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Elliotwaveanalysis

Nifty Triple Zig Zag Correction PossibilityDISCLAIMER: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. I may or may not trade this analysis. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- If nifty starts fall and doesn't violate 11618 then probability of triple zig zag pattern high. 11440 is 0.786 Fibonacci level of recent high 11618. Triple zig zag least corrects 0.5 Fibonacci level of previous wave(ii to iii) which is at 10670 z wave correction will be abc correction, abc drawn in chart are just for reference and not calculated. 11099-11035 Gap 1 filling this will confirm downside 11347-11226 Gap 2 filling this will confirm fall towards 10670 or even beyond.
NSE:NIFTYShort
by Niftydirection
2
Tata steel- Wave Counts- Will it Fall to 300 ?Not a trading call. Purely for Educational Purpose. Consult Financial Advisor before taking any trades. ---------------------------------------------------------------------------------------------------------------------------- Wave Analysis Flat Correction (W X Y) - from the highs of 442 can be completed with one more downside leg or fall close to 300 levels. ----------------------------------------------------------------------------------------------------------------------------- Last Wave Idea on Tata steel - 29th July 2020
NSE:TATASTEELEducation
by WaveTalks
8
Nifty Analysis for 06 OctWave X as marked on chart shall be valid only if it smaller than Wave C ie, Nifty doesn’t break 11620 mark .. yesterday’s day high of 11579 will be key resistance.. if Nifty manages to break n sustain above it, may test next resistance zone of 11635-11655, in which case Wave X shall not be valid and one can expect further up move in days to come .. however if Nifty is not able to break 11579, expect some correction for today .. wait for price action at imp support n resistance levels as marked on chart .. expecting an initial up move till 1030-1045 hrs followed by some correction .. second half especially after 1400-1415 hrs may experience some volatility
NSE:NIFTYShort
by raj0778
3
Infy elliotwave analysis, ready to create new high?DISCLAIMER:There is no guarantee of profits or no 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 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. -------(((((LIKE & Donate Coins to support my analysis)))))------- On small time frame of 15 min plotted impulse wave from swing low. Currently in Wave 4 triangle correction and looks ready for breakout with green Marubozu formed in 2nd last candle. Targets any of these 1031-1037(in case of wave 5 truncation), 1050 case 1: Weakness in global markets can invite for gap fill 1006 and good support at 1004 which is entry opportunity with 997 SL. Case 2: Gap up opening and sustainance above 1027 will confirm bullish bias Case 3: Gap down and violation of 997 this becomes analysis will be invalid
NSE:INFYLong
by Niftydirection
2
Nifty 50 analysis for 05 OctThe entire move from 10800 to 11400 level appears like a 3-wave pattern (Wave X) .. Once this pattern completes, expecting a downward move ... 11460 (+/- 10) as marked on chart, will be a strong resistance and watch out for price action at this level as Nifty may reverse from there ... View for 05 Oct would be bearish ... Support levels as marked on chart are S1 - 11335 S2 - 11290 S3 - 11250 Note - Views are personal and meant for educational purpose only, not for trading any instrument
NSE:NIFTYShort
by raj0778
Bank Nifty - 22365 (Don't Forget The Level) - Bearish GartleyLast Fall from 22365 & fails to hold 22300 levels mentioned over the idea. Got the fall 22300 to 21400 -------------------------------------------------------------------------------------------------------------------------- Bearish Gartley From Same Level ------- 22365 ( Very Close) --- If BNF holds "below 22365 / 22300 " then we can expect a drop to 21600 -target & going below 21600 - we can expect more fall ---------------------------------------------------------------------------------------------------------------------- This idea is not valid above ----------- 22365 highs ***
NSE:BANKNIFTYShort
by WaveTalks
15
Gold- Triangle Scenario Evolving As Ending Diagonal- Wave YNot a trading call Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ------------------------------------------------------------------------------------------------------------------------------ Note - For Educational purpose only ------------------------------------------------------------------------------------------------------------------------------ Market Commentary Last Idea - Suggested It could be a triangle unfolding - Gold did best holding 50500 levels (approx) with +/- 250 points & attempting 52000 levels. "if gold holded 50500 levels then triangle scenario was still open but breaking below 50500 level- triangle scenario was negated" Later breaking 50500 levels after making high @ 52182 - now it can possibly unfold as an ending diagonal which again suggest that making a new low below 49250 - it can attempt all-time new high or similar high @ 56191 Short Term - Downside Trend - one more fall expected below 49250 holding below 50350 Long Term - Upside Bias & One more high cannot be negated. Once New low is achieved as per short term trend- close to 49000- we can expect new all times or similar high @ 56191
MCX:GOLD1!
by WaveTalks
6
Nifty- Wave 4 Done at 11305 (62% retraced)- Careful !!!For Educational Purpose Do not consider this a trading call. Consult a financial advisor before executing any trades. "Risk Management" is the most important lesson -a trader has to learn before taking any trades. ------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------ Wave Analysis Key Points for Nifty Index Moves Last Price- 11254 / 10:28 Hrs / 29th Sep 2020 • The fall 11618 to 10790 – an impulsive fall • Nifty retraced 62% (current bounce) of the fall from 11618 to 10790 which is 11305 • 62% level which comes at 11305 is the most important resistance level • Keeping in mind 11300 –trader’s should decide their next course of action • Chart representation ( such as "red arrow" marked downside is for author’s reference) • Kindly do the due diligence before taking any trades • Have a wonderful session ahead ------------------------------------------------------------------------------------------------------------------------ Second Last Idea -Nifty crack from 11620 to 11085 ------------------------------------------------------------------------------------------------------------------------ Last Idea - Nifty bounce expected "holding above 11085" ------------------------------------------------------------------------------------------------------------------------
NSE:NIFTYEducation
by WaveTalks
13
Nifty 50 analysis for 30 SepIt appears that the impulse in upward direction completed at 11300 levels and its correction has commenced. Wave b of the correction is unfolding. The resistance and support (+/-10) for tomorrow as marked on chart are R1 - 11280 R2 - 11330 S1 - 11180 S2 - 11085 Overall view on Nifty for tomorrow is bearish. Expecting an initial upward movement for first one/ one and half hour followed by Wave c in downward direction anytime after 1100hrs .. If Nifty manages to break 11180 levels, expecting it to test 11080 levels as well.
NSE:NIFTYShort
by raj0778
1
Reliance Zig Zag CorrectionDISCLAIMER:There is no guarantee of profits or no 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 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. --------------------------(((((LIKE)))))----------------------------- 2277 Invalidation level 2130 target deduced cause Z is usually equal to Y supports 2200,2165
NSE:RELIANCEShort
by Niftydirection
1