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Elliotwavecount

Reliance- Important Support Zone 1890-1900 (Catching The BottomsMarket Commentary As suggested over the last idea - comment this morning @ 09:51 Hrs / 27th Jan2021 - 1890-1900 is the important zone - If it holds then another upside push is open & it can travel to 1975/2000/2020 --------------------------------------------------------------------------------------------------------------------------- ******** Note- Falling below 1890 which is critical level-it may retest 1835 & new low expected ************ --------------------------------------------------------------------------------------------------------------------------- Once it crosses above 2020 - upside extension can be seen to 2050-2075 where traders have to be careful Last Idea- What a top @ 2120
NSE:RELIANCE
by WaveTalks
17
Reliance-Last Impulse 5th Wave Ended in Truncation-Wave AnalysisSmall Modification - Possibly Last Impulse ended in truncation at the lows @ 1855 Why Traders Have to be Careful- Channel Resistance Corrective in next higher degree possibly close to end -------------------------------------------------------------------------------------------------------------------------- Recap from last idea -------------------------------- 2022- Most Important Level & fulcrum level so sell below & buy above was suggested as per previous ideas- Hope you enjoyed selling two times close to 2022 with minimum target of 1900 downside --------------------------------------------------------------------------------------------------------------------------- ---------------------- What Next ? ---------------------- Short Term Next Most Important levels - 2100 / 2050 /2020 - which can be used as intraday levels for short term trades - Sell Below or Buy Above plans can be executed with proper risk management. Long Term Outlook Long Term Outlook remains unchanged which is still bearish as suggested for last few ideas with key level @ 2095-2100 as the most important zone -------------- Note -------------- Any sustained move above 2100 has to be reviewed again
NSE:RELIANCEShort
by WaveTalks
10
GBPUSD/If wave (b) of B is finished - x3 forming - Short!!In cycle, A upward wave (5) ends with a terminal impulse of 1.36194. Hope thrust reveres back to at least 1.34687 to 1.34295/1.34033 and completely retracement at 1.31839 referring to terminal Impulse effect or around 38.2% to 50% of the former big cycle in 4h time frame chart. 1h time frame wave (a) assumes finished, wave (b) is unconfirmed but the price already touches the 50% Fibonacci retracement of wave (a). In case that wave (b) is finished, I predict the next move is going to be wave x3. of wave (c) aim for 161.8% of wave 1. which is the same target at 50% retracement of the big cycle. So how to trade? Wait for confirmation break down at 1.34687 and pull back if the price doesn't come down it means to wave 2 is forming complex correction or wave (b) of B. is not yet finished I will switch to bid when the price is breakthrough 1.35140 level and the target is 1.35465 cut loss at the support line. ++ Thank you for reading ++ ++ Please share your opinion ++
Short
by ThanatVichachai
Banknifty Ending Diagonal Final up-move towards 30700DISCLAIMER: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 investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))------------------------------- Banknifty upside getting exahusted and trading in parallel channel making ending diagonal. On Friday before close made bullish candles and closed above major resistance 30000 suggesting upside still pending. Banknifty in impulse up-move and in wave(3) which usually goes Fibonacci level 1.618=30760 of wave 1. Then after that we can expect deep correction which should go 0.5 Fibonacci level 27186 or 0.618 level 26342 in wave 4 In Wave 5 expect to go near life time high.
NSE:BANKNIFTYLong
by Niftydirection
Nifty Upside fading Ending diagonal at 13180DISCLAIMER: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. Details in description. -------(((((Please LIKE & Donate Coins to support my analysis)))))------- Nifty forming ending diagonal in 5th Wave and upside looks to be over. There are two ending diagonals as you can see in chart. Max expected upside 13180. This analysis will be invalid if Nifty touches 13207. On downside 12790(0.382 Fibonacci), 12550 (0.5 Fibonacci) levels expected. One can wait for confirmation close below 12983 before touching 13207.
NSE:NIFTYShort
by Niftydirection
7
JSWSTEL, Real-Time illustration of complete ElliottWave-Cycle!For the ElliottWave-Cycle, kind of behavior appears in two different forms on a market chart: The impulsive move The corrective move. Motive Cycle: The impulsive waves can occur both in an uptrend and a downtrend . Impulse Elliot wave theory summary; It takes the form of 5+3 wave = 8 Wave patterns. It has the three waves 1, 3, 5 moving in the direction of the trend, the motive waves, and two waves 2 and 4 which move against the trend. Waves 1, 3, 5 can further be divided into five smaller wave s each while 2 and 4 into 3’s. Corrective Wave Cycle: The corrective wave comprises 3 waves moving in the opposite direction of the initial trend. Corrective patterns Elliot wave theory summary; This wave pattern can never move beyond the origin of the previous impulse wave. The letters a, b, c are used to label these waves respectively. =================RULES====================== The 3 main Elliot wave rule s trading Elliot wave. Wave 2 never retraces 100% of wave 1 Elliot Wave 3 is never the shortest wave in a completed 5 wave sequence. Wave 4 cannot retrace into wave 1
NSE:JSWSTEELEducation
by Trade-Technique
4
Nifty - Don't forget your levels - Can It Crack! (11825)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. ----------------------------------------------------------------------------------------------------------------------------- Last Price- 11815 / 12:43 Hrs - 3rd Nov2020 Quick Recap of U.S. Index - SP500/US500 As mentioned in last Nifty update- key levels to watch 11790 11825 11870-11880 --------------------------------- Last SP500 / US500 Idea -------------------------------- --------------------------------- Last Nifty Idea ---------------------------------
NSE:NIFTYShort
by WaveTalks
14
Banknifty Corrective wave after Leading Diagonal on 15 min chartDISCLAIMER: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)))))----------------------------- Target 20735 which is 0.5 Fibonacci retracement of Leading diagonal If gaps up and open above 21065 this analysis is invalid so 21065 is SL.
NSE:BANKNIFTYShort
by Niftydirection
TataSteel -Playing The Wedge(Holding Above 337 look for 343/348)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. ------------------------------------------------------------------------------------------------------------------- Trading Strategy Plan A - Buy strictly above 336-337 ( Strict Stops Below 336) for Upside Target 343 & Above 343 for 348 Plan B- Sell Later close from 348 Highs - Target Downside - Target 1- 328 / Target 2- 312 / Target 3- 300 --------------------------------------------------------------------------------------------------------------------- Last Tata Steel Wave Count on the Larger degree --------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- Thanks & Regards
NSE:TATASTEEL
by WaveTalks
3
ITC - Count Seven & Go To Heaven (Wave Analysis)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. ---------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------- Once Seven Waves are done on the upside- structure completes & Next larger degree wave could start soon for ITC which most probably points to the downside direction but as a trader, we have to put proper risk management to get a maximum advantage (check trading strategy mentioned below) Importance of Number Seven ------------------------------------------ Number 7 came from - Seven headed flying horse - "Uchchaihshravas" was obtained during churning of milk ocean (Samudra Manthan - as suggested Hindi) Horses signify Seven days in a week Seven sages called Saptarishi Seven colours of the rainbow Seven Chakras of Yoga --------------------------------------------------------------------------------------------------------- Last TradingView Status Update -------------------------------------------------------- 11:36 Hrs / 9th July 2020 - ITC Stock Update - Please check last idea-"Bearish Gartley" Suggested Buy above 195 for 200 & 205-207. We can repeat the same strategy again. Strictly Buy Above 195 for 200 & 205 upsides or Sell Below 194. Thanks --------------------------------------------------------------------------------------------------------- TradingView Profile Page for Previous “ITC” stock ideas ----------------------------------------------------------------------- in.tradingview.com ---------------------------------------------------------------------------------------------------------- Trading Strategy ---------------------- Plan A ------------------------ Strictly holding above 195 – look for Target 1- 200 & Target 2 – 205/207 which is valid & open only if the stock crosses above 200 & holds – that means it should not slip or fall below 200 level Plan B ----------------------- Strictly Selling below 194 for Target 1 – 190/191 & Target 2 – 185 open or valid if stock slips below 190 Plan C ---------------------- No trade zone or strictly avoid any trading between 194-195 zone & Execute Plan A or Plan B according to the price movement Plan D ( Long Term Analysis) --------------------------------------------- Scenario – Reaches close to 209 & fails to cross on the upside then sell or if crosses above 209.50 then sell later – Target 1 – 180 / Target 2 (Strictly Below 180) for 157-158 / Target 3 – (Strictly Below 157-158) – 135 which is final target downside --------------------------------------------------------------------------------------------------------------------- Thanks for watching the idea. Take Good Care of Yourself & dear ones. Good Night
NSE:ITC
by WaveTalks
35
Auropharma - B- Wave Shift Can Cause Havoc 790-810 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. -------------------------------------------------------------------------------------------------------------------------------- Trading Strategy -------------------- Plan A ( Long Term Analysis) As suggested several times 790-810 is the danger zone so you better be careful as any small indication of the fall below 810 can take this stock deep down which will be reviewed later Strictly - No Selling if crosses above 810 levels Plan B (Short term) Any move above 810 - You can expect upside push to 830/840 zone but strictly above 810 levels only -------------------------------------------------------------------------------------------------------------------------- Nifty for 19th June 2020 ------------------------------------------------------------------------------------------------------------------------- Review of 18th June 2020 Intraday Push of 100 points above 10000. Hope you enjoyed. What Next - 19th June 2020 Have Bearish Gartley Structure at 10100 Levels Exact Plan A Selling Strictly below 10100 levels for 9950 -Target 1 & Dropping below 9950 -Expect more on downside Plan B Moving Above 10100 - This harmonic pattern -Throw away & expect 10170-10200 as suggested earlier -strictly above 10100 levels --------------------------------------------------------------------------------------------------------------------------- Profile Page for checking older ideas - Use search box for any particular stock in.tradingview.com --------------------------------------------------------------------------------------------------------------------------- Thanks for watching the video & your precious time
NSE:AUROPHARMAShort
by WaveTalks
44
Short term EW analysis on JUBILANT FOODWORKSC leg of the correction seems to have been started. Wave 2 is in completion zone so if wave 2 is completed then the price pattern should respect the trendline which is drawn on the chart. If wave 2 is not completed the we will have to revise the trendline. If W2 is completed and trendline is not breached then SL can be nearest swing high and one can ride the trend. Note: Pattern gets violated only if price breaches the invalidation point.
NSE:JUBLFOODShort
by AmPe_stockanalytics
Auropharma - Live Market Video - Case of Ending Diagonal / WedgeDisclaimer ----------------------------- 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. ---------------------------------------------------------------------------------------------------------------------- Trading Strategy Plan A ( Safe Traders - No Buying below 658 on a closing basis) Holding 658-660 zone - we are open for an upside push towards Target 1 - 685 / Target 2- Above 685 for 695-700 / Target 3 - Above 700 for 730 to 740 Plan B This is the selling plan when the pattern gets completed which can be done in 695-700 zone if fails to move above 700 or can complete in 730-740 zone Selling below 700 (strictly) or Selling close to 730-740 zone for downside Targets mentioned below Target 1 - 685 Target 2 - 665 Target 3- 625 Target 4- 600 Target 5- Only below 600 (Strictly) for 565 -----which takes the support of weekly channel upper end -------------------------------------------------------------------------------------------------------------------------- Hope this video helped to learn wave pattern which can be highly rewarding if you can manage your risk properly. Thanks for your precious time.
NSE:AUROPHARMALong
by WaveTalks
44