Hi This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week if you have any query, than write in comment box. Thank you.
Hi i am just updating the status for previous forecast. In yesterday forecast i said that the formation of ABC will form. So we are in last stage of finalizing the A degree. after that there will be B degree start. how you trade is upto you thank you
Hi This is an short term view.....as for this there will consolidated movement After this correction phase we can expect another upmovement. same goes for NIFTY. Thank you
Hi This is an nifty short term view.....as for this there will consolidated movement After this correction phase we can expect another upmovement. same goes for bank nifty Thank you
COINBASE:BTCUSD Hi Traders This is an short term view for BTC/USD. 39600 is working as a support level for btcusd for temporary uptrend. Although short term count is bearish for it. Major support for BTC/usd is 28800. I will update if anything in count changes.
BankNifty has shown a very fast move in last few days. Hope you know the term SANTA RALLY. If not, just google it. Tried to analyse the upmove that started from 34024 and tried to label the wave counts as per my Elliott Wave understanding.
# Elliot corrective pattern called Triple Correction WXYXZ. Charecteristics: 1)It is a combination of 3 correction.(Flat 3-3-5,Zigzag 5-3-5,triangle 3-3-3-3-3) 2)Each correction is connected by a counter trending wave x(also takes a form an elliot correction).This wave X is sideways movement there by not correcting significantly prior movement. 3)This three...
I Expect Bitcoin again Retest the low (near 42500) once Again.... As Long as 40000 Holds there is good chance for a Big Rally in Bitcoin Trade Plan for Next Week Sell 50000 CE (weekly or Monthly Contract) Once BTC Reachs 49500- 50500 Range Cover the CE and Sell Future Keeping 51500 as Stop Loss
BTC seems Begin New uptrend Wave in 15 min Time Frame... still Wave Structer is Un clear
One Can Hold BTC Short While Keeping stop loss Above 48865 Target 38760 Aiming for 4R Trade!!!!!!
Letter in green:highest degree Letter in yellow:lower degree then in green Letter in white:lower degree then in yellow Letter in blue:lower degree then in white. !st scenario:Neutral triangle As per neutral triangle wave B(yellow),we are in wave c(green),sub-wave b(yellow),sub-wave e(white),sub-wave g(blue). Minimum target for wave g in blue is coming at...
as per my study all the impulse moves are over in Sensex according to Elliott wave theory. 52000 is the support level at wave C. 58700 is the immediate resistance at wave B and according to time wave analysis some big move is expected around (oct 2023)
we might be ending wave D of neutral triangle in bajaj finance as it seems like wave d took form of a regular flat and target of 100% extention of sub-wave A for sub-wave C is coming at 6457.We also have channel support near those levels along with wave B price action zone starting at 6477 and price touching 6477 level would ful-fill wave D criteria of Neutral...
Post covid we are seeing Bajaj Finance going up forming double correction WXY on primary degree.Currently we are done with wave W(Zigzag correction) followed by wave X(A expanded flat) and right now we are in the making of neutral triangle pattern of which wave A,B,C are done wave D is going on which can take prices to 6350 levels,post which we can see bounce in...
After giving fake breakout we have seen price has reversed sharply there by breaking prior swing low in lesser time then prior swing high took to form giving us a double confirmation of trendline breach along with faster retracement.Meaning a significant top has been formed in the stock for atleast next 6 months and It seems like tata motors has ended it's 5 wave...
As labelled letters in red represents highest degree and that in white represents one degree lower then that discribed in red. So far we have seen bank nifty rising in corrective manner as per Neo wave rules since covid low's in the form of WXYXZ triple correction.we have already seen wave W,X,Y,X and it seems like wave Z might be completing soon if we break...
PEL has been moving in an impulsive way Feb 2021,and has completed 5 wave upside impulsive move.Here we are seeing wave 2 not retracing not more then 61% of wave 1, wave 3 extending wave 1 by 161% wave 1,wave 4 not entering wave 2 zone.This are classic elliot wave rules.wave 5 has taken a form of ending diagonal,there by forming neutral triangle pattern,meaning...
FX:GBPUSD Hi Traders, Welcome to Trade of the Day Please be keep in mind that trading is all about risk management. As any wave can be cancelled also. So always take 1-2 % of your capital per trade and also do partial profit booking I will indicate when you need to trail SL. With Neowave and these three pillars of risk management you can certainly beat...