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inspite nifty looking like taking support but still as per Elliot wave pattern its forming a incomplete structure. The bounce from 24073.9 level may get sell off from 24561 level and then Index is expected to move down @ 23714 level and complete its correction in smaller cycle which started from 26277.35 level and will complete wave Y (red) which will be...

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After forming a continuous bullish sequence, Nifty started a 3-wave corrective move from its high of 25,333.65. It completed the first leg of the correction, wave (W) blue, at the low of 24,753.15. Then, Nifty made a pullback bounce, reaching 25,130.5 for the second wave, (X) blue. Now, we are in the making of the third wave, (Y) blue, which is expected to...

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Godrej Consumer Products is currently forming a 5-wave impulsive structure on the 4-hour chart. It appears to be nearing the completion of wave (iii) in blue. Once wave (iii) is complete, we expect a 3-wave corrective move to form wave (iv) in blue. This correction could present an opportunity to catch the potential wave (v) move. However, it's crucial to wait...

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Silvermini 4-Hour Chart Analysis: The Silvermini chart is currently showing the completion of a classic 5-wave impulsive pattern. We are now entering a 3-wave corrective phase. The internal wave structure of the first corrective wave is forming a 5-wave pattern, indicating that after a brief 3-wave bounce, another 5-wave structure is likely to emerge, completing...

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🎯 Nifty Index Insight: Bullish Wave Formation 🎯 On the 1-hour and daily charts, we’re witnessing an impressive bullish sequence in the Nifty Index. We're currently in Wave 3 (Red) on the higher degree, and we've completed Wave ((iii)) (Black) on a smaller degree. Naturally, the next phase is Wave ((iv)) (Black), which offers a potential entry opportunity to ride...

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📈 Bank Nifty Higher High Sequence - 1-Hour Time Frame Bank Nifty is currently forming a higher high sequence on the 1-hour chart. According to Elliott Wave guidelines, the sequence remains incomplete as the index has yet to reach the 100% Fibonacci extension level between Wave (1) blue and Wave (2) blue. This setup presents an intraday opportunity with a...

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🔍 Updated Copper Analysis A few days ago, we shared our view on buying Copper. Here's the latest update: The correction seems to have completed in Wave Y red. Following that, we've observed a perfect 5-wave move to complete Red Wave 1, followed by a 3-wave correction. The next probable move is likely to be another 5-wave structure. Even if Copper forms a 5-3-5...

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Reason :Month chart structure is clear bullish sequence making Higher High and Higher lows. Trend is Upwards, So trade will be buying Now opportunity for buying in Uptrend means, when we get corrective wave formation scenario like wave 2 or Wave no 4 in any degree. so that we can En-cash the upcoming Impulsive major moves in the form of wave 3 and wave 5 in...

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In continuation of our view presented in Earlier post. We have been continuously mentioning Correction in Nifty was Due even before any event happening like FED meeting and announcement. We believe in working based on charts and factual data analysis. if you want to corelate market moves based on News you can get News on Daily basis. Correlating market moves...

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Dollar index if makes low we probably will have RISE and Index and Vice versa this is correlation of Dollar index with Index in a particular Dynamics of Market.

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AS it have broken level of 2247.1 of 20-Dec now it have formed a Lower low Incomplete sequence. with this it have open a door for its move to 20260 vicinity where it may find a support and we can look fir buying opportunity in this zone marked. Which also means their is scope for selling opportunity till that level. Wish you a Happy Trading

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In continuation to my view published on 01-DEC As we have now breached 06DEC low 707.5 we are now in a incomplete bearish sequence by making Lower High and Lower Lows. This sequence started as a corrective wave after completing Cycle which started from MAr-20 and made high on 25-oct @ 687. and than started its corrective move which completed its 1st leg on...

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We are looking for selling opportunity In Nifty as per levels mentioned Their are 3 probable moves that can happen in Nifty which are discussed in Breif

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As per our view presented on 21Dec we initiated Short position in Wipro and now we are heading towards our expected level, we will book profit in our short position @ 600 underline stock levels. After starting 3 wave corrective move from (3) Blue we are now heading to 590 Level which is expected to find buying. We will be initiating Long trade with levels as...

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Since 06-OCt Natural Gas is in a corrective move and is forming a Flat In Black ((A)) ((B)) ((C)). It seems in formation of Last leg (5) Blue down as indicated in chart this will complete correction and one can look for BUYING opportunity for long term. However to encash the smaller move in Wave (5) blue we have initiated a sell position with stop loss @ 4.045...

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Favorite Stock again in Buying Zone, initiated Long for Target of 1175 1. After competing Wave ((3)) Black and making peak on 16-DEC stock gave 3 wave Regular Flat correction to complete (C) in Blue 2. During this Flat correction have reached 100% retracement of (A) Blue from Wave (B) 3. With the Blue Marked zone it is now expected to give at least a 3 wave up...

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# 100% retracement level of Blue marked cycle # Confluence with 38% retracement of Wave ((3)) Black Good Buying and support zone Expected Now to give at least a bounce to 50% retracement of immediate cycle ((c)) black upto 1250-1300 level

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Hello Friends I am Back after a week Long Snowy Vacation to Kashmir In continuation with previous view, I mentioned as a detour it may breach 17241 level and if so we will revisit wave count. It did and now we have rearranged the wave count, However our overall view still remains same that Nifty is expected to give Downside unless it breaks 18604.45 ...