Cipla is in last leg of correction of expanding triangle, where it will complete wave e and so thus the Wave C of the Zig-zag at 1372-1371 Possibilities: 1) Cipla's correction will be over by 31st Jan if it completes leg e (1372-1371) 2) Chances are there might be wave e truncation and we will start seeing the trend change, which will be uptrend 3)wave e...
Fivestar Business Finance has started the uptrend, but then it has to go for a small correction before it resumes it upward Journey, I see that we are in the process of completing 2nd wave. Will the correction ends at 669 or goes down a little bit beyond 669 that is the question? I would prefer to wait and watch and then take the decision when the right time...
DLF was in sideways moves for quite a long, however it was trying to finish the contracting triangle. What more we are at the right time. Possibilites: 1) we can have another small contracting triangle in which leg e will be the leg a and so on. 2) we will see a sharp move towards 944-945 considering the triangle is completed. Its a little wait and watch...
Fall will continue in LIC in coming and will go below 800 (798-795), we are in the last phase of correction which is wave C of ABC, once this correction is over, LIC will resume uptrend, till then Just watch and wait for the right opportunity . Disclaimer: I am not SEBI registered member and this Idea is only meant for educational purposes.
Look at the NLC chart, you will see that the downside it will go to 214-210 to complete the C wave in which e-wave will reach 214-210 to complete the triangle. However there are chances of truncation and it might start moving up. The strategy is to let it move conclusively above 275 rs, post which it will reach 307 plus in matter of few days if you are...
Axis Bank has formed a flat correction ABC, currently we are in the last leg of the correction, where wave C is a triangle. we still have wave Z of the triangle to be complete, which I believe will be around 1000 little less. Once the triangle is over we will get a very sharp and big move in upward direction the reward which you will remember for the months to...
We have just completed 3rd wave of the Impulse wave. Next move will be the 4th wave, we have an opportunity to make quick bucks here. Disclaimer: I am not SEBI registered member. I don't have the authority to give any buy or sell target. This Idea is just meant for educational purposes only, please do your own analysis and take appropriate decision
HDFC bank is on the verge on going down, If you see that it has broken the long support and now its going down further, weekly chart shows further down trend. Using the traditional analysis rather than Elliott waves to keep the things simple. Disclaimer: I am not SEBI registered member, please do your own analysis and take a call. This posting is only for...
ICICI Lombard is in uptrend, currently we are in wave 3 of 3 and just completed wave 4 of wave 3 of 3. Long story short if you have patience till mid of April 2025, we can see ICICI Lombard at 2300 Plus. Disclaimer: I am not SEBI registered member, my view and analysis is for educational purposes only. Please do your own analysis and decide.
If you refer the chart of Reliance Industries, its in impluse move which is Just wave 1 of the Zig-zag and we are about to complete wave 5 after this expect A-B-C move which we can use to our advantage and make some profit. Post that one more correction to complete the 5-3-5 Zigzag and then we can see a long trend. Disclaimer: I am not SEBI registered member,...
I am closely following KPIT for quite a while. If the label wave counts are correct then expect KPIT to fall further. As per my analysis its in the last leg of correction which is wave 5 of wave Y. Now wave 5 can be a impulse or simply an ending triangle. Once the correction is over expect a quick and sharp move towards 1900. If it moves sharply above 1570 by...
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Chart of Cochinship yard speaks all, I don't need to say anything about Cochin Shipyard, if you have patience, you will see Cochin Shipyard at 720 plus in next 2-3 months.
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HDFC Bank has started the correction, we are about to complete the first leg of correction, however what we gonna see next is a sharp X wave towards up and then another leg of correction. I haven't marked all the details on the chart, since I use other charting software where I have marked step by step details on each wave count and how we reached there. For now...
I have not marked all the previous motive waves, however the important part here is not the previous motive waves. we have already completed 5 waves up, which ended at 783.50, we are correction now and we just completed 1st leg of correction, what that means we still have 2 legs of correction to complete, one more up and then down. Currently we are in leg 2, what...
AU Small Bank is ready to Rock. It will easily reach 675-680 that's what I am aiming for, only in exceptional case if the Wave e gets Truncated then it may not, but for now that possibility I am not considering. please take a look at wave d, which is a triangle so we have triangle within a triangle within a triangle, basically 3 triangles. Such Situations are rare...