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Neo Wave

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
Elliott Wave Analysis of Tesla Bullish Perspective with CautionsHello Friends Here we had shared study of Elliott wave analysis for Tesla A bullish perspective with cautions, In the world of Elliott Wave theory, let's take a closer look at Tesla's chart. Here's what we found. On an intermediate degree, we've witnessed the completion of two waves, elegantly labeled as "Wave (1)" and "Wave (2)." Currently, the spotlight is on "Wave (3)," which tends to bring about significant market changes. Within Wave (3), we've ventured a step further by identifying "minor wave 1" of Wave (3). This delves into even greater detail, allowing us to see the inner workings of market dynamics. Zooming in even closer, we've navigated the world of "minute" degrees within "minor wave 1." This revealing sub-waves (i), (ii), (iii), and (iv), setting the stage for what's next - the anticipated "sub-wave (v). But that's not all. A promising development has occurred. Tesla has broken above the 0-B resistance trendline, signaling a potential shift in momentum and strengthening the case for a bullish scenario. In summary, the Elliott Wave analysis suggests a bullish outlook for Tesla, with the breakout above the 0-B resistance trendline serving as a confirmation. Long positions are an option, with target levels set at 400 and 500, and potentially more. However, caution is warranted, with an invalidation level set at 101.81. If Tesla's price were to drop below this level, it could indicate a different scenario - a potential double correction as double (a)-(b)-(c) which we can label as "W-X-Y" within "Wave (2). As always, no analysis is infallible, and surprises can still occur in the market. Risk management remains crucial. We'll eagerly await your further instructions to continue exploring Tesla's potential. 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. Thanks RK💕 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...! 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.
NASDAQ:TSLALong
by RK_Chaarts
1
How To Trade with Neowave Trading IdeaHello Everyone, Welcome to you all, this is an educational post in which you will learn how to trade with our neowave trading chart. For better understanding also watch the video which will be available soon. See the below image ## This is how a Neowave structure looks in which a stock price goes up and down. ##These no 12345, I called them motive waves mean trending direction. As you can see these are in diffrent colors. Each color represent a trend cycle mean for how many days this particular stocks is going up or down. See the below example ## As you can see in below examples , group of smaller cycles made bigger cycles and bigger cycles made more bigger cycles and so on Example 1 Example 2 ## But this hard to understand for ordinary eyes and neowave coding style is always differ between neowave analyst also. For one neowave analyst one trend is short and for other it can be intraday.it just there perspective. For every other person 12345 is create confusion, hard to tell how long this trend will go up. you just dont know this 12345 is short term cycle or longterm cycle. To solve this i am changing coding style ##As name represent itself its cycles s for short cycles, m for medium cycles and l for longterm cycles. see the below chart Now see the below image for another part of neowave which is called correction ## As you know every trending cycles, there comes an consolidation period in which price gives some retracement but never retraced 100 percent of previous trend. This consolidation is represent as correction in neowave. ## This correction comes in same cycles in which the cycles was trend. As you can see short cycles trend in the image, after s5 there comes a flat pattern which is labbeld as SC1, this c stand for correction.same for ther cycles. These are the list of the cycles which will be labbled in my chart. See the below chart for complete list. Now next part is important for you. These are the expected time frame for the repected cycles. If you love the post than give it a boost and keep following us for more trading idea. Thank You
NSE:NIFTYEducation
by Neowave-forecast
2
Possible Elliott wave structure of SILVER (now down then up)Hello Friends Here we had shared possible Elliott wave counts of SILVER international chart on daily time frame, which are clearly suggesting us that currently we are in some ending phase of correction, which might be finish any time so now selling is not suggested but buying on dips only. I repeat, buy on Dips only is suggested as per Elliott wave structures, whole scenario is explained in current post as a video, please go through out and gain the knowledge. 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:SILVERLong
by RK_Chaarts
15
Elliott Wave Analysis for South Indian BankHello Friends Imagine we're reading South Indian Bank's story through a series of waves on a chart – each wave has its own label and meaning. Looking at the larger picture, we've observed two distinct waves. The first one climbed up and was labeled as Wave (1), while the second one descended and was labeled as Wave (2). Now, a new wave is beginning, labeled as Wave (3). This phase often brings significant changes and momentum. Zooming in a bit, we spot smaller waves nested within this Wave (3) We've recognized two of these smaller waves – wave 1 and wave 2. The upcoming wave, known as the "Third of the Third," is unfolding and labeled as wave 3. This phase tends to be dynamic and energetic. Delving even closer, we identify a tiny segment of this wave 3 known as wave (i) and wave (ii). Currently, wave (iii) is likely in progress, showing notable strength. With all these wave labels in mind, South Indian Bank appears to be a potential candidate for race towards north way, where we anticipate a price can increase, so we can assume this as an Investment pick. However, always remember that trading is not a sure thing. Like life, surprises can happen. In a nutshell, Elliott Wave analysis helps us understand how the market moves in a certain pattern. South Indian Bank's chart is showing something interesting, and we're excited to see where it goes next. 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:SOUTHBANKLong
by RK_Chaarts
5
Elliott Wave Analysis of GoldHello Friends Welcome to our Elliott Wave analysis of the Gold chart! This analysis helps us make sense of Gold's price movements by spotting repeating patterns. Think of it like finding familiar footprints in the sand. Imagine Gold's price as a series of waves. Elliott Wave theory suggests that these waves repeat in predictable patterns. We'll be looking for five main waves within an overall trend and smaller waves in between. The goal is to figure out where Gold might be in its current wave pattern. This can give us clues about whether the price might go up or down in upcoming days. Remember, no analysis is a crystal ball. While Elliott Wave can be helpful, it's just one piece of the puzzle. Market news and events also matter. By understanding these wave patterns, we aim to predict potential future movements in Gold's price. So, let's ride the waves of analysis and see what they might tell us about Gold's journey ahead. Overall it looks little down first, then little big contra trend upside near $ 1910 or more, and then again down continuation towards $1820 - $1850 might be. 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.
FOREXCOM:XAUUSD
by RK_Chaarts
4
Case Study of Nifty with Elliott Wave ProspectiveHello Friends, Welcome to our Case Study of Nifty with Elliott Wave Prospective. In this analysis, we'll be taking a closer look at the Nifty index using a powerful tool called Elliott Wave theory. Think of Elliott Wave as a way to uncover hidden patterns in the market's movement, a bit like solving a puzzle. Imagine you're on a journey to understand where the Nifty index might be headed next. We'll be using the Elliott Wave lens to interpret the price movements and potential trends. This isn't about predicting the future with a crystal ball – it's about using historical patterns to make informed guesses about what could happen. Throughout this case study, we'll dive deep into Nifty's recent price action and explore how it aligns with Elliott Wave principles. We'll be looking for waves and patterns that have appeared before and could repeat themselves. These waves might give us hints about potential ups and downs in Nifty's journey. Remember, the market can surprise us, and there are no guarantees. This analysis is like a compass guiding us based on the historical behaviors we've observed in the past. It's always important to consider other factors too, like news and events. By the end of this case study, you'll have a better grasp of how Elliott Wave analysis works and how it can provide insights into Nifty's future moves. So, let's jump into the Analysis video study of Nifty and Elliott Wave together and uncover the prospective paths it might take. 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:NIFTY
by RK_Chaarts
16