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...
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.
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...
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
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
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
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...
It looks Coal India has taken support on the long term support trend line. The price has moved below trendline but has come up with divergence in RSI. We can see the level of 179 in short term. Not for trading purpose. Only educational analysis. Regards Please like if you liked.
Guys as we predicted it did not happen. Now what we can assume of being made by banknifty is a wxy correction. we have done A major going for B major of which w leg and half of x leg has been done so far. after doing x we will move for y leg. Regards
Only for education We were considering the "A" wave down to be completed but an EW chart pattern came into the notice, which clearly depict the 4th wave structure and even it did not complete the correction of 38%. The correction looks deeper from here too. Do not be trapped into the long side. **not for trading purpose. Regards
Please see if the diagonal is the case. Then the level has been shown in the chart. In diagonal wave 4 can not go below wave 2.
LATENT VIEW ANALYTICS LTD. I think fundamental of the company are good of this company. We may wait to complete the 2nd wave which is around 578-585. May double your money in medium term. Only for educational purpose. Regards
If we consider the last up move to be 1 then we are in an impulsive move upward. We have completed 1 and going for 2 out of which it looks a has been completed and will go for b upward. Then a sharp reversal towards 17050 which is at 61.8% level of wave 1. ***Note: wave 2 can retrace up to 99% of wave 1 and below 100% the recount will take place. This analysis...
Currently we have completed wave A or 1 downside. The chart pattern depicting the future targets of banknifty for B or 2 wave.(39350) We are making a diagonal in wave 1 (in diagonal wave 4 retrace below the wave 1 top) And if it is true then banknifty should not go below 35525. (will be invalidated if break below) Read the level mentioned ask if any...
I thing banknifty is still under correction for 4th wave. we have completed an impulse downwards and will correct for downward move...that has a upper target of 39350. ******************education only************************
NIFTY is making a double zigzag. We are in last leg of double zigzag. Has broken 50% of retracement and we will definitely see the 61.8% level. Only for education purpose. Regards
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.