DJI wave theory analysis on weekly basis: presently Dow in wave 1 & making triangle pattern or complex (clue; Dow making HH & HL). whenever DOW will break it BD base trend line ,that time wave 3 has to be started & it should first target 1.68% of wave 1. than it to be take time & correction downside unto 38% of wave 3. again when 4th wave to be completed once its...
Elliott waves completed (08 waves i.e 5 Impluse + 3 corrective wave ) since 2004 to 2020 on mothly time frame. than new Impluse wave have started since 2020. now in present seems that 3 wave have completed & 4th wave in ongoing. 4th wave to be comes at 38% or 68% of wave 3 which target have given in chart. And target upside upto 512 level when it completed 4th...
1)Completed Elliott wave (Total 08 waves. 5 Impluse & 3 corrective ) since 2012 to Nov 2018 2)In Bigger time frame Impluse wave have completed (05waves). 3)Now present in corrective mode. "A" corrective wave has completed & B wave seems has been completed but it may touched to be 61.8 of wave A. now Wave C is peding towards downword. it may 61.8%,100%.1.618% of...
Silver MCX chart on weekly time frame. its is comes at good buying zone until & unless support lime is int acted Target will be upper channel trend line. this is only educational
GOLD MCX in dollar, Technical Analysis, 04 hr Time Frame
Note: HDFClife is broeken channel on weekly basis. this has started 3 wave. target will be 759 & SL 600. it can hold for long term. Even all momentum indicator are strong i.e. RSI/OBV/MACD/BB.
HDCF failure HH. and making double top If sustain above lower trendline it may touched upper trendline & target will be 1840 Note: HDFC bank break out lower trendline & it make comes at 1542-1500 level in comming days/weeks. short time may go for retest of lower trend line than will go for downside. This is only educational purpose only
Understanding of market phases of Bank Nifty Target to be achieved after when breakout of Consolidation/Distribution phase. than take entry as per break out either UP or DOWN But I feels it should be break downside at least 42300 level.
Axis Bank technical chart analysis Strong support zone is 845-822 Strong resistance zone is 1000-965 Impulse wave Impulse wave has completed (1-5) on daily basis. Wave 1 & wave 5 are equally. Wave 3 is longest wave. Wave 2 taken less time as compare as wave 4 ( in corrective pattern). Corrective wave Corrective wave is pending & expect it may flat or zigzag...
Reliance making Expanding triangle (RIL technical analysis) If this lower trend line break out than may comes to expanding triangle lower trend line. appx 2100 level If this upper trend line break out than may comes to expanding triangle upper trend line. appx 2900 level
Nifty all time high. Oscillators are making LL & price are making HH. its means correction (fall) to be start soon towards downside. 1. OBV is neither making HH & nor LL 2. A/D is making LL Perfect Divergence 3. Targets (18100/18000). as per fibonacci ratio first target Strategy: 19000CE sell 19200 CE buy Note: If you choose call sell this...
NIFTY 50 Complete technical analysis by Patterns, RSI, MA, BB, Price Action, Wave Theory Nifty touched second time appx 18890 level. My opinion: nifty may open gap up on monday & may sustaion 18900 level , will makes star candle. and on monday it will make bearish candle like as today (Three candle pattern i.e Evening star pattern will make). whenever at top makes...
Banknifty making rounding TOP . means banknifty may fall at least 1000 point in comming session Channel break out Target 42300 in comming session as I have discussed already
CRUDE OIL CHART on WEEKLY BASIS through Elliott wave & NEO wave Impulse wave completed (5 wave /1 to 5). In this pattern 5th wave was longest wave Now on present wave on corrective phase i.e. Advanced Elliott wave (Neo wave) Upside move target 88. but if it break "ob" trend line thats only possible Note: Crude falling means globally crises to be happed. Its not...
BANKNIFTY ANALYSIS BY MONOWAVES methods on hourly chart
BANKNIFTY One Hour Chart analysis with Strategy (Put Spread) This is call truncation ( because HH is not making here) BANK NIFTY one hour chart analysis 1) Break 2-4 trend line 2) Break POC level 3) First level 1.618% & 2nd target 2.618% level of Fibonacci ratio Strategy for this Sell 44200CE (this 15june expiry & buy...
Since 2017 starting point of BTC, it have Ist wave in triangle pattern (means mostly if 1 wave have triangle pattern then 3nd wave is longest which have completed in BTC & hit 3.618% of Fibonacci ratio. 4 wave taken more time consumed & 5th wave also complted as per elliott wave. then big correction has also done (a,b,c in form). hence total 08 wave have complted...
Since (2013) starting ABBOTT has complted Impluse wave (5wave). and touched 24000 level. Note: 1)I am trying to analysis since 2013 & it has complted Impluse wave. and now in corrective mode. 2)It will be once again to be touched 24000 level or less (81% of previous wave) or more (101% of previous wave) or equal to previous high (24000). 3) now present is B...