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Wave Analysis

Nifty 15 min Chart Wave Analysis Nifty 15 min chart wave analysis I study of nifty 50 chart time frame 15 min see motive wave from 23596.50 to 2347.25 after that market in consolidation phase Question is how can read this consolidation phase ? First is it is a corrective wave this correction is complexity of waves Wave (w) as a internal abc Wave (x) as a internal wxyxz Wave (y) anticipate above 23274.....to 23480 -23500 range.......? after that we can anticipate wave ((x)) or next impulse on lover end of channel at this point deciding factor for down side or again wave ((z))...? it can be denoted as ((w))((x))((y)) because internal wave are in corrective wave formation and price travel in channel so possibility is upside for wave ((y)) after that down side view. Disclaimer it is my personal research only for education purpose not for buy and selling recommendation i am not SEBI registered financial adviser. Thanks
NSE:NIFTY
by meena_sn
1
Trump Coin Technical Analysis #Trumpcoin ➡️🤪⛽️Sentiment around the $TRUMP coin on social platforms and in the crypto community seems bullish and showing positive signals. However, there's caution regarding its sustainability due to the memecoin's inherent volatility and the political nature of the coin's association. There's a noted potential for the coin to experience significant drawdowns if market sentiment shifts or if there are regulatory changes affecting cryptocurrencies linked to political figures. 📉📈 Chart for your reference
Long
by renderwithme
JBMA 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 (i),(ii),(iii) and (iv), which are shown as blue numbers on the daily chart. Wave (v) appears to be underway at this time. Wave (v), also known as the impulse wave, unfolding into five waves, which are illustrated in red. wave i and ii is finished and wave iii ( in red colour) will unfold in sub waves shown in black circle. Black circle wave 1 and 2 is about to finish and wave 3 (in black circle) will start. Wave levels are depicted on the chart. Level of Invalidation The invalidation level of 1388 has been identified as the start point of wave i of wave (v). 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, Dr Vineet
NSE:JBMALong
by drvineet
#Nifty directions and levels for January 21st, TuesdayGood Morning, friends! 🌞 Here are the market directions and levels for January 21st, Tuesday: Market Overview: The global market is maintaining a bullish sentiment (based on the Dow Jones), while our local market shows a moderately bullish sentiment. Today, the market is likely to open with a neutral to slightly gap-up start, as the Gift Nifty indicates a +60 point positive opening. In the previous session, both Nifty and Bank Nifty had a solid pullback. According to the structure, it seems like a "flag pattern." If the market breaks the immediate resistance with a solid candle today, we can expect a further rally continuation. However, if we analyze the wave structure, it could represent the "C" leg, and also its a final leg of the pullback. So, In this scenario, if the market rejects around the immediate resistance, we can initially expect a 23% to 38% correction. A trend reversal (from bullish to bearish) will be considered only if the 38% Fibonacci level is broken. This is the basic structure. Let's look at the chart for more clarity. Both Nifty and Bank Nifty exhibit similar structural sentiments. Current View: The current view, based on Elliott Wave analysis, suggests that if the gap-up doesn't sustain or if the market faces rejection around the immediate resistance, we can expect a minimum correction of 23% to 38% in the minor swing. This is a major support level, so until the 38% mark is broken, the trend remains bullish. Conversely, if it breaks the 38%, we can consider that a trend reversal. Alternate View: The alternate view suggests that if the gap-up sustains and consolidates or breaks the immediate resistance level, then the rally will likely continue. In this case, we can consider that a flag pattern or the third wave of the new impulse.
NSE:NIFTY
by Manickamtraders
6
#Banknifty directions and levels for January 21st, Tuesday:Current View: The current view, based on Elliott Wave analysis, suggests that if the gap-up doesn't sustain or if the market faces rejection around the immediate resistance, we can expect a minimum correction of 23% to 38% in the minor swing. This is a major support level, so until the 38% mark is broken, the trend remains bullish. Conversely, if it breaks the 38%, we can consider that a trend reversal. Alternate View: The alternate view suggests that if the gap-up sustains and consolidates or breaks the immediate resistance level, then the rally will likely continue. In this case, we can consider that a flag pattern or the third wave of the new impulse.
NSE:BANKNIFTY
by Manickamtraders
Time To Invest In Castrol India Ltd @ 100 Weeks Support 182**Castrol India Ltd.** is a leading manufacturer and supplier of automotive and industrial lubricants, known for its high-quality products that cater to a wide range of sectors including automotive, manufacturing, and heavy industries. The company is a subsidiary of **Castrol Limited**, which is part of the global **BP (British Petroleum)** group, one of the world's largest oil and gas companies. Castrol India Ltd. plays a vital role in the lubricants industry in India, providing a comprehensive range of products designed to enhance engine performance, longevity, and efficiency. ### **Company Overview** - **Name**: Castrol India Ltd. - **Industry**: Automotive, Industrial Lubricants, Chemicals - **Headquarters**: Mumbai, Maharashtra, India - **Parent Company**: BP (British Petroleum) Group - **Stock Listing**: Castrol India is listed on the **Bombay Stock Exchange (BSE)** and the **National Stock Exchange (NSE)**. - **Founded**: Castrol India was incorporated in 1979, although Castrol has been a prominent global brand for much longer. ### **Key Products and Services** Castrol India Ltd. manufactures and markets a variety of lubricants, including oils, fluids, and greases. These products serve multiple segments, including automotive, industrial, marine, and other specialized areas. Below are the major product categories offered by the company: #### **Automotive Lubricants** 1. **Engine Oils**: Castrol is known for its premium quality engine oils for cars, motorcycles, and commercial vehicles. These oils are formulated to provide superior protection, performance, and fuel efficiency. Key products in this category include: - Castrol **EDGE**: Premium synthetic oil designed for high-performance engines. - Castrol **MAGNATEC**: Known for its magnetic molecules that cling to engine parts for added protection. - Castrol **CRB****: Designed for commercial vehicles, offering protection under extreme conditions. 2. **Transmission Fluids**: Castrol offers fluids for manual and automatic transmissions, ensuring smooth shifting and performance in vehicles. 3. **Motorcycle Oils**: Castrol provides lubricants specifically formulated for two-wheelers, catering to various engine types, from scooters to high-performance motorcycles. 4. **Car Care Products**: Castrol also offers a range of products for vehicle maintenance, such as engine flushes, brake fluids, and coolants. #### **Industrial Lubricants** 1. **Industrial Oils and Greases**: Castrol produces lubricants for industrial applications including manufacturing, metalworking, and machinery maintenance. These lubricants help reduce friction, wear, and corrosion in machinery. 2. **Greases**: Castrol provides a wide range of greases for industries such as construction, agriculture, and manufacturing. Their products are designed for high-pressure, high-temperature applications. 3. **Hydraulic Fluids**: Castrol’s hydraulic oils are used in various industries, ensuring smooth operation of hydraulic systems and machinery. 4. **Compressor Oils**: These oils are used in both industrial and automotive compressors, improving efficiency and extending the lifespan of the machinery. #### **Marine and Specialty Lubricants** - **Marine Oils**: Castrol produces marine lubricants that help ensure the proper functioning and protection of engines in harsh maritime environments. - **Specialty Lubricants**: The company also offers specialty lubricants for specific needs, including heat transfer fluids, refrigeration oils, and turbine oils. ### **Key Market Segments** 1. **Automotive Sector**: Castrol’s primary market is the automotive industry, including passenger vehicles, commercial vehicles, and motorcycles. Their products are designed to ensure optimum engine performance, reduce fuel consumption, and extend engine life. 2. **Industrial Sector**: Castrol caters to the needs of various industrial sectors such as manufacturing, mining, construction, and agriculture by providing lubricants that enhance the efficiency and longevity of heavy machinery, engines, and equipment. 3. **OEM (Original Equipment Manufacturers)**: Castrol collaborates with many OEMs to supply specialized lubricants for newly manufactured vehicles and machines, ensuring high performance right from the point of sale. 4. **Retail Market**: Castrol has a strong presence in the retail market, where its lubricants are available through authorized service centers, workshops, and dealerships across India. ### **Sustainability and Innovation** Castrol India Ltd. is committed to environmental sustainability and innovation. The company focuses on developing products that help reduce emissions and enhance fuel economy. Castrol’s advanced lubricant technology plays a crucial role in reducing the carbon footprint of vehicles and industrial operations. Some initiatives in this regard include: - **Energy-Efficient Products**: Castrol’s products are designed to improve energy efficiency, which helps reduce fuel consumption in vehicles and energy use in industrial machines. - **Recycling and Waste Reduction**: Castrol focuses on responsible disposal and recycling of used lubricants through various collection programs and has set up centers for waste oil disposal. ### **Research and Development (R&D)** Castrol India places a strong emphasis on innovation and has an extensive R&D infrastructure. The company works on continuous product development, testing, and improvement to meet the evolving needs of customers and industries. Castrol collaborates with BP’s global R&D division and other research institutions to develop cutting-edge lubricant technologies. Key areas of focus include: - **Synthetic Oils**: Developing advanced synthetic oils for high-performance engines and equipment. - **Eco-Friendly Products**: Researching biodegradable and environmentally friendly lubricants. - **Engine Protection**: Continuously enhancing product formulations for improved engine protection and performance under extreme driving conditions. ### **Distribution and Availability** Castrol India has an extensive distribution network across India, with its products available in retail outlets, service stations, and through authorized dealers. The company has established partnerships with a variety of automotive workshops, dealerships, and service centers to ensure widespread availability of its products. It also provides training and technical support to ensure optimal use of its lubricants and services. ### **Corporate Social Responsibility (CSR)** Castrol India Ltd. engages in several corporate social responsibility (CSR) initiatives focusing on: - **Education and Skill Development**: Castrol supports educational programs and skill development initiatives to empower communities and young people. - **Environment Conservation**: The company is involved in initiatives aimed at reducing the environmental impact of its operations, including energy efficiency and waste management programs. ### **Conclusion** **Castrol India Ltd.** is a market leader in the lubricants industry, offering an extensive portfolio of products across various sectors. Backed by the global expertise and resources of its parent company, BP, Castrol India continues to innovate and deliver high-quality, performance-enhancing products. Through its commitment to sustainability, research, and customer satisfaction, the company has solidified its position as a trusted brand for lubricants in India.
NSE:CASTROLINDLong
by TheGoldenFarmsofEquity
Simple Price Action Analysis in CREDITACCStock was falling since in a typical downfall manner - LL &LH Suddenly there are volume Spikes since last few trading session and first time the lower high broken with recent low is made higher than previous one Now if it breaks recent High (Daily close>1030) then there may be confirmed trend reversal. The high volume bars gave some aid to Analysis. Few more confirmations - Price closed today crossing daily EMA50 - Rsi trending up almost reaching 60 - Highest delivery today after 8th January - closed above Supertrend. Earliest Target can be Latest Daily EMA 200 : 1150-1160 Long term Targets are 1200,1300,1400+ SL can be 880 Keep watch and do your analysis and give suggestions in comments.
NSE:CREDITACCLong
by TradeKings5586
2
FAZE3Q LONGThe Elliott Wave analysis shows that the stock has completed waves (i), (ii), (iii), (iv), and (v), as represented by blue numbers on the daily chart. Stock is in correction now. Wave correction will go in waves (a), (b), and (c) in blue color on the chart. Wave (a) is completed, and wave (b) is in progress. Wave (b) will go in three sub-waves (a, b, and c in red color). Wave a and b is completed and wave c is in progress.  wave c will unfold in five sub-waves (black circle) shown in the chart above. Wave 1, 2, 3, and 4 in a black circle is finished, and wave 5 will start. Wave levels are shown on the chart. Level of Invalidation Wave (a) has been identified as the invalidation level, which is 366.05. Because According to the wave rules, Wave (b) cannot cross the pricing territory of Wave (a). If the price falls below this level, it may signal that the projected Elliott Wave pattern is not what it appears. I am not a registered Sebi analyst. My research is strictly for scholarly interests. Before you trade or invest, please consult with your financial advisor. I am not responsible for your earnings or losses. Regards,  Dr Vineet
NSE:FAZE3QLong
by drvineet
BTC#4: Things to watch out for when BITCOIN breaks the top💎 💎 💎 Plan BTC3# helps you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎 1️⃣ **Fundamental analysis:** 📊 Trump plans to make cryptocurrency a "policy priority" and consider suspending related lawsuits and establishing a national reserve fund. 🚀 The Fed's dovish stance combined with Trump's pro-crypto stance creates the foundation for the market to grow. 📌 Liquidation of positions has exceeded $90 million, most of which are sell orders. This also contributes to pushing BTC prices higher. 2️⃣ **Technical analysis:** 🔹 **D frame**: As you can see, after scanning the 89xxx~90xxx area and closing with a pinbar, the price line has been increasing continuously until now. 🔹 **H4 frame**: The resistance zone of 102xxx has been broken and acted as support to push the price above the old peak. The price structure has been confirmed in the H4 frame that the old peak has been broken by a candle closing through the 106k~108k area 🔹 **H1 frame**: You can see the price line testing the trend line and increasing according to the textbook theory. You can see that I drew the support zone in #3 just now. Currently, the price has broken through the old trendline, but the price is still reacting at the old peak area. 3️⃣ **Trading plan:** ⛔ As I have provided you, the number of liquidated sell orders is very large. So we should not go against the trend to catch falling knives at this time. ✅ Currently, in my personal opinion. Market information is very excited with TRUMP's moves in the past time. This will attract many new investors and push BTC prices to continue to increase in the near future. However, today I will not give a trading plan because we do not know how high BTC prices can increase. Establishing a position at resistance brings high risks because R:R is no longer reasonable. 🚀 Give yourself a period of time to observe the price line and listen to information to make long-term decisions. 💪 **Wish you successful trading!**
by TonyL0ng
MCX Gold: Elliott Wave Insights on Ascending ChannelTimeframe: Daily MCX Gold has been trading within an ascending parallel channel for over 65 weeks . The value area highlights zones of supply and demand, with the control line exerting a gravitational pull on the current price. Within this structure, there are four zones of no trading activity and two neutral zones. A triangle pattern is forming around the control price, indicating a potential price movement. If the price closes above the control line, it could potentially reach the following targets: 77660 – 78560 – 79600+ . On the other hand, if the price breaks and closes below the strong support level, we may witness a short decline, possibly reaching the lower band of the parallel channel. We will update further information soon.
MCX:GOLD1!
by forextidings
1
Cipla correction will be over by 31st of JanCipla is in last leg of correction of expanding triangle, where it will complete wave e and so thus the Wave C of the Zig-zag at 1372-1371 Possibilities: 1) Cipla's correction will be over by 31st Jan if it completes leg e (1372-1371) 2) Chances are there might be wave e truncation and we will start seeing the trend change, which will be uptrend 3)wave e might slightly overthrow beyond the lower support of the triangle. (around 1365-1368 max to max) All in all its a wait and watch situation for few more days how the wave e unfolds. Disclaimer. I am not the SEBI registered member. This idea is only for educational purposes, if you want to take a trade do your own analysis and decide.
NSE:CIPLA
by swapsachin
#Nifty directions and levels for January 20th, Tuesday:Good Morning, friends! 🌞 Here are the market directions and levels for January 20th, Tuesday: Market Overview: The global market is showing moderately bullish sentiment (based on the Dow Jones), while our local market reflects a bearish sentiment. Today, the market is likely to open with a neutral to slightly gap-up start, as the Gift Nifty indicates a +50-point positive opening. In the previous session, our markets closed negatively, while the US market performed very well. Everyone is closely watching Donald Trump’s inauguration. Some expect the market to maintain its bearish sentiment for another one or two days. However, if there is any positive trigger, a bounce-back can be anticipated. Otherwise, the correction is likely to continue. Structurally, my expectation is that if the market takes a pullback, we can expect a range-bound market with a bullish bias. If the pullback sustains, the market could break out and move higher. On the other hand, if the gap-up doesn’t sustain, we can expect the correction to continue. This forms the basic structure for today. Both Nifty and Bank Nifty exhibit similar structural sentiments. Nifty Current View: The current view suggests we are in a range market. If the pullback sustains, we can expect a minimum target of 23330 to 23360. After that, if it breaks with some consolidation, it could continue to reach 23387 to 23431. However, after this rally, the market may experience some rejection around that range; this is the basic structure. In this scenario, if the rally sustains without any rejection, it may form a long bullish candle at the market’s opening. Alternate View: The alternate view suggests that if the gap-up doesn’t sustain, we can initially expect a minor correction that could reach 23121 to 23087. This is also a range market target. After that, if it finds support there, the range market may continue. On the other hand, if it breaks below, the correction will likely continue. Note: A notable point is that we are in a range-bound market, so approach the charts with this context in mind.
NSE:NIFTY
by Manickamtraders
#Banknifty directions and levels for January 20th, Tuesday:Bank Nifty Current View: The structure seems similar to Nifty. If the market sustains the gap-up, we can expect a minimum pullback of 50% to 61% initially. After that, if it consolidates, the rally will likely continue. Structurally, we can expect the continuation of the rally; however, we should approach this properly, as we can expect the rally only if it breaks the 61% mark. Alternate View: The alternate view suggests that if the gap-up doesn’t sustain, we can expect a correction of 78% to the minor pullback zone. This is a major support level, so if it finds support there, we can expect a minimum pullback of 23% to 38% in the minor swing. On the other hand, if it breaks the minor pullback zone, we can expect the continuation of the correction, targeting a minimum of 47873 to 47708.
NSE:BANKNIFTY
by Manickamtraders