Get started

Neo Wave

Bank Nifty (Neowave Update)I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas. Thank you _____________________________________________ Degree full forms- L1 stand for Long term wave 1 and so on M1 stand for Medium term wave 1 and so on S1 stand for short term wave 1 and so on _____________________________________________ Key Points- Stoploss- 44780 Use this as a stoploss for buying position. Target1 - 48100, Target-2 49086 ______________________________________________ Probablities- # we are currently in SC6 and with the SC7, our short cycles wave group should complete. With the completion of SC7 our wave-(B) will also be completed. See below chart Our previous Updates-
NSE:BANKNIFTY
by Neowave-forecast
2
Bank Nifty (Neowave Update)NSE:BANKNIFTY I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas. Thank you _____________________________________________ Degree full forms- L1 stand for Long term wave 1 and so on M1 stand for Medium term wave 1 and so on S1 stand for short term wave 1 and so on _____________________________________________ Key Points- Stoploss- 44780 This needs to break for the confirmation of downside. Support level- 45661 Use this as a stoploss for buying position Target1 - 47200, Target-2 48800 ______________________________________________ Probablities- # we are in up cycles now, which is in sync with SC series. So we will see bulllish ((i)) , ((ii)) and so on count. #There is always comes a word "but" which says follow risk managment. But Scenerios Incase 1 support level is hit, Than stoploss also hit mean cycles is change. Incase 2 if support level is hit and stoploss is not, than SC4 is still going changes of case 1 is more in case of breaking of support level. Thank You ______________________________________________ Medium Term Forecast ______________________________________________
NSE:BANKNIFTY
by Neowave-forecast
13
Neowave Bank Nifty UpdateDegree full forms- L1 stand for Long term wave 1 and so on L1 stand for Medium term wave 1 and so on s1 stand for short term wave 1 and so on Hello Everyone, Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles. Any last minute update will be done on our tradingview live links. I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas. Thank you Medium Term Forecast
NSE:BANKNIFTYLong
by Neowave-forecast
6
IEX is ready for a Bull ride.NSE:IEX About Company :- Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity. It's broker Just like Zerodha or Angel One but for electricity trading. with market share at present, IEX enjoys a dominant 90% market share in the total volume traded across all segments. However, recent regulations like "Market Coupling" could potentially impact IEX's prominence in this segment means market share will reduced if market coupling implemented by govt. in future. Entry :- 160/- or Current Price. Target :- At Supply Zone.
NSE:IEXLong
by swaaapnil
Bharti Airtel Long BullishNSE:BHARTIARTL Bharti Airtel is trading at near 945.20/- and I think price will go more above near 990/- and then stock can reverse. Reason target for wave (5) is length of wave (1) = length of wave (5). Another target is top of parallel channel and then stock can reverse. If stock reverse from given levels, then stock will consolidate for months. Wave (5) will complete larger degree of wave iii. Target for wave iii is reverse retracement of length of wave i which is 1058.15/- just few points above 990/- Target: - 1) Wave (1) = Wave (5). Which is near 990/- 2) Reverse retracement of wave 1 = 1058.15/-
NSE:BHARTIARTLLong
by swaaapnil
2
Jubilant Foodworks In Wave 3 Or Not.?NSE:JUBLFOOD Jubilant Foodworks I think it's in 3rd sub-division. If the structure is in 3rd sub-division wave, it indicates chart is strong with fundamentals. Now recent correction retraced below 0.618 and recovered above golden ratio with perfect abc correction. Normally target for wave 2 is 50% to 61.8% of wave 1 and it's completed. I think stock will go up near reverse retracement 1.618 of wave 1. Target: - 1) Target for wave 3 reverse retracement 1.618 of wave 1 = 1350/-
NSE:JUBLFOODLong
by swaaapnil
Navigating the Waves of Automotive ExcellenceLumax Auto Technologies Ltd.: Navigating the Waves of Automotive Excellence Let's dive into the world of Lumax Auto Technologies Ltd., a stalwart in the realm of automotive components. About Lumax Auto Technologies: Lumax Auto Technologies Limited, a proud member of the Lumax-DK Jain Group, stands as a market leader in crafting automotive components. With over four decades of experience, Lumax Auto Technologies has been a reliable supplier for both Original Equipment Manufacturers (OEMs) and the Aftermarket segment. Elliott Wave Analysis: Now, let's bring in the insights from the Elliott wave perspective: The stock has been on a journey, going through different waves like 1, 2, 3, and 4. Now, it looks like we might be entering wave 5, which is a bigger move. Within wave 5, we've likely finished the first part, and now we're waiting for the second part. Think of Elliott waves like a cycle, showing how the market's mood goes up and down. Wave 5 is interesting because it often marks the last big move in a trend, causing prices to make significant changes. Opportunity Beckons As the waves unfold, the anticipated wave 2 might offer strategic dips, presenting an opportunity to go long. Caution is maintained with an invalidation level set at 332.(Stop-Loss) The journey towards the north could potentially reveal targets reaching 470 and beyond. Of course, in the dynamic world of finance, fingers are crossed for a prosperous journey. Rising Stock Chart Lumax Auto Technologies Ltd. stands at the intersection of experience and innovation, riding the waves of automotive excellence. 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. 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 hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:LUMAXTECHLong
by RK_Chaarts
5
CAMS - WXYXZ Completed OR Next large degree incomplete WXY.NSE:CAMS After IPO stock went up sharply with clear and clean ( I think so ) formation of Impulsive Wave. After Impulsive wave stock corrected sharply gone below 61.8% of impulse wave with formation of Triple Three Complex Correction which is completed again I think so . So, there are 2 Possibilities in this stock. 1) Stock is corrected completely and now is in bull trend. OR 2) Stock is in large degree WXY wave (Next large degree of WXYXZ wave which is shown in chart) and wave W is just corrected and Wave XY is yet to unfold. which will take multiyear of consolidation correction. Target: - 1) If the correction is completed with wave WXYXZ then target will be 5802/-
NSE:CAMS
by swaaapnil
Technical Analysis with Elliott Wave InsightToday, we're exploring Ward Wizard Innovations & Mobility Ltd., an Indian electric vehicle manufacturer, with an intriguing twist of Elliott Wave theory for market insights. Before we dive into the waves, here's some background: Ward Wizard Innovations & Mobility Limited is a publicly-held electric vehicle manufacturing company based in India. It's dedicated to producing eco-friendly electric scooters and vehicles. Not just in India, but its impact extends to countries like Uganda and Nepal. Now, back to the chart and Elliott waves: Recently, the stock witnessed a substantial decline from January 2022 to July 2023, followed by a period of consolidation. Going back to its origins in May 2015 up to July 2021, we identify a significant wave ((1)), marking a robust upward trend. This was followed by wave ((2)), an Expanded Flat correction (A)-(B)-(C) in blue. Wave ((2)) concluded near 161.8% of wave (A) as wave (C) of ((2)). Now, the exciting part: The best possibility is that we're currently experiencing a significant wave ((3)), known for bringing about robust upward momentum. This wave holds the potential to surpass previous all-time highs. Elliott Wave theory is a captivating tool, helping us understand market psychology and forecast future price movements based on wave patterns. Remember, there's a crucial detail: We've set an invalidation level at 33.20, representing the low of July 2023. If prices drop below this level, it might indicate a different wave scenario. Conclusion: Our analysis hints at the potential for a strong bullish wave ((3)). Markets are full of surprises, and risk management is your best companion on this journey. 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. 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 hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
BSE:WARDINMOBILong
by RK_Chaarts
25
DFM (Dubai Financial Market) DFM:DFM I have posted two scenarios. Probability No 1 (Incomplete WXYXZ Correction) If Stock is in WXYXZ correction, then Stock has completed it's WXYX structure and wave Z is yet to complete. I think to complete wave Z of WXYXZ structure DFM stock has to go down below wave Y which is at 0.499. DFM will take time to complete this wave Z correction maybe a year or two. If stock didn't go below wave Y then it's not a WXYXZ correction It's WXY correction. Probability No 2 (Complete WXY Correction) There is possibility that wave WXY correction is completed and now stock is in impulse move. Wave 1 is completed and right now it's in wave C of wave 2. I think to complete wave 2 stock has to go near Demand Zone which is at 1.04. If stock is in impulse wave then wave 2 will complete soon and wave 3 will start to form. My target for wave 3 is 1.618 reverse retracement of wave 1 which is near 4.63. This are my two probabilities scenario. One has to think and take multiple scenarios to make investment decision because market is risk averse to systematic or unsystematic risk because no one can tell what will happen in future. Always use hedging and arbitrage to manage the risks.
DFM:DFM
by swaaapnil
EAND or E& Long Term AnalysisADX:EAND As I said in my earlier short-term view of EAND Analysis that I think Emirates Telecom Group Company (Etisalat Group) is near at the end of it's bearish trend. It's in final phase. I don't think it will go below 15.50 now. Still have to be careful when take position in this stock. My entry level is 19.58. Which is Higher High level from current structure. Target: - 1) My target for EAND is 23.4 which is 0.236% of peak of wave 5 Ⓥ to bottom of wave Ⓨ. Well, I think it's a high probability target. 2) Otherwise I also think that stock will go near 27 which is 50% retracement of peak of wave 5 Ⓥ to bottom of wave Ⓨ.
ADX:EANDLong
by swaaapnil
1
Nasdaq in complex correctionNASDAQ:IXIC I think Nasdaq composite is in XX Wave right now. No one can predict this wave how long it will be what kind of structure will unfold in this structure. Two Possibilities: - 1] It's in control range within main range. where price retest at resistance of control range. So, maybe price will go near 13500/- for retest and then go up near 13800/- After 13800/- price will go below 13000/- for completion of Wave Z. 2] Price will go straight from here to 13800 and then will go near 13000/- for completion of Wave Z.
TVC:IXIC
by swaaapnil
Abu Dhabi Commercial Bank in complex correction.ADX:ADCB I think Abu Dhabi Commercial Bank is near end of it's bearish trend. It's a triple three complex correction. which is wave WXYXZ form and I think it's in wave Z. Abu Dhabi Commercial Bank is near the end of bearish trend and soon stock will start moving up. To complete the triple three complex correction in this stock price has to go below 7.63 which is bottom of wave Y. Target: - 1) Below wave Y which is 7.63 2) Control line or middle line of parallel channel. 3) Orange Bottom Bearish trend line which I joined first point from wave W and second point wave Y.
ADX:ADCBShort
by swaaapnil
Saudi Aramco Long Term ViewTADAWUL:2222 SAUDI ARAMCO clean structure on chart. Extended wave 3 is completed. Now stock is on correction in wave 4 I think stock will take few more weeks to complete the wave 4 correction. Now I think there are more than 2 possibilities. I have shown 2 possibilities in chart. 1) First possibility is that stock is in wave 1 of extended wave 3. Red Arrow is shown on chart is showing that stock will break all time high level. It means that it's in wave 3. 2) Second possibility is shown with green arrow in chart. That stock is in complex correction and it's in wave X. If it's in wave X then labelling will be different which I not shown in chart. I will update regularly if corrections are needed for labeling.
TADAWUL:2222
by swaaapnil
Saudi Basic Industries Corp. can break multi year consolidation TADAWUL:2010 Saudi Basic Industries Corp. can break multiyear consolidation but there are two alternatives this is one possibility which I have shown in charts. In both possibilities SABIC should have to go below 59.5 in spot market to end multiyear consolidated bear trend. Then I think SABIC will be in bull trend. Entry: - 1) If Stock goes below 59.5 then wait and let stock rebound and if stock goes above 85 then start Buying for long term. Target: - 1) If stock goes above ① which is all time high at 252.2 then target will be 399.4. Which is 1.618 reverse retracement of wave ①. 2) 2.618 Reverse retracement of wave ① which is 637.6
TADAWUL:2010
by swaaapnil
VEDL can break multiyear consolidation.NSE:VEDL VEDL is consolidating for near 13 years now. For these many years consolidation means complex correction in Elliott Wave Theory. I label the counts on chart it's clear that VEDL is on last phase of WXY corrective wave. But wave Y is not yet completed I think. I think VEDL will go near demand zone at least for completion of wave Y which is also near 200 day exponential moving average. Wave 3 is always strongest in price movement and in volume. So, after wave Y wave 3 of Supercycle wave will start to form. In most of cases after this many years of consolidation stock moves sharply in it's main direction and in VEDL it will be bullish. Good For Long Term My targets for VEDL are:- 1) 800/- which is 1.618 reverse retracement of Supercycle wave 1. 2) 1300/- which is 2.618 reverse retracement of Supercycle wave 1.
NSE:VEDLLong
by swaaapnil
2
Crude Oil Analysis Decoded, A Learning JourneyHello Friends Here we had shared Educational purpose case study of US Oil (Crude Oil) Technical Analysis, A Low-Risk, High-Reward Opportunity. Welcome to this educational analysis of US Crude Oil (commonly known as Crude Oil). Today, we're exploring an intriguing opportunity in the world of technical analysis. In the realm of wave analysis, we've identified an exciting prospect in the Crude Oil market. Let's break it down: We've recently completed "wave 4," a significant corrective wave. Now, it appears we're at the beginning of "wave 5," the final leg of the sequence. The Potential So, what's the potential here? Blue wave 5 has the characteristics of being an impulse wave, known for its strong and sustained price movement. In this case, we anticipate it could surpass the top of wave 3, which was at $94.99. Risk-Reward Analysis Now, let's talk about risk and reward. Here's where it gets interesting: Risk We've set an invalidation level at $87, which means if the price drops below this point, it suggests our analysis might not be on track. Reward If wave 5 plays out as expected, it has the potential to lead to significant price gains. Characteristics of Wave 5 What makes wave 5 special? It's typically marked by strong momentum, often accompanied by increased trading volumes. Traders often find this phase exhilarating, as it can lead to substantial profits. Risk-Reward Ratios When considering this opportunity, the risk-reward ratio is a critical factor. The risk, as mentioned, is if the price falls below $87, which is our invalidation point. The reward potential is significant, with the possibility of surpassing $94.99, presenting an attractive risk-reward profile. Conclusion In conclusion, we've identified a low-risk, high-reward opportunity in the Crude Oil market, characterized by the unfolding wave 5. Remember, this analysis is for educational purposes only and should not be considered financial advice. 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. 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 hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
TVC:USOILLong
by RK_Chaarts
3