Hello WaveTalkers
As we approach the close of this trading week, we're spotting some intriguing patterns in the BankNifty Index.
Wedge Drama Unfolding?
- Without giving away too much, there seems to be a rising wedge forming at the current highs.
- This might hint at a potential move towards a 45299 downside target.
Trading Strategy
Once...
Elliott Wave Analysis:-
Due to some management changes in bank there are certain fundamental changes taking place. Let the cloud get cleared, until that we wait for the clear sky.
View1:-
triangle pattern.
B wave was formed.
Once C,D wave was formed then we can enter into the trade.
until that we watch the wave formation.
1631 as stop loss we enter...
A small correction may be expected.
We can accumulate small quantities.
I’m not a sebi advisor.
Before taking a trade consider ur financial advisor or by doing your own research .
Hello Friends,
Welcome to our Case Study of Nifty with Elliott Wave Prospective.
In this analysis, we'll be taking a closer look at the Nifty index using a powerful tool called Elliott Wave theory. Think of Elliott Wave as a way to uncover hidden patterns in the market's movement, a bit like solving a puzzle.
Imagine you're on a journey to understand where the...
Good Evening Traders,
This is Nifty 50 Weekly Candle Analysis.
Analysis Based On Wave Theory.
In Weekly Market is in Berish Trend.
Fib Golden Ratio 38% and 50% Nifty Will correct
till 18300 According to Wave Theory.
In daily candle Nifty Made Berish Head And Shoulder Pattern.
If you like my analysis the Give Like and Comment Below
Thank You
Nifty
🕯️ Support -19324-345
🕯️ Resistance - 19450-490
🚀 In Selling Market Find Resistance to Sell.
🚀 In Buying Market Find Support to Buy.
Note - Only for Education Purpose
I’m impulse with this share. For long run we can hold on and slowly accumulate.
It may give a correction at this level or slight up ad then a low and then the impulse rally begins.
At end of the day Im impulse in this scrip unless any bad news arrive in the fundamental.
More Foreign investor and domestic investors are accumulating and less retail investor are...
This is another type of wave formation.
A regular flat wave had been formed.
There are alternative waves I have posted it before.
We need to wait and watch the wave pattern that is going to form. Only then we can decide the point of our entry.
I have attached the previous chart below. Kindly look into it for clarification
If one more los is possible then this is a valid pattern else we skip this and move on to next bullish chart.
If consolidation continues furthermore then it may lead to triangle formation. If the previous high was broken then the Triangle get fail and it may complete flat pattern and one more low pending.
In Wave Thoery Market Driving in Channel Generally After
3rd Wave Market Start Up Trade. See in Today market open Gap up the
Reason we take Buying Trade.
I am Student. I follow Price action with wave theory.
Follow of More Wave Analysis Learning
Thank You
Hello Friends,
Welcome to our Elliott Wave analysis and technical indicators overview of Shree Renuka Sugar Ltd (RENUKA). In this analysis, we'll explore the Elliott Wave perspective and how it aligns with various technical indicators to support a bullish sentiment in the stock. Please note that this analysis is for educational purposes only and not financial...
Hello Friends,
Here we had shared possible Elliott wave counts of National Aluminium chart, on daily time frame, which is clearly indicating that above 66.95 major support level it is purely in an impulsive phase.
According to the Elliott wave structure, the price chart has exhibited the following patterns:
The initial phase consisted of an upward impulse...
Hello Friends
Here we had shared possible Elliott wave counts on chart of USDINR, which is clearly showing that on bigger scale we are in 5th wave of some higher degree, in which we had finished wave (1)-(2)-(3) and currently we are in either in wave (4) or in wave 2 of wave (5).
Also both scenarios are discussed in this video post, you can go through this video...
Hello Friends,
Here we had shared possible Elliott wave counts on copper international chart.
Good thing is wave counts are aligned with each others in multi time frames, Over all it looks good to go long as per wave structure, whole scenario is shared in this video post, so please go through out this video post to understand the Analysis of copper as per Elliott...
