ShubhamKatiyar

ShubhamKatiyar

This is the educational post regarding the types of diagonal patterns- SUMMERY : LEADING DIAGONAL ENDING DIAGONAL LEADING DIAGONAL Always form in inner wave of wave (1), so one can expect wave(2,3,4 & 5) within main impulse wave to complete the pattern. PATTERN: 1- Comprises of (5-3-5-3-5 (inner waves)) or (3-3-3-3-3) (inner waves) 2- wave (4) always...

ShubhamKatiyar

I have tried my hands on nifty, past pattern formed and its possible movement in upcoming days. Considering 4 HTF, simple correction (ABC) has been completed at 15669 and now from here nifty has started it's journey towards its next phase i.e. bullish (next impulse) or in further complex correction.. Here, it looks like nifty could correct further till 38% of...

ShubhamKatiyar

Cycle 1 and 2 (Phase 1 & 2) of Indiamart has been completed, now slowly it is getting ready for phase 3 breakout. We are on weekly time frame and if you see trendline which I have marked with RED, it get's rejected with some volume. Here, we need to observe clearly with candle sticks pattern on both weekly and daily time frame. It's a idea don't jump and buy....

ShubhamKatiyar

Topics covered: 1- Impulsive Elliott wave pattern. 2- Impulsive and Corrective pattern locations. 3- Possible types of pattern. 4- Fibonacci ratio's in brief 5- Rules and Guidelines Next topic to be coved is Leading diagonal!

ShubhamKatiyar

This is the educational post, regarding how ABC- Zig-Zag pattern looks like, how it is formed and what are the possibilities regarding targets targets and stop-loss. 1- basic structure for wave ABC. Here, wave A starts from 0 (starting point of wave A) to A (end of wave A) wave A completes here. Next, wave B starts from A (end of wave A) to B (end of...

ShubhamKatiyar

completed ABC pattern. Wave C is extended, looks like extended move is over & now it's time for retracement.

ShubhamKatiyar

It could be a pause from here, as it has created doji on daily time frame. It could come & test 38-50% fib retracement levels.

ShubhamKatiyar

Tata power is in complex correction where simple ABC- (W) got completed at around 20th December (200) and wave X at around 4th feb (258). Currently its in wave (Y). Targets- Fib. extension level till 100% (target-1) & 161& (target-2)

ShubhamKatiyar

Here, in tatachem, it looks like impulsive waves has been completed & now we are in mood of correction. In correction also, wave (A) and (B) has been competed and now it's turn for wave (C)

ShubhamKatiyar

Concept trading nifty 50. On 29th (link enclosed) I have shared concept-1 (possible movement) in nifty as per mentioned counting, which looks overall pattern as -ve. Now, here, i have shared possible movement, if we rearrange counting as per mentioned data. Here, i am expecting Nifty has completed (or still in) W-2 ?. We are getting minor resistance @ 38% fib...

ShubhamKatiyar

Adani Ports Correction Wave completed (655) Correction Wave completed (830) In Correction wave wave {1} completed (681) wave{2} completed (793) wave {3} UNDERGOING ?

ShubhamKatiyar

NIFTY 50! Like i have said, currently patterns looks confusing and this week could plan the movements of upcoming weeks to come. ZIGZAG (WXY) has been completed at (16828) and FLAT correction has been completed on (18352). Here, in NIFTY level (17660-17700) is a very important one, if breached, then counting could change and also view could turned to positive.

ShubhamKatiyar

BANK NIFTY-- I am 50% bearish & 50% bullish on BNF. As per my marking we could be in ZIG ZAG (correction phase) As per my calculations, ZIG ZAG wave A has been completed level (34024) and currently we are in wave B (retracement) still going? However if the marked level (38900) gets broken, then the view could change completely. While seeing weekly candle, the...

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ShubhamKatiyar

I have tried my hands on possible short term movement on nifty & bank nifty ..do watch the video. Thanks

ShubhamKatiyar

Min 161.8% projection (min. for wave 3(C) has been achieved for bank nifty. One can except some pause for wave 4 before moving towards wave 5(c)

ShubhamKatiyar

Minimum upside momentum for NIFTY is 17877, from here only i am expecting some reversal sign of nifty for wave (4).

ShubhamKatiyar

Here, in nifty its looks like we are again on the tracks of the bull run.. is it? As per my understanding, we are in the mid of the correction. However, counting and interpretation can be changed under live situations. I am expecting max bullish movement till 18030, if its in the w (3) of C and if the movement got completed (confirmation required), then it could...

ShubhamKatiyar

Bank nifty started showing strength since it got bounced back from 3025 level. currently its moving in corrective a-b-c pattern & its most likely to check 37580 level in coming days. However, if it got rejected from current level I am expecting 50% retracement from current levels. Its only the market commentary as my understanding. Experts are requested to...