Get started

Neowaveforecast

Auto Sector (Neowave Forecast)Hi Everyone Today we are going to discuss Auto Index. 1) First currently Auto index is in correction of L4( long term 4th wave) and futuristic movement is bullish in form of L5 ( 5th wave). 2) In L4 we are also in last leg correction, this mean price should not consolidate here more than 2 week or so. if price consolidate more that mean there is a possibility of further waves of M series( medium term wave) but as you know the nature of 5th wave it does not always give proper price length and also fail prematurely so keep this in mind when you are buying quantity in auto stocks. Simply mean buy quantity with risk management. Anyway if anything changes i will update them in our trading view live link. If you have any question you can message me in trading view. Thank You _____________________________________________________________________________________________________________________________________________________________________________________________ Coming soon features. 1) An Neowave Library 2) Video Updates 3) Education series _____________________________________________________________________________________________________________________________________________________________________________________________ If you new than you need to see our below charts also to understand our Neowave coding style.
NSE:CNXAUTOLong
by Neowave-forecast
ICICI Bank (Bullish Structure)NSE:ICICIBANK Hi Everyone This is an chart of ICICI Bank same as the structure of Bank Nifty where we are in a bullish trend which has been extended. Currently we are in L series in which we have completed 5 wave structure in M series, but rally has been extended and we are again in M series. Completed wave M1 and we are in correction of wave M 2. We likely to go up as long as we are above invalidation Level. Note- We soon be providing trading view live links for update of trail sl and further neowave counts. Coming soon features. 1) An Neowave Library 2) Video Updates 3) Education series Thank You. If you are an our new subscribers, you wondering what is L and M. Kindly see the below chart for our coding style and click on it to view it in details.
NSE:ICICIBANKLong
by Neowave-forecast
Bank Nifty (Neowave Forecast)NSE:BANKNIFTY Hi Everyone This is an chart of Bank Nifty where we are in a bullish trend which has been extended. Currently we are in L series in which we have completed 5 wave structure in M series, but rally has been extended and we are again in M series. Completed wave M1 and we are in correction of wave M 2. We likely to go up as long as we are above invalidation Level. Coming soon features. 1) An Neowave Library 2) Video Updates 3) Education series Thank You. If you are an our new subscribers, you wondering what is L and M. Kindly see the below chart and click on it to view it in details.
NSE:BANKNIFTYLong
by Neowave-forecast
3
EURO/USD (Neowave Analysis)FX:EURUSD Hi Everyone Its been a long time almost an year EUR/USD had been falling. We were falling in an structure of L series (mean long term wave ) and recently we have completed L5 a 0.98132. Now its time for an ABC correction structure which we represent with LC1, LC2. ( C stand for correction). Let see structure equation, 1) We are in (LC 1 >) in which we have completed M1 ( m stand for medium term waves) and progressing with M2 (LC 1>M2 ?) 2) Further if we brake down M series you will see s series( s stand for short term wave) (LC 1>M2 > SC 2?) 3 ) This mean after correction wave in wave M2, we will definitely see an 5 or 3 wave structure in s series as long as we are above invalidation levels. Note - This equation is just for your memory. Let me know if this is helpful or not. If you does not understand our coding structure plz check out below chart. Thank You
Long
by Neowave-forecast
2
Nifty Forecast with Neowave NSE:NIFTY Hi everyone First Lets see out previous forecast. As you can see in below image , previously we were expecting an bullish structure and a correction, which we did as you can see in our current forecast. Now Lets talk abt current neowave structure As you can see in the chart we have completed wave-M1 and currently we are in wave- M2. Further in wave M2, we have already completed two leg of correction called SC1 and SC 2, which means half of the correction is completed. we may see further SC3 only or up to SC 5. So After this correction, structure should proceed for wave M 3 as long as we are above invalidation levels. and this is out current structure. I also want to show you the below image as we are facing an major resistance at 18118 and due to this we can see an wave - LC5. If you like the idea, plz like and share it. Thank You
NSE:NIFTY
by Neowave-forecast
1
Nifty Neowave ForecastHi 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, but we are near major resistance of 18115 and this is the high of April month, so price need to break above it for the confirmation of bullish sequence. Otherwise we can see LC 5. To read our Neowave charts use the below image. If you love the idea, please like and share. Thank You Everyone.
NSE:NIFTY
by Neowave-forecast
GBP/USD FX:GBPUSD Hi Everyone Sorry for absence for so long. Actually i was busy in forex trading and working on something so it took some time in doing experimenting. But will make some time on daily basis and try to help you as much as i can with my charts. This is an chart of British pound/ US Dollar. As you can see GBP/USD is falling for sometime now or you can say its almost an complete year. I will say this has complete its wave 1 and currently price is in wave 2. So you can expect some range bound in it or bounce back in form of correction for 2...3 months. It will form an ABC structure as per our Long Term Degree and currently we are in wave-LC1. Lets see what happen. See the below chart to understand how our degree cycles work.
Long
by Neowave-forecast
Nifty Forecast For Today | Neowave ForecastNSE:NIFTY Hello Traders We have come up with new feature from this week, we starting intraday forecast for both nifty and banknifty. In this chart i have added short term degree which will help you in finding out medium term degree direction. As all of you know if you have watched my video or chart how to read neowave chart. you will know that every neowave structure is made up of smaller structure for example M series is made up of S series and L series made up of M series. Just see the below chart example here for this purpose. Now lets compare our medium chart and short term chart for you. This is an medium chart of nifty which i published few days back in this i indicated of MC-4 wave finishing near that area, but it will be only activated if price goes above the line 17663 i have indiacte this with an arrow. But now i have added and short term degree count which with you can find out medium degree structure is completed or not. If anyone has anyquery related to this or any other chart. if you need anykind of help in trading please leave a comment. Like and share the idea if you love it. Thank you everyone
NSE:NIFTY
by Neowave-forecast
5
Bearish Corrective Trend in TCS Hi Traders This is an good opportunity for both buyers and sellers. As price is corrective than sellers can short sell here for quick profit. Investors can wait for the correction as they will get the buy the stocks as much cheaper price. Anyway as i said in the chart this is an corrective structure. Form the looks like it is an flat structure so its should fall to given price range and expect a bounce from that area. Anyway in present scnerio look for sell side as this correction is surely going to take some weeks to finish it. See weekly chart for more clear understanding of degree. Please do follow our charts with likes and comments. Let me know if you have anymore query Thank You Everyone * This is an weekly chart of TCS, in this you will sell an line near price 3000 which will work as a support for wave of D-4, It should not breach this level if it want to go up for wave D-5 * To learn how to read our neowave charts see below image
NSE:TCSShort
by Neowave-forecast