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Impulse

Auropharma : Riding the Wave: StockJumps from 397 to 1000 October 13, 2020: Identified a B-Wave shift in Auropharma (TradingView Idea Published as mentioned below), predicting a decline from highs of 1065 to lows of 397- was looking for Wave -C Downside. These are complex corrections so I changed them to X-wave (instead of B-Wave) January 30, 2023: Noted that Auropharma was close to completing an Ending Diagonal, which eventually ended the fall at the lows of 397. Ending Diagonal as per New School Analysis or Wedges as per Old School or Traditional Analysis are classical patterns which suggest that the structure is about to end & sooner or later opposite side move will start. This is the reason, why I picked this stock as portfolio stock for 1000+ as the ending diagonal started from the highs of 1065 which was most likely to get retraced 100%. February 27, 2023: Published an idea on TradingView suggesting Auropharma was preparing for a rise to 1000 as stock made a low of 397 & started rising. A classical example of V-Shaped Recovery on Monthly Chart using wave analysis. November 18, 2023 (Today): Auropharma achieved the target, touching over 1000+, just a few points shy of the previous high of 1065. This journey of Auropharma's stock is a real-world example of wave analysis in action and will be featured...story continues Regards, WaveTalks
NSE:AUROPHARMA
by WaveTalks
4
Basing and Breakout formation Basing : Its accumulation phase where smart money comes in, it acts as a base. Here price may follow the previous trend or shows reversal Always take partial position, don't get trap by infusing entire position. Volume activity remains low and you may see some heavy buying at support. Psychology : participants are not ready to participate actively, it lacks enthusiasm. Breakout phase : Here, It may break the support or resistance The bigger the base, the stronger the rally can be. If it breaks resistance add up your position and if it breaks support cut out your position. Psychology : Here you will see the moment in price activity with higher spikes in volume. Here they get the direction.
NSE:ZYDUSLIFEEducation
by OK_Rane
HAL Hindustan AeronautThis stock has given good breakout on daily time frame as well as on weekly time frame, along with a good intensity of volume, this is a newly listed stock and it is moving up impulsively, RK's Magic indicator is also suggesting to go long for forthcoming weeks, Overall Wave Structure is also suggesting same on weekly Charts, all trend indicators are also aligned with same bias. One can go long at current levels or in dips ( if any ) with immediate support of 1350 and major support of 1239. All the key levels are mentioned on chart. Overall Wave Structure could be like this on Weekly Chart. Breakout in Daily with very good intensity of Volume RK's Magic indicator is also suggesting to go long for forthcoming weeks This RED curve line is nothing but support-line / stopline and it also play role of TIME-LINE weekly macd positive crossover done Daily macd positive crossover, uptick & now above zero line too. Stochastic is already running positive, but now there is very little space pending upside in daily stochastic, so we can assume it should retrace some amount, before to go further up move. buy on dips is suggested. Overall, in weekly stochastic it has pending good intensity of space upside. Weekly RSi is uptick and also above 60 thats actually a good sign for bulls once it crosses above 62.10 on closing basis it would be definitely a trigger point for up move. if RSI in Daily retests nearby 55 numbers or upto 50 too. it can be a good buying opportunity. (may be or may be not retest) Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:HALLong
by RK_Chaarts
6
HDFCBANKThis stock is showing good power and strength to go more upside, once price closes above 1497 plus levels, then it can show more strength to go further up side, Bullish crossover in weekly macd can put the bulls in a dominant position. on daily chart swing low of 1411 will be a crucial support to watch out for on the way down. One can go long at current levels or on dips near 1430 - 1450 zones (if any ) with stop of closing below 1411. Fake break-down and now at parallel channel's top wave structure could be like this something coincides factors macd in weekly is uptick macd in daily is positive crossover and uptick rsi in daily uptick along with double breakout Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:HDFCBANKLong
by RK_Chaarts
HDFC WAVE STRUCTURE ( INVESTMENT PICK )HDFC is looking good for investment purpose as per waves analysis. First price should give breakout above current 0-X Trendline. Wave structure says everything, Let price say something aligned with it, then its confirmed Investment pick. Overall structure can be unfold as below Unfolded waves structure let price breakout this line Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
HLong
by RK_Chaarts
ABC Correction on Reliance industries Howdy Traders and investors ! you are showing reliance 1 day timeframe chart. I have analyzed this chart with Elliott wave principle. so shall we direct jump on pull ? yes ! shallow ends first !!!!!!!!!!! I have liable impulse phrase from November 2016 to September 2020. before 2016 data of chart it quite deceptive and I always ask my self that do I recognize the patterns which I was looking for ? so yes... wave 4 is Forming Triangle and at the E point of Price has completed wave 4. wave 3 and 5 is extended now wave 5 have finished his bull run and it's Time form corrective Phrase I can find 3 sub wave of Wave A. if wave A can't make leading Diagonal and C point is the end of wave A so correction must be flat. if wave B will End beyond wave A so we can have Expanded Flat. If wave C cant exceed ending point of wave B so it must be Running Flat when correction will be finished we will ride on Impulsive moves. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NSE:RELIANCE
by supreme_bull
5
Nifty makes a Double bottomA double bottom below the 17000 mark it is, pending some price confirmation. If you think that the most recent decline is a 5 waves down and more selling is due then this alternate count will get vindicated when Nifty moves above 17490. That is the final confirmation that we have a bottom in place for the time being. Then we can think about the bullish alternate counts from the low of 16987 made on Monday. Wave z makes a slightly higher low? Yes that is possible in fact truncation in wave z has become a common feature just like truncation in wave 5 of an impulse.
NSE:NIFTY
by indiacharts
1