Bank Nifty Neowave Update (13-02-2024)Degree full forms-
L1 stand for Long term wave 1 and so on
L1 stand for Medium term wave 1 and so on
s1 stand for short term wave 1 and so on
Hello Everyone,
Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles.
Any last minute update will be done on our tradingview live links.
I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas.
Thank you
Medium Term Forecast
Neowaveforecast
Neowave Bank Nifty UpdateDegree full forms-
L1 stand for Long term wave 1 and so on
L1 stand for Medium term wave 1 and so on
s1 stand for short term wave 1 and so on
Hello Everyone,
Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles.
Any last minute update will be done on our tradingview live links.
I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas.
Thank you
Medium Term Forecast
Gold ( Complete Neowave Update)Degree full forms-
L1 stand for Long term wave 1 and so on
L1 stand for Medium term wave 1 and so on
s1 stand for short term wave 1 and so on
Hello Everone,
Welcome to Trading Idea, today we are going to talk about gold in details and with this you will also learn how to trade neowave.
First this as you seen the above one is the medium term forecast or you can see them as map. This should be your trading idea for the next week or 2.
Why should we follow this, because long term forecast is suggesting this. As you can see gold price is still showing some space for correction. See Below
Long Term Forecast-
Apart from this you must be wondering is the below down cycle of S3 is started. so the answer is no. See below short term chart which is suggesting that cycles is still up with the key level of 2009.5
Short Term Forecast-
Also see the intraday cycles of gold-
Note- Explaining video will be updated in an hour.
I hope you are enjoying my forecast, if you love content kindly like and share it and also keep following us for more neowave trading ideas.
Thank you
Gold (Intraday live link)Hello Everyone
This is a beta testing so that you and i understand each other language of price action.
So watch live link and participate in it who wants to do trade with me.
After this we will give you a lot of live links to trade.
kindly msg your queries in private.
Thank You
Live link
in.tradingview.com
is GBP/USD is still bullish ?? Hello everyone
Welcome to forex traders as this forecast is of GBP/USD
Presently you can see price is rising for past few months in a zig zag structure.
Currently we have seen an decline in weekly candle which is an opportunity as price should start moving up again in upcoming days after this correction completed.
Thank You
Make Money with USDJPYHello Everyone
Here is another update from Trading Idea, few days back we have provided forecast of upcoming bullish cycle in USDJPY, so this is just the update of counts of cycle.
If you like the idea, than kindly boost and share it with others and help us.
Also if you have any query than don't hesitate to ask us.
This is the actual Forecast. on 2/08/20223.
State Bank of India ( Neowave Forecast)Hi Everyone
This is our final chart of SBI which consist 10 percentage weightage of Bank NIfty. Already posted HDFC bank and ICICI bank (both consist 60 percentage weightage)
With this you will have proper understanding of current and future directions of banknifty. I will update further when the times come, till than happy hunting.
Thank You.
Nifty Forecast ( Short Term View)In this forecast we are expecting an upword movement as trend is bullish.
So if price moves up after making this ABC structure, we can expect some upword movement in form of 5th wave, otherwise price will hit invalidation level. I will update another wave count after it.
Thank You
Alibaba Group Holdings Ltd Hi Everyone
This is an forecast of Alibaba group Holdings we have completed wave 1 called M1 ( medium term forecast). Time frame for Medium term forecast is usually 2 to 4 weeks.
We are currently in wave M2 which is still progressing but almost in last stage. So price should move downward unless it brakes invalidation Level.
use our tradingview live links for the update in counts.
Thank You
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
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Coming soon features.
1) An Neowave Library
2) Video Updates
3) Education series
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If you new than you need to see our below charts also to understand our Neowave coding style.
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.
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.
Nifty Forecast (Neowave Update)Hi
This is just an continuation update of our previous forecast. So far nothing has been changes in the primary structure, only that wave SC 4 (sc mean short term corrective wave) has been confirmed and most likely we are in wave SC 5.
To understand our detailed view and coding style, plz see our past forecast. You can find the link below in related ideas.
Thank You
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
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






















