imkhushal

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...

imkhushal Updated 

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.

imkhushal

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

imkhushal Updated 

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

imkhushal Updated 

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.

imkhushal Updated 

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

imkhushal Updated 

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...

imkhushal

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...

imkhushal

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************************

imkhushal Updated 

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

imkhushal

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.

imkhushal

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...

imkhushal

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...

imkhushal

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. Regards

imkhushal

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. Regards

imkhushal

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. Regards

imkhushal

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. We...

imkhushal Updated 

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. Regards