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Wave Analysis

KPIT Technologies in last leg of wave 5I am closely following KPIT for quite a while. If the label wave counts are correct then expect KPIT to fall further. As per my analysis its in the last leg of correction which is wave 5 of wave Y. Now wave 5 can be a impulse or simply an ending triangle. Once the correction is over expect a quick and sharp move towards 1900. If it moves sharply above 1570 by mid of next week, my count is wrong and need to revise it. Note: This information is only for educational purposes . This is not an investment or trading advice. I am not SEBI registered member. please do your own analysis and decide.
NSE:KPITTECH
by swapsachin
BankNifty -Will It Be Explosive Up - 49650+ ( Missed last time)Disclaimer: This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. WaveTalks Market Insight – The Next Big Move? As discussed in the last idea, the market witnessed a failed impulse as per the dea mentioned below, leading the Index to drop to slightly new lows on 27th Jan 2025 before eventually turning back upward. This movement sets up an interesting wave structure that traders need to watch closely. Last TradingView Idea Wave Structure Breakdown Wave 3: Successfully extended and touched 49250 (approx) before losing momentum. Wave 4: Currently forming a triangle or is about to complete its final phase. Key Level – 49250: This level is acting as a pivotal point. What Happened at 49250? After hitting 49250, the market witnessed a sharp sell-off, dragging prices down to 48750 in the closing session on 28th Jan 2025. This drop suggests the wave 4 consolidation phase is still in play before the next directional move. Trading Strategy – What to Watch For? 🚀 Next Buying Opportunity: Above 49250, a breakout from the triangle in Wave 4 could trigger a strong thrust towards 49650 This aligns with the Elliott Wave thrust pattern, where triangles typically lead to a strong final push (Wave 5). 🔻 Caution for Sellers: If the price fails to hold above 49250, the triangle might extend, leading to further consolidation or a potential false breakout trap. Support to watch: 48750 – If this level gives way, further downside risk increases. Execution Plan for Traders Long Entry: Above 49250, confirming strength with volume. Target: 49650+ (Wave 5 thrust). Stop Loss: Below 49000, ensuring protection against false breakouts. Alternative Scenario : If 48750 breaks, re-evaluate for a potential deeper correction. 📌 Final Thoughts: This setup presents a high-probability trade if the structure plays out as expected. However, market conditions can change rapidly, so risk management is key. Regards, WaveTalks Market Whispers! – Can You Hear Them?
NSE:BANKNIFTYLong
by WaveTalks
3
Trading With Professional The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment. A PCR at one (=1) suggests that investors are purchasing the same amount of put options as call options and signals a neutral trend going forward. No PCR is considered ideal, but a PCR below 0.7 is typically viewed as a strong bullish sentiment while a PCR above 1 is typically viewed as a strong bearish sentiment.
NSE:BANKNIFTYEducation
by SkyTradingZone
BOSCHLTD - In corrective mode for 30K levels?Looks like the corrective pattern C LEG is playing out within the channel. Wave counts and the subwaves counts are marked in the chart in hourly TF 200 HEMA will act as a resistance and also best zone to enter in to shorts (for a good RR set up) I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
NSE:BOSCHLTDShort
by Murthy_Santhosh
2
XAU#8+ : Multi-frame analysis GOLD: Price traps soon💎 💎 💎 Plan #7 first helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎 🔥 Yesterday was the last day of the new year in my country, so I was quite busy and could not update trading plan #8. Today, let's check the trend of GOLD🔥 1️⃣ **Fundamental analysis:** 📊 The US dollar index DXY has increased by nearly 30 points in the short term, non-US currencies have decreased. This is partly the cause of the recent correction wave. However, the financial market's concern about a "mild recession" from Trump's policies is still present. This led to a recovery shortly afterwards 🔴Fed expects to keep interest rates steady, taking time to assess the impact of Trump's policy. 97.3% probability that the Fed will leave interest rates unchanged this week 2️⃣ **Technical analysis:** 🔹 **D frame:** Yesterday marked a recovery after the previous adjustment day 🔹 **H4 frame:** Structurally, 🔹 **H1 frame:** The price structure changed from bullish to bearish. The price has returned to test the resistance area. The price reaction in this area will determine the direction of gold. 3️⃣ **Trading plan:** ⛔ The current price is in an important resistance area that is not suitable for entering orders. The best buying zone is the area where the price structure appears at 2745 as you can see. Remember that the main trend is still up, but the structural breakdown in the H4 frame is showing us a forecast for a short correction. The current price zone will be the confirmation zone for this forecast ✅According to personal experience, I will wait for an entry when the price returns to an important support or resistance zone. Entering an order in this area is no longer good for the R:R ratio and the failure rate is also high. Looking at the price structure, to be able to break this resistance zone, we will need a correction to gain momentum. Otherwise, there is a high possibility that we will witness a false breakout of this area to attract FOMO gamblers. Be patient and wait for the opportunity. 💪🚀 **Wish you successful trading!** 📌 For any questions, please contact directly. I am ready to answer you for free
OANDA:XAUUSD
by TonyL0ng
#Nifty directions and levels for January 29th:Good Morning, friends! 🌞 Here are the market directions and levels for January 29th: Market Overview: There have been no significant changes in the global markets, which are still maintaining a bullish sentiment based on the Dow Jones. However, our local market is showing a moderately bearish sentiment. Today, the market may open neutral to slightly gap-up, as Nifty indicates a positive move of 40 points. In the previous session, both Nifty and Bank Nifty had a solid rally, but by the end of the day, they fell slightly. Structurally, the market is still in bearish territory. So, today's session may see some consolidation within the previous day's range. Let's look at the chart. Both Nifty and Bank Nifty share the same structural sentiment. Nifty Current View: Even if the market starts with a gap-up, structurally, it may not sustain. So, if the market declines initially, we can expect a correction towards the 22862–22827 level, which is a major support zone. If the market finds support here, it is likely to bounce back to its opening levels. > On the other hand, if the market breaks this zone or consolidates around it, the correction will likely continue towards 22776, a minor pullback zone. Alternate View: If the gap-up sustains, 23089 will act as strong resistance. If the market gets rejected at this level, we can expect a range-bound session. However, if it consolidates or breaks above this level, the rally will likely continue towards 23185 and the 78% retracement level.
NSE:NIFTY
by Manickamtraders
4
#Banknifty directions and levels for January 29th:Bank Nifty Current View: The current structure in Bank Nifty is similar to Nifty. If the market declines initially, we can expect a correction towards 48614, which is a major support zone. If the market finds support here, it may bounce back to its opening level with a bullish bias. > On the other hand, if the market breaks this zone or consolidates around it, the correction will likely continue towards 48465–48252. Alternate View: If the gap-up sustains, 49142 will act as strong resistance. If the market gets rejected at this level, we can expect a range-bound session. However, if it consolidates or breaks above this level, the rally will likely continue towards 49264, a minor rejection zone.
NSE:BANKNIFTY
by Manickamtraders
BTC EW updateBTC USD COMPLETED THE WXY PATTERN, and now forming a pattern with 5 wave upside on first leg, which opens up more than one opportunity, like ABC- zigzag, LD first wave 1-3 have formed under this, it can be LD as well, it can 1-1-1 ew combination as well, it will interesting to see what folds out. Options are 1- Abc pattern SZZ-- structure wise ok, fib ext. Was ok. 2- LD- first wave complete,third in under going, 1st wave is long, 3rd wave is less than 161, 3- 1-2,1-2,1-2 sequence of bullish pattern can also be possible, 1-2,1-2,1-2 is also possible, first sequence is done, 2nd is underway. Price did complete 3rd wave with 100% and retraced forming another, WXY pattern. Now probability of SZZ is complete but no big fall hints that is could be other two patterns, so long the position .
CRYPTO:BTCUSDLong
by sanjayplayer1
Trading with the DataDefine Your Risk Tolerance and Goals: Before diving into options trading, assess your risk tolerance and establish clear trading objectives. Understand how much risk you’re willing to take on and what you aim to achieve. Diversify Your Options Strategies: Spread your risk by using various options strategies. Consider covered calls, protective puts, and other approaches to safeguard your investments. Set Entry and Exit Points: Determine specific levels at which you’ll enter and exit trades. Having clear guidelines helps you avoid emotional decisions during market fluctuations. Limit Maximum Risk Per Trade: When buying options, consider using debit spreads. These allow you to define your maximum risk upfront while still benefiting from potential gains.
NSE:BANKNIFTYEducation
by Optionclub
Hdfc BankFor ItechnIndia more than anyone else....... Before you type or suggest to anyone..... ensure you have your RIDERS ready with you..... From the High of 1880 odd to the Low of 1624..... marks a complete wave, wherein..... from high to low does not mean you BUY for Gods sake.... you 1st let it sustain above 50% retracement atleast. The damn price has'nt even crossed above 1684 which is the minimum 23.6% retracement from high to low .............. AND YOU WANT PEOPLE TO BUY ??????????????????????????? WHAT IS THE BASIS OF SUCH ANALYSIS ??????
NSE:HDFCBANK
by deepgups
Nifty50: We are at the Cusp of a Mega Bull market till 2026 !!As per my Time cycle and Elliot wave forecast, we can see major lows in the markets are formed on or near this 144 days GANN cycle, so as per this research, a meaningful low is now due in our Indian markets in coming weeks, a low which will not to tested for the years to come, so don't be afraid of the ongoing correction which is at the matured stages, don't fold your SIP's or Investments, its time to be GREEDY for the rest of 2025 and 2026, Accumulating nifty via Nifty bees now and can near key retracement levels (Refer chart) can be a wise Idea.
NSE:NIFTYLong
by chinmaypatnaikk
3