rajeshsankpal11

rajeshsankpal11

HI, Reliance is moving on 'c' wave as per wave analyasis. Presently it is showing that the 4th minor wave of the ''C' wave is in progress which would reach at 2360 where it may find a resistance and from there it may come down to start a final wave i.e. 5th minor wave of the 'C' wave. If that happens it may go below 2060 to start a new bull cycle if it doesn't go...

rajeshsankpal11

Hi, Nifty has shown a bullish sign on wave analysis for this week expiry. It may close above 17250.00 level

rajeshsankpal11

Hi, Bank Nifty has shown a bullish sign on wave analysis for this week expiry. It may close above 40,000.00 level.

rajeshsankpal11

As every body knows Adani port is in correction. Wave 4 of ABC move is in progress and is likely to reach at 742 level. Wave 5 in the 'c' wave will be extended and can take the stock price down to 340-350 level or even lower.

rajeshsankpal11

Bajaj finance has formed a double zig zag correction pattern as per the wave analysis. It has started wave 5 in the 'C' wave which is likely to go below 5000 level. There could be a small recovery in the tiny wave 4 before it starts tiny wave 5 on the downside which will also finish in 5 sub waves to reach below 5000 level. This is only for educational purpose....

rajeshsankpal11

Hi, NIFTY 50 is in correction i.e. ABC form as per wave analysis. As on it is in short recovery zone in the 4th wave of ABC wave which can reach upto 17800. That is the max pain from where it will reverse down to continue in the 5th wave of the 'C' wave in the larger degree. The downside nifty can reach upto 15800-15900 to complete the last and final wave of the...

rajeshsankpal11

bank nifty is on the last wave i.e. wave five in the higher degree. In which wave 1 and 2 in the smaller degree is over and wave 3 is in progress. Tiny Wave 1 in the 3rd wave is over and wave 2 is in progress. As you saw how today market went high 41401. Tiny wave one can cross a mark of 41900 42000 before it goes into correction to form tiny wave 2 of wave wave...

rajeshsankpal11

VEDL has completed 1-5 impulsive wave and is in correction which will form ABC pattern. Wave 3 of 'C' wave is over and wave 4 is in progress. Wave 4 may end between 295-297 from where wave 5 will start. Opportunity to sell call or buy put at 295-297 levels. Wave 5 may will reach at 256 level or even may go further down if volumes are not increasing. this is only...

rajeshsankpal11

Adani port is bullish. Buy on the dip. According to wave analysis ABC correction is in progress. As per elliot rule 'c' wave will have five waves in downward direction. Wave 1,2,3 is completed and wave 4 is in progress which will form ABC move. wave 4 will finish at 736. Wave 5 is yet to start.