Force Motors - Daily TF - Long TermThis is the Elliott wave analysis of Force Motors on DAily TF, below are the inferences -
1. Stock is in C wave, which is the end of correction after an impulse.
2. It can still continue correction further after creating the bottom. This correction might be time-wise or sideways correction.
3. But currently, the C wave is yet to be completed.
4. Projections or Targets of C wave are marked as Fib extensions.
5. After the correction (price + Time), stock can start next impulse but that will take substantial time from now.
Fibretracementlevel
Voltas - Short term BearishVoltas is in short/mid-term correction.
Wave 4 of ongoing Long term impulse is unfolding.
In the mid-term, ABC is unfolding with the current A wave going on in the very short term.
Retracement of 4 wave is marked with fib retracement.
The analysis is only for educational purposes. Please trade at your own risk
ICICIBANK - LONG TERM - HARMONICSPotential Bullish butterfly yet to complete.
PRZ marked with the completion of the above-mentioned pattern. Also, potential targets on the CD retracement are marked with fib retracement plot.
Security is in a bearish trend as 20 EMA is trailing below 50 & 100 EMA on daily TF.