Berkshire Hathaway Inc. doing correction in (iv) th internal wave
and making abcde triangle and higher degree 5th is running.
It may come down to 273-274 for completing pattern and then an
up move for 315-340 may resume.
Educational purpose only.
We have completed 61.8% retracement for the last up move numbered as 1.
We can further move down till the invalidation level for completing 2.
If the price break the invalidation level the alternative count shown
as abc will work, on breaking the invalidation level we can confirm that
NIFTY is making double zigzag and the last leg may complete in the range...
NIFTY seems to be in 4th wave.
2nd wave was range bound and 4th has done
alteration for 2nd. As we have done 38% of
correction we might see an impulsive up move.
If we correct more than 50% the counting
may change....hence, invalidation has been
kept for your reference.
Please do not take any trade on the basis of this chart. This chart is meant for...
We can see a move but not fast towards 40k in banknifty for its B wave, we have done 5 waves of A and if it sustain above 37750 then we can se this move.
Please do your own analysis before any trade execution, as banknifty is a highly volatile instrument.
I may be wrong.
Please like if you liked it otherwise dislike or comment.
Axis bank has completed its (1) to (5) wave in daily and we are in weekly 3rd wave...
A correction up to 626-510 is expected till march to may 2022.
Then we can see the further higher levels.
3rd wave targets are much higher around 1500 to 1600 level may be seen if fundamental remain intact.
Please like if you like it.
HUL is at important channel support.
The white line is the Gann Support, below white line not good.
A reversal may be expected from HUL from the Channel support.
Please like if you liked it.
The chart is based on price action and chart pattern.
This is not a trade advice but for educational purpose.
It seems we are going in same direction.
(a) has been done downward sharp decline.
Going for (b) of which 'a' has been done 'b' has been done.
Now moving for c of (b).
Wave 1 of c has been done correcting in wave 2 of c.
May be a decline for completing 2nd wave of c will be completed in morning and then we can move for wave 3 of c, have indicated all levels.
What I feel banknifty is making abc after its all time high.
It may have completed (a) wave down and a and b leg of (b) wave its going for c wave of (b) wave, it can reach 40k+ if c =a.
This chart is not for any trading purpose.
Please like if you agree with my analysis.
Hey guys continue to our last analysis of BANDHAN BANK LTD.
Today I went through the weekly chart and it looks bandhan bank has corrected like 4th wave correction.
It given time and as well as price wise correction in 2nd wave. The first wave was leading diagonal.
The buying support came at around 61.8% level of fibonacci, now if we take this level as invalidation...
PVR may correct upto 1300-1400 levels for completing its ((2)) wave.
Long term PVR looks good but for short term let it correct and buying levels are mentioned in the chart.
Its not a trade advice, please do your own analysis before going for a trade.
Fact on ADANIPORTS:
1. It is in 4th wave of Elliott wave (weekly chart)
2. It has well respected all fibonacci ratios (retracement as well as extension)
3. Wave 1 was a diagonal and 3 extended to 1.618x of 1.
4. Wave 4 has retraced to 38.2% of wave 3 and making "ABCDE" pattern.
5. Let the pattern complete and investment may be made around 655-665 levels for good...
Look at the chart updated today.
1. Kotak has completed 5 wave in daily time frame.
2. Its in 3rd wave of A (downmove)
3. May have completed 3rd as it is extended more than 1.61x of wave 1.
4. We may see the move of Rs. 15-20 upside for 4th wave shown in the chart.
5. We may continue our down move after that.
Please do your own analysis before doing any...
* B has been done
* 5 wave of wave 1 down has almost done...
* now we can correct in wave 2 of down wave 1
* A sharp downfall may come after 10:45 to 11:00 hrs after completing 2 that will be called 3rd for C and target may be around 18k.
Longs are not advised as of now....let the correction complete and then we will start buying.
like if you like it ... your...
Nifty has completed 5 wave down move.
Now we can expect it to go till 18360 for b
Then a sharp reversal is expected for c wave which will again be of 5 wave structure.
Long may be initiated around 17700 levels.
Guys do your own analysis before going for a trade.
This is not a trade advice.
Please go through the chart of lichousing
Earlier told you that it will go till 475 but it reverse from 50% level now we have done one leg for C wave.
Long levels are marked.
Please do ur own analysis before going for a trade.
* Weekly Breakout of upper trendline
* Retest is underway.
*Long may be initiated from 310-305
*Long term targets looks good
* Stop Loss will be below 290
Please do not take it as advice...my analysis can be completely wrong....!
Do your own analysis before taking the trade....!