BN is rising higher after making yesterday's low of 43390 which was probably a A-B-C correction of 3rd wave move forming the end of 4th wave. Though it's not corrected as I expected for 43000 level (approx 23.6% of normal correction of 3rd wave), it has actually corrected as per wave theory where C=A and B went near about top of A. So, it's correction has...
Hello Friends, Here we had shared possible Elliott wave counts on chart of TPL Plastech ltd. which is showing currently we are in impulse wave, we have completed wave (1) and wave (2) of some degree, & now possibly we are unfolding wave (3), in which we had completed wave 1 and 2 and possibly now we are unfolding wave 3 and again in which we had completed wave...
Hello Friends, Here we have shared possible Elliott wave counts on hourly chart of HIL LTD. Post all-time high which was high of August 2021, we are still in correction phase only. This correction is complex correction, in which we have labeled correction swings as a wave (W)-(X)-(Y), which we have completed wave (W) & (X), and now possibly we are in wave...
BankNifty, Elliottwave Analysis, Ending Diagonal Daily Chart Analysis
Instead of going down as bigger C wave(as I anticipated in my previous post) it turned around 42822 and moved up again to 43772. It's look like making an irragular or flat correction. We can expect a devastating downmove 42450 level unless it should move above 43772 and stay above this level. Again BN is struggling and unable to make sizeable move. What is your...
Here we had shared possible Elliot wave counts of GOLD chart in which weekly, daily, 4 hourly and hourly all these time frames counts are aligned with each others. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a...
Hello Friends, Here we have shared possible Elliot wave counts of SILVER 4 hourly chart in which we can say possibly we are heading towards north direction as a fresh impulse wave, which can lead towards Bullish bias as now onwards. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like...
Hello Friends, Here we have shared possible Elliott wave counts on 4 hourly chart of COPPER, in which we can say that still selling pressure may continue for some while, because now possibly we are in complex correction phase as wave ((w))-((x))-((y)), in which we had completed ((w))-((x)) and now possibly we are unfolding wave ((y)) in which subdivisions are...
Hello Friends, Here we had shared possible Elliott wave counts of BTCUSD-BITCOIN on 4 hourly chart, in which we can see post bottom formation in November 2022, bitcoin had started motive journey towards north direction as a fresh impulse wave. In which we had completed wave (1) & (2) and now we are unfolding wave (3), in wave (3) we had completed wave 1 & now...
Here we had shared video analysis of possible Elliott wave counts on TVS Motors chart. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi...
Hello Friends, Here we had shared possible Elliott wave counts on chart of Dabur India ltd. in which we can see that currently we are in corrective phase of this stock, On daily chart we can see that possibly we are in wave (c) of Y of (4), post wave (4) we can start fresh rally towards wave (5) in north direction, but currently we still have to complete...
As analyzed before in my previous post, 3rd wave of BN was briefly stopped at around 261.8% of 1st wave length and corrected slightly. It looks like the fire of 3rd wave has yet not put off and we may another move higher. But for this, BN must trade above 43475 and if it fails to break above that level, we may see a bigger downmove in coming days.
Here we had shared possible Elliott wave counts on hourly time frame of Nifty chart. Whereas if we are unfolding part of correction phase then currently we are in A-B-C of ((2)) or ((B)) heading towards north directions, which we can see or say in bullish way, where we can fail this rally near 18567 levels which is nothing but equality level of A and C inside...
Hello Friends, here we had shared possible Elliot wave counts of copper on hourly time frame chart, in which it is showing that after impulse move as a wave 1 we are unfolding now correction waves as a (w) - (x) and (y), in which we had already finished and completed wave (w) and (x) now possibly we are in wave (y) of one bigger degree wave 2, so wave (y) may give...
Hello Friends, here we had shared possible Elliot wave counts of GBPJPY on hourly time frame chart, in which wave structure says that currently we are in wave (c) of wave 2 of wave (C) of some complex correction heading towards north, on bigger scale post (C) again we may start journey towards south directions, Right now on hourly chart we can assume that we may...
Hello Friends, here we had shared possible Elliott wave counts of USOIL CRUDEOIL chart on hourly time frame, which is suggesting we are currently in impulse wave of some degree, in which we had completed (i)-(ii)-(iii)-(iv) and now possibly we are unfolding wave (v) of bigger degree wave 1, in this scenario we had seen that wave (iii) has been extended and clearly...
Hello Friends, here we had shared possible Elliot wave counts with our view on US OIL - CRUDE OIL, in which we are waiting for further confirmation to confirm the TREND as per Elliot wave structure, we are possibly at the ending of wave ((2)) corrections or may have started wave ((3)), let's wait to confirm by chart itself, so possibilities of wave counts have...
Here we had shared possible Elliot wave counts of Dogecoin on daily time frame aligned with hourly time frame. Which is indicating that possibly we are unfolding fresh leg of impulse as a wave 1 of bigger degree wave (1) of one more bigger degree ((3)), and inside wave 1 we had unfolded subdivisions as wave 1-2-3-4 and possibly we have started 5th of wave 1 it may...