shriram share share complete draw elliot wave analysis photo chart
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As per the Elliot wave analysis, the downtrend of Nifty moved in a 5-wave pattern. Each impulse wave (ie waves 1,3 and 5) moved in 5 smaller waves. Waves 3 and 5 were equal in length which was 1.23 times wave 1. This fits very well into the rules of the Elliot wave. Waves 2 and 4 had a horizontal zigzag correction as expected. We can expect corrective waves...
Buy Tesla below 98 upto 90 sl 87 on daily closing basis. Positive divergence is clearly visible over 60 period RSI. If it is 2nd wave, then it can retrace upto 78.6-85% of the rally. Value buying should emerge below 100. Disc : it's not an investment advise to buy or sell. Do your research.
Date : 9th Feb 2023 Textbook 5 impulses completed @61.8(0-3) and 61.8% correction of five impulses. Entry @ 103.235 with SL 103.135 pip Target 104.950
CMP 770 Target Zone: 789-448 Can we see reversal from here to 4000+?
Tcs now trade at 3525. Now its run in 3rd primary wave. and also given the 8 months price breakout.3rd wave projection 1.618 = 3825 Buy on every deep
Strong Support Zone 41000-41100 as shown. Looks corrective fall from 41724 Highs, holding above the suggested support zone, Index can re test 41500 / 41700 / 42400 levels upside. Any selling can be expected only below 41000. Thanks
coromandel near supply zone keep an eye , can go down if remain below 920. keep an eye
#nifty - Happy morning friends. The global market indicates a Neutral start. The market nature is moderately bullish. It may start with neutral. After that, if the market breaks the harmonic supply zone then we will expect a rally continuation, it will reach a swing high to 78%. On the other hand, if the initial market declines sharply, then we will expect a correction.
#banknifty - Happy morning friends. The global market indicates a Neutral start. The market nature is moderately bullish. It may start with neutral. After that, if the market breaks the harmonic supply zone then we will expect a rally continuation, it will reach a swing high to 78%. On the other hand, if the initial market declines sharply, then we will expect a...
#finnifty - Happy morning friends. The global market indicates a Neutral start. The market nature is moderately bullish. It may start with neutral. After that, if the market breaks the harmonic supply zone then we will expect a rally continuation, it will reach a swing high to 78%. On the other hand, if the initial market declines sharply, then we will expect a correction.
now I think nifty should make a new high some where near 19100 only if 17500 is not taken off.. This just a view. Consult a professional before taking any trade. Regards.
Hindalco steel ready to short position again for wave C formation. Be aware from this wave structure to save your money 🤑 and take profit from recession market.
I daily make educatioanl content videos for financial markets on swing trading
Diamond pattern is considered to be reversal pattern. However, from EW perspective, Diamond pattern normally occurs in wave B and therefore, their position will define whether it is a reversal or continuation pattern. In the current set-up, since the long term picture is bullish, we are inclined towards considering the diamond pattern as reversal pattern for...
#XAUUSD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!