Educational purpose only: herein TATA steel has marking Expanding Triangular pattern at wave ((B)) position. It was a very rare scenario . Only 5% possibility for this type of correction. And same time wave ((B)) Retracement has been completed 50 % of a wave ((A)) with Expanding Triangular.. here Metal index formed FLAT correction.. this on of the main...
Educational purpose only : one month ago PVR short trade posted. It was achieved target levels. that was a similar degree target s. Now higher degree wave cycle has completed then take a short trade setup again. Resistance level 1760-80. Target minimum 1700 Maximum 1620
Educational purpose only : Elliott wave analysis based on my view point. My perspective bank nifty may be falling on coming weeks. Why I am saying this here Bank nifty momentum decreasing it was clearly identified.....
Educational purpose only: Airtel making a zigzag correction.... Currently Airtel completed 5 wave cycle with minor degree.... Market level 744 is very important resistance level... Here correction wave C equal to the Retracement of wave A Short trade target levels . Wave C target levels = 625-619
Educational purpose only : Dr Reddy's stock give better trade opportunities similar short trade & long trade setup . Similar short trade : Enter short trade set-up . after market reach 4100 level Target minimum for short target 1 = 3930-3920. Extreme target = 3860-3840. When short trade completed 3840- 3850 level is a very crucial level for bounce back . You...
Educational purpose only: Lupin Enter a trade for short 780 -770 level Target = 720 -710 levels...
Hour chart for explaining more details in currently: Educational purpose only : CIPLA making 5 or 7 wave Correction . It's mean WXY or (WXYXZ )pattern. This correction happen in CIPLA higher degree wave (((3))) . Correction also within 0.382 Fibonacci levels.. ..this technical point gives confirm this is a wave (((4))) correction. Coming weeks CIPLA has...
Educational purpose only : Pharma Sector wave analysis said it was very clear Zigzag correction now it makes higher degree wave (((A)))) . Now Pharma Sector making three wave correction or triangular correction for higher degree wave (((B)))). Then this month Pharma stock gives better opportunity for a month. Like cipla,lubin, sun Pharma ...... Take long for a...
Educational purpose only : M&M the stock making corrections in parallel channel ....... Wave personality & wave overlaps are confirm that Corrective .... Herein M&M gives short trade setup .. like Zig zag correction pattern.... Target level wave A=Wave C Level of short trade target = 725-715 Trade with stoploss......
Educational purpose only: M&M already published FEB 9 - but I know that Trend in Corrective mode after I am watching continuously . cannot recognise correction pattern due to I don't spend much time for this stock . Yesterday was Target has achieved .now I am starting much time to spend.what happens this stock too much complexity in wave formation. Today post...
Educational purpose only : 1210 level decide market rally or bear . This 1210 level strong resistance level it is a turning point of HCL Tech. I am updating similar time frame correction here. Updates. But long time frame wave analysis market in Corrective wave. Coming days unfolding what happens right or alternate wave counts...
Educational purpose only: Elliot wave perspective for searching HCL Tech for profitable trade set-up.try with stoploss...
Educational purpose only : Colpal coming weeks makes new low Herein Colpal in wave (4) position.Runing Triangle has formed here .now it's already completed wave ABCD-E is going on... after forming extreme wave (5) . .A triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and...
Education purpose only : Wave C =1.26 of a wave A Zig zag correction has completed. Another confirmation. higher degree Wave 4 formation till completing nearby .32 fib levels .
Similar degree wave 1 formation nearly Completed. Now wave 3 of a (5) has kick -off .we confirm this Rally with higher volume in this stock next few days....
Educational purpose only : Wave 5 has terminated here wave (1)= wave (5) Truncation wave( 5 ),Wave ((5))= 0.681 * wave ((3)). Both level are co incidents in same price level . .Motive cycle was completed. Now started Correction in higher degree. ABC formation in coming weeks.... Try anyone with long term short position trade ... In grasim....
Educational purpose only; TATA motors wave cycle same as Bank nifty & nifty index charts .... .here support level as 300- 360 very crucial level for bounce back... Now TATA motors in wave C direction .... Nifty 50 index & Reliance industries HDFC Bank & TATA motors these all chart are same as 85% If correction will be end the stocks at same time... After...
Educational purpose only: TATA steel makin new expanding Barrier Triangle combination@ wave (X) . It was notified the market trend is continuous coming days.. That was wave (z) will be arriving (1000 or 930) levels. 7 wave price move very confident trade setup for long term holdings . Why I am saying this... If WXYXXZ correction was end by the market.. Next we...