KunalSaxena10

KunalSaxena10

Hello Friends, DLF has been showing sharp upward movement for a few weeks. It has completed a major degree of correction, which seems to be a significant up move impulse. 3 internal wave of impulse is going on, targets are the marked basis on fib extension on 1-2 internal wave. 3 wave seems to be an extension, it has already crossed 1.618% levels. Move is...

KunalSaxena10

Hi Friends, Tata Motors is in up move from a couple of weeks. The move is expected to continue after a brief retracement. Retracement levels are marked with Fib retracement. A zone around 452 can be a potential reversal zone. 2 daily closings below 61.8% fib marking will confirm the trend change.

KunalSaxena10 Updated 

Here is the Elliott wave analysis of BNF on 1 Hr TF, the following are the inferences. 1. Major correction in C wave going on on higher degree. 2. Internally, subordinate waves form the XABC pattern. 3. Potential Projection/Targets of C wave marked as fib retracements. Views are personal, only for educational purposes! Please don't treat this as trading advice.

KunalSaxena10 Updated 

Here is the Elliott wave analysis of SBI on 1 Hr Tf, the following are the inferences. 1. Security is in the downtrend. 2. Wave C is getting completed, major correction is going on. 3. Wave C is generally impulsive in nature, i.e results in sharp correction either time/price-wise. 4. First target already achieved. 5. 2-3 targets marked with fib projections. It...

KunalSaxena10 Updated 

Potential Reciprocal AB=CD pattern. Initial Targets of CD retracement of 0.382 and 0.5 are marked.

KunalSaxena10 Updated 

Potential Bullish Gartley pattern identified. A Retracement zone of 0.7 was marked from the previous swing for the supply zone. If the D leg is tested with the fall and the price sustains above supply zone targets are marked with 0.382, 0.5, 0.618 levels of retracement of the CD leg.

KunalSaxena10

Harmonic - 1. Potential Bullish butterfly pattern on daily TF. 2. Testing critical support/demand zone. If this is broken Tgts 3219, 3126 Elliott wave - 1. Irregular ABC correction is ongoing. 2. Currently, testing 0.618 retracements of B wave, if this gets broken elongated C is confirmed. First target 3151 and 1-1.236 projection of A and B wave. 3. If there...

KunalSaxena10 Updated 

Half Bullish bat pattern formed in the previous swing. The demand zone is around 0.618 retracement zone (golden ratio)—prospective targets 0.5 and 0.618 retracement zones. Also, there is a trendline it is respecting as a resistance.

KunalSaxena10

If 2 daily closing sustains over 700(supply zone) targets will be - 1 Tgt - 860 2 Tgt - 915 else it will be sideways between the supply and demand zone or will retest the demand zone.

KunalSaxena10

Potential AB=CD harmonic pattern completion. Supply and demand zone marked. High chances of up move if security sustains above the supply zone on daily basis. If closing below demand zone, will trigger a downmove.

KunalSaxena10 Updated 

Bullish Bat Pattern & Bullish AB=CD. The price is in the Potential reversal zone. Initial Targets will be 0.382 and 0.50 retracements of the CD leg.

KunalSaxena10 Updated 

Potential Support for Current Retracement. 0.382 - 0.50 - 0618 will act as strong support as it is a golden zone ratios.

KunalSaxena10 Updated 

Bullish Bat Pattern Completed, onwards to potential targets. First Target Achieved = 0.236CD Next Targets - Golden Zone 0.382CD, 0.5CD, 0.618CD

KunalSaxena10 Updated 

Bullish Bat Harmonic completed on daily TF. Potential Targets marked based on Fib retracement. Security is still in the bearish zone, trading below 20 EMA.

KunalSaxena10 Updated 

Potential Bullish butterfly yet to complete. PRZ marked with the completion of the above-mentioned pattern. Also, potential targets on the CD retracement are marked with fib retracement plot. Security is in a bearish trend as 20 EMA is trailing below 50 & 100 EMA on daily TF.

KunalSaxena10 Updated 

Potential Bullish butterfly yet to complete. PRZ marked with the completion of the above-mentioned pattern. Also, potential targets on the CD retracement are marked with fib retracement plot.

KunalSaxena10 Updated 

Potential Bullish AB=CD harmonic pattern. Resistance marked basis on current swings fib retracement. Supports marked on the basis of Fib extensions. If 1538 is broken, next support will be 1493.

KunalSaxena10 Updated 

Bullish gartley pattern completed on daily TF. Potential targets on reversal marked with Fib retracement of CD leg. Also, a major demand zone is present at reversal levels. Stochastic RSI and RSI 14 indicate reversal too.