NIFTY daily chart Elliott wave view Regards
Disclaimer: This is my personal opinion and I do not have any position in the BANKNIFTY....! view is bearish. Thank you guys for your likes and shares...!
Coal India inverted Head and Shoulder: It looks coal india has crossed the neckline of inverted head and shoulder. Regards
Wave C is usually 100% – 161.8% x Wave A in size, but it is possible that it becomes as big as 261.8% on rare occasions. What I feel is banknifty is making a zigzag with C extended. The further down may be till 2.618x and the level is 34800(PRZ). This is not a trade advise but we can observe the case. Thank you.
BANKNIFTY may have completed 5+3 waves c might be completed at 61.8% or 78.6% trade as per your risk.
It looks the NIFTY has not completed its correction after internal 5th. If we take the bullish scenario we can expect "a" has completed "b" under process and will go for "c" after "b" completes. Overall correction may be upto 23% or 38%, levels are mentioned in the chart. Its only a view on NIFTY not a trading idea but chart may be refereed for further analysis....
BANKNIFTY Shorter Time Frame: Elliott wave view... In my view the BANKNIFTY will complete its abcde pattern and the long may be initiated after completion of the pattern. Not a trading idea, but for reference only. Thank you.
NIFTY: Inverse H&S in making...Targets are higher.
BANKNIFTY on daily charts looks 5th has been truncated and now a retracement of upto -38% is on the way. Its my view and view can be wrong. So trade wisely. Thanks
In hourly chart we can see A has not completed yet. 4th wave has finished going for 5th.
NIFTY other Possibility on shorter time frame. In higher time frame we are seeing a flat in construction whereas in shorter time frame we are in B(c) and we can see a up move till 14850 or more...! after that we will go for C higher. Thanks
An EW view on Kotak Mahindra Bank your suggestions are welcome...!
NIFTY Elliott wave analysis..! It looks the correction in miner wave has been completed in Nifty, we can see a gap-up opening on Monday 18.01.2021. We have seen WXY correction in 15min time frame and Y has completed. One miner impulse wave (i) may have been done or to be completed on Monday...if open gap-up then we can ensure the miner wave 1 has completed...
SRTRANSFIN An EW View Always understand the risk associated with underlying security. Thank you.
SUN TV Price Action Can buy in cash Read levels carefully. Regards
HDFC LOOKING REACH LONG TERM RESISTANCE MAY SHOW THE LEVELS OF 2800 IN SHORT TERM. Regards
NIFTY FUTURE LOOKS IN WAVE 5TH...! THIS IS MY PERSONAL VIEW.... YOUR COMMENTS ARE WELCOME...! sooner or later a correction is on the way....! not recommended to sell but wait for dip to come and enter at the appx level mentioned. Regards Happy new year to all of you....