Rajeshrss

Rajeshrss

As per Elliott wave theory Bank nifty price currently trading in Wave (c) of second standard of corective wave pattern. Wave (c) it self five wave structure and todays price is in its vth wave of wave (c). Tomorrow is very crucial day and either side move may come. Lets see either price terminate tomorrow at current price 30550 or touch upper channel line near...

Rajeshrss

SRTRANFIN is trading in its b wave as shown in chart. As per Elliott wave perspective price may pause near 950 level. After base formation any pull back sign will give a good buying opportunity for 1700 price. Watch this stock carefully.

Rajeshrss

As per elliott wave perspective Biocon currently trading in its wave C with internal five wave structure. Fifth wave of "c" is also forming internal five wave and about to form falling wage pattern. Any sign of pullback will give strong short term trading opportunity in this stock and I expect stock may jump towards 560 - 575 which is 38.2% and 50% fibonacci...

Rajeshrss

Here I am posting nifty long term Elliott wave analysis. Currently we are seeing nifty sliding in its IVth wave. Nifty Compleated "b" wave of (IVth) near 11789 after that price is falling in "c" wave. As shown in chart price may slide upto 9200-300 near Channel support in long term as shown in chart. "(c)" wave price may fall in five wave formation. Currently...

Rajeshrss

Indusind Bank Price is falling in impulsive in nature from 1825 in internal five wave structure. Today price revrsed from 1454 are in its last (fifth) wave. In Near 1338 and 1375 is support zone. and price may jump from this zone. From trading perspective as long as we seee a close above previous day high taking long position can be risky. Aggressive traders may...