THE INTRODUCTION As you all know the waves always moves in zig zag fashion, either it moves up or it moves down, but the pattern always remains same i.e. Zig zag. So, the most important question is, with which method one can define the trend or some meaningful pattern, which can help anyone to plan his trade & other opportunities. There are multiple technical...
Here, I have tried to share nifty chart for a short term on 1 Hour. Here, numbering could be tricky, the wave could be impulsive or corrective. However, I have shared the numbering for both. Considering the personality of waves, it looks like we are in wave 4 (correction) or it could be the start of new impulse who knows? Possibility it could touch channel...
THREAD ON MAHINDRA & MAHINDRA We are on the Weekly TF of Mahindra & Mahindra-- We have done the counting since the origin as per Elliott Wave rules. Wave(1)of 1 completed@ 417/- Wave(2)of 1 got completed in form of simple correction@312/- wave (3) of 1 got completed in the form of normal wave 3 & got completed@ 717/- Wave(4) of 1 got completed as a complex...
What I have tried to explain is Nifty complete cycle structure: cycle (1): wave 1, has been completed @1380 (sept 94) wave 2, has been retraced to@ 810 (nov. 98) Now against there is a good impulse ended 1816 (Feb 00) but next wave retraced below the origin of wave 1 (this could be sub cycle) sub cycle wave 2 got completed 847 (oct 01) link: Now sub cycle...
Hi, I have tried to explain in details the possible pattern of nifty upcoming days., Pattern looks extremely bullish. Hope the analysis which I have shared here, do work for you as well.. Thanks!
Hello, I have shared possible movement of Nifty in upcoming days. Hope you like the video. Please do share your views over same. Thank You!
Hello Everyone, Today, I have selected the stock as RUPA. I have tried to explain the pattern formed in Rupa from all time low to till now. Discussed, the possible movement in near future & how Rupa can perform in long future. I am also sharing you the link of KCT channeling technique where I have covered the use of channels in identifying the wave structure....
Today I have covered the big buzz stock i.e. ITC. In this analysis I have covered ITC in weekly & monthly Time Frame & tried to explain the overall structure, till now, including the possible movement of ITC Long term & short term view . I hope you guys do like the analysis, if you are facing any doubt then please drop me comment I will try to explain further....
Hello everyone, I have tried my hands to explain Kennedy's Channeling technique (KCT), In this video what I have explained is: ZigZags ( Internal pattern & concept of channel) Flats (Internal pattern & concept of channel) Impulsive waves (Internal pattern & concept of channel) & a Example Please do comment what you guys like about the video & scope of...
In this video i have tried to explain possible movement of nifty in upcoming days!
A lot of chaos, so now where, nifty is heading towards. I have created this thread for calculation #nifty short term view with proper SL & targets. Hope you guys do like it! calculating the move which started from 03-06-2022 On 3 min TF, W-1 got completed at around 16710, W-2 got completed at around 16763, W-3 got completed 16350 (NOTE: wave -3 always have gaps...
Weekly analysis on nifty Structures are very important to learn/know for understanding Elliott Wave Theory. Starting from the high of 19th Oct 2021, assuming this high as ATH and the impulsive leg has been completed here. Correction is always form opposite to the trend, wave a has been completed 17623.00 and it's turn for wave b to retrace. w(b)= 38% to 61% of...
We are working on 15 minutes time frame and try to understand wave principles/ behavior on small TF Here, one leg of correction has already been completed @ 15600 levels, marked as Y. Now, from here, pattern could be completed or could undergo any complex correction, CASE-1 As per marked pattern, connecting wave (x) or (A)has been formed (Pattern ABC, could...
Here the matter of concern is where, the complete structure is heading towards? Is it towards further complex correction or correction has now been ended? Let's find out. Here, BNF has completed, ZIGZAG correction as per Elliot's standard rules. (Till Period 08-03-2022) ZIG ZAG waves personality Patten- ABC Sub waves- A(5,3,5), B(A,B,C) & C(%,3,5) Fib...
Trading in nifty is always been tough and current scenarios are worst. As per my understanding, I have taken two possibilities. CASE-1 If marked wave is (X), (after completion of WXY pattern)- It's a continuation pattern (major trend is downside) and one can expect wave (Z) and the part of which has already been completed. CASE-2 If marked wave is (A)(after...
Here, wave 4 could be simple or complex. Still it looks zig zag to me. Possible retracement marked as per fib intervals.
As per the pattern BNF is currently in complex correction. Here on 1 H TF, it looks like continuation leg (X) (abc) of complex WXY(X)Z has been completed and now its going for retracement. (expected levels= 37489). It is recommended to trade only in the direction of the trend. Here, in this case I'll wait for the retracement to over.
It looks like we are in the complex correction phase and till now we have completed (WXYX_?) correction.. Leg starting from 15700 levels till 18200 level (marked as X in red) looks more of the corrective, which indicated there could be a good possibility of correction in upcoming days. considering the current scenario, the movement which started from 18200 to...