bijoy2526

bijoy2526 Updated 

As shown in the chart now 4 th wave is in progress. But the uptrend should continue after the 4 th wave is completed. it has now retraced 23.6 percent of 3 rd wave. normally 4th wave retraces 38.6 percent of 3 rd wave. In some cases when 3 rs wave is extended it can only retrace 23.6 percent of of 3 rd wave.As per guide line of elliot wave 4th wave ...

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After touching low of 23263 nifty has thrice declined markedly and these dips were bought in to same day or next day 28th nevember dip was bought in to next day.If we consider the on going up move is an impulse move then these decline can either be 2 nd wave or 4th wave.4th and 5 th december decline can be 4 th wave of that impulse wave.I have market two 1,2 on...

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too early to say. after substantial decline in clearly A,B,C waves , start of new motive wave yet to be confirmed. The gap formed after the state election results has already been filled up. Nifty could not even cross the 4 th wave position of C wave. In smaller time frame the recent rise is in 3 waves there after it had declined yesterday. and today it has just...

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Here 4 th wave of 3 rd wave is in progress. It has exactly retraced 50 percent of 3 rd wave. there is no over lapping between 1 st and 4 th wave. It is a weekly chart. It can bounce from here. weekly stochiastic is in over sold condition. Main point to note here whether over lapping of wave 1 and 4 takes place or not. if reliance declines and over lapping takes...

bijoy2526

After stupendous rally bajaj auto has completed its 5 th wave and now in the process of correction. It is expected to move lower in the 5 th wave of its C wave. This is only my study not any recommendation to buy and sell. if this post helps you like this post. follow me to get updates.

bijoy2526

SAIL likely to bounce from here. Strengthening of dollar index and no clarity of stimulus package from China has caused downtrend of ferrous metals. Now SAIL has corrected from recent high of 144. Technically it seems poised for a bounce from here. This is my study not any recommendation for buying and selling. If this study helps you like this post. follow me to...

bijoy2526

Significant shift of Fii positions from Indian market to chinese market has dragged Nifty below 25000. Bank nifty just not faraway from violating 50000. Recent surge in bank nifty was expanded flat. In that case it can go below A. The recent fall in bank nifty is C wave only. C wave completes in 5 waves.Bank nifty has touched 23.6 percent today. Probability of...

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Each candle reprent 4 week duartion. Hence not at all a f&o recommendation .This chart is only a study of mine not any type of recommendations. the chart represents long term time interval. Development of leading diogonal initially. there is base channel 1 breaking out of this channle indicates the start of long term 3 rd wave. In short term too 3 rd wave is in...

bijoy2526

from 14 th August 2025 Bank nifty has risen in a digonal fashion until this correction has started. The internal structure of this diogonal indicates it is a leading diogonal not a ending diogonal. Leading diogonal appears in wave 1 in motive wave or wave A of corrective wave and it indicates continuation of trend after retracement. Now bank nifty has retarced...

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Nice Impulse move and followed by flat correction. Five waves of the 'c' wave of flat correction terminating just near 1073. Next we have to see if another impulse wave starts or there is another complex correction. for impulse wave tatamotors need to sustain above 1089 the 4 th wave position of C wave. Of course time will tell. For me it is looking bullish...

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Now consodtdation is taking place. In higher degree 3 rd wave likely to be extended. This is not any f&o recommendation as each candle is of 4 week duration. In lower degree 3 rd wave seems to be ib complete hence I am expecting in higher degree it might get extended. If for the time being we don't consider lower degree and consider 3 rd wave of higher degree is...

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Up move still left. C wave will be comleted when five waves down is completed. it is appearing this pull back is 4 th wave of final 5 th wave. one wave upside is still left for the completion of this final 5 th wave. Do like this post if it helps you. follow me to get updates.

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This chart has been with me since long. I had published in trading view too. Its 3 rd wave is in progress. Next possible levels shown in the chart. If this chart helps you ,like it. follow me to get updates.

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long back I had posted here in rading view the leading diogonal in hindalco. that post passed away almost unnoticed. Look where it is now. its chart suggests much higher targets. near target shown in the chart. If this post helps you like this post. follow me to get updates

bijoy2526 Updated 

Good start of nifty. as it is obvious it is the 3 rd wave it should cross 24300. every dip is a buying opportunity now. what happens further? there is probability of 4 th wave also. where we can get some correction. then final fifth wave. Like this post if it helps you. follow me to get up dates

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Looking for pull back? Not right time to look for it. 3 rd wave is the most desired wave for traders and investors. every body jumps in to it for buying. As far I expect it is going to crosss 24000 very soon. it is 5 th of 3 rd wave. 23948-23956 is likely to be touched. at that point we need to be cautious..I am neutral there. As it is difficult to say if 3rd...

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most probably. if sustains above 22897.yes it has to cover 4 days down trend then higher levels are possible. I have marked1,2,and 1,2. as 2 nd 1 is shorter than first 1 1 st 1 is retraced 38.6 percent and 2 nd 1 which appears to be a leading diogonal has retraced only 23.6 percent. each candle in the chart is of 4 days duration. final target will update...

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its chart is somooth and flawless. In the initial stage there was some confusion just after covid decline. now it is in its 3 rd wave..fifth wave of 3 rd wave in progree. during 4th wave we can get a deeper retracement as its 2 nd wave retarcement was shallow. like this post if it helps you. follow me to get updates.