AmznHopefully this is correct Wolf wave on Amzn
though BO came at 120 still 155 is imp level to cross
Wolfepattern
ULTRACEMCO - Bearish WW PatternTwo Bearish Wolfe Wave in Ultratech Cement.
Time period - Weekly
Pattern invalid Above 7708 on closing basis
Let's wait ........
MMTC - Bullish WW PatternBullish Wolfe Wave Pattern in weekly chart
Time Frame - Weekly
Double bottom near 26.50 levels
Invalid below 26
Buy Right, Sit Tight
Vijay Kedia increases stake in Atul Auto.Market Cap : 881 Cr
Atul Auto manufactures and sales Auto Rickshaws in domestic and overseas market. Atul's diesel engines are supplied by Greaves cotton whereas they makes their own engine for petrol and alternative fuel vehicles.
Capacity expansion
The company completed green field expansion taking the total capacity to 120,000 units on September 2021 at a cost of 150 cr. assembly line would be made operational in FY2022-23
Atul held 30% stake in Khusbu auto finance which was recently increased to 100%. The stake was valued at 64 Cr.
Short Term Bearish Short term Bearish road map described on chart, down leg going to be completed in very short time sharply by nature of pattern.
BIOCON OVERSOLD (FIBO TIME ZONE ANALYSIS )Biocon Ltd looks fundamentally very disappointing but there are few patterns on charts that makes it technically interesting at this point of time. Betting for an upside with a calculated risk doesn't seem as a bad option for now.
BIOCON ON CHARTS:
- Biocon has formed a Bullish Wolfe Wave.
- After 10 Weeks the Weekly closing has been above prior candle's close.
-The bullish pattern has been formed at a very important Fibonacci Retracement level of 89%.
- RSI is at Oversold zone and at Reversal Zone.
- Negative DI index stands at 31, it generally indicates a oversold trend and a trend reversal in Biocon. Because -ve DI in Biocon never crosses 35.
- Directional Index stands at 38. Generally 40-50 Level is a trend reversal indication.
- According to Fibo time zone analysis, Biocon is nearing 5.55 Time level. It is a trend reversal level.
A good up move above 260 can lead the stock to 320 Level. SL seems to be at below 220.
CHART & ANALYSIS
ADARSH DEY
BANKNIFTYBanknifty at resistance zone.
Triple top. Expecting bearish
Wolfe Wave. Pattern invalid
close above 42750.
GRAPHITE INDIA LTD (WOLFE WAVE)Graphite India in Bullish Wolfe Wave. As this analysis has been done in weekly time frame so having patience is advised for the target and return.The Rate Of Change has been customised for a better fit. The ROC indicates the initiation of a uptrend. However, the major up move is expected for 587 when the stock closes above 418 on Weekly basis. So it is advisable to venture into this trade after a proper confirmation.
If we closely look at the stocks in Graphite & Carbon Segment majority of the stocks are bottoming out or in uptrend. In Graphite & Carbon Segment 1.HEG & 2. PANCARBON has some bullish sign as well . One can focus on these two stocks as well apart from Graphite India for good returns.
CHART & ANALYSIS
ADARSH KUMAR DEY
NIFTY BANK | 1D | LONG | #Wake'N'TradeBullish Wolfe Wave Activated in Nifty Bank
All details mentioned on charts.
_______________________________
Analysis for Educational Purpose Only
Reliance Industries ltd.Reliance Industries Ltd has formed a Bullish Wolfe Wave structure in Hourly chart.This could trigger a target for 2570 to 2676. The SL very strictly stands to be at 2500.
The last Analysis done on Reliance was on 31st July 2021 at 2030 Level. And the bottom was very accurately predicted.And rest is History.Link is below
Chart & Analysis -ADARSH DEY
NIFTY OUTLOOKIn the previous post of NIFTY OUTLOOK the weekly target and support was given and alarm for cautiousness was updated. The target was missed by a small margin and as expected NIFTY came rolling down. But the weekly support was not broken and respected Dot to Dot . In-fact a Bullish Wolfe Wave was formed at support which was even updated when nifty was at its bottom. ( The link is mentioned below )
The target was mentioned as 18310 which was even achieved and a downside reversal was seen. So managed to achieve 300 Points return in NIFTY
The reversal was because of a Bearish Wolfe Wave formed and the target of it remains to be 18100 Levels.The level is important because it is a cluster of P4 of Bearish wave formed and the Golden Ratio of the entire recent uptrend.Once it is broken the targets will be updated or if nifty takes support the next move will be updated as well.
If you regularly go through my ideas and find it useful, please like and Follow. It keeps me motivated.
Chart & Analysis By- ADARSH DEY
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
SYMPHONY LTDA wolfe wave has been spotted in Weekly Time Frame. After the covid fall the Wolfe wave has already activated.
Currently the stock is forming its 2nd Wave. The 3rd wave is yet to be initiated. Hopefully it will take a support from this level to 911 and initiate the 3rd wave. So it's a accumulation zone. One can accumulate from here or after getting a reversal.
Stop loss and Target would be updated later.
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
VOLTAS good long candidateVoltas wolf wave formation with positive divergence on RSI and MACD,, MACD on verge to give positive cross over,,
Counter can give 7 to 10 % up movee
Good long candidate,,,,
CUMMINSIND Bullish Wolf waveNSE:CUMMINSIND is showing Bullish Wave Pattern
For swing Trade - Long with SL 760 for Target somewhere around 865-880 CMP 799
Granules - Bullish Wolfe Pattern for Long Positional TradeNSE:GRANULES is looking bullish and wolf wave Bullish is in action.
With SL of 322 Holding Target for 400 can be aimed.
Analysis on Axis Bank (short)Wolfe wave analysis - Bearish wave
if candle close above 810, then the pattern fail.
risk to reward favour short, clean sell setup with strict stop loss
Apart from Wolfe bearish wave, I can find out completion of Elliott impulse wave 5 (last bullish wave) I expect Elliott corrective wave occur soon in the ABC pattern
will enter short with confirmation - 30mins candle close in red
Adani Transmission Limited hourly Bear Wolfe wave setupAdani Transmission Limited
hourly sell near 296 small stoploss 301 takeprofit 286
Disclaimer: The chart provided is only for educational purpose and not a trading recommendation. Consult your financial advisor before taking the trad
