bijoy2526

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Nifty 3rd of 3 rd wave is in progress. Out of this nine weeks only we have one week red candle. Unbracketted 3 rd wave is in progress now. after the completion of this unbracketted 3 rd wave we can get a pull back to complete unbracketted 4 th wave, this unbracketted 4 th wave may be some what deeper correction which may be more than 38.6 percent,like 50 percent...

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Though in lower timeframe some weakness appearing in weekly chart its bullishness is obvious. In the lefthand side there is inverted head and shoulder breakout which has taken place in june23.This h&s break out is important as the rise along the arrow shown in the chart was a five wave move.And there was subsequent pull baack from that which should be 2 nd...

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Start of 5th wave has been initated. Probable targets shown in the chart. From november 23 this impulse wave was started from low of 581 to high of 732. Here the 2 nd wave flat . hence 4 th wave is deep retracement 61.8 percent of 3 rd wave. In lower time frame it is appearing present correction is over. I am attaching the lower time frame chart. follow me to...

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Unless Friday's high is taken out some pull back in nifty financial is posiible. Last gap formed seems to be exhausted gap. Overall trend is up. But there may be profit booking. Do like this podt if it helps you. follow me to get updates. It is NR7 day for both bank nifty and nifty financial service.

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Metal sector when turning up,Hindalco can n't be left behind. This chart has been with me since long. Immediate target minimum 577 can be reched with in few days. Analysis is from january 22. 1st wave being a leading diogonal.Structure being 5+3+5+3+5 There after retracement of 2 nd wave which 61.8 percent of 1 st wave. Now 3rd of 3 rd wave is in...

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Dissection of Adani ent. Just attemped from the datas available on trading view from 2006. Posiible waves in major 1st wave shown in the chart, 2 nd wave was 61.8 percent retracement of 1 st wave. Major 3 rd wave continued up to Feb 20 till covid break down started, Here 4 th wave was exactly retracement of 23.6 percent of 3 rd wave. Then again Adani had a...

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It appears apparently govt decision of import duty reduction in EV(electric vehicles) impacting on the movement tatamotors price. It may move sideways with positive bias. But ultimate targets as shown in the chart. If any day govt decision comes in its favour it is set to fly. Import duty factor will be impacting in India But tatamotors is a global player. Do...

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there should be up move in it. it should touch 33 in coming weeks. not fundamentally strong stock. just for riding the trend. just buy on your own risk,this is my analyis only. If it helps you like this post. follow me to get updates.

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weekly chart of the relaince . after five wave up move where wave 5 is an ending diogonal and truncated it has corrected forming A,B,and C. wave 2 has retraced 61.8 percent of wave 1. Now the 3 rd wave has commenced which will be confirmed when it takes out the high of wave 1. so it is a nice opportunity to buy reliance at the moment. If this posts helps you like...

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three targets were in my mind. after long consolidations it seems it is now breaking out. two targets 2550.2770 have been already achieved. there is 80 percent probabilty of hitting it the 3 rd target. that is 3156. don't forget to like my idea if it helps you. follow me to get updates.

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Looking for braekdown? No not possible. starting from final stage of the movement it appears to be extremely bullish. Buy itself was generated when it had crossed 4 th wave position(left side arrow position) And final C wave this correction is completed already at around 42178, And now forming diogonal ,followed by a retracement of 23.6 percent only. You must be...

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Reliance has underperformed Nifty. now it is moving up gradually. It seems after 1 st wave rise ,its 2 nd wave is running correction, Actual buy signal will be generated when it takes out the 4 th wave position which is at 2368. let us watch and enjoy.don't forget to like this podt if it is helping you. Follow me to get updates.

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Nifty approaching resistance zone. It need to break out of the channel to be impulsive. there was throw away in the down side ,hence it need to to maintain above the channell. As it can be seen in the lower pannel,stochiastic is approaching resistance zone(trend line joining to peaks there) With small caps and midcaps out performing large cap in recent...

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Long time frame weekly chart of DLF. Impulse wave starts from FEB 2016. 1st wave is a leading diogonal which was retraced 78.6 percent in 2 nd wave,3rd wave starts from march2020 and culminates in october 2021. and 4 th wave retraces 38.5 percent of 3rd wave. And there after DLF is in 5 th wave which starts from july2022.This 5 th wave seems to be extended...

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While US market rejoicing the recent dovish comment form Fed chairman Mr Powel,Indian market should not be left behind.Our market is nicelly pulling up from oversold condition. Nifty is likely to retest the channel line which is at 19476. There after it may take the form of complex structure. It seems the ongoing C wave is not completed yet. Gift nifty is now...

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It appears . C wave of this correction being ending diogonal. 3rd wave is continuing , we have seen prolong correction in it. weekly chart will be attached. chart it self explains on going waves in lucid manner. please like this post if it helps you. follow me to get up dates

bijoy2526 Updated 

Chart captures the movemnt of Bank nifty from march 22. starts its impulse wave with strong footing with a diogonal. Diogonal usually appear in the 1 st wave and when it is in 1 st wave it is leding diogonal and its start indicate new impulse wave. and when it appears in 5 th wave it is ending diogonal and it denotes end of the ungoing trend. This diogonal...

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The study for nifty is from june 2022. of course I may update this study with another weekly chart.there we can see major out look. From june 2022 five wave up move completed on dec 22 that is wave 1 shown in bracketed black lettered 1. There was 50 percent pull back of this wave in wave 2 which ended in marvh 23.that I have lebelled as bracketed black lettered...