Berger Paints Spot CMP :- 735 Bearish Crab Pattern formation :- PRZ zone :- 726-738 levels. SLZ zone :- 760 levels 1.618 XA :- 726 level 2.618 BC :- 738 Elliot Wave Study :- Currently counter is trading in impulse wave 3 of impulse phase.. At the moment wave 3 have extension of 2% of wave 1 which is around 745 levels.. if wave 4 unfolds from this levels...
Asian paints Spot CMP :- 2650 Elliot Wave Study :- Wave 1:- First wave of impulse phase, consist of 435 points. Wave 2 :- Corrective wave of impulse phase, have retraced around Wave 3 :- Longest and strongest wave of impulse phase, consist of 1170 points , which is 2.618% extension of wave 1.. now if major wave 3 matures around this levels and corrective wave 4...
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...
MNM spot CMP 710. ELLIOT WAVE STUDY. Counter have completed it impulse phase of upmove and currently trading in corrective phase ,, if running wave is B of corrective phase,, it can retrace to levels of 61.8% to78.6% of wave A , price wise which is around 730 to 750 levels. If wave C unfolds from this levels good fall in price can be seen which can lead counter...
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...
Technical Analysis based on technical parameters (No Noise) Nifty unstoppable...Bears in hibernation....why not ??? it winters. As what I observe and analyze Nifty have completed with its 5 wave impulse minor structure...5th wave traversed 100% which makes it to 13777 and what next nifty made a high of 13777.5 and thud...The fall was fast and furious...The wave...
EURUSD CMP :- 1.22 Elliot wave study :- Impulse phase for currency is on verge to mature,, resistance around 1.22725 to 1.23000. If corrective wave unfolds around this levels good retracement in price can be seen till level of 1.20000 to 1.19000. Rising channel pattern formaiton :- Resistance of mid line of channel around 1.22000 levels might give good reversal...
U.S DOLLAR DXY INDEX CMP 90 Falling wedge chart pattern formation. Elliot wave study. RSI bullish divergence. Index is on verge to complete impulse phase of elliot wave,, if corrective wave unfolds good rise can be seen. Support trend line falling wedge pattern around 90 levels ,,with bullish divergence in RSI ,indicate reversal.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgement while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisor before...
Waves have been marked on chart for easier assimilation .. Assuming minor degree wave 4 is complete, Nifty should rally ahead and complete minor degree wave 5 .. Expecting the same to be completing at levels of 13880, thereby also completing the higher degree Wave iii .. From there expecting correction till support levels marked on chart .. The correction appears...
Larsen spot cmp 1280 Bearish bat pattern formation. PRZ zone in range 1280 to 1320 SLZ zone above 1350 levels Elliot wave study. Impulse wave is above to mature around 1300 levels,, if corrective wave unfold around these levels can see retracement in price.. Good short candidate
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice 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...
Escorts spot CMP 1380 levels. Elliot wave projection :- Counter is trading around the maturity levels of impulse wave 3. if corrective wave 4 unfolds around this levels price might correct to 38.2 to 50.00% of wave 3. Chart patterns :- Double top formation Double top formation is observed on daily time frame ,, pattern breakdown confirms once the nearest support...
Nifty Metal index CMP :- 3200 levels. Harmonic pattern :- Bearish butterfly pattern formation. PRZ zone in range :- 3200-3300 levels 1.27XA = 3313,, Equivalent AB =CD matures at 3210, 2.24 BC extension around 3180 levels. Bearish AB = CD pattern formation matures around 3210 levels.. Elliot Wave study :- Whole structure formation is in Expanding rising wedge...
Nifty Midcap Index CMP around 20450 levels. Elliot wave Study :- Whole structure is in form of rising channel pattern, at the moment index is around resistance line of rising channel pattern. As per % terms if observed wave 1 = wave 5 (both the waves are of 27% ) Wave 3 is of approx 1.618% extension of wave 1 and wave 5. As per theory when wave 3 is extended...
Expecting TVC:USOIL to go for a sharp correction. Harmonics 4-point & 5-point pattern helped identify a Potential Trend Reversal Zone, where bullish movement may end & trend may reverse. Got a terminal candle confirmation in the PRZ. Also, in a broader view prices formed a Broadening Wedge Pattern (a-b-c-d-e wave structure) which might possibly be...
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice 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...