It seems that stock has completed the correction phase in WXY pattern. The complete EW counts are shown on the chart... Please dont forget to give like if u are in agree.
Bank of Baroda about to complete wave 4 of lower degree in triangle form. Now it can show upside move or can move upside by giving one more dip. SL 206.5, Tgt 230....For Educational only. Pls like the post if u agree
Please refer previous posst on Bank Nifty chart. In previous chart I mentioned that wave A complete or near to complete and wave B will start. However, wave retraced more than i expected. Now, wave C in progress and seems wave 1 of C is done and will do wave 2, 3, 4 and 5. Since wave 1 is extended therefore wave 3 probably will not be extended one and should go to...
Pls refer my previous post on Nifty. This chart is continuous chart of previously chart. Presently Nifty is corrective wave iv and this could be deep and sharp as wave ii was very short. Rest on chart..... Pls like the post .
Bata India Chart. On Elliot basis,There are two possibilities from here in the stock. Elliot counts for both views are plotted on chart. Primary view is marked in black and secondary in yellow.
Probably Nifty has completed its corrective and can resume its upward trend. However a resistance can be seen at 19500/600/700. Now if it breaks and close below 19250... Than again we can see downtrend upto 18800 levels. Rest is in Chart
Bank Nifty has completed corrective wave A and now will star wave B. Levels shown on Chart
Balkrishna Industries have broken the traingle pattern. It has completed wave 1 and is doing corrective wave 2 which can end somewhere around 2320-2200..Frome there it can show a fast and long rally
It seems that Nifty has completed its wave iv of lower and entered in formation of impulsive wave v. All tgts and levels are shown on the chart. INVALID BELOW 19295
The chart shows that nifty has completed internal wave iii of higher degree wave III and in coorection phase of i. e. wave iv of higher degree wave III. This correction could end in between 19476 - 300. From their we can see another impulsive wave v of higher degree wave III. INVALID BELOW CLOSING 19300
Bank nifty has given break down. This move can be a impulsive but we are considering ABC for now. In this abc wave A and B completed and wave C is in progress. Targets of wave C shown on charts... Move above 43720 for min will invalide the analysis..
Tata coffee has given breakout after one and half year consolidation. Stock was in a range bound and also didn't retraced more than 38% of previous move. Now it breaking the range with good volume giving the formation of WXY correction... Now it seems that impulsive move has started... Rest is shown chart..
Nifty move from 18060 to 18777 was a corrective wave B, which was also a double irregular. Now corrective wave c has started which may not go long asnwave b was a strong wave. Tgts shown on charts.
Wave 5 of higher degree that may be wave 3 or C, is unfolding in ED. If it's so, than we can see sharp decline which may go to upto 42000 levels, as it is known that if wave 5 ended in ED than it Retraces fully.... Invalid Above 43500
Bank Nifty wave 4 in current impulsive move is correcting in double correction i.e wxy... Which could end around 39900
Please see my previous post in which we have predicted wave to be a triangle and A and a, b of B of triangle was completed and today we were expecing c of B....... Today Nifty moved same as we predicted and formed wave B with a slight change in the path... Wave crossed start of wave A and done 110%...which resembles to Irregular flat.... So we are changing our...