chirag_Khasiya

chirag_Khasiya

From 13596 wave (i), (ii) and (iii) is completed at 13773, 13778 and 15257. there is a confusion if wave (3) or (5) is completed at 15257 so we have to depend on the breakeven point which is coming at 14692. So 14908-14692 will be support range as of now but if nifty trades below 14692 then its a negative sign.

chirag_Khasiya

From 29687 wave (i), (ii) and (iii) is completed at 31630, 31232 and 36615 respectively. from 36615 may be wave (iv) is started and may complete in 35344-34558 range. so 35344-34558 will be the support range for BN. but if it trades below 34558 then its a negative sign.

04:08

chirag_Khasiya

Nifty Elliott wave analysis for 4feb 2021

06:28

chirag_Khasiya

Nifty & Banknifty elliott wave analysis for 3feb 2021 onward

07:52

chirag_Khasiya

Nifty Elliott wave update for 2nd feb 2021

08:47

chirag_Khasiya

Nifty Elliott wave analysis for Budget day(1st feb 2021)

chirag_Khasiya

From 14753 it seems impulsive decline is going on and wave and is completed at 14371 and 14491 respectively. from 14491 wave (1), (2), (3) and (4) is completed at 14260, 14438, 13713 and 13966 respectively and from 13966 wave (5) is started. minimum projection of wave (5) is already achieved at 13669 and 61% is coming at 13486. for exact completion range we...

chirag_Khasiya

As expected in our last video extended wave 5 started from 13953 retraced 100% in quick time. Video link given below.

chirag_Khasiya

Reliance 15min chart indicates that decline from 2120 is looks like an impulsive decline and wave (i), (ii) and (iii) is completed at 2035, 2075 and 1932 respectively and wave (iv) and (v) is pending. 1965-1986 is an immediate resistance range for wave (iv) retracement. reliance may complete wave (iv) in 1965-1986 range and then it may again decline 70-115 points...

06:29

chirag_Khasiya

Is Bigger decline possible ???? Nifty & Bank Nifty elliott wave analysis for 25th jan onward

chirag_Khasiya

RED COUNT: from 20405 wave (i), (ii) and (iii) is completed at 30945 and (iv) completed at 28976. from 28976 wave (v) started and minimum 38% projection coming at 33003. Banknifty declined sharply without achieving its minimum projection. so lets have a look at on blue count. BLUE COUNT: from 20405 wave (a or i), (b or ii) and (c or iii) is completed at 24823,...

03:37

chirag_Khasiya

Nifty Elliott wave analysis for 18jan 2021 onward

chirag_Khasiya

Nifty is still in positive zone as long as trades above 14343. 14395-14343 is immediate support range.

04:26

chirag_Khasiya

Nifty Elliott wave analysis for 11th jan 2021 onward is explained in detail.

chirag_Khasiya

(v of ED) would be complete above 14275 and maximum range is 14340-14391. And if nifty decline from here below lower wedge line then we have check again for support range and breakeven point in 1hour chart. Kindly look at the daily chart idea also. link is given below

chirag_Khasiya

Bank nifty retraced in 23%-38% range with corrective pattern. It seems wave iv is completed at 30893 and projection of wave v is coming at 31861-32459. Negative only if trades below 30721.

chirag_Khasiya

Reliance is looking positive after completion of a corrective wave at 1855. Now breaking above wedge line will leads to given targets in coming days. wait for breakout above upper wedge line OR if closes above 2000. - Wait for breakout - Closing below lower wedge line will be SL.

chirag_Khasiya

Retracement from 13967-13864 is not even 23% of wave iii that is why there is a point of confusion if wave v is started from 13864 OR wave iv decline is still pending. Overall scenario: (1) If nifty decline from here then 13847-13722 is support range and 13722 is trend reversal point. (2) If wave iv is completed at 13864 then 14184-14381 is wave v projection range.