odrej Properties has been bearish from 2021-10-14, As seen from wave structure it looks in primary wave 2] and may have completed its correction near 1133 level. We are assuming ABC of correction has been finalized and it has started an impulsive move towards its all time high. The 1133 will be an invalidation point for this impulsive move. Long can be initiated...
SGX nifty analysis in laymen view. We are making lower lows and lower high in the instrument. And the retracement is almost same in all low and high. We can expect a similar action in SGX NIFTY for one more time. This is only for educational purpose. Regards. Pls like if you liked.
Godrej Properties has shown good strength for its upside. It has also formed an interesting structure at the bottom which is called inverse head and shoulder. The breakout of the neckline may further accelerate the move towards our fist target of 1494 and breaking that will achieve our ultimate target of 1553 of our internal wave 3. Staying with the stock may...
NIFTY might be coming for retest its support at trendline. The volume looks below average for a breakdown. If the sellers comes with high volumes at support level and it does not find the good volume from buyer side then a possibility of breakdown is there otherwise we may test the Top. We are still holding 10 day moving average. Thanks Regards
Hey Guys, MUTHOOT FINANCE LTD came to my Radar today when I see it fall like an apple from the tree. Generally people say stay away from a falling knife but what if an apple is falling from a tree? so I started to analyze MUTHOOT FINANCE LTD. The full analysis is before your eyes. Wave count: Primary 3rd has Finished and we are in Primary 4th. It appears that...
BALKRISHNA INDUSTRIES We may expect a pullback in BALKRISHNA INDUSTRIES. As seen from the chart we may have completed A wave in 5 wave structure. After 5 wave structure it is assumed that a pullback up to .382 or .618 is evident. This is for educational purpose. Long may be initiated with understanding of the risk and STOP in mind. (below trend line it will...
Credit Access Gramin Weekly Chart Analysis I feel the below counts are at present working: Current Count: I] in higher degree complete II] in higher degree complete 1 of primary degree complete 2 of primary degree complete 3 of miner degree complete Miner degree 4th in progress will complete miner degree 5th around 1350 This chart is not a buy/sell...
So far we have from bottom to up here, in my view its a corrective rally it might have confused the laymen and most senior analyst, we can see it is making more corrective structures whenever it is coming to the knowledge of the analyst, If our counting is correct we might see a new low in bank nifty. Its my view and it does means a buy sell recommendation but...
Going through the chart of Naukri.com, I observed that it has perfectly played an impulse upside. The Chart is very beautiful and stock run as per the Elliot wave Rules and Regulation and also Respects Fibonacci Series/Ratios. We have completed the 5 impulsive waves in Naukri.com(weekly chart) and we have given it a cyclic number and it is correcting in cyclic...
This instrument has been bearish from long time. When going through the price action of the NAZARA it looks clearly it has broken the upper trend line and it is back for testing the buyers support at trend line. If it gets support of buyers at the trend line it might give a great opportunity to invest for short to medium term. The Relative strength is showing the...
All rules of Leading diagonal is followed in Nifty. The correction may be deeper in case of Leading Diagonal, generally the retracement for a diagonal is supposed to be in the range of .618 to .786. The range between 15400-15600 is a good zone to accumulate. Long may be initiated near the rectangle shown. Please do your analysis before opting for a...
We in last analysis expecting NIFTY to retrace from 16118-20 level for its original retracement area of 15600-700. The Nifty broke out of our invalidation area, and sustained. Now it looks like we may find resistance at the upper trend line and NIFTY might retrace from the same area of trend line. This is just a view and there are many other possibilities...
Going through the Affle India Chart, It seems it is in major 4th wave and making an expanding flat wherein the (b) point has retraced beyond beginning of (a) point. It seems it is making a 3:3:5 structure, currently we are in 4th of C leg of the Flat. C leg is supposed to be in 5 wave structure. The correction may end near 820 and the longs in the instrument may...
A chart was published on Trading View for Nifty on 14.07.2022, your likes compelled me to take your input as a positive feedback. And I have tried to explore the errors and have rectified some points for you. (Please comment if any are still there) A leading diagonal can have 3:3:3:3:3 subdivision (common) and can also have 5:3:5:3:5 subdivisions. Here we can see...
Anyone who understand it will gain Anyone who understand it will gain Anyone who understand it will gain Anyone who understand it will gain
Guys, first of all I would say sorry to you. I am not updating the chart as usual, Last analysis was about nifty and we recommended nifty to Long at exact bottom. Our target of nifty is about 17300 and that will be achieved, but pardon me its not a bull rally, its a corrective rally. We may touch around 15700-15600 levels as I can see in nifty and then we can...
Nifty has completed its structure in lower time frame. Now if nifty crosses 16200 the longs may be initiated for 17300 levels. Please do your own analysis before jumping to the trade. I may be completely wrong in my analysis. If you liked the chart you may please like. Regards
Leading diagonal confirmed. Please refer to the 14 may chart we had expected a fall upto 15300. Please refer the chart below : pls like if you liked it.