Elliott Wave Analysis 1) Impulse Wave:- there is a chance of 3rd major wave ending and the 4th impulse wave is taking place. after a fall we can accumulate. 2). Corrective Wave:- (complex correction) A correction wave had completed and now the connecting wave X is forming may be the next wave can be a formation of Y or a complex correction. ...
Elliott Wave Analysis 1) Impulse Wave:- there is a chance of 3rd major wave ending and the 4th impulse wave is taking place. after a fall we can accumulate. 2). Corrective Wave:- (complex correction) A correction wave had completed and now the connecting wave X is forming may be the next wave can be a formation of Y or a complex correction.
Elliott Wave Analysis. The 5the wave was not truncated it was just turned into an flat correction. A small low till $75-$77 is expected before a bounce back. This entire fall was indicating the 2nd Wave of the entire previous impulse 1st Wave. once the fall was over then there will be a good impulse. Your comments are most welcomed.
This is an elliott wave analysis. A reasonable pullback had occurred. we can start accumulate from here. we can average further if it goes around $8 - $9. With low risk and high reward. i'm not a semi registered advisor. I'm sharing my personal view. Kindly post me comments if you people have any queries. Your doubt will be cleared accordingly. #elliottwave...
Hello Friends Here we had shared possible Elliott wave counts of SILVER international chart on daily time frame, which are clearly suggesting us that currently we are in some ending phase of correction, which might be finish any time so now selling is not suggested but buying on dips only. I repeat, buy on Dips only is suggested as per Elliott wave structures,...
Hello Fellow Traders, I started learning Elliott Wave Analysis with online free tutorials. I could able to draw based on rules I learned and wanted to put in public to correct and learn my mistakes. Last leg of irregular ABC is in progress and it will be end before 2618 and I feel next WAVE will be fast.
Hello Friends Imagine we're reading South Indian Bank's story through a series of waves on a chart – each wave has its own label and meaning. Looking at the larger picture, we've observed two distinct waves. The first one climbed up and was labeled as Wave (1), while the second one descended and was labeled as Wave (2). Now, a new wave is beginning, labeled as...
Hello Friends Welcome to our Elliott Wave analysis of the Gold chart! This analysis helps us make sense of Gold's price movements by spotting repeating patterns. Think of it like finding familiar footprints in the sand. Imagine Gold's price as a series of waves. Elliott Wave theory suggests that these waves repeat in predictable patterns. We'll be looking for...
A small correction may be expected. We can accumulate small quantities. I’m not a sebi advisor. Before taking a trade consider ur financial advisor or by doing your own research .
a correction was completed and a bounce back is taking place. we may enter or wait and watch the wave formation. NSE:INFY zic_zac wave has completed. we need to check whether it has over or correction may continue.
Hello Friends, Welcome to our Case Study of Nifty with Elliott Wave Prospective. In this analysis, we'll be taking a closer look at the Nifty index using a powerful tool called Elliott Wave theory. Think of Elliott Wave as a way to uncover hidden patterns in the market's movement, a bit like solving a puzzle. Imagine you're on a journey to understand where the...
Explained in a chart clearly. An impulse wave was over with an ending diagonal. We may expect an impulse up side move. But it may also give a little low .
i will publish a detailed view on coming days . This is not analysed in a detailed manner's. if anybody wish to accumulate in slow manners it can be done. I'm just sharing a small piece of view for a Long side. a Detailed view will be published soon.
A nice ride started . Forgot to post my chart earlier. This is a nice ride if we get any pull back. If we don’t get any pullback then we can wait and watch the move.
Nifty made running triangle in wave B which is suggesting Correction phase in progress. This triangle consolidation break will bring 19800-900 zones. Triangle break can be confirmed after breaking 19600 or one can also wait for 19646 break. Below 19495 we need to revise chart. Nifty while going up also suggesting 20k break is delayed as it's in correction...
I’m impulse with this share. For long run we can hold on and slowly accumulate. It may give a correction at this level or slight up ad then a low and then the impulse rally begins. At end of the day Im impulse in this scrip unless any bad news arrive in the fundamental. More Foreign investor and domestic investors are accumulating and less retail investor are...
we may accumulate at this point. with 381 as stop loss we can go to sail with the tide.
A simple alternative correction wave. We can consider the X wave as triangle or flat correction.