bijoy2526

bijoy2526 Updated 

The impulse wave was started from April. here we can see wave 3 is extended then it retraced to almost 2 nd wave position of wave 3 we have got thurst upside for 5 th wave 25116. as per elliot wave guide line when one impulse wave is extended out of 1,3,5 other 2 waves likley to be more or less of equal lenth. here wave 3 is extended then 5 and 1 should be of...

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gold has proceeded in series of 1,2 and 1,2 we have reched at 2 nd 3 rd wave and 4 th wave decline.Next 5 th wave target comes much higher.This 4 th wave pull back is a flat correction where A=C done.Unless any complex correction takes place then Gold likely to move to 3800 zone. Please like this post if it helps you. follow me to get updates.

bijoy2526

One 5th wave still pending in Gold. we had series of 1.2 and for one 5th wave is completed. anothe 5 th wave still pending. Like this post if it helps you. Follow me to get updates.

bijoy2526

Like nifty bank nifty retracement of 38.6 percent of 3 rd wave has been completed. and fresh up move for 5 th and final move of the ongoing impulse wave has started. This is weekly chart hence not recommended for intraday or 2 to 3 days swing tarding. In lesser time frame you will find lot of market noises like in 5 minutes or 1 minute time frame. This 5 th wave...

bijoy2526

Please read my post in updated on january 1 st where I had predicted the 4 th wave target of nifty.this minor pull back in daily chart appears to be minor 4 th wave pull back. and nifty has bounced in the morning itself from the previously left out gap.. It seems up trend will continue..here after. in weekly chart nifty has reversed from x=y indicating correction...

bijoy2526

it is in final stage of correction of this 5 wave decline. it can slip below 600 to 595-594. can be start accumulating there if you are an investor in a staggard manner. As we don't know wthether fresh down ward move will emerge or not. Please like this post if it helps you. follow me to get updates

bijoy2526 Updated 

As I was unable to post hourly and minutes chart along with my previous chart I am posting here.5 waves up move after ending diogonal is shown in hourly chart. and in 30 minutes chart completion of C wave to day is shown at 23.6 percent level.

bijoy2526 Updated 

A,B,C waves of the up move has been completed with C wave being ending diogonal. The up move has started.whole of the C wave is likely to be retraced then traget comes to 24426.I need 3 to 4 updates to complete this analysis as superimposing in a single chart will be confusing.after completion of ending diogonal nifty has touched target 1 and target 2 is pending...

bijoy2526 Updated 

this weekly chart of BITCOIN has tried to capture its wave progression . 1st wave of of ungoing 3 rd wave is in progress. 2 nd wave in this main chart has retraced 50 percent of 1 st wave. in november 2022. Now 5 th wave of 3 rd wave is in progree. normally it should terminate at 127000. This is not any trading recommendation. It is my study only. But bullishness...

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 ...

bijoy2526 Updated 

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...

bijoy2526 Updated 

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...

bijoy2526

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...