Bharti Airtel has finished Wave 5 according to the Elliot Wave Theory and is poised for a correction. We're currently anticipating a strong follow-up candle to the recent Lower High (Spinning Top Candle), which could signify a trend reversal.
ADDITIONALLY, ENDING DIAGONAL TRAIANGLE CAN ALSO BE SEEN.
Lumax Auto Technologies Ltd.: Navigating the Waves of Automotive Excellence
Let's dive into the world of Lumax Auto Technologies Ltd., a stalwart in the realm of automotive components.
About Lumax Auto Technologies:
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A Global Auto-Tech Innovator with Elliott Wave Insights
Let's delve into Sona Comstar, a global player in automotive systems and components. The company operates across India, China, Mexico, and the USA.
About Sona Comstar
Sona Comstar is an automotive technology powerhouse, crafting highly engineered systems and components. They supply vital parts like...
NSE:NIFTY reached near its All Time High 19000, peoples are talking about big fall but here the view seems different to me, As per my Elliott wave study and my counting on it which can differ with every EWT user above is my shared view, please look carefully & have a happy trading
here are some points to take in consideration.
1] Price is still in channel. also...
NSE:COFORGE is showing two HH beakout and already Wave-5 sets in in 15m chart.
The cool part is: price is just crossing a nice consolidation rectangle with the ever increasing volume build up.
Also see how the uptrend line is beautifully panning out (green line). The immediate support line is at 4200 (green dotted line).
Trade: Buy little dip around 4230, SL:...
INFY is going down in Channel expecting wave 5 to go near 1354 & then 1278. if the price breaks the invalidation level (1465) then the whole markings are invalid.
NSE:SRTRANSFIN is in wave 5 of larger degree and also in smaller degree. more possibility of going bullish, safe entry after breakout of ending diagonal.
As per above Chart analysis possibility of ending wave 4 which was complex wave WXY, now it can continue it's uptrend in wave 5 which can extend till 0.786 fibo ratio.
Given the current Impulsive progression to the downside, RBL Bank looks all set to make a move lower than 111 level as what looks to be Wave 5 in the progression.
Further on the move seems to be having support from the Indices which are themselves showing weakness.
Jubliant foodworks has started upward rally can go min 15% till 681.95 or can go beyond it, till 780 2nd Tr. here minor wave 5 has started in which minute wave 3 is going on.
Note - before taking trade please do your own Research above shared views are for educational purpose.
Nifty is in 5th wave (drawn in orange).
Nifty completed all 4 waves fully and have taken the last wave which should move it to 15500-15800 level.
Nifty should reach this level somewhere in between May 09 and June 06 2022.
Inside wave of this 5th wave is drawn in blue. As per that the current upmove of Nifty should take it to 17400-17460 and then the decline...
Follow Blue count Wave (1) Leading was made when recovering from Mar 2020 low we are currently in wave (3) which is extended and still in progress.
Follow Orange count Five moves started in Oct-Nov 2020 which triggered massive rally wave (iii) extended nearly 261.8% of wave (i).
It came to end at ATH 15432 then this whole (i) to (v) wave sequence got corrected...
BSE seems to have completed Wave 4 correction and might be attempting for Wave 5. I have placed my thesis here. Invalidation level is 535 and we can expect 680-725 levels as Wave 5 TGTs
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgement while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisor before...
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of...
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of...
