Ajay7871

Ajay7871 Updated 

NSE:LUPIN has just completed wave 1 which was a leading diagonal, with deep corrective wave 2 almost 0.236 of fibo retracement and also healthy volume built-up which looks good to buy, with Sl of 594 and Target of 733 , 881 .

Ajay7871

Can go bullish if 66 price level not broken. as per understanding about Elliott wave Theory, LTFH is in correction Intermediate wave ABC in larger TF, but bullish in daily TF or Minor wave C . one can go long till fibo ratio 1 /1.272, which can be Tr-1 = 154 , Tr-2 = 201. be cautious, good luck. Happy Trading.

Ajay7871

As shared previously, (Motherson Bigger TF) chart still looks bearish need to wait to buy can go down till 52 or if it breaks 77 one can enter to BUY.

Ajay7871 Updated 

Infy 1H chart, if breaks below 1482 good to sell, start of minute wave5, please also refer to below daily chart analysis of infy.

Ajay7871

INFY is going down in Channel expecting wave 5 to go near 1354 & then 1278. if the price breaks the invalidation level (1465) then the whole markings are invalid.

Ajay7871 Updated 

As you can see Divis Lab is on the way to downside, in minor Wave E forming a Triangle pattern. As per EWT minutte wave (c) can travel till fibo ratio 1 or 1.2 which are also my target. But a trader must be cautious if it breaks the invalid level of 3710, if this level breaks above all study/ Analysis will be invalid.

Ajay7871 Updated 

As per above chart BEL has given a triangle breakout which is end of Wave 4 and can go above for till those two target 264, 298

Ajay7871

NSE:SRTRANSFIN is in wave 5 of larger degree and also in smaller degree. more possibility of going bullish, safe entry after breakout of ending diagonal.

Ajay7871

As per above Chart analysis possibility of ending wave 4 which was complex wave WXY, now it can continue it's uptrend in wave 5 which can extend till 0.786 fibo ratio.

Ajay7871

NSE:MOTHERSON is in Correction wave ABC but in smaller TF its moving up and can retrace till the channel.

Ajay7871

As per the above chart NSE:MOTHERSON is bullish has given a breakout and can go till the upper line of the channel, If it breaks the channel there is possibility of further upside. But till now it looks like its going in Correction wave ABC. Where wave C can go till Ext fibo ratio of 1.272 or 1.618 . Safe to book near 1.272, Considering the bigger timeframe...

Ajay7871

As Seen in the chart there is possibility of reversal as one can see wave C is completed with 5 waves and 5th wave is ending diagonal. So, there is a probability that price can go and touch the median line of the channel which is my first Target & can be pulled back for some time and then further can touch to the upper line of channel. Note - before taking trade...

Ajay7871

Above is the view shared for KOTAKBANK, wherein it can go long of Wave 5 or in correction Wave B.

Ajay7871 Updated 

In TATASTEEL ending diagonal has been formed at the end of Wave B, If there is downward breakout one can expect down move which is the start of wave C, if it didn't breaks the invalid level placed at 1386.7, then the marking are invalid.

Ajay7871

As seen in the chart Minute Wave C is completed, which completes the Minor Wave 4. So, one can expect the Start of Minor Wave 5, Minutte Wave 1, is formed as Leading Diagonal Wave 3 can be go up. As seen in the whole Auto Sector is in rally one can expect 20% up move. If the price broke the Invalid level then it needs to recount. Note - before taking trade...

Ajay7871

As seen in the chart Minute Wave C is completed, which completes the Minor Wave 4. So, one can expect the Start of Minor Wave 5, Minutte Wave 1, is formed as Leading Diagonal Wave 3 can be go up in big move, as seen in HFCL one can go through my HFCl analysis. If the price broke the invalidation level then it needs to recount. Note - before taking trade please...

Ajay7871 Updated 

Above is the view of #ASIANPAINT which can go downward from 3100-3120 range, of smaller blue Fibo 0.786 as one can see in above chart, Also which can be the area to short the price & start of the 3rd mini wave of minute wave 5 . Please take in consideration, If the high i.e. 3163 is broke then the counting is Invalid. Note - View's provided are for Educational...

Ajay7871

Jubliant foodworks has started upward rally can go min 15% till 681.95 or can go beyond it, till 780 2nd Tr. here minor wave 5 has started in which minute wave 3 is going on. Note - before taking trade please do your own Research above shared views are for educational purpose.