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Fourthwave

Jk tyre to cooldown in 4th wave then 5th wave upJktyre moved rapidly in 3rd wace and extended now in 4th wave is expected to be slow moving downwards least 116 and max 97 possible. It may take more than month and possibly form cup and handle pattern during process. Stop loss 85 for target 160-175-185 in 5th wave. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study provided is solely the personal views of my research. You are advised to rely on your judgment 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. I may or may not trade this analysis --------------------------(((((LIKE)))))-------------------------------
NSE:JKTYRELong
by Niftydirection
SBI Skewed Triangle 4th Elliot WaveStock currently in upward trend and may break upside. Wave 4 has formed skewed triangle and about complete final Internal Wave E. Long in the zones of 199-195 Stop loss 179 ( if hits loss will be ~10% of entry price) breaking 185 will be tough. Targets for Wave 5 235(as per fib extension drawn between wave 2-3-4),245-250(aggressive) Notable resistance 212 non risky can wait for break and close above this. Disclaimer: Calculated and plotted values may differ little with actual stock movement. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing/trading. Please hit like button that will motivate me to do more. You can donate Trading view coins as well. Thanks :)
NSE:SBINLong
by Niftydirection
6
Bharat Electronics BEL in Fourth Elliott waveBEL broken out of contracting triangle and moved like a rocket. Currently in 4th Elliott wave which is corrective in nature. All bonce towards 99 short opportunity with SL 100.2 target 96.4, 95.3, 91.7, 90.90 Disclaimer: All levels pointed on chart are forecast based on mathematical Calculations or chart based technical analysis which may or may not true. This analysis may not be suitable for all investors consult with your financial advisors before investing.
NSE:BELShort
by Niftydirection