we clearly see GAP DOWN in 3rd wave of the 5 waves of the C wave. What does this indicates? A fall to complete the 3rd wave was quick. we are done with 3rd wave and in the process to complete the 4th wave. Possibilities: *) Downward it can go to 1148-1160 to complete the 5th wave. *) It may close the 3rd wave Gap before resuming its downward Journey to...
Cholamandalam was in correction for a long time, it has just now wakeup. As per the Analysis I am expecting the first wave to end at 1465. Will keep on updating the chart as we move ahead. Disclaimer: I am not SEBI registered member, this Idea is only for educational purposes.
Havells India to soon complete complex correction (W-X-Y). right now we are in the last part of the wave Y. Possibilites: 1) Wave Y can be (A-B-C) correction in which case we are almost done and ready to move to impulsive structure 2) Wave Y can be (1-2-3-4-5) in which case we are in wave 4 and will take some more days to complete and then expect wave 5 to...
HUL has just completed the downward Impluse and complex correction (W-X-Y). Although today it showed the strength to move upward, however it looks like there is need for one pullback before the upward Journey. Chart Speaks everything. Disclaimer: I am not SEBI registered member, these Ideas meant to be only for Educational Purposes.
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...
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...
TVS has completed the Complex corrective Wave W-X-Y, its time for it to move up and continue its Journey towards 2900 Plus in coming days. Remember the Stock Market Movement is not Linear, so it will take some time. The question to ask ourself is do we have patience to see the price we are looking for. Disclaimer: I am not SEBI Registered Member. The Idea...
Prefer Reliance Downward Trend is Still Intact. we are in Wave 4 which is still unfolding. Uptrend Move is still far away. If you are a trader (Positional, Intraday or F&O) then you don't need to wait that long, you can keep on taking small trades. you know where to enter and exit. As we progress in time I will keep on posting the New Updated chart.
Please refer the earlier chart of Cipla. Correction is over, we are seeing a big move up after the end of correction at wave e, remember there might be a pull back but overall the uptrend has just began. I am expecting that Cipla to move at 1675-1679 by Mid March to End of March. First Immediate move to 1580 and then the rest will unfold slowly. ...
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,...
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...
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...
Are we late to catch the HAL move, May be little bit, however after checking the recent correction we still can Join the upward movement, need to keep patience till March end if you want good returns. Disclaimer : I am not SEBI registered member, this is just for educational purpose only.
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...
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.
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...