Wave analysis is based on the notion that markets follow specific patterns called waves which are the result of a natural rhythm of crowd psychology that exists in all markets. There are several advanced wave theories. The essence of Elliott waves is that prices alternate between impulsive phases that establish the trend and corrective phases that retrace the trend. In their most basic and straightforward form, impulses contain 5 lower degree waves and corrections contain 3 lower degree waves. NeoWave theory is an expansion of Elliott Wave concepts, with the goal to reduce subjectivity.
Wolfe wave patterns contain 5 waves where the first 4 define a wedge and the last extends beyond this wedge. This last wave is usually traded and its length can be predicted based on prior waves. The Kondratieff Wave, also known as K-wave or long wave, is a cycle-like phenomenon affecting all markets. These waves can last between 45 to 60 years. TradingView has several smart Elliott Wave drawing tools that allow users to identify impulse and correction waves on the charts and label them in any of 15 degrees.
Note & Risk Disclaimer
Note
Regional Idea hence hindi used in the text.
DIsclaimer
Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks and options may fluctuate, and, as a result, clients may lose more than their original investment.
Why this happened - A cycle got ...
I am looking this could be the next move , its not going to be a big pull back , it will be very weak and back & forth on smaller time frame
you might see high movement in smaller time frame due to fear of Market Further Crash
Look for sell on rise method , its not wise to go long on such pull back
Wave 3 was completed, now in the correction phase. The Wave 4 will end at 50% retracement of Wave 3.
Can setup short selling trade for the 1135 target.
Good Buying opportunity at 1135 level for Long term.
Now Titan Failed to Move up in last 3 week and broke down , this could lead one last push before heading for Major down trend , those who stuck can look to Get out form Position and take a short selling on reversal daily basis
One can Look for Going Long on Daily Reversal candle ,
1st Let daily candle to form
2nd let the High of the candle to brake and pull back
3rd enter on pull back reversal on 1 Hour , and place the stop below the reversal candle low
Ride the stock for next possible target
Hello Readers,
Good Morning!
10:18 Hrs - 11th Sep 2018
Last Price@11425
Nifty has support in 11400-11420 zone which could act as bouncing pad & we look for upside target of 11525-11550 zone
We buy in the first trading session & sell later with Anti Gartley Pattern in the zone 11525-11550 - "if Nifty faces resistance & downside target back to 11450- 11400 & ...
This is what i am looking in this scrip , by next week this might complete this small correction and reverse for One more Move Up
Look for set up in case you want to add shorts in Futures
19:25 Hrs 17th Sep 2018
Last Price@1205.5
Important Resistance Zone - 1205 -1210 $
Since 2016 lows at 1045$, it has been moving in choppy fashion sideways and we are looking for higher moves next on long term basis – target zone of 1350-1375 which could be plausible within time period of 7-9 months ahead.
Short Term Strategy-
07:45 Hrs 17th Sep ...
A good setup for a possible buy trade is developing in DenaBank..
My analysis is purely on the basis of Wave analysis, Patterns and Fibs..
Will update as it unfolds..
Correction is completed and there is trend reversal observed on the weekly chart.
In current week 1st wave of new cycles is finished and there are chances of small correction and then the 3rd wave will start.
19:35 Hrs 30th Aug 2018
Last Price@11676
Note - Any move above 11700 - Sellers should be careful
As updated in last published idea on 22nd March 2017 mentioned below- Going & staying below 8968 we would have gone into big correction but thanks it was not triggered & It had awesome run upside to present highs of 11760.
Taking The Count Shown - Keep in mind ...
09:38 Hrs 18th Sep 2018
Last Price@123.50
As suggested last in short term strategy - Let us go into flashback
Short Term Trading /Deposits -14th Aug 2018
Holding 138-141 on downside which is critical zone & key zone 144.50-145.50 - all the deposits made at 144.50 likely could mature close to 160-161 zone & above 162 for 165 -finally above 165 to 170. ...
This is what the experienced analyst do , and what differ form retail inexperienced traders , how to get the confirmation
its easy and simple only if you understand the direction of the trend and ongoing trend along the side wave count ,
it does not matter what kind of label you do its purely matter weather you have confirmation of your analysis , and this ...
