The 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...
I have noticed a significant trendline breakout in the weekly time frame. This breakout has caught my attention, as it indicates a potential shift in market dynamics. The price action has surpassed the resistance level defined by the trendline, suggesting a bullish sentiment in the market. I would like to confirm the occurrence of a trendline breakout through the...
The 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) and (2), which are shown as blue numbers on the daily chart. Wave (3) appears to be underway at this time and might reach a maximum length of...
Based on Elliott Wave analysis, it is possible to identify a potential wave count on the daily time frame. The first and second waves have been successfully finished. Wave 3 is on the verge of commencing. The level of invalidation is displayed. Regarding the fundamentals of the stock: ROCE: 18.5% ROE: 14.7% Promoter holding: 51.0 % PEG Ratio: 0.27 I am not a...
The name of Gati Ltd. has been changed to Allcargo Gati Ltd. (ACLGATI). Based on Elliott Wave analysis, it is possible to identify a potential wave count on the daily time frame. The first, second, third and fourth waves have been successfully finished. Wave 5 is on the verge of commencing. The level of invalidation is being displayed. I am not a registered Sebi...
Based on Elliott Wave analysis, it is possible to identify a potential wave count in the daily time frame. The first and second waves have been successfully finished. Wave 3 is on the verge of commencing. The level of invalidation is displayed. Regarding the fundamentals of the stock: ROCE: 30.8% ROE: 23.4% Promoter holding: 71.0 % I am not a registered Sebi...
According to the Elliott Wave Theory, the Elliott Wave Structure describes the pattern and arrangement of price movements in financial markets. Based on extensive analysis, it appears that the stock has completed wave 5 on the daily chart. A corrective wave (a-b-c) has begun. Currently, it appears that the first wave (a) of correction is over and the second wave...
The 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) and (2), which are shown as blue numbers on the daily chart. Wave (3) appears to be underway at this time and might reach a maximum length of...
Nifty IT sector might be in pain; technically, as seen on weekly chart - it is crucial to see whether it takes support and reverses at 33400. If it falls below it, then IT sector would be under deep pressure. This is for Educational purpose only views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own...
Bought yesterday at Rs890, will add more is it comes around 900. Look at the order book of the company and the recent orders received from the government. Titagarh Rail Systems Ltd (Formerly Titagarh Wagons Limited), incorporated in 1997, is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals,...
Crude Oil: Technical & Fundamental Headwinds 📆 Update - Mar 27 🕓 Timeframe: 1 hour 📈Technical Breakdown: A rising wedge pattern on the 1-hour chart has broken, potentially signaling a downtrend. (Your previous analysis is acknowledged!) Target to be: 6690/ 6660 💲Price Drop: WTI crude futures fell to $81/barrel on Wednesday. Inventory Surge: US crude...
This is for Educational purpose, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/traders.
VeChain (VET) - Fundamentals and Recent News (as of March 27, 2024) Fundamentals: Enterprise-focused blockchain platform: VeChain aims to address data challenges in various industries using blockchain technology, smart contracts, and the Internet of Things (IoT). Dual token system: VET is the main token used for governance and various activities on the...
Tru Coin (TRU) - Fundamentals and Recent News (as of March 27, 2024) Tru Coin (TRU) is the native token of the TrueFi protocol. TrueFi aims to be a decentralized credit infrastructure for crypto. Here's a quick rundown: Function: TRU holders govern the protocol by voting on who can borrow and lend on the platform. This allows them to participate in shaping the...
The Sandbox (SAND) Coin: Fundamentals and Recent News (as of March 27, 2024) What is SAND? SAND is the utility token that powers The Sandbox, a popular metaverse game built on the Ethereum blockchain. The Sandbox is a play-to-earn (P2E) game, where users can buy virtual land, create gaming experiences, and monetize their creations. Key Points: Utility Token:...
Bank Nifty also has the same sentiment. If the gap-down sustains and breaks the Fibonacci level of 50%, then we can expect a minimum of 61 to 78% correctional wave. After that, if it finds support there, it may undergo a minor pullback wave of the Fibonacci level of 38%. On the other hand, if it breaks or consolidates around the Fibonacci level of 78%, then the...
Good morning, friends! Here are the directions for March 27th: there is no significant difference between the last session. The global market trend is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to slightly gap-down start, as suggested by Giftnifty, showing a...
SORRY FOR LATE On Tuesday, the cell did not let go above 22100. I have 22100 heavy sellers. But buyers closed the market above 22000. That is why heavy support is seen at 22000 and medium resistance at 22100 and heavy resistance at 22200. Today buyers may be trapped. Tomorrow I bought 22000 as many times as the market touched and made 7000 profit 🤪