MAYA_MUMBAI

MAYA_MUMBAI Updated 

Tata motors is on a down-swing & trade the trend is your best friend As per the trade shorting should be the rule in Tata motors However i see a major support @ 173 , take your profits there !!!

MAYA_MUMBAI Updated 

The occurrence of extended wave 5 is sheer magic. i am not sure whether my wave count is correct if wave 5 (within wave 3 ) is extended , then we should see a value around 200.

MAYA_MUMBAI

Greater fool theory states that the price of an object is determined by irrational beliefs and expectations of market participants. Bull market will run until the last fool has bid up the price of a security up to its maximum price. Once done,there are no greater fools willing to pay more for the security. Therefore, the bull run is over and the index must...

MAYA_MUMBAI Updated 

i have been inspired by @kinnari_prajapati to publish this post please refer to her charts to find out more details on this post...

MAYA_MUMBAI Updated 

While identifying the precise end point of an extension is often a challenge, you can become quite rich by joining in once the extended wave 5 finishes. Typically, a market comes down to the level of 2nd wave of the just completed 5th wave So i assume Tata Motors is a buy @ 169 to 170 with a SL of 165 for a target of 180 Disclaimer - 1) I'm a learner ...

MAYA_MUMBAI Updated 

I'm not an elliott wave expert But by the look of it , it appears like an Irregular correction to me Experts can comment on it !

MAYA_MUMBAI Updated 

im not an elliottician , Just trying my luck - not for trading purpose

MAYA_MUMBAI

Price action always gives up to date information. The interpretation of price is an art and not an easy task. Adding a method to support one’s strategy, and an analysis which has more predictive value, could be very useful. A proper divergence is only present when the histograms indicating momentum have retraced back to the zero line. Two subsequent lows or...

MAYA_MUMBAI

Here i have shown a weekly chart of Tata motors with support and resistance As an investment - i guess Tata motors is a good buy because of following reasons :- 1) Break of lower low - lower high pattern.. 2) Break of trend-line.. 3) Mac-d on weekly & daily time frame is positive.. Buying can be done in the range of 160-170 with Sl as 150.... Immediate...

MAYA_MUMBAI Updated 

i read many post to get ready to short the market , Hence i am giving my humble views In the chart here, i have shown 2 supports 1) Horizontal Support 2) Trend line support Unless and until - these supports are broken - Never short this market 3) mac-d on weekly and daily time frame is positive 4) Price is above 200 ema These are just my...

MAYA_MUMBAI Updated 

Here in this weekly chart of Escorts , - I have shown the 1) Support and the Resistance 2) Trend line resistance Mac-d is currently on +ve side on weekly chart Price is above 200 Sma and is pointing upwards Price is at a support level on weekly chart Critics are welcome to comment on the above chart !!

MAYA_MUMBAI Updated 

There is confluence of 1) Price action 2) Channel 3) Inverted Hammer Hope this time Suntv will oblige me !!!

MAYA_MUMBAI

An attempt in wave analysis ! However since on larger time frame it is showing corrective pattern , it is advisable to go with the trend rather than taking a contra trade

MAYA_MUMBAI Updated 

This is a daily chart of Suntv where i have shown the support and resistance range in rectangles Suntv is already in downtrend - so we are looking for set-ups for shorting the stock Suntv has already resisted from the resistance zone Now where do we short sell Suntv ?? For that we shall go into the hourly chart!

MAYA_MUMBAI

Federal bank recently gave an up-move from 67 to 97 (more than 45 % up move in a short duration of 3 month ) Congratulations to all those who analysed and traded well Every trader has strengths and weakness. “You have to learn the rules of the game. And then you have to play better than anyone else ”-albert einstein Now coming to the analysis , The up-move...

MAYA_MUMBAI Updated 

As Joel had predicted (Link below), Tata motors bled before Valentine day . I also wish to thank yogi sharma & Ajay sharma for the wave counts in Tata Motors... Now what Next As pointed in the chart , The next question will be -- Can Tata Motors now cross the hurdle or the Supply area ?? I present this question to the esteemed trading-view audience !

MAYA_MUMBAI

I thank all the users of the trading view for the comments on my previous post on Escorts. (link posted below). it was an over whelming response and i was very pleased to hear from everyone Thanks once again for spending your valuable time and pondering over the wave patterns In fact i am a novice in wave labeling , and i understand there can be multiple views...

MAYA_MUMBAI

it is a higher high , higher low pattern Can it be called Leading Diagonal ? Elliott wave analysts - Please comment on the above chart !