Get started

Technique

TATACONSUM: Upcoming Price Surge Projection Timeframe: 4h NSE TATACONSUM has formed a correction on the 4-hour timeframe chart. A closer look at wave A reveals it consists of three distinct waves, indicating it can't be labeled as an impulse. The security has broken below the 50, 100, and 200 EMA, with the Average True Range (ATR) at 15 . Currently, the price is developing wave (iv) of wave C within wave (B). Wave (B) has already reached 100% of wave A, and with bullish sentiment, the price could surge from this point. However, we need confirmation through a breakout of the sub-structure. After wave (B) is completed, traders can use wave (iv) as an entry point to confirm a long setup. Fibonacci clusters indicate potential levels at 1189 - 1246 - 1296. Risky traders entering right after the completion should confirm their position with a lower high. We will provide further updates soon. - KP (Trade Technique)
NSE:TATACONSUM
by Trade-Technique
1
NIFTY - Elliott Wave Outlook Timeframe: Weekly NSE NIFTY began an impulsive move after hitting a low of 15183.4 . Based on the wave count, the price completed wave (5) of wave (3) at 26277.3 and has since started to decline. The price is currently in a wave (4) correction phase. Let’s switch to the daily timeframe for a closer look at the details. Timeframe: Daily On the daily chart with a neckline at 24,750 , we’re observing a bearish head-and-shoulders pattern forming. If the price breaks below this neckline, Nifty could drop significantly, potentially reaching the demand zone or surge point of the pattern. However, if the price fails to break this neckline, it indicates weakness in the bearish momentum, signaling a possible reversal According to the Elliott Wave Principle, if wave 5 is an extended wave, the correction often occurs near sub-wave 2 of the previous impulse, especially if it falls below sub-wave 4. So, 24,570 will be a crucial level for Nifty. We can expect the price to move up by no more than 126% of wave A within the correction. Otherwise, there’s a risk of mistaking wave B for wave 3. Whatever scenario Nifty chooses, it’s better to let Nifty commit to a clear direction before we commit to the market. We will update further information soon.
NSE:NIFTY
by Trade-Technique
7
XAUUSD’s Final Wave Completion – What’s Next?XAUUSD has formed a corrective pattern on the hourly chart, offering a potential breakout setup. The correction has spanned over two weeks, during which the price has frequently crossed the EMAs (50/100/200 ) on the hourly timeframe. Meanwhile, the 20 EMA has consistently acted as solid support on the daily timeframe. The pair has completed its final wave 5 of wave (C) at 2604 and has since started to rise sharply. Currently, XAUUSD faces a strong resistance level at 2670 , which marks the high of wave (B). If the price breaks above 2670 , traders can target the following levels: 2685 - 2715 - 2735 +. If the breakout fails, the correction may continue, as 2670 is the key hurdle for the bulls to overcome. Further updates will follow soon.
OANDA:XAUUSD
by Trade-Technique
1
BTCUSD: Key Levels and Projections Based on Elliott WavesBTCUSD has formed a corrective pattern on the daily timeframe, identified as a W-X-Y structure with seven distinct waves. The price found support at the 200 EMA, reaching a low of 49,57 7 before bouncing back. The sub-waves within this structure are clearly visible, with wave (1) and wave (2) completing at 62,729 and 52,546 respectively. Currently, BTCUSD is encountering strong resistance at the upper boundary of the corrective channel, posing a significant challenge for bullish momentum. Although wave (3) has managed to rise above wave (1), it has not yet confirmed a strong bullish breakout. To establish a decisive upward move, wave (3) needs to hold above wave B and breach the upper boundary of the channel. The breakout can help the price to get 100% of the whole correction. Failure to break out of this resistance zone could result in the corrective structure extending into an X-Z formation, leading to a prolonged consolidation phase. This would suggest more time is needed for the pattern to play out, causing frustration for traders looking for a clear bullish trend. We will provide further updates to our followers soon. - Trade technique by KP
BITSTAMP:BTCUSD
by Trade-Technique
2
Part 1: Option Selling: A Simple Way to Earn Consistent PremiumsWe’ll explore the top 7 option-selling strategies on the NSE (National Stock Exchange) that could help traders target up to 10% monthly returns per Month on their capital. Option selling is an advanced strategy that can generate consistent income, but it’s important to balance high rewards with the right risk management. Whether you are new to options or an experienced trader, this guide will provide an overview of each strategy, rated based on its risk, reward, and suitability for achieving your financial goals. Option Selling on NSE: A Simple Way to Earn Consistent Premiums Introduction Option selling is a great way to make steady income on the NSE. Instead of waiting for big market moves, you can sell options and collect premium upfront. It’s a strategy that benefits from time decay, meaning the longer the option sits without action, the more money you can make. Let’s break down why it works and why traders love it on the NSE. What is Option Selling? When you sell an option, you’re giving someone the right to buy or sell an asset at a specific price. In return, you get paid a premium upfront. As long as the market stays within a certain range, you keep that money. Selling a Call: You profit if the price stays below a certain level. Selling a Put: You profit if the price stays above a certain level. It’s simple – the less the market moves, the more you earn. Why Traders Choose Option Selling 1. Immediate Income You get paid right away when you sell an option. No waiting for market moves, just steady income. 2. Time is Your Friend As time passes, options lose value due to time decay. This works in your favor as a seller, since the option becomes less likely to be exercised. 3. High Win Rate You don’t need big price moves. As long as the market stays within a range, you win. 4. Control Risk with Spreads You can limit your risk by using spreads, where you buy another option to protect yourself if the market moves too much. Why the NSE is Ideal for Option Selling: High Liquidity: Options like Nifty and Bank Nifty have a lot of buyers and sellers, so trades are easy to make.Low Capital Requirement: You need less money to sell options on the NSE compared to other strategies.Risk Control: With the wide variety of options, you can set up trades that limit your risk.
NSE:BANKNIFTYEducation
by Trade-Technique
3
ABC Pattern- Optimal Entry TechniquesHi, This idea is about the very promising ABC pattern and the most optimal ways to enter into this pattern. ✅ABC Pattern This is considered as a continuation pattern. There has to be a strong trend up/down in the background. Wave A: Minor correction against larger trend, usually not more than 5-10% Wave B: Another attempt to push the price higher but could not break the previous highs Wave C: breaks the low A but has less momentum than wave A. Weak stops are taken below A I am presenting four techniques of entering into this pattern, in the anticipation of a continuation of the prevailing trend. The techniques used, however, depend upon the traders' appetite and temperament. Let's start.. ✅Minimum Risk Entry >The entry point is near the low C >C should have less momentum than A >Price barely breaks the low A >There are wicks at the low of Candles at C >Stop is placed under the low of C, so less risk more reward potential ✅Confirmed Entry >Entry is at the break of swing high B >The price makes a higher-high so structural change is confirmed >The break often comes with good volumes & strong closing candles >SL under C is wider than 1 in this case >This technique is used when, in wave C, there are few weak candle closings below A ✅Trendline Entry >Entry is at the break of TL >The break often comes with good volumes & strong closing candles >SL is wider than 1 but lesser than 2. So less riskier >This technique is used when, in wave C, there are few weak candle closings below A ✅ABC-W Entry >A unique entry technique >The price breaks deeply below B and then retests at W >At this point it seems that price will continue down but >The price could not hold down and again breaks out of W, giving us a breakdown failure entry >You would see a usually sharper continuations as many traders, who entered short positions, would start exiting in a hurry Stop loss in all the cases is placed under the low of wave C and trailed as per traders' time horizon. These are relatively small corrective patterns so you can expect sharp continuations and take targets measured equal to the strong impulsive move in the background. I hope it was useful. Thanks for reading. @Bravetotrade
NSE:NIFTYEducation
by Bravetotrade
36
Awaiting Triangle Thrust in SRF.Getting started with today's real-time research, I'm going to talk little bit about triangle types and its position. If you are calling from my recent posts, I has written various type of Triangles: 1. Contracting triangle, Expanding triangle, and Barrier triangle . I'm going to be showing you a technique called a triangle thrust measurement technique and gonna be utilized to identify a high probability target. The Triangles are limited in where they can from by themself at wave 4, Wave X and Wave B and rarely wave 2. Protective Stop, Critical Resistance and Failed Pattern:- Only word of caution with respect to this pattern in this market at this time that prices have yet to get below extreme of wave "D". On an hourly closing basis being the case, that means we can actually see maybe another move to the upward OR a more time consuming wave "E" OR wave "E" itself can actually form into a triangle. Therefore, until the price actually get below the extreme of wave "D" on an hourly closing basis. You need to do is simply view this point right here in the extreme of wave "C" as are critical support level for this interpretation. Whenever the price close above critical support, it means simple I'm wrong . But, the price would come below extreme of wave "D" on a hourly basis that would provide very strongest evidence for this pattern is indeed to complete. And, then the price is going to see a thrust. Thrust Measurement Technique: At the origin of the move for ABCDE triangle or simply taking the widest portion of the triangle in measuring it. In this real-time instance, expecting trust measurement move is approximately at 2226 downside from the extreme of wave E. Trade-Setup: I'll divide the "Trade-Setup" into two portion, one for Aggressive Trader and other for Safe-Trader. The safe trader can take action after breaking down wave "D" on basis that means after revealing the evidence of thrust move. An aggressive trader can act at or nearby "Critical Support" in advance. Yes, absolutely traders can create their position at these both trade-setup. Best of Luck.
NSE:SRFShort
by Trade-Technique
17
Research report: flat correction (real-time) - Support Zone.In this " Research Report " we're going to be looking at the "Flat correction". As you know, with respect to the Wave Principle, there are three types of Corrections. 1. Zigzag 2. Flat and, 3, Triangle We're going to examine the Flat now. The first thing that's important about this pattern here is being able to identify its characteristics. First is, its substructure. What I'm referring to is if you notice within "A" wave, we have three waves ((A)), ((B)) and ((C)). Then, also within "B" wave be 3 more waves, ((A)), ((B)) and ((C)). These waves are labelled "A", "B", "C" and, then that followed by a 5 wave move 1,2,3,4 and 5 which is an impulse wave and sometimes an ending diagonal bottom line. The pattern is referred to as a 3-3-5 pattern. That's one characteristic of the structure. Another characteristic of the structure is that wave "B" at or near the origin wave "A". The wave " C" is at or near extreme wave A. In rare instances, the wave "B" is surpass origin of wave "A" which is referred as an "Expanded Flat". But we're not talking about "Expanded flat" right now. Now the next thing I would like to show you with respect this pattern. Here's a price chart of HCLTECH which real time price chart rather than utilizing diagram. This is what I see when I label price chart three ways in A, B & C and wave "B" is near Origin wave "A" which dawned blue line.Okay.Next, For HCLTECH, impulse wave "C" which ends at or near the extreme wave "A". In this instance we actually went a little bit lower , typically with respect to wave. The relationships have either wave C=A or 1.382 multiples of wave are very acceptable. wave C = 1.382 of wave A, at 963 C = wave A, at 1073 Next we also need to take a look at Art of correct "Price Channel". How do we actually draw the trend lines that consists or make up the correct price channel whenever you're working with a flat correction? Very simply, you begin with the at the origin wave "A" to the extreme of sub-wave 2 of "C" and then take a parallel of that line of the extreme wave "A". Notice how in HCLTECH identifies nice trend line support for the extreme of Waves C.
NSE:HCLTECHEducation
by Trade-Technique
44
How to use "Channel Tool" on the Price Chart and its technique?On the price chart can be draw in parallel lines. For example, prices come right in front of you. If this is accurate and if I call the channel of the true value you draw. No, see if it is contained by parallel lines. It is a reasonable price, the price of the action counter train is contained by the action parallel mind, so if the price action is not contained by the parallel lines by default. For example, let's look at an impulsive structure. Here we have Waves 12345, just an excellent Elliot Wave Impulse move. Now let's look at it from the channeling technique. The first thing we want to do Pull back when I call the "Base channel" and it will be this channel here. We start from the origin of wave 1 to the extreme of wave 2 and then take it to parallel to the extreme line of wave 1. The move at this point. We now believe in clarity that we are rallying in the third wave step. Next channel. Whenever there is a lower boundary line on acceleration for the importance of acceleration channel I will call the "Acceleration Channel" which you draw from the extreme of wave 3 to the extreme of wave 3. The channel entered into its signals and confirmed that there were the wave 3 is complete. And, the wave 4 is under way. At that point, we draw a "Deceleration Channel" that defines the parameter of the wave 4. if we go back and look at the base channel, what I found out using this technique is that the trend line that forms the base channel often provides support for the wave 4 and then ends at the break of the boundary line above it. Wait until the correct price channel is on the bearish channel. Then we look at 5 ways to develop an idea. If you have three waves it is very easy, you argue that you can usually only draw one price channel and that is the signal on the price move. If your check is a counter-turn price move if you watch 5 waves, you should be able to draw 3 clear channels on it. So 3 waves, one channel, 5 waves, 3 channels. Well, now that I look at this price chart, well, what do you have? There is a move upwards, which is contained in parallel lines. It's a counter-train move. Thus we can expect more than to withdraw completely. Now go to the downside. Best of luck. Regards, Chitroda Dharmik.
NSE:RELIANCEEducation
by ChitrodaDharmik8090
36