Hi Folks, Welpsun corp is under ongoing long term impulse. In mid term, it is undergoing 4 wave wherein we can see expanding flat triangle. Wave 4 can be seen with ABCDE sub parts in a triangle formation. Once the upper trendline is taken out and Weekly RSI makes higher high, then we can ride the 5 of larger 3 wave.
Hi Friends, Tanla Platform has retraced and bounced from approx 0.618% of the previous impulse. For confirmations, levels are marked. Their is impending 3 wave which can start. Trade with confirmations and take quantity likewise.
0.5 Retracement point found in previous swings. Potential AB=CD pattern marked in the chart. Supply and demand zones identified. If resistance is broken then the potential target is marked. Until then it is sideways between supply and demand zones.
This is the Elliott wave analysis of Force Motors on DAily TF, below are the inferences - 1. Stock is in C wave, which is the end of correction after an impulse. 2. It can still continue correction further after creating the bottom. This correction might be time-wise or sideways correction. 3. But currently, the C wave is yet to be completed. 4. Projections or...
Hello Friends, Currently, movement is sideways to bullish. Stock is taking support on 61.8% retracement of A wave. Stock is completing corrective fall in B wave, hence the speed/movement is slow. Wave C has mostly started, invalidation level is marked too. Targets as per Fib extension given.
Stock is in an uptrend since it made a low of 73.20. Recently broke resistance at 182.50 and continuing in wave 5. Although, on higher timeframes it is giving negative divergence on momentum indicators, still a small quantity can be initiated with strict SL. Also, the basis of Gann Octaves is an Out of orbit case with a minimum target of 184.50. The analysis is...
Stock is on an ongoing impulse in daily, weekly, and Monthly timeframes. Currently in 3 wave of short term. and 5 wave of Long Term. Stock must be accumulated at every dip. The target zone is marked on the chart. The analysis is only for educational purposes. Please trade at your own risk
1) 14.10 - 16.50 -> strong supply zone 2) Wave 4 seems to be completed in this impulse move with ABCDE corrective pattern completed. 3) If this wave sustains over 21.70, confirmation of wave 5 is done. 4) Targets -> 25.30, 32.75 Views are personal, only for knowledge sharing. Not a recommendation.
Hello Friends, Currently, Nifty is in a short-term correction. In the long term, Nifty has been in motive impulse wave since 20 March 2023 registering a low of 16828. On a major degree, 3 wave is completed on 6 July wherein subordinate 5 wave is completed. Currently, 4 wave correction has started with a smaller degree a wave is unfolding. 4 wave is expected to...
HAL is in long-term impulse. Wave 3 is unfolding in the long term. In Midterm, 3 wave of major 3 is going on. It will enter short-term correction after the completion of wave 3. The target for wave 3 is marked with fib projection. The analysis is only for educational purposes. Please trade at your own risk
BEL is in long-term impulse. Currently in 3 wave of the mid-term trend. Targets are marked with fib projection. The analysis is only for educational purposes. Please trade at your own risk
Voltas is in short/mid-term correction. Wave 4 of ongoing Long term impulse is unfolding. In the mid-term, ABC is unfolding with the current A wave going on in the very short term. Retracement of 4 wave is marked with fib retracement. The analysis is only for educational purposes. Please trade at your own risk
The stock has entered into a mid-term correction. Wave 4 of ongoing long-term impulse is going on. Internal Wave C of 4 going on, targets are marked with fib retracement. The analysis is only for educational purposes. Please trade at your own risk
Currently, the stock is in Upmove in the Long term and short term. In Long Term, wave 5 is going on. In the short term, internal 3 of 5 is going on. Targets are marked with Fib projection. The analysis is only for educational purposes. Please trade at your own risk
Stock is in ongoing impulse on a major timeframe. In the short term, it is in an ongoing correction. In the very short term, the Stock is in the B wave, a breakdown of the recent swing low with good volumes can ensure start of the C wave. A negative divergence of RSI can be observed in the recent upmove. Due to Ongoing Flat correction(3-3-5), the rule of...
Stock is trading in Impulse on Major (Weekly and Monthly) Timeframe. Currently, trading in a short-term correction. Retracement levels are marked on the chart. 4 wave of Major 5 is going on. Expected to complete short-term correction in max 2 weeks and again start up move. The analysis is only for educational purposes. Please trade at your own risk
Harmonic - Bearish Bat formation Need to close above 1579 and sustain for 1 hr. Tgts - 1590 - 1603 - 1612 - 1632 Elliot Wave - Currently in C wave of subordinate ABC wave of a larger B wave. Sharp correction once C is completed.
Harmonic - Bearish Shark formation Already closed above the critical level of 845. first target done 851.75. Tgts - 856 - 869 - 884 Elliot Wave - Currently in C wave of subordinate ABC wave of a larger B wave. It might retest 845 level in this upmove. Sharp correction once C is completed.