Short term Bearish road map described on chart, down leg going to be completed in very short time sharply by nature of pattern.
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...
Banknifty at resistance zone. Triple top. Expecting bearish Wolfe Wave. Pattern invalid close above 42750.
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...
Wolfe Wave Entry =35058 Stop loss =33851 Target =38124 Educational Purpose Only
Bullish Wolfe Wave Activated in Nifty Bank All details mentioned on charts. _______________________________ Analysis for Educational Purpose Only
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
In 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...
A 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
This 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...
A 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....
Bullish Wolfe Wave Pattern spotted. Ride the pattern here.
Expecting 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 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,,,,
NSE:CUMMINSIND is showing Bullish Wave Pattern For swing Trade - Long with SL 760 for Target somewhere around 865-880 CMP 799
NSE:GRANULES is looking bullish and wolf wave Bullish is in action. With SL of 322 Holding Target for 400 can be aimed.
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...