BankNifty (Bearish Wolfe Wave)Pattern is activated. Expected a pull-up till 40600 and forming double top before falling. Target till previous gap (39400-39500).
Wolfe-wave
TechM#TechM CMP 1127 Technically wait for close abv 1140
Tgt 1250/1350/1500
Showing good YOY sales growth.
Many Acquisitions in past 1-2 year. Hoping for better synergy.
Wolfewaves on DXY and coupled up with strong Fibonacci TVC:DXY Wolfewaves on DXY and coupled up with strong Fibonacci . Until DXY curtailed below 109 to 110 region, it could be said that it has made the top, and there needs a correction in the same. With strong supports around 104, where there could be a consolidation drama, then expecting it to fall till 98. This cycle according to my theory should complete by Feb 25th of 2023.
cochin shipyard took the support from golden ratio 61.8% cochin shipyard high volume candle HL : 354.9 & 326
Golden ratio level near 294
it will get boost above 355...
wave analysis given on chart... waiting for 3rd impluse wave to start..
views are educational
DXY ExpectationTVC:DXY Possible DXY movement has been mapped. Emerging markets like India (NIFTY, SENSEX), might be impacted due to this
NIFTY BANK | 1D | LONG | #Wake'N'TradeBullish Wolfe Wave Activated in Nifty Bank
All details mentioned on charts.
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Analysis for Educational Purpose Only
Sold crude at 5147 with SL of 5180Crude is in bearish wolfe wave and may give a good downside Targets.
POWER GRID LTDPlease strictly avoid any fresh Buying. And this post is specifically for the long term investors. I assume this may soon start a downtrend because on monthly time frame this is not all promising.
It has recently touched the Monthly High TL.
The downside reversal is confirmed by a Bearish Wolfe Wave.
May be in short term it may bounce till 198. But better avoid until and unless no clear breakout is seen. Rest all updates will be given in the update idea section
Chart & Analysis By - ADARSH DEY
LUPINIn Bullish Wolfe Wave. This is smaller TF chart. So the target seems to be 965 First. And the SL remains to be 910 on closing basis.
There are multiple targets on the upper side, but they will be update once the first target is done.
Chart and Analysis - ADARSH DEY
Granules India#Granules India
#Daily Chart
#Bullish Wolfe Wave
#CMP 361.60
#EPA 354
#View negated below 310 DCB
MAHINDRA & MAHINDRAA Wolfe Wave has been spotted. A proper reversal at this point can move the stock upside to 780 - 840.
One can wait for reversal sign before taking entry or they can enter now with strict SL of below 725 on closing basis.
Chart & Analysis - ADARSH DEY
KAVERI SEED COMPANY LTDThis stock is a very crucial point ie. RAS( Resistance acting as support). And in mid term it has formed a Wolfe Wave, the wave counting has been mentioned in the chart. 5th wave may get initiated soon.
The completion of 3rd wave and initiation of 4th wave has been confirmed at 1.618 Retracement level .
However the completion of 4th wave and Initiation of 5th Wave is not yet confirmed, although the stock the stock has kissed 0.786 Retracement level of 2-3rd Wave & Trendline support of 0-2-(4) & RAS of 10th JAN 2019. Most probably it should reverse from here.
Any confirmed reversal candle pattern has not been seen.
Once any BUY signal is seen , it will be updated in updated ideas section
CHART & ANALYSIS
Adarsh Dey
GODREJ PROPERTIES good long candidateExpecting good upmove in counter from current levels
bullish study,, indicator are giving signs of trend reversal
atleast 5-7% upmove expected
Good long candidate
KOTAK BANK good long candidateKOTAK bank spot cmp 1630
Bullish wolf wave formation
multiple support around current levels
Good long candidate
