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Wave Analysis

NIFTY : Trading levels and plan for 02-Sep-2025NIFTY TRADING PLAN – 02-Sep-2025 📌 Key Levels to Watch : Opening Support/Resistance Zone (No Trade Zone): 24,593 – 24,640 Last Resistance for Intraday: 24,744 – 24,785 Major Resistance Above: 24,993 Opening Support: 24,519 Last Intraday Support: 24,453 Major Support Below: 24,342 These levels will guide intraday directional moves. Traders must be patient around the “No Trade Zone” as it may create false signals. 🔼 1. Gap-Up Opening (100+ points above 24,640) If Nifty opens above the Opening Resistance Zone, bulls will attempt to extend the upside move. 📌 Plan of Action : Sustaining above 24,744 – 24,785 will open the path towards 24,993 where major profit booking can be expected. If Nifty opens higher but fails to sustain above 24,640 and slips back into the zone, sideways consolidation or selling pressure may develop. Conservative traders should wait for a retest of the zone before taking fresh positions. 👉 Educational Note: Gap-ups often trap late buyers. Let the first 30 minutes settle before deciding direction. ➖ 2. Flat Opening (Around 24,593 – 24,640) If Nifty opens flat in the No Trade Zone, the best approach is to stay cautious. 📌 Plan of Action : Avoid trades directly inside the No Trade Zone to prevent getting caught in whipsaws. A breakout above 24,640 can extend the move towards 24,744 – 24,785. A breakdown below 24,593 will shift focus towards 24,519 (opening support). 👉 Educational Note: Flat openings are tricky — discipline and patience are more important than quick entries. 🔽 3. Gap-Down Opening (100+ points below 24,519) If Nifty opens lower, sellers will likely test supports quickly. 📌 Plan of Action : A gap-down below 24,519 will expose the market to test 24,453 (last intraday support). If this zone breaks, expect a further slide towards 24,342, where intraday pullback attempts may emerge. Buyers should look for confirmation candles before entering reversal trades in such volatile conditions. 👉 Educational Note: Gap-downs create emotional panic. Avoid chasing puts at lows — instead, plan trades around pullbacks into resistance. 🛡️ Risk Management Tips for Options Traders Always use a strict stop loss (preferably hourly close basis). Risk only 1–2% of total capital on a single trade. Avoid trading inside the No Trade Zone (24,593 – 24,640). Consider using spreads (Bull Call/Bear Put) to control premium decay. Exit partially at nearby resistance/support zones to secure profits. 📌 Summary & Conclusion 🟢 Above 24,785 → Upside momentum towards 24,993 possible . 🟧 Flat Opening → Avoid trades in 24,593 – 24,640 zone, wait for breakout/breakdown . 🔴 Below 24,519 → Weakness towards 24,453 and possibly 24,342 . ⚠️ Key Battle Zone: 24,593 – 24,640 (No Trade Zone). ⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is shared purely for educational purposes and should not be considered investment advice. Please consult your financial advisor before trading.
NSE:NIFTYLong
by LiveTradingBox
BANKNIFTY : Trading levels and plan for 02-Sep-2025BANK NIFTY TRADING PLAN – 02-Sep-2025 📌 Key Levels to Watch : No Trade Zone (Opening Support/Resistance): 53,985 – 54,094 Last Intraday Resistance: 54,211 Major Resistance Above: 54,432 Opening Support: 53,809 Last Intraday Support: 53,694 These levels act as reaction points where traders should expect volatility and directional cues. 🔼 1. Gap-Up Opening (200+ points above 54,094) If Bank Nifty opens significantly above the No Trade Zone, bulls may attempt to take control. 📌 Plan of Action : Sustaining above 54,211 (last intraday resistance) can trigger further momentum. The next upside target will be 54,432, where profit booking pressure could arise. If price fails to sustain above 54,094 and slips back into the No Trade Zone, expect consolidation and choppy action. 👉 Educational Note: Gap-up openings often result in high option premiums. Instead of chasing, wait for a retest of support or consolidation before entering directional trades. ➖ 2. Flat Opening (Around 53,950 – 54,050) If the market opens flat within the No Trade Zone (53,985 – 54,094), traders must exercise patience. 📌 Plan of Action : Avoid trading immediately in the No Trade Zone as false signals are common. A breakout above 54,094 with strong volume may lead to a move towards 54,211 – 54,432. A breakdown below 53,985 will shift focus towards 53,809 (opening support). 👉 Educational Note: Flat openings are best approached with discipline. Let the market give clear confirmation before committing to a direction. 🔽 3. Gap-Down Opening (200+ points below 53,809) If Bank Nifty opens lower, it will test key supports quickly. 📌 Plan of Action : A gap-down below 53,809 directly exposes the market to test 53,694 (last intraday support). Buyers may attempt a pullback from 53,694, making it a possible intraday reversal zone. A decisive break below 53,694 will weaken sentiment further and can accelerate downside momentum. 👉 Educational Note: Gap-downs create panic moves. Avoid chasing shorts at lows; instead, look for pullbacks to resistance zones to enter with better risk/reward. 🛡️ Risk Management Tips for Options Traders Always trade with a defined stop loss based on hourly close. Risk only 1–2% of capital per trade. Use option spreads (like Bull Call or Bear Put) instead of naked buying in volatile markets. Scale out of trades at important resistance/support zones. Avoid trading within the No Trade Zone (53,985 – 54,094) where whipsaws are likely. 📌 Summary & Conclusion 🟢 Above 54,211 → Upside momentum towards 54,432 possible . 🟧 Flat Opening → Avoid trades in 53,985 – 54,094 (No Trade Zone), wait for breakout/breakdown . 🔴 Below 53,809 → Weakness towards 53,694; below that, expect further downside . ⚠️ Key Battle Zone: 53,985 – 54,094 (No Trade Zone). ⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is shared purely for educational purposes and should not be considered as investment advice. Please consult your financial advisor before trading.
NSE:BANKNIFTYLong
by LiveTradingBox
1
BTC/USDT – Elliott Wave Structure with BOS ConfirmationBTC/USDT – Elliott Wave Structure with BOS Confirmation On the 2H timeframe, Bitcoin is showing a clear Elliott Wave corrective pattern: Wave A → B → C → D completed BOS (Break of Structure) confirms a potential shift towards a bullish reversal. Price is consolidating near the $108,800 level, preparing for a possible move towards the Wave E target zone. Key Observations: Momentum indicators showing a potential bullish divergence. Holding above the $108,000 support zone strengthens the bullish outlook. Next resistance levels are at $110,000 – $112,000. Trade Idea: Entry: Around $108,800 (confirmation on bullish candle close) Target Levels: TP1: $110,500 TP2: $112,000 Stop Loss: Below $107,500 to manage risk. Bias: Bullish as long as price sustains above the recent Wave D low. Would you like me to include Fibonacci retracement levels in this description for more technical depth? ChatGPT can make mistakes. Check important info. See Cookie
Long
by Dinesh_Kryptonian
USD/JPY – Bearish Setup (H-Pattern Formation)USD/JPY – Bearish Setup (H-Pattern Formation) The USD/JPY pair is currently forming a classic bearish "h" continuation pattern, indicating potential downside momentum. Key Highlights: Price action is consolidating near the 147.400 liquidity zone after a strong bearish impulse. The pattern shows lower highs and a flat support area, a sign of weak bullish momentum and possible breakdown. Liquidity grab in the upper zone suggests sellers are ready to push the price lower. Trade Idea: Entry: Near 147.200 – 147.400 (confirmation on rejection candles or bearish engulfing patterns) Target Levels: TP1: 146.800 TP2: 146.600 Stop Loss: Above 147.500 (to protect against false breakouts) Bias: Strongly bearish as long as the price stays below 147.500. Watch for momentum confirmation before entering.
Short
by Dinesh_Kryptonian
BSE Ltd – Corrective W–X–Y In ProgressThe previous impulsive wave topped at ₹3030, marking an all-time high. Since then, the structure has unfolded as a W–X–Y corrective double three. The market is now progressing within Wave Y, with Wave (a) already driving price down to ₹2090. For Wave (b), watch for price rejection either at the midline of the channel or the upper boundary. A rejection from these levels should lead Wave (c) lower, targeting the 0.5–0.618 retracement zone between ₹2128 and ₹1915, where Wave Y may complete. RSI is oversold and continues to print lower lows, showing no bullish divergence yet — momentum still favors the bears. Bearish invalidation sits at ₹2550 — any sustained move above this would negate the immediate bearish view. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:BSEShort
by WaveXplorer
1
Planetary influences on Time Cycle (in NIFTY)Let's take a look at the Nifty chat, what effect did we see on the time cycle from last September 30, 2024? We found a 46-day time cycle that completed from September 30th to December 5th, 2024. A lower peak is found from a higher peak.Most of us know that the 46-day cycle in neurology is One(1).Let's use the Fib Time Tool once.I marked the high & low of each candlestick for the next 46 days.Not a strange thing.Each, candle is highlighting a specific point. This is called Magical Candy, which has strangely created support and resistance on the chart. Can you imagine? You all witnessed the incident. Let's try to understand the connection between planets and the time cycle. Time cycle is a very interesting subject. You can make time cycle chart and I will try to give you its own peculiarities and connection with astrology. So that you can understand in detail, then you will understand that each stock sector is associated with a planetary energy. Planets are believed to affect specific sectors of the stock market in the following manner based on their energy and characteristics. Surya (Sun): Number 1 Sector: Nifty, PSUs, Pharmaceuticals, Agriculture Stocks Reason: Sun is considered as the king of planets, which symbolizes authority/government. Moon (Moon): Number 2 Sector: Shipping, Water-related industries, Dairy, Food Processing and Silver Products Reason: Moon rules emotions, instincts and water, affects sectors like shipping and industries related to liquids or consumer goods. Its subtle influence also affects human behavior, affecting the sentiments of the market. Jupiter (Guru): House No. 3: Banking, Finance, all NBFCs, Medicines, Gold, Brass, Yellow Food Grains (e.g. Wheat, Pulses, Turmeric) and Commodities. PSU Bank ( Sun + Jupiter) Reason: Jupiter symbolizes wealth, prosperity and growth, which makes it an important planet for industries related to finance, precious metals and abundance. I think all pharmaceutical companies should be attracted to Jupiter as Jupiter is the healing planet. Rahu: House No. 4: Software, Airlines, Drugs, Liquor and Cigarettes, Technology, and he is the patron planet of all speculative ventures. Reason: Rahu symbolizes everything modern. New age, revolutionary. Rahu is associated with sudden changes, innovations and unconventional fields, which makes it significant for technology-driven and high-risk fields. Great Rahu is also the factor of stock exchange. Mercury (Mercury): House number 5: Business, telecommunications, information technology, media, brokerage and commission business, and education, publishing, Reason: Mercury denotes any business activity, governs intellect, communication and trade, which makes it dominant for fields requiring analytical skills, technology and information exchange. Venus (Venus): House number 6: Luxury goods, cosmetics, entertainment, sugar, rice and chemicals. Reason: Venus represents beauty, luxury, jewelry and sweetness, which is compatible with industries related to aesthetics, pleasure and consumer goods. Ketu: House number 7: Spiritual or specialized fields, alternative energy and research-based industries. Reason: Ketu is associated with detachment and unconventional insight, influencing fields involving innovation or non-materialistic pursuits. Saturn (Saturn): House number 8: Iron, steel, oil, gas, mining and heavy engineering industries. Reason: Saturn represents discipline, structure, and hard work, which influences sectors involving raw materials, labor-intensive processes, and long-term investments. Saturn also rules petroleum and mineral oil (Moon + Saturn conjunction). Mars (Mars): Sector 9: Real estate, construction, defense, and engineering and electricity. Reason: Mars is associated with energy, action, and land, which makes it relevant for real estate and industries involving physical infrastructure or conflict. Hopefully this short article will give you a basic idea of ​​the planet’s portfolio. to be continued........
NSE:NIFTY
by askbiswanath2025
5
IREDA – Support Zone in Focus During Wave 2The rally from ₹50 → ₹310 unfolded in a clean 5-wave impulse, marking the completion of Wave 1. Since then, the decline has been unfolding as a W–X–Y correction , currently progressing inside Wave 2. The ongoing drop is an unfinished Wave (a), projected toward the support cluster around ₹123–110 . This area coincides with the 100% extension of the internal Wave 4 and prior structural support. Once tested, a corrective Wave (b) bounce may follow, before one final dip in Wave (c) completes Wave Y of 2. A potential double bottom formation near ₹110 cannot be ruled out, which could set the stage for the powerful Wave 3 rally. Bearish invalidation remains at ₹186.58. Trade Plan Bias: Bearish until Wave Y of 2 completes Entry Zone: Relief rallies into resistances (watch for rejection signs) Watch for: A corrective Wave (b) bounce, followed by one final leg down in Wave (c) Stop-loss: Close above ₹186.58 (bearish invalidation) Target: Support cluster at ₹123–110, with possible extension into a double bottom near ₹110 Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:IREDAShort
by WaveXplorer
Divergence SecretsHow Options Work in Real Life Imagine buying insurance: You pay a premium to the insurance company. If an accident happens, you claim and get compensated. If nothing happens, your premium is lost. Options work the same way: Premium = Insurance cost. Strike Price = Insured value. Expiry Date = Policy end date. So, options are like insurance policies for traders! Why Trade Options? (Advantages) Leverage: Small capital can control a large position. Flexibility: Profit in bullish, bearish, or sideways markets. Hedging: Protects portfolio from big losses. Defined Risk for Buyers: You only lose the premium paid. Income Generation: Sellers earn premium regularly.
NSE:TATASTEELEducation
by SkyTradingZone
6
Gold jumps to $3,490 as US court ruling invalidates Trump tariffRate Cut Expectations Boost Gold to $3490. Dollar Index Retests 97.50. US Court Invalidates Trump Tariff. Global Central Banks Step Up Gold Purchases. Markets Await Nonfarm Payrolls. Fundamental drivers With the beginning of 1st trading day of September, Gold witnessed strong buying rush as rising expectations of rate cut by Fed pushed Dollar index to 97.50 adding tailwinds to Gold rallying all the way to $3490, only $10 short of record $3500. A US court ruling has invalidated trade tariffs imposed by the US president Donald Trump which increases political uncertainty as Trump's egoistic ambitions to control the Fed's independence creates deadlock. The world watches SCO where India, Russia, China meet to discuss cooperation signalling a paradigm shift for dollar hegemony. Macro risks and safe haven buying are boosting Gold rush for safety against global economic uncertainties. Technical drivers 4 hourly 14 period RSI reading 80 reaches overbought territory and indicates presence of bulls and any pullback towards support zone is attracting buyers for further rally. Price action shows sideways trades with consolidation below $3490 high and upcoming sessions may witness a retracement to local demand area $3454-$3447 where buying is likely to resume for another leg up. If the metal breaks below $3454-$3447, look for further retracement towards $3436-$3428 below which next support sits at $3415-$3405 which aligns with horizontal breakout zone and turning point. On the higher side, consolidated break above $3490 will signal retest of $3500 record high and a break above the psychological zone $3500 opens the way for bullish extension to triangular breakout targets $3545 followed by $3568.
OANDA:XAUUSDShort
by SunilKumarDixitSKCharting
Spot Gold, Door Open for $3800, Need Patience.Spot #Gold, Door Open for $3800, Need Patience. (Any Panic Buy on Dips). Gold’s price broke through an important level at $3,450, which experts call a “symmetrical triangle pattern.” This is a sign that gold might keep going up, continuing a trend that started earlier this year. After a strong two-month rise starting in February, gold took a break but now seems ready to climb again. Some experts think gold could reach $3,600 or even $3,800 soon, which would beat its previous high of $3,500 from April 22.
FXOPEN:XAUUSDLong
by Neal_Bhai
7
Difference Between Shares & Mutual Funds1. Introduction Investing is one of the most powerful ways to grow wealth. However, beginners often get confused about where to invest – should they directly buy shares of a company, or should they put money into mutual funds? Both are popular investment vehicles in India and worldwide, but they work very differently. Shares represent direct ownership in a company, while mutual funds represent indirect ownership, where a professional fund manager pools money from many investors and invests in shares, bonds, or other securities on their behalf. Understanding the difference between the two is crucial because your choice will depend on your risk appetite, knowledge, investment horizon, and financial goals. In this article, we will deeply explore the differences between shares and mutual funds in simple, human-friendly language. 2. What are Shares? Definition: A share is a unit of ownership in a company. When you buy shares of a company, you become a shareholder, which means you own a small portion of that company. Example: If a company issues 1,00,000 shares and you buy 1,000 of them, you own 1% of the company. Key Features of Shares: Direct Ownership – You directly hold a piece of the company. Voting Rights – Shareholders often get voting rights in company decisions. Dividends – Companies may share profits with shareholders in the form of dividends. Capital Appreciation – If the company grows, the value of your shares rises. Types of Shares: Equity Shares – Regular shares with ownership and voting rights. Preference Shares – Fixed dividend, but limited voting rights. Example: Suppose you buy shares of Reliance Industries. If Reliance grows, launches new businesses, and earns higher profits, the value of your shares may increase from ₹2,500 to ₹3,500, giving you a good return. But if Reliance faces losses, the share price may fall, and you can lose money. Thus, shares are high-risk, high-reward investments. 3. What are Mutual Funds? Definition: A mutual fund is an investment vehicle that collects money from many investors and invests it in a diversified portfolio of shares, bonds, or other assets. A professional fund manager decides where to invest, so you don’t have to pick individual stocks. Key Features of Mutual Funds: Indirect Ownership – You don’t directly own shares of companies; you own units of the mutual fund. Diversification – Money is spread across many securities, reducing risk. Professional Management – Experts manage your money. Liquidity – You can redeem your units anytime (except in lock-in funds like ELSS). Types of Mutual Funds: Equity Mutual Funds – Invest mainly in company shares. Debt Mutual Funds – Invest in bonds and fixed-income securities. Hybrid Funds – Invest in a mix of equity and debt. Index Funds – Simply track an index like Nifty 50. Example: Suppose you invest ₹50,000 in an HDFC Equity Mutual Fund. That money may get spread across 30–50 different stocks like Infosys, TCS, HDFC Bank, Reliance, etc. Even if one stock falls, the other stocks may balance it out. Thus, mutual funds are moderate-risk, managed investments suitable for beginners. 4. Key Differences Between Shares & Mutual Funds Feature Shares Mutual Funds Ownership Direct ownership in a company Indirect ownership through fund units Risk High (depends on single company) Lower (diversified portfolio) Returns High potential but uncertain Moderate and stable Management Self-managed (you decide) Professionally managed Cost Brokerage + Demat charges Expense ratio (1–2%) Liquidity High (buy/sell anytime in market hours) High (redeem units, except in lock-in) Taxation Capital gains tax Capital gains tax, indexation benefit on debt funds Knowledge Needed High (requires market understanding) Low (fund manager handles it) 5. Advantages & Disadvantages of Shares ✅ Advantages: High return potential. Direct ownership and control. Dividends as additional income. Liquidity – can sell anytime. ❌ Disadvantages: Very risky and volatile. Requires knowledge and research. No guaranteed returns. Emotional stress during market falls. 6. Advantages & Disadvantages of Mutual Funds ✅ Advantages: Diversification reduces risk. Managed by experts. Suitable for beginners. Flexible – SIP (Systematic Investment Plan) possible. ❌ Disadvantages: Returns are moderate compared to direct stocks. Expense ratio reduces profits. No control over which stocks are chosen. Some funds may underperform. 7. Which is Better for You? If you have time, knowledge, and risk appetite, go for Shares. If you want professional management and diversification, go for Mutual Funds. Many investors do a mix of both – mutual funds for long-term stability and some shares for higher returns. 8. Practical Examples Investor A buys Infosys shares for ₹1,00,000. If Infosys doubles in 5 years, he makes ₹2,00,000. But if Infosys crashes, he may end up with only ₹50,000. Investor B puts ₹1,00,000 in a Mutual Fund that holds Infosys + 30 other stocks. Even if Infosys crashes, other stocks balance out, and his fund grows steadily to ₹1,60,000 in 5 years. 9. Conclusion The main difference between Shares and Mutual Funds lies in direct vs. indirect ownership, risk levels, and management style. Shares are like driving your own car – full control, high speed, but risky if you don’t know how to drive. Mutual Funds are like hiring a driver – safer, more comfortable, but less thrilling. For beginners, mutual funds are safer, while for experienced investors, shares offer higher growth opportunities. Ultimately, the best strategy is to balance both according to your financial goals.
BINANCE:ETHUSDEducation
by TechnicalExpress
7
Gold 01/09: FVG Retracement – Buy on Dips, Short near 3515SMC Market View – 01 September Gold is continuing its bullish order flow, with clear BOS and ChoCH signals already confirmed. Price has formed an FVG (Fair Value Gap) near 3463, and is now showing momentum towards the 3515 supply zone. ✅ BUY Setups Buy Zone 1: 3418 – 3422 Strong demand area with trendline support and liquidity sweep. Stop Loss: 3410 Targets: 3430 – 3445 – 3455 – 3460+ Buy Scalp Zone: 3352 – 3350 Deeper liquidity grab area, suitable for quick scalps. Stop Loss: 3344 Targets: 3360 – 3380 – 3400 👉 All buy zones are aligned with the dominant bullish structure. Best approach: wait for retracements to go long. ❌ SELL Setup Sell Zone: 3515 – 3517 H1 supply area overlapping with resistance. Stop Loss: 3522 Targets: 3500 – 3485 – 3475 – 3465 – 3450 👉 Short trades here are only meant for quick pullbacks. The bigger bias remains bullish unless a strong bearish ChoCH shows up. 📌 Conclusion Main bias: Buy on dips at 3415–3422, 3442–3447, and scalp at 3352–3350. Secondary play: Short at 3515–3520 targeting demand. Key level: Watch the FVG at 3463 for market reaction.
OANDA:XAUUSDLong
by Ryan_TitanTrader
1
ETH plan 1/9/2025 LTFTrading Plan for ETH Primary Scenario (Red Path) Expect a pullback toward the 4,000 level, forming a potential bottom structure. Alternate Scenario (Blue Path) If price breaks below 4,000, watch for deeper retracement toward the FVG HTF (~3,800) or even the Demand zone (~3,400). This area may offer a higher-probability long setup for a rebound. Plan will fail if ETH price reclaim 4900 zone Key Levels to Watch Resistance: 4,800–5,000 (YH) Support: 4,000 (VAL), 3,800 (FVG), and 3,400 ~ 3,300 (Demand) Strategy Notes Look for confirmation signals (price action, volume) at key support zones. Avoid chasing breakouts; focus on planned entries at zones of interest. Use tight stops to manage risk, especially if price breaks below demand areas.
by dchu3112
1
Will Gold Return to 3400?Market Context Price has registered multiple bullish break of structure, confirming short-term bullish momentum. A supply zone around 3449 – 3451 may trigger liquidity-driven reactions. The fair value gap between 3360 – 3310 is still open and could pull price down before continuation. Key Levels Supply Zone: 3449 – 3451 Buy Zone 1: 3396 – 3400 (Stop Loss: 3390) Buy Zone 2: 3310 – 3315 (Stop Loss: 3303) FVG Zone: 3360 – 3310 Trading Scenarios Primary Buy Setup Entry: 3396 – 3400 Stop Loss: 3390 Target: 3449 – 3460 liquidity sweep Secondary Buy Setup Entry: 3310 – 3315 Stop Loss: 3303 Target: 3396 – 3449 Counter-trend Sell Entry: 3449 – 3451, provided rejection is visible Stop Loss: above 3458 Target: 3400 demand Summary The overall bias stays bullish with two key demand zones in play: 3400 for a shallow retracement and 3310 for a deeper liquidity sweep. Short positions near supply remain valid only as quick counter-trend trades.
OANDA:XAUUSDShort
by Ryan_TitanTrader
1
PARKHOTELS LONGThe Elliott Wave analysis indicates that the stock has finished waves (i) and is nearing the end of waves (ii), which are shown by blue numbers on the daily chart. Wave (i), also known as the impulse wave, unfolded into five waves. Wave (ii), also known as the corrective wave, unfolded in an a-b-c pattern, as indicated in red. It is a buying opportunity on the downturn (dip). Wave (iii) will begin following the completion of wave (ii). Wave (iii) is expected to have around five subdivisions, which are highlighted in red. Wave levels are depicted on the chart. Level of Invalidation The invalidation level of 167.8 has been identified as the starting point for wave (i). If the price falls below this level, it means that the projected Elliott Wave pattern is not as it appears. I'm not a registered Sebi analyst. My research is done solely for academic purposes. Please consult your financial advisor before trading or investing. I bear no responsibility for your profits or losses. Regards, VJ.
NSE:PARKHOTELSLong
by drvineet
2
ALOKINDS LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (1),(2), (3), and (4), which are shown as blue numbers on the daily chart. Wave (5) appears to be underway at this time and might reach a maximum length of 0.5% of start of wave (1) to wave (3) from wave (4)'s lowest point. It is anticipated that wave (5) will have about five subdivisions shown in red colour. Wave levels shown on chart. Level of Invalidation The Wave (1) has been identified as the invalidation level at 22.40. Because As per wave rules Wave (4) cannot enter into the price territory of Wave (1). If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems. I am not a registered Sebi analyst. My research is being done only for academic interests. Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses. Regards VJ
NSE:ALOKINDSLong
by drvineet