Diametric pattern – Understanding Nifty medium term pattern by applying the concept of Advanced Elliott wave – Neo wave theory to forecast the next trend. As shown on daily chart, prices are forming a Diametric pattern. This pattern is recognised in Neo wave as a 7 legged correction labelled as a-b-c-c-d-e-f-g and can take a form of either Bow Tie structure or a...
1) 14.10 - 16.50 -> strong supply zone 2) Wave 4 seems to be completed in this impulse move with ABCDE corrective pattern completed. 3) If this wave sustains over 21.70, confirmation of wave 5 is done. 4) Targets -> 25.30, 32.75 Views are personal, only for knowledge sharing. Not a recommendation.
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NSE:TARSONS Tarsons product LTD is proxy player to healthcare industry. Tarsons is a manufacturer of scientific and laboratory plastic ware and safety products. Stock went into Triple Three complex correction just after IPO and I think that stock completed it's course of complex correction and now ready to move up but for more safety one should invest above...
OANDA:BTCUSD I think Bitcoin completed wave 4 triangle pattern and now is in wave 5. Target: 1) First Target : 40241.7 2) Second Target : 41670.3
NSE:GARFIBRES Garware Technical Fibre is in final wave of extended wave 3. The current stock movement indicates that it is currently in the fourth wave of the extended third wave, and it is in the process of forming a triangle pattern. Trangle always form in wave 4. I have labelled wave 4 triangle with ABCDE. Entry point is at high of wave D :- 3375/- Target :-...
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...
NSE:BPCL BPCL is in consolidation for 5 years and it's clear structure of wave abcde . Wave abcde always formed in wave 4 only. It seems like wave 4 is completed and BPCL is in wave 5 to complete the wave structure. Minimum Target is 805/-
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...
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...
I can See A wedge pattern in form of Wave B and Will the Wave C on downside can start from here it self ? Rsi is indicating multiple divergences, Daily candles showing shooting star at top , more than 61.8% retracement move is complete, elliot wave is having 5 moves complete on upside and time cycles suggesting bottom near may 20, all factors showing a move...
Harmonic - Bearish Bat formation Need to close above 1579 and sustain for 1 hr. Tgts - 1590 - 1603 - 1612 - 1632 Elliot Wave - Currently in C wave of subordinate ABC wave of a larger B wave. Sharp correction once C is completed.
Harmonic - Bearish Shark formation Already closed above the critical level of 845. first target done 851.75. Tgts - 856 - 869 - 884 Elliot Wave - Currently in C wave of subordinate ABC wave of a larger B wave. It might retest 845 level in this upmove. Sharp correction once C is completed.
Based on the wave analysis, banknifty may form a top near its all time high before retracting to 23.6% or 38.2% level from there
US OIL is looking good to go long as per Elliot wave structure with invalidation level of below $ 76.50, for target level of near $ 83.05. My ideas as just for educational purpose only 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...
Hi Everyone This is an nifty Short Term and Long Term forecast. The upper image is an short term view in which forecast will be changes as the price will progress. As you can see on chart we have started an bullish sequence as long as we are above invalidation level for respected medium and short term counts sequence. As you can see in below long term chart,...
Looking at the calculations and wave counts,,, we are going to see up-move wave F of a correction ... in wave theory we are going to move in wave 1 of new Up cycle or you can say (Bigger Wave "C" or wave "3") lets see if it unfolds like this or not ? is the big time correction over today or tmrw slightly below 15600 ? * for educational purpose only | trade at...
triple correction pattern, bank nifty will touch on of this target upcoming bullish pattern will decide what will be the reversal point target i have shared this are fibo level under WXYXZ pattern