imkhushal

imkhushal Updated 

NIFTY- MAY COME IN THE GRIP OF BEARS This is what I could see in the recent chart of nifty. Please like share and follow. Regards

imkhushal

When L&T was aquiring mind tree there was everybody selling it. No one was trying to take the risk. See now....! L&T is also the promoter/holding company of Mindtree with a 61.03 per cent stake in the Bengaluru-based company Regards

imkhushal

We in our earlier charts have achieved all our upward and downward targets in PVR. Now I am assuming it to come down to 1300-1400 range once again. We have completed the upper zone in my view. We may test the point of control in PVR. This is not a recommendation for investing or trading. Please do your own analysis before going for any trade...

imkhushal Updated 

It is clear from the chart that we are in the C wave of the correction in NIFTY 50, We have done the 1 of C and in 2 of C and we can approach 17780 for 2nd wave of C. Longs are not advised as of now, if it is so bullish then all time high should broken for any long. Be cautions... Big question is, why FPI selling. This is not a trading or investment advise, do...

imkhushal

Vardhman Special Steels-Wave Analysis As seen from the chart we can assume that the wave 2 of primary degree was so deep in Vardhman Special Steels. The intermediate 4th is about to complete. The target of 337 is projected with the help of extension tool. As it has broken out of the channel, and may retest the support before going forward or may move further for...

imkhushal

NIFTY-50 COMPLEX CORRECTION Nifty 50 is making a double three correction. 2 leg, i.e., (W) and (X) has finished and again in (Y) we have done W and going for X, we are in C wave of X. Please don't expect this correction to complete early. if you like then please like. Levels are not as per ratio, not to assume. Best Regards

imkhushal

LICHSGFIN is in 2nd wave of its Intermediate Cycle. Its near to completion of Intermediate cycle 1 & 2. We are assuming .618x retracement for intermediate wave 2, however, it may retrace up to beginning of wave 1. Normally it depends on the particular instrument's personality, and for Primary cycle LICHSGFIN has retraced more than .786x of primary wave...

imkhushal Updated 

BANKNIFTY in Wave 2 of 3rd primary wave. Correcting in Wave (B) of 2. Lets see if it turn down from 61.8% which is usual retracement level for (B) wave. Note (C) may be equals to (A) wave or greater. C=A will happen if 31045 level is achieved. Regards Like if you liked.

imkhushal Updated 

NIFTY PULLBACK-RANGE Internal 5th of 1 is looks un complete. May be 17400-300 range would be pullback range. Wave 3 of 1 was extended hence, we can assume 5th of 1 could project to 38-61% and definitely will not be extended. Hence, pullback trader can think near 17400/300. This is not an advice, please do your own research before going for a trade. Will try to...

imkhushal Updated 

AMARARAJA BATTERY IS IN 2ND WAVE OF CORRECTION. It has done the desired 2nd wave correction which is 61.8%, however, 2nd wave can retrace upto start of wave 1. But it looks that the market is respecting the level of 61.8% and probably it will further become bullish. It broken out the trendline and has come to retest that long term trendline and again respected...

imkhushal Updated 

Nifty wave 1 of A done. We are in Y major wave. 5 wave of 1 have finished. Will go for 2 of A, which will be in 3 wave (abc) (18061 may be tested) This move of retracement may keep busy for 3 max days. Then we will go for 3rd of A. All levels mentioned in the chart with fibo projection and retracement. Please do your own analysis before going for trade. Any...

imkhushal Updated 

PVR LIMITED Elliott Wave Analysis. PVR has done its corrective wave A. Now correcting against the corrective wave A for B. 1 and 2 of A looks has completed, and we can see a pullback for c of 2 . Then we might move for 3 of A. Not for trading purpose. Any losses made are viewers own risk. Regards Like if you liked it.

imkhushal

Might be we are still seeing the correction for B wave. If it break the 39k Level and sustain above we can assume that it has completed the correction for wave 4 and will go for 5th impulsive wave. But anyhow if it remain below the 61.8% of A wave we have other possibility of C wave. Not for trading purpose. Any losses are sole responsibility of the...

imkhushal

If we have completed the correction then, this may be a possibility. We have corrected in irregular correction. And if it is correct then 3rd target already have achieved we can see BANKNIFTY around 36400-500 in opening. Have shown both the possibilities which could happen in future. Educational purpose only. Losses are the sole responsibility of the viewer. Regards

imkhushal

knock knock knock Break the door... DJI looking like this

imkhushal

Banknifty has completed its A wave correction. The divergence in RSI on daily chart implies that the 5 structure has completed downward. That is A wave has completed. Now we will go for B(abc) upward the target would be 61.8% of A (38800) This chart is not for trading purpose, any losses will be viewers own risk. Regards like if you like

imkhushal

Nifty is still bearish. It looks has completed A & B (red) and Now impulsive wave C is under progress. out of which we have completed inner 1 and 2 of (1) of (C red) . Not for trading only a view. Regards

imkhushal Updated 

BANKNIFTY-WaveTalk Guys sorry was buzy in some other work could not update the banknifty chart on daily basis. We were having our main trend downwards and we had counter trend of 2nd and 4th wave inside the 5th wave. If last channel broke downside then it might be confirmed whether we have done the 4th wave (fibo level has been achieved upward for 4th) We will be...