Ajayadav

Ajayadav

Please see the previous post, stock has till moved exactly as projected and looks completed the triangle pattern. Now it can start upward journey if it doesn't go in double correction. Target shown...

Ajayadav

On a 15 Min Time Frame it looks like nifty has completed wave 3 and entered in wave 4 of ongoing Impulsive move and now it could consolidate and spend time in between 16900 to 17200. Wave can be a Triangle or a complex correction... After completion of wave 4 around and 17200 Nifty may again slide towards 16600 to comple wave 5..

Ajayadav

Bank Nifty broke the Triangle pattern after a long consolidation. Previous pattern of this triangle seems to be a ABC pattern and same is corrected in triangle. Now the next move could be again ABC in case it is double, else it could be 12345 in case it is Impulsive C

Ajayadav

Nifty primary move from here is shown in Black colour and secondary in yellow... The structure is very complicated and weired.

Ajayadav

The move from 39500 to 41722 seems to be wave A, which is likely LD Triangle and now we are in wave B, which is a irregular correction...and of that wave a is completed, wave b is likely a triangle. After completion of this triangle a sharp move to downside is expected which can go upto 40700 and from there Wave C can start...

Ajayadav

This stocks has completed 1 cycle. In this cycle we can see wave 5 was an extended wave, and we know that whenever wave is extended than it corrects sharply and atleast upto start of wave 5. Now stock is in corrective wave of cycle it can go upto 900 to 600 levels also, but it is very difficult to say where it will stop.

Ajayadav

HDFC Bank has completed ABC pattern on upside and now is making corrective ABC of previous ABC. We can see on the chart it has completed a & b of lower degree of ABC and may go down side to make c and complete the ABC pattern of lower degree..... So it can move towards 1365 levels from here if it doesn't breaks 1703 and goes below 1540...

Ajayadav

The Stock is moving in WXY or double zig Zag pattern. Yesterday's rally in Titan was seems due to formation of C as it personality is fast and steep. Now stock can show down move from here and go upto 2200 levels..

Ajayadav

Nifty broke the consolidation zone on downside very sharp and also breaches the 61.8% retracement level of previous move. It shows that Nifty is Short for Medium term...... Now if we talk for next move of nifty we can see that it has completed wxy in double zig zag pattern.. after that we were considering that one more zig zag... But since it had breached the...

Ajayadav

Kotak bank has completed or is completing ABC pattern which is a Irregular Flat. It might be end arount 1740 and from there it can start a fresh impulse or again a ABC on upside. It happens we can see 2000 Immidy levels.... Rest is shown in the chart

Ajayadav

It looks like indusind bank is about to complete the complex correction... The overall structure seems to be a Flat correction of which wave C is in progress and could end around 1090...From there it can resume upside for wave 5...

Ajayadav

Everything same of my previous analysis till double correction...... The changes are shown in the chart... As per this chart we are still in correction phase of abc of double zig zag and it bade made a extended B and started or will start wave of corrective wave...

Ajayadav

In my previous analysis I have been assuming it has done double correction and expecting upside move towards 18470....Nifty tried to go towards this level twice but failed.... And moved downwarda and made a new low... The move from 18265 to 17760 is another ABC and this shows that nifty corrected in tripple correction of which C of Z has completed or about to complete....

Ajayadav

Bank Nifty New Possible counts.... Invalid below 41560.... Buy around 41660 Sl 41560

Ajayadav

Long Bank Nifty on dips for Targets as shown on the charts with SL 41870

Ajayadav

Buy Nifty if it comes in range of 18000-17950 with SL 17990...Immidiate targets will be 18250/18470..Rest in the Chart

Ajayadav

Nifty has two possibilities... Primary view is upside and secondry is downside and shown in yellow colour..

Ajayadav

Stock has corrected in double irregular flat correction wace unfolding in ED.... It may start move from here or from after so. E more downside.... Rest shown in the chart