifty has finished the 5 wave motive structure
now it's time for corrective wave
corrective wave has started
hence expecting a bearing movement tomorrow
#elliottwave #bse #indianstockmarket #nifty #niftyanalysis #indianstockmarket #nifty #niftyanalysis #nse #banknifty #bankniftyanalysis #chartanalysis #chartpatterns #elliotwaves #tamil #english #banknifty #bankniftytomorrow #bankniftyprediction #bankniftytradingstrategies #bankniftyoption #bankniftylive #niftytomorrow #niftyprediction #niftytoday #niftypredictionfortomorrow
NIFTY SPOT CHART ELLIOT WAVE COUNTSNIFTY spot chart is showing good impulsive moves, This week's price actions are adding good confidence to the view that a new upward trend has started now.
We should continue higher as long as support near 17003 holds it can head towards 18170 next, and break above 18170 can move towards more north direction like 18761 and more,
Wave counts are suggesting same and gaining confidence along with MACD supporting as same, also RK's Magic indicator is also suggesting to go long,
One more thing is markable that price is closed above 20Week average for the first time since January.
On the way down major support is pegged at 17003 which is recent weekly swing low. Overall looking bullish.
Overall wave structure on weekly chart
current scenario on daily chart
macd positive crossover in weekly chart
macd positive in daily chart
price is closed above 20Week average for the first time since January
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...!
Disclaimer.
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.
(Investment) Sical LogisticsProper retrace from 61.8 fib level and till to complete wave 2( best risk to reward ratio) buy for the target of 35, 52, 70
Nifty at The END of the new Beginning Nifty running up from 15671 like there is no resistance upside.
But when you take a closer look the the price is not straight up but its curving downside.
momentum loss is shown by MACD with negative divergence.
Hence the title THE END OF THE NEW BEGINNING
Price is going up as wxyz correction to previous drop and expecting end between 17890-18200 levels
The current swing confirmation break is placed at 17421.
Until now there is no signal of drop yet we should see it shaping up next week
The close look at last Fridays move looks to be Wave 3 of C upwards and details as given in below chart.
3 of C could end between 17730-80 then 4 would be zig zag going towards 17600 then final wave 5 up towards 17890 levels
The analysis only wrong if breaks 18605
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
--------------------------(((((LIKE)))))-------------------------------
AUBANK-WAVE COUNTAU bank has completed A wave of its correction and is in Wave B and it seems it has completed it too. The C wave will be coming for completion.
The lower projection of C wave is 922, which is equal to A wave. The C wave can extend or shorten.
The rule of 3rd wave is, it should not be shortest, if the counts are correct AU bank will start falling from here.
Please note : I can be completely wrong in my counting, apply your skill and invest accordingly.
Please like if you like my analysis.
Thank you.
AARTIDRUGS upward move expected.Prediction: Expected min 20% steep rise in upcoming days. As per the chart, diagonal pattern is formed in daily TF and also a smaller diagonal was formed at the minute wave 5 where price has given a breakout. Aarti drug has corrected almost 58% from its High.
Note - View's provided are for Educational purposes only, please do your own Research.
ENDURANGE IN WAVE 2It seems that Endurance Technology is correcting in wave 2.
There is a high possibility of completing the wave A of 2 and may move further for B wave.
Generally the B wave consist of 61.8% of A wave, hence, target range has been decided at the marked level.
Fundamentally endurance is a Auto Ancillary company and has good track record as of now.
View is Positive accumulation is recommended for medium term.
Regards
SILVERAfter sideways correction, Recently Silver started new impulse move, and now setup suggests that probably wave a-b-c decline in wave ii is complete,
Silver retraced nearly 61.8% of the recent rise, also retested its triangular breakout point and recovered sharply.
Once it gives positive close above 0-B trendline (purple resistance trendline) then it confirms that wave iii has started.
RK's buy signal activated on daily time frame
Support from rk's stop loss line along with lower bollinger band
Silver retraced nearly 61.8% of recent rally
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...!
Disclaimer.
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.
GOLD Gold retraced 61.8% of previous rise, it tooked support perfectly from 61.8% and lower bollinger band on daily time frame, and it had once again managed to hold above the RK's stop loss line on the closing basis, after taking support & closing that doji type red hammer candle, next candle closed positive and also given good follow up upwards, also buy signal generated in RK's Magic Buy.
Most possibly it is confirmation that reversal started now and may be wave ii completed and wave iii can unfold.
retraced 61.8% levels
macd in hourly positive above zero line
macd in daily converging towards upwards
rsi in hourly uptick
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...!
Disclaimer.
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.
BAJFINANCEThis stock has crossed his weekly swing high, and overall wave structures are suggesting impulse ahead, also macd and other indicators are supporting our bias to go long.
all the key levels are mentioned on chart.
Overall wave structure
macd in daily positive uptick
macd in weekly converging upwards
RSI in daily
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...!
Disclaimer.
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.






















