hitesh_2202

hitesh_2202 Updated 

Just spotted an excellent consolidation - any break in the trend lines would lead to a major move as it is consolidating since a long time

hitesh_2202 Updated 

Britannia is attempting to break down on the hourly chart pattern. Since Nifty has formed all time low - Britannia is moving upwards Once the stock breaks below 2800 levels, the stock is expected to drop till 2720 which would be the first target. breaking 2800 means the candle should close below 2800 on a minimum of 15 Minutes time frame **Please do not trade...

hitesh_2202 Updated 

As per long term elliott wave analysis (In red line) Nifty is in Deep correction and currently wave C is unwinding The first 2 waves of wave C (In blue lines) are done and NIFTY is headed for a sharper wave 3 decline as per fib Extensions - probable Targets of NIFTY on down side are 8700 and 8211 Post 8211 - Nifty would take a pause and would then continue the...

hitesh_2202 Updated 

Hi, I Am in the initial phases of learning elliott wave techniques Below is the view for the current stock Long term - the stock is currently in the 5th wave Medium Term - the stock is in the third wave Short term - the stock is currently in the 4th sub-wave of the larger 3rd wave Would shortly commence with the 5th wave from the current levels Buy levels are...

hitesh_2202 Updated 

Have observed a complete Elliott wave bull cycle (1-2-3-4-5) Stock is ready for bear cycle (A-B-C) from the current levels. Target 436 on the short side Time frame for reaching target - Minimum 4 candles max 12 candles (60 to 180 minutes) If the stock doesn't open gap down - then the opportunity is huge. This is my first Elliott wave analysis - kindly do not...

hitesh_2202 Updated 

Stock is having a negative divergence - short below the green trend line for target of 1% return for couple of days and upto 3% for the week