I am practising Elliott waves for last so many yrs, although I can't explain everything is detail why the wave 2 took so long to complete. Its not a surprise and there are genuine reasons for the same. For now I would prefer to keep holding and ride the 3rd wave. Once 3rd wave is complete we will see some correction, which is obviously 4th wave and then the final...
I have re- analysed Titan and got to the right state now, however I have already mentioned in my previous post to hold on and not to enter the trade. we were trying to take the safe side and wait for the right moment. Even Experienced folks can make mistake sometimes and I am no expectational.
Alright! Coming back to Titan, it heading south, this means we have...
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...
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...
AU Small Bank is ready to Rock. It will easily reach 675-680 that's what I am aiming for, only in exceptional case if the Wave e gets Truncated then it may not, but for now that possibility I am not considering. please take a look at wave d, which is a triangle so we have triangle within a triangle within a triangle, basically 3 triangles. Such Situations are rare...
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...
Correction in Titan is complex and taking time and its very obvious. Check the 2nd and 4th wave correction. The Complex correction W-X-Y-X-Z is going to end in next 1-2 months. Please refer the video below which I have posted on youtube.
As I have mentioned in my previous post to hold for couple of days before shorting, which was an advice because the top was not confirmed of the triangle, what you see a thrust of the triangle and it occurs sometimes, not always. Todays fall is giving a very good indication that we are about to see fall in BOB. Again just a word of Caution, next 4 to 5 sessions...
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...
CDSL was in corrective phase for a very long time, I was tracking this stock for quite a while. Its back to life again, we have just completed wave 1 and currently in wave 2, After wave 2 is over you will see Wave 3 , wave 4 and Wave 5. There is some more analysis I want to do before its ready to add to portfolio.
Will keep posted!
Thanks!
I have not marked all the previous motive waves, however the important part here is not the previous motive waves. we have already completed 5 waves up, which ended at 783.50, we are correction now and we just completed 1st leg of correction, what that means we still have 2 legs of correction to complete, one more up and then down. Currently we are in leg 2, what...
Time and time again I keep telling keep patience for few days, however some people don't have patience and thinks once the idea is publish it should work immediately like an instant noodle.
Guys you need to keep some patience before entering the trade.
we are seeing correction in Bank of Baroda, We have completed Wave A and we are about to complete Wave B in...
As I mentioned in my previous post as well, we are about to finish wave e of Wave C triangle. Once we are done with the completion of wave e, expect the quick and fast move till 692-693 and beyond. I don't want to see another triangle in wave- e, from my experience as Elliott wave Practitioner, its very rare to see wave e itself turning to a Triangle. Even if its...
Hello Friends, here we had shared possible Elliot wave counts of NaturalGas on weekly time frame to daily, 4hourly and hourly time frames which seems aligned with each other, so the conviction increases.
Well, on weekly time frame it seems that post impulse move, currently we are unfolding correction which is already at werge of completion, after A,B we are now in...
Hi,
JSW was in complex correction for a while, as we reach towards the completion of the last leg of the W-X-Y correction, we see that in the Wave Y we have already completed A-B- and now we are in the Wave C of Wave Y. In wave C we are in c of C wave, which means we are about to finish the last c Wave in the C wave, which itself is a descending triangle. Once...
As Per Line Chart .
Last day Trading Session We have Seen Heavy Selling in bank nifty.
Now Most Important Support Broke 41700 And Second Support is 40000 level..
40000 is psychological And Tend Line Support Also 200 Moving Average.
So 40000 3 Trend based Support . like horizontal, trendline and Ema .
If 40000 Level Break below Side New target Open 37800...
