churiwalvikram

churiwalvikram

Bank Nifty is completing triangle in Wave B which could end around 41200-41300 & can start next leg down in Wave C which could be good short trade. I am not a SEBI Registered Analyst Charts are for Education Purpose i am not liable for any profit or loss for ideas shared here.

churiwalvikram

Hindalco a positive day close would confirm decline in Wave A is Complete & a bounce in Wave B could take it back to 440-450 levels.

churiwalvikram

Hind Copper needs Weekly close above 111 to gain Momentum which could take it back to its high of around 190+ keep a eye on Copper it should not breach 3.9 Levels in Comex now.

churiwalvikram

ABFRL needs this Week Positive close to confirm this correction is over & Pull back has ended near to Wave 4 low thats makes this setup more lucrative for Investors.

churiwalvikram

Nifty Can pull back to 17484-17554 levels in Wave 4 Sequence looks incomplete so a last dip cannot be ruled out.

churiwalvikram

Redington needs to hold 160 levels to keep this counts valid & a day close above 183 will gain momentum. This Stock is in Larger degree Wave 3 so keep riding the trend.

churiwalvikram

Tata Motors shows a clear Impulse Up move followed by corrective pullback in ABC or it could be double ZIGZAG confirmation will be day close above 437 for 3rd Wave starting.

churiwalvikram

Nifty is pulling back in Wave 2 or Wave B down towards 17750-17650 untill it keeps below 18265

churiwalvikram Updated 

NG can bottom around 3.55 (Wave 4 low)-3.27 (78% fall of previous impulse)

churiwalvikram Updated 

Reliance has a impulse on downside which can drag Nifty marked Elliott Wave Counts which indicates we have started Wave 3 on downside.

churiwalvikram

Pharma moves slow & are a contra theme to market most of times i.e. when market is bullish pharma is bearish & vice versa this counts shows us whats next for Mr. Market.

churiwalvikram

Crude can end its Wave Z around 62-56 levels & we should see at least 7 swings higher towards 100$.

churiwalvikram

Tata Motors clear Head & Shoulder break down as we saw in Tesla so target for TELCO is around 300 levels & in Elliott Wave counts we are in Wave 1 of (C) which could take us till 365 levels before bouncing in Wave 2 of (C) which might result is retest of Neckline around 400 Levels.

churiwalvikram

Gold had made triple bottom around 1620 & has made a leading Diagonal in Wave ((1)) of new Impulse so a break down from this leading pattern could result a pullback in Wave ((2)) & in same time DXY should rise in Wave B the larger trend for Gold for this year should remain bullish until we breach 1620 a commodity boom in second half 2023 can push prices to new all...

churiwalvikram

DXY has a 5 wave decline on Weekly charts & Wave 5 have formed a ending diagonal today's push could mean end of Wave A so now a 3 wave or 7 wave pullback can take us back to 110 levels confirmation will be Weekly close above 105.35 (40 WEMA Red Line) & this bounce in $ should see some selloff in Commodity & Equity.

churiwalvikram

Nifty has either completed Wave Y or wave 3 of Y both the counts have implication for a down move now if we decline in 5 waves or 3 waves next towards 17600-17430 area will decide how should we mark this decline. Nifty should be heading towards retest of larger channel towards 18125 area but as it could be wave 4 of Y we could form a sideways triangle in this...

churiwalvikram

Hindalco charts are reflections of Aluminium Price moves only difference is Hindalco did a little more than 50% Retracement of Wave A fall where as Aluminium did very small retracement ideally Hindalco should head towards 235-200 levels in Wave C in next few months.

churiwalvikram

Wave 1 of C is a clear impulse now wave 2 pullback should be good short trade.