TVC:DJI In Supercycle Degree Wave Five. The Bull Market has long way to go for another 21 years.
NSE:TATAMOTORS Seems to be breaking out in 3rd wave of Bull Market 440 is next resistance to break. Above 440 it will confirm Bull Market in wave 3. Which can take stock to 3x-4x from CMP
NSE:VEDL Has broken out of resistance with volume. Can give decent rally.
While the Fundamental Analysts might find Auto Valuation High. Auto stocks have much higher to go. Nifty auto index in 5th wave of Bull Market. Fresh breakout in smaller degree wave 3. Auto leading the way higher.
NSE:NMDC Has given a breakout of multi year consolidation. If sustain higher. Can give a multi fold Rally in next 3-5 years.
NSE:TATASTEEL Breaking out in 3rd wave. A larger degree wave 3 can take the stock many fold in next 4-5 years. Only if you believe in magic of Wave Principle.
NSE:NIFTY Completed Triple Zigzag Correction form High near 19000 Broader Market stocks are showing strength. Rupee strengthening. All factors pointing out Budget Rally is on cards.
NSE:HINDCOPPER Has Broken abv Inverse Head and Shoulders Pattern Can expect a Fierce Rally going ahead in wave 3.
FX_IDC:USDINR seems to be forming Truncated 5th Wave. Lot of selling pressure at 83 with RSI negative divergence suggesting momentum Fading. Unless 83 is Taken out on closing basis. It could turn out to be Wave 5 Truncation as per Elliottwave Theory.
NSE:RVNL has given a Bull Flag Breakout. The stock seems to be resumin it's uptrend. Likely to head to new highs.
NSE:TATASTEEL Breaking out in wave 3 of Bull Market. The Rip roaring rally in massive 3 wave can take the stock many fold. Much higher to go in next 2-3 years.
NSE:BHEL After retest of Inverse HNS breakout. Again ready for the Rally to New Highs. It's a multi year Breakout. and has potential to go much higher.
Shooting Star on a 6 months chart of TVC:DXY Is clearly signaling the Crash in US Dollar. Dollar likely to depreciate against major currencies like Yen, Euro, INR It will be also Bullish for Precious Metals and Commodities. And Bullish for Stocks.
NSE:NIFTY Seem to have completed wave 2 correction. And seem to be ready for Wave 3 advance. Abv 18160 we can see rally to 18400-500
NSE:NIFTY Seems to have made base and breaking out of inverse HNS Abv 18200 it shall be ready to zoom higher. Uptrend seems to be resuming.
NSE:NIFTY Retraced towards sub wave 4 low as per #Elliottwave Wedge formation with RSI Positive Divergence. Near Support zone . Breakout of 1 year consolidation. And Uptrend Line. With Market Mood in Fear. High chance we are nearing end of Correction in wave 2.
NSE:NIFTY Market is consolidating in a range since last 4-5 days. And range is contracting/narrowing. Market will give strong move after breaking range. Awaiting Breakout. Mostly on higher side.
NSE:NIFTY retraced near sub wave 4 Channeled correction in WXY seems to be getting over with RSI Positive Divergence. Wave 3 Rally to New Highs shall resume soon.