Considering we have uncertain times and the chart's formation is also not providing clear direction of where the market seems to probably trend, we will go step by step and try to decode what market is forming on 15 Mins TF this week. As of end of market today, we have the following chart formation available. As per Elliott principle, we have 12345 completed from...
Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? --------------------------------------------------------------------------------------------- Overview: The Nifty Index is...
Asian paints Looks like bottoming out. ADX about to get a positive divergence and already fell from 50 level RSI above 50 BUY on dips with a SL of 2770, for the target of 3040 and 3230 CHART & ANALYSIS ADARSH DEY
It seems Monthly Supply zone is broken (the big red bar from left is 1-M Supply Zone broken in style). Now, on Weekly/Daily chart, the Elliott Wave Model applied is as shown. We are in great extended 5th wave. If price still continues to make higher lows and higher highs then 5th wave end possibilities are also as shown in the chart. However, for those who haven't...
Reliance spot at 2600 Weekly time frame Horizontal resistance as per previous life high levels, from where counter have changed trend in past, Bearish wolf wave or wedge can also be considered as per formation. Need to keep close watch on price action on daily time frame, if counter is not able to breakout and sustain above life high levels, can retrace around...
Hopefully this is correct Wolf wave on Amzn though BO came at 120 still 155 is imp level to cross
Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Symmetric Triangle 📌 Symbol/Asset: ASIANPAINT 🔍 Description: Stock is in a pattern formation. Support is around 2850-2900 and we can see huge upside after breakout of the resistance. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
chart is in uptrnd . we can take entry here by taking small stoploss Disclaimer:- Invest at your own risk,, i am not register with Sebi.. This chart is according to my technical analysis which i learnt from past years
In this chart we clearly see that one impulse wave is over ..we can see one big bullish uptrend on upcoming month. It is great stock for swing trading with minimum stoploss .. Disclaimer:- Invest at your own risk,, i am not register with Sebi.. This chart is according to my technical analysis which i learnt from past years
Two Bearish Wolfe Wave in Ultratech Cement. Time period - Weekly Pattern invalid Above 7708 on closing basis Let's wait ........
Bullish WW Pattern in CDSL Time Period - Daily Invalid below 880 Buy Right , Sit TIGHT Patience...…..
Bullish Wolfe Wave Pattern in weekly chart Time Frame - Weekly Double bottom near 26.50 levels Invalid below 26 Buy Right, Sit Tight
- Horizontal Trend line support at 5200 levels. - Clear Bullish Wolfe wave setup - Pharma and Health care sector is picking up momentum, indicating sectoral rotation
Great chart for swing trading .. minimum stoploss Invest at your own risk,, i am not register with Sebi.. This chart is according to my technical analysis which i learnt from past years
Elliott Wave Analysis:- In Correction wave a) wave took place and for retracement b) wave and still a little more correction was pending it seems to be. and the fall is expected from there. i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my...
This has a 2 wave formation in impulse. Either the 4th wave had irregular running flat the 5th wave had completed. If the 4th wave had triangle then the 1st wave in major 5th wave had completed and 2nd minor retracement had just over and getting ready for the 3rd minor ave in 5th major wave.
Elliott Wave Analysis:- View 1:- A fall was completed an impulse 1st wave seems to be completed and an correction 2nd wave seems to the impulse was taking place. If the high 18.85 was not broken then the previous low 8.50 have to break and we can accumulate around 5-7. which will be a safe bet. It has 70% govt holdings. only reason to touch this chart. if...
NIFTY 50 a or 1 down side done corrective a forming A-1-2-3- and 4 running 5 is pennding wave 4 high degr breack then A or 1 is conferm