Get started

Elliotwaveanalysis

Jubilant Ingrevia for 60%+ gainsDate: 3 Oct’24 Stock: Jublingrea Timeframe: Daily chart Jubilant Ingrevia seems to be in Wave III of 3 which is heading towards 1300+ (60%+ from current price of 810) as seen in the chart. Wave III could end around 940 and Wave IV could correct to 750 levels (returns would be even higher if entered at the end of Wave IV of 3). High volume and strong RSI support this stance. If the industry tailwinds remain, it won’t surprise me if the target is done in a year’s time. This is not a trade recommendation. Please do your own analysis. Jubilant Ingrevia 3 ke Wave III mein dikh raha hai jo 1300+ (800 ki vartamaan keemat se 60%+) kee taraf badh raha hai jaisa ki chart mein dikh raha hai. Wave III 940 ke aas-paas samaapt ho sakta hai aur Wave IV 750 ke star tak neeche aa sakta hai (yadi 3 ke Wave IV ke ant mein entry ki jaye to return aur bhee adhik hoga). Adhik volume aur majaboot RSI is trend ka samarthan karate hain. Yadi sector mein teji kee sthiti banee rahee, to yah koee aascharya kee baat nahin hogee yadi lakshya ek varsh ke bheetar poora ho jae. Yeh koi invest karne ki hitaayad nahin hai. Kripya apana analysis khud karein.
NSE:JUBLINGREALong
by DhandhaPaani
2
NMDC - The Fifth Can be Juicer then ThirdNMDC is very similar in chart structure with PNB only difference is NMDC has broken out of falling channel of wave 4 & has given confirmation of wave 5 which can head towards 360-390 levels. NMDC is a good chart to study patterns (Not shown in this chart) but if you look carefully can spot 2 inverted H&S from where pattern has also played very well classical text book pattern & playing as per book is something which makes you conviction in charts very strong.
NSE:NMDCLong
by churiwalvikram
MapmyIndia for 200%+ gainsDate: 28 Sept’24 Stock: MapmyIndia (CE Infosystems) Timeframe: Daily chart MapmyIndia seems to be in Wave III of 3 which is heading towards 5000 levels (2.3X of current price of 2160) as seen in the chart. This is a long shot but it is what the chart tells me. The company listed on bourses in Jan 2022 around 1900 and is around the same level in Sept 2024 while sales and operating profits during this period have almost doubled. Possible in next 1 year? We shall however review it in due course of time. This is not a trade recommendation. Please do your own analysis. I am not SEBI registered analyst.
NSE:MAPMYINDIALong
by DhandhaPaani
1
PNB - The End could be a New Beginning.Punjab National Bank is in a bullish structure from June 2022 & now have completed wave 4 which has meet with reverse parallel channel drawn from connecting wave 1 high with wave 3 high (usually the best point for wave 4 to end) & this low of wave 4 is exactly 0.382% retracement of Wave 3 so now we looks all set for wave 5 impulse to begin a close above 112 will be 1st confirmation & breaking above this red channel around 120 will be bigger confirmation which could take us to 230 which is (Wave 1 is equal to Wave 5 measurement) & channel top. Everyone in market is trying to find top in Index whereas stocks are just getting started so the market can stay irrational longer than you can stay solvent.
NSE:PNBLong
by churiwalvikram
A Bullish Breakout Analysis of Alkyl AmineAlkyl Amine stock has recently exhibited a noteworthy price action following a consolidation phase that extended beyond 1,000 days. The stock has successfully retested a pivotal support level and demonstrated a robust bounce, closing above this key level, accompanied by a significant surge in buying volume. This development is indicative of a potential shift in the trend towards a bullish posture. From an Elliott Wave analysis perspective, the stock appears to be in the early stages of a wave pattern. This observation aligns with the bounce occurring at the 61.8% Fibonacci retracement level from the most recent higher high, suggesting a critical change in momentum. Further validating the bullish outlook, momentum indicators such as the RSI and the MACD are showing favourable signals on both the daily and weekly timeframes, reinforcing the likelihood of upward price movement. In terms of potential price levels, the current-demand zone is identified between 2305 and 2349 . Should the stock succeed in closing above the initial resistance level at 2484 , the next resistance levels to monitor would be at 2848 , 3162 , and ultimately 3526 . Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making any investment decisions.
NSE:ALKYLAMINELong
by NiftyNotions
6
BTCUSD (CRYPTO) buy on dipsBTCUSD made All Time High 73805 on 14th March 2024 post that made low till now is 49112 on 5th Aug 2024 corrected nearly for 5 months. Elliott Wave Analysis : BTCUSD in Triple correction namely w-x-y-x-z of which last leg is in progress... till now low made 49112. Expecting wave z to form Triangle Pattern. Indicator : MACD given Positive Diversion and Positive cross over. Important support : Channel support near 53000 psychological level and low 49112 Worst case expected low : 45000 Improtant Fibonacci level : 0.618 % : 58430 (Acting as immediate resistance) Buying opportunity : Conservative approach: Buy on crossing 0-b trendline and sustaining above golden fib 58430 Aggressive approach : accumulate slowly near 45000-58430 Upside Potentials: 73000++ in long term Conclusion : Be cautious now in shorting BTCUSD. Now time to look for buying opportunity in dips. Disclaimer : Study here presented only for Educational purpose... No Trading advise..
CRYPTO:BTCUSDLong
by MDstockmagic
TATAMOTORS Ending diagonal.. trend is getting matured..Tata motors in impulse 5th wave up .. high made 1179 (min target of 5th wave done) It seems its making ending diagonal pattern in form of 3-3-3-3-3... waves and if it is doing diagonal pattern than chances are there for 3rd wave of 5th up in 3 waves and one more new high possible. important support is 4th wave low 855 breaking of which will end the impulse trend and down trend will start in tata motors. Disclaimer : study is only for educational and I am not SEBI registered.
NSE:TATAMOTORS
by MDstockmagic
JIOFIN BULLISH VIEWJIOFIN BULLISH VIEW ELLIOTT WAVE THEORY JIOFIN showing the fractal nature , completed 1st wave and 2nd wave higher degree showing upward signs , high volume traction can move 3rd wave to equality around 500 or even upto 1.618 around 620. let it gain some traction Wave 1 is considered using 17 leg formation to avoid further classification of inner counts , easy to count in case extension and prominent impulsive moves. This is for educational purpose only, in case of any suggestion you are welcome.
NSE:JIOFINLong
by Manojmkm
XAUUSD - Accumulation , Manipulation and Distribution Today before "ADP Non-Farm Employment Change: news big players took the advantage of news and followed ICT PO3 pattern which is ACCUMULATION MANIPULATION DISTRIBUTION ICT power of three is the strategy which exposes the smart money traps for retail traders. ICT power of 3 concept is also known as AMD setup because of the three main concepts accumulation, manipulation and distribution. Accumulation phase is when market ranges near important level and smart money accumulate their positions in this area. Manipulation phase, as obvious from the name, is to manipulate the retail traders. After accumulation smart money moves the market in opposite direction . Distribution phase is the real move. After manipulating retail traders smart money add their positions toward the real direction of market hence moving market opposite to retail mindset. In above chart i tried to show this po3 strategy developed by ICT . Before the red folder news market was ranging.. post that big players manipulated towards the order block and made high 2523.. and started distribution and till now made low near 2504. Elliott wave and ICT concepts are very easy to learn if one keeps positive mindset of learning. Disclaimer : Study is for educational purpose
FX:XAUUSD
by MDstockmagic
7
BITCOIN: Elliott Wave & ChannelGreetings, everyone.😉 I would like to present a scenario for your consideration, grounded in "Elliott Wave Theory" . ✔️ Wave initiated from the 15K level: Classified as a "Double Zigzag" ✔️ Current wave in development: Y-c-3 ✔️ Projected upward range: 93K ~ 101K The rationale behind this analysis is as follows: Zigzag patterns typically move within a parallel channel. The first zigzag wave, which started from the 15K level, adhered precisely to this parallel channel. As a result, the likelihood of a complex correction occurring is considerably high. Based on these observations, I have constructed this particular scenario. It is an illustrative representation of potential market behavior, grounded in established technical principles. Wishing you all the best of luck🍀 This is not a buy or sell recommendation. It is a personal perspective and should be used for reference only. All decisions and responsibilities lie with you.
Long
by Killer_Whales