Osurikiran

Osurikiran

In zig zag pattern wave (C) completed index could trade up for few more days target @ 24350 then a small possible correction after that target @ 25000

Osurikiran

Wave (c) in progress With in wave (c) wave 4 is complted Now wave 5 need to farm Short term wave 5 could retrace entaire wave 4 Target - 24100

Osurikiran

ZIGZAG Pattern completed Now price break above upper boundary line of corrective ZIGZAG Pattern, Price could move to a target level of 4200 Wave (B) = retraced Wave (A) by 23.6% Wave (C) = 78.6% down side project of Wave (A)

Osurikiran

ZIGZAG Pattern completed Now price break above upper boundary line of corrective ZIGZAG Pattern, Price could move to a target level of 4200 Wave (B) = retraced Wave (A) by 23.6% Wave (C) = 78.6% down side project of Wave (A)

Osurikiran

FLAT Pattern completed from top 3886 to bottom 3055, Then price rallied forming impulsive move. If price move above internal wave 4 of wave C then we assume as impulsive wave is in progress. once price corrects this impulsive move, one can take position for target of 3850 Wave(C) = 2 X Wave (A) Wave(B) = Retraces Wave (A) by 78.6

Osurikiran Updated 

ZigZag Correction ended now followed by impulsive move with in impulsive move wave 1 and 2 are completed wave 3 in progress wave 3 target @21650

Osurikiran

In 15 minutes time frame bank nifty identified Zig Zag pattern and the pattern was completed its wave C, even wave C has internal 5 waves, next move will take the price to higher, price target will be updating as it unfolds

Osurikiran Updated 

After price drop from levels 22124 to 21285 the price action id as impulsive move and labeled as Wave (A) now wave (B) is in progress with in wave (B) its internal sub wave A and B are completed and wave C required to progress Target forwave C of Wave(B) is 21810 & 21880

Osurikiran

impulsive move completed at around 48300, the pattern id's that in wave 5 ending diagonal is formed Now price swift reversal is in wave A target for wave is 48000 and then wave C 47815

Osurikiran Updated 

From EWP price action from 48636 labled as WXYZ pattern is in progress, with in this pattern wave-W X Y are completted now wave Z is in progress Target for wave Z is between 47000 and 46800 even below those levels

Osurikiran Updated 

tata motors is completed complex wave pattern W-X-Y contained with in the channel once break above the channel one could expect price to go high other wise price could retrace back to form 'wave - Z' of complex W-X-Y-Z and then it will go high for investment tata motors could be added to watchlist for a target of 660

Osurikiran Updated 

TECHM could rally once it is corrected to a level between 1093 to 1098 support taking it goes to 1116 and above wait for support and take long position

Osurikiran

it is evident that reliance is completed its wave 3 ( minor degree) the minor wave 3 ( minor degree) it self is contained five sub waves ( minuet degree) completed now wave 4 (minor degree) is in progress , according to EWP wave 4 correction could end near or at levels of sub wave 4 (minuet degree) of preceding wave 3 ( minor degree) witch is at or near the...

Osurikiran

Early from low of mid june JSWSTEEL scrip is rally in 5 five sequence the fifth wave formed as ending diagonal with truncated internal sub wave of 5, a truncated wave formed means it cautions impending price move as sharp raise/fall. in current case bullish ending diagonal with truncated fifth wave means sharp price fall is expecting. Entry: below 727 Target:...

Osurikiran Updated 

from EWP it is evident in bearish trend wave c is unfolding. With in wave c smaller wave 1 and wave 2 are completed now wave 3 is unfolding , in medium term with momentum could drop price towards 210 then 185 levels , Also Upper boundary line of parallel channel is testing if it fails to break above the upper boundary channel it is bearish in trend if not this...

Osurikiran

it is evident from EWP Voltas had ended its bearish impulsive wave. one could have a long position to benefit bullish corrective A-B-C wave or W-X-Y with a price target 1050 witch is significant as it as end point of wave 4 of one lower degree

Osurikiran

From EW analysis it is evident that FLAT corrctions is ended in mid of MAY/2022 month, there by waves are evident for impulse wave 1 once its 5th wave of lower degree is completed, wait for corrective wave 2, after that sharp, steep, price action of wave 3 for good opportunity Disclaimer: iam not holidng any position, its only for knowledge and educational...

Osurikiran

From the low of 73.691 USDINR rallied to 77.160 in complet five wave sequnence, from the high 0f 77.160 is evident that USDINR is correcting wave. assuming at early wave formation the wave as ZIGZAG primary A-wave is completed and B-wave is in progress, the B-wave Fibonassi retracement targets @61.6 is 76.728 and @78.6 is 76.917. once the primary B-wave is...