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Erickson_john Erickson_john EURUSD, 1W, Short ,
276 0 4
EURUSD, 1W Short
EUR/USD Technical analysis

The Weekly chart of EUR/USD has formed a Full Elliot waves Pattern The Pair after completed (12345) Elliot waves now it is the formation of making corrective waves (ABC) Short after the correction wave B for the another bearish impulse move on the cards.

SirajHudda SirajHudda NIFTY, 60, Long ,
421 2 4
NIFTY, 60 Long
Nifty Forecasting - Bullish Up Correction and Then Down Move

Nifty would give bullish correction towards 10700 - 10850 range which is 50 to 61.8% Fib Retracement from where it might again start its down correction towards 10,000. Happy Trading!!

92 0 1
SRF EW analysis - sub wave C of wave (2) is going on here.

In monthly, ew count shows that sub wave C of wave (2) is going on here. Here are the fractals of wave (2) in daily, https://in.tradingview.com/x/JR0zn0ZA/. fibo extension of sub wave C. https://in.tradingview.com/x/8FknQmj5/ . 1(1251), 1.272(1085) quite possible here. fibo retracement levels for wave (2). https://in.tradingview.com/x/Ee1mcrdL/ .382(1235), ...

bbhalaji bbhalaji TVSMOTOR, 120, Short ,
52 0 0
TVSMOTOR, 120 Short
ZIG ZAG corection in TVS motor

The pattern formed in TVS motors suggests that it is undergoing a zig zag correction. Wave A and Wave B of the correction is already over. I am expecting wave C to be either 100%, 138% or 161.8% of wave A. Also it can be noticed that the support line in wave B is broken. The complete pattern assumption becomes invalid, if the high 380 is broken. Let's wait and ...

bbhalaji bbhalaji INFY, 240, Long ,
62 0 3
INFY, 240 Long
Infosys in a Zig Zag correction in the daily chart ??

In the daily chard Inforsys is about the complete the wave a of the corrective sequence. It is at the last phase of finishing the fifth wave A in a ending diagonal. One can expect the corrective wave B which can retrace 56% of wave A as shown. In the short term ne can look for long intraday positions. In the medium term one can ride the wave C in the short side.

NeeteshJain NeeteshJain SBIN, 60, Long ,
156 5 5
SBIN, 60 Long
SBI - Breaks out Previous Resistance, Wave 3 Progress

It 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 ...

99 0 4
NIITTECH Completing Bullish AB=CD Pattern

From Jan 2016 till Aug 2016, the price action is in a correction phase. Now it has formed a Bullish AB=CD Pattern which also represents a zig zag pattern as per the Elliott Waves Principles. This indicates a short term bullish trend reversal with targets as below Target 1 (0.236) - 432 Target 2 (0.382) - 461 Target 3 (0.618) - 610 Stoploss: 380

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