Lloyds Metals Hints at Final Wave V RallyThe wave principle suggests Lloyds Metals has likely completed Wave IV, with an upward Wave V move potentially unfolding toward new highs.
Waveprinciple
Has the time come for Pansari Developers?What we see is the beauty of the wave principle — a perfectly formed Impulse structure with #pansaridevelopers poised to move higher. However, a confirmation is still needed as the stock is relatively illiquid.
**This is an educational market outlook, not investment advice. Please consult a SEBI-registered advisor before taking any investment decisions.**
Bullish signs for Gold?Gold seems to have made a good corrective move for wave iv. We may see a new high in the coming sessions.
Nifty Elliott Wave Setup Points to Next Bullish LegNifty may be completing Wave (ii) or B, with a strong Wave (iii) or C rally likely ahead.
#Gujgasltd Elliott Wave Count Signals Potential Final Leg LowerBased on the 4-hour Elliott Wave analysis, Gujarat Gas appears to be in the final stages of a corrective Wave iv within a larger downtrend. The current price action suggests completion of an A-B-C structure for Wave iv, with the “c” wave nearing its top. If the count holds, the stock may soon resume its decline into Wave v, targeting lower lows before a potential trend reversal. Traders should watch for signs of weakness near current resistance to confirm the bearish continuation.
#Dabur ending correction soon?Dabur can be a good pick if you are looking for some medium-term investment in sometime, as the ongoing correction looks to be in the last stage of it impulse.
We may then possible see it soaring higher.
P.S. Always trade on price confirmation.
**This is an educational market outlook, not investment advice. Please consult a SEBI-registered advisor before taking any investment decisions.**
The last move on the way in LT? #LT We may see an upside in LT to finish the last wave 5 to go above 3732. Don't risk more than 2% of your capital on any trade.
**This analysis is based on the Elliott Wave Principle.
This analysis is for educational purposes only and not investment advice.
Please consult your SEBI-registered advisor before making any investment decisions. Markets are subject to risk.**
A Possible alternate count for TRENT?Whether TRENT has completed its complex correction or is still unfolding an expanded flat. Only time will tell.
ITC: Exam time , Pass or FailTrading strategy :
Key level is 210
1. Go long above 210 keeping a mino Stop loss of 203 , for the target area of 240 & later 280.
2. Go short below 210 if it starts rejecting from the zone of 210-220 for the target of 190/175.
3. If it starts taking support near the zone of 175-180 again go long with that recent low as SL & ride till 210 & above 210 follow plan 1.
CESC Short Setup!!CESC is giving a short setup. The stock has been moving in an upward trend channel which is about to be broken down.. Expect a substantial correction or sideways movement in the stock before moving higher.
Happy Trading
SBI - Breaks out Previous Resistance, Wave 3 ProgressIt is been observed that ABC Zig Zag correction completed and Wave 1 and Wave 2 structured well that shows higher high. Now I observe that Wave 3 is in progress and it shall go upto 261 and retrace back to Wave 4 and then shall again move higher from 261 levels to make Wave 5. It is wise to buy after retracement or near Wave 4 levels.
As per technical pattern formation, you may also notice a "Head n Shoulder" pattern formation that retrace back to previous resistance level at 256 or Wave 4.
GOLD GOLD SHINES TO BUY (XAU/INR) - FLAT CORRECTION COMPLETESAs per Elliott Wave Theory, the gold charts indicates a completion of a Flat ABC Correction that signals a new wave to upside. This is a good time to invest or take a swing trade position in this before the festive season begins in India where we generally see rise in the Gold market. Take positions with stoploss at 87200 Target 1: 90000 then Target 92400.
