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.
detail had explained inside the chart. in my point of view over all the trend has changed. we may expect a small high and then a fall for around 60% and then with previous low as stop we can think of going long. and impulse 3rd wave may be possible. if it is a triangle then this point of entering 1.07600-1.07200 will give u a good reward . if it goes straight up...
This is another type of wave formation. A regular flat wave had been formed. There are alternative waves I have posted it before. We need to wait and watch the wave pattern that is going to form. Only then we can decide the point of our entry. I have attached the previous chart below. Kindly look into it for clarification
Currently it seems to be in 3rd wave. We have to wait and watch the wave formation. Further details explained in the above chart.
Hello Everyone This is a wave count update of our previous forecast. Thank You This was our previous forecast, but price gives correction more than expected and changes its cycles. But this all can easily avoidable with the help of smaller cycles.
If one more los is possible then this is a valid pattern else we skip this and move on to next bullish chart. If consolidation continues furthermore then it may lead to triangle formation. If the previous high was broken then the Triangle get fail and it may complete flat pattern and one more low pending.