Elliott waves - ABC Corrective patternAlways beware of a corrective ABC pattern when a stock is below its previous highs in a bull market . It is tradeable but not buy and hold. Expalined in the chart . Regards
Neo Wave
START OF NEW NEO IMPULSE WAVE.GET LONGPRICE BREAKOUT IN TODAYS TRADING SESSION @ 916
ALSO PRICE HAS MULTIPLE SUPPORT AROUND 900-905 AREA
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 931 AND ADD IF PRICE COMES @ 916
STOP LOSS OF 904 ON CLOSING BASIS
TARGET 1050.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
TRIANGLE PATTERN BREAKOUT.START OF NEW NEO IMPULSE.GET LONGPRICE GAVE TRIANGLE PATTERN BREAKOUT IN TODAYS TRADING SESSION @ 1182
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 1194 AND ADD IF PRICE COMES @ 1182
STOP LOSS OF 1150 ON CLOSING BASIS
TARGET 1380.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
DOUBLE BOTTOM BREAKOUT.START OF NEW NEO IMPULSE.GET LONG PRICE GAVE DOUBLE BOTTOM IN TODAYS TRADING SESSION @ 2951
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 2964 AND ADD IF PRICE COMES @ 2951
STOP LOSS OF 2730 ON CLOSING BASIS
TARGET 3220.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
HIGHER HIGH HIGHER LOW.START OF NEW NEO IMPULSE.GET LONGPRICE IS MAKING HIGHER HIGH AND HIGHER LOWS AND GAVE BREAKOUT IN TODAYS TRADING SESSION @ 969
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 986.60 AND ADD IF PRICE COMES @ 969
STOP LOSS OF 940 ON CLOSING BASIS
TARGET 1150.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
DOUBLE BOTTOM BREAKOUT.START OF NOE IMPULSE.GET LONGPRICE GAVE TRENDLINE BREAKOUT BEFORE 2 DAYS AND TODAY IT CONFIRMED DOUBLE BOTTOM GIVING BREAKOUT @ 89.10
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 89.45
STOP LOSS OF 85 ON CLOSING BASIS
TARGET 99.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
START OF NEW NEO IMPULSE.GET LONG ABOVE 1183COMPANY POSTED GOOD QUARTERLY RESULTS
IF PRICE BREAKS OUT IN TODAYS TRADING SESSION ABOVE 1183 THAN IT CONFIRM HIGHER HIGH AND HIGHER LOW PATTERN.
SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG ABOVE 1183
STOP LOSS OF 1140 ON CLOSING BASIS
TARGET 1280-1300.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
DOUBLE BOTTOM IN MAKING.IF PRICE GAVE BREAKOUT IN TODAYS TRADING SESSION ABOVE 3665 THAN IT WILL CONFIRM DOUBLE BOTTOM PATTERN
SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG ABOVE 3665
STOP LOSS OF 3580 ON CLOSING BASIS
TARGET 4000-4400.
TIME FRAME-1-2 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
START OF NEW NEO IMPULSE WAVE.GET LONGPRICE GAVE CHANNEL BREAKOUT IN TODAYS TRADING SESSION @ 772
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 780 AND ADD IF PRICE COMES @ 772
STOP LOSS OF 736 ON CLOSING BASIS
TARGET 880.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
START OF NEW IMPULSE AS PER NEO WAVE RULESICICI BANK GAVE BREAKOUT OF 613 IN TODAYS TRADING SESSION.NOW AS PER NEO WAVE IMPULSE RULE IF ANY PREVIOUS DECLINE IS FOLLOWED BY EQUAL OR HIGHER LENGHT OF RALLY IN LESSER TIME THAN THAT OF DECLINE IN QUESTION THAN WE CAN ASSUME IT TO BE START OF NEW IMPULSE.
BUY@619
SL@590
TGT@666
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
EURUSD Further Neowave Forecast by Manish SinghFX:EURUSD
Price Should Move up without braking of Invalidation Level in form of 1,2,3,4,5 waves in blue degree.
As you can see wave ((i)) has been finish and currently we are in correction of wave ((ii))
As long as price is above invalidation level you will see further rise in the price in form of wave ((iii)).
Reliance Neowave ForecastNSE:RELIANCE
Hello Everyone
As you are seeing on chart wave ((1)) has been completed and currently we are in wave ((2)) which is Developing in form of (W), (X), (Y).
If this movement sustain than in future we will see a wave ((3)).
So this is a good place to invest in reliance for delivery.
This prediction will take time.......may be few month
Thanks
Neowave Forecast
Nifty neowave forecastNSE:NIFTY
Nifty has completed its 3rd wave in black degree ((3)).
Now we are in consolidate correction of (($)) wave which will be in WXY pattern.
Elliot wave Analysis PVR RE POSTNIFTY MEDIA SCRIP
PVR LTD Overview
Complex Correction Triple combination structure
Next possible support looks @ 1200 to 1162 odd levels
xauusdlong up trendfor gold i think we have diametric in the gold and it have 7 waves and i think gold is starting a new long up trend .............what are you think about it ?????
GOLD ready to shining brightGOLD is in accumulation zone. 2 ways to trade
1. Wait to breakout above 1900/1950
2. Accumulate 30% near 50%, 61.8% Fib retracement zone...Add 50% on break of trendline and 20% on break of ATH
Bank nifty Intraday Update for 03-01-2021As you can see on chart we have completed wave (3)
After that we are in correction zone of wave (4), in which we are going from point A to Point B
Most like point B or wave B is near completion after that you will see a sideways move which i represent on chart as point C
Nifty Intraday Update for 04-01-2020As you can see on chart we have completed wave (3)
After that we are in correction zone of wave (4), in which we are going from point A to Point B
Most like point B or wave B is near completion after that you will see a sideways move which i represent on chart as point C
Nifty 50 Neowave-forecastNifty is likely to correct from here for its 4 th wave in intermediate degree........for details you can watch my video on it
Nifty : Upmove is near completion. Downtrend to 10800 or further
Since March 24, 2020 Nifty had begun its D wave of a NEUTRAL TRIANGLE (a special type of NeoWave pattern). This D wave has formed a Bow-Tie Diametric pattern.
All calculations are marked in the chart.
As G wave of a diametric pattern tends to equal A wave, the possible culmination of this wave is very near at 13100 levels and E wave of the NEUTRAL TRIANGLE pattern will soon commence.
Second possibility of D wave completion is a Trendline resistance of 12800-12900 levels. In this case we may a fall in Nifty from 12 Nov 2020.
As E wave of this NEUTRAL TRIANGLE will traverse below 10800 before Jan 2021 .
Investors can invest to build a good equity portfolio during this fall.
Wish you all a very Happy Diwali and Happy Investing.
