S&P 500 at important juncture Long term channel keeping it down It's good to watch whether it would continue in uptrend channel or fall into flow of the downtrend. It's an analysis, not a trading advice, trade with due diligence.
2 possible formation in action abc may ended in form of zig zag internal count 5-3-5, bigger 3legged A completed, B in progression. If downtrend continue with 5 leg down, it will remain in bigger downtrend only , completing 5 (A)of 5-3-5 , slight up move will come (B)with again down with 5 leg downtrend (C). Bigger Zig zag in unfolding It's a analysis, not...
Bpcl up move Breakout from channel May gain in short term.
DEEPAK FERTILISERS LEVEL 700 it got caught IN ZIG ZAG PATTERN possibly 5 th wave in progression, can come upto 700 A FIB LEVEL
ELLIOTT WAVE ALREADY 1,2,3,4 completed In it's 5th wave in progress Plot with fibonacci levels
ELLIOTT WAVE ALREADY 1,2,3,4 completed In it's 5th wave in progress Plot with fibonacci levels
Projection of RELIANCE stock on wave theory and fibonacci levels Seems to be in uptrend in a channel Will be confirmed after some price action. Let see. Bullish till 3350
TATAELXSI 20% MOVE possible as retracement towards up direction will start shown 90 day target can be considered
ZOMATO 9% UP MOVE up move will continue till the channel top if rally continues
techm 7% move possible up trend if continue can give 7% in 30 days
vedl 15% up move possible Trending suggesting up move 15% in 30 days
Double bottom formed, C wave completion to be confirmed, if overall selling in market will be there price could touch the channel low, or else pull back from this point only , up move anticipated . Wave counts are included .
ONE SMALL UP MOVE CAN BE ANTICIPATED IN THIS WEEK PRICE ACTION WITHIN CHANNEL one small up move can be anticipatd in this week , price action within channel
hdfc bank elliott wave count, 1 2 3 4 5 wave uptrend, correction ABC completed