tapovanvashisht

tapovanvashisht

A complete impulse wave consisting of 5 waves can be seen on nifty chart. Bear put spreads of far months can be really beneficial

tapovanvashisht

@2798 levels the ab=cd extension can provide a great PRZ for reversal

tapovanvashisht

Time is about to change for bears and they will come with full force as soon as this final impulse is over

tapovanvashisht

5th wave is in progress and an end to it would complete this cycle of entire Elliott wave

tapovanvashisht

In harmonic trading there is a pattern called reciprocal AB=CD. The corresponding ratios under this example could be 2 & 0.50

tapovanvashisht Updated 

If there is no major correction this week there is good probability are witnessing a first wave extension and the target zone if somewhere near to 78.6% of wave 1 that amounts to 16816. +- 50

tapovanvashisht Updated 

Short below Trendline and keep a stop loss of high made today

tapovanvashisht Updated 

Seems to be an elliott's Ending diagonal in dow jones

tapovanvashisht

Elliott wave completion suggest consolidation if not reversal at current levels. Wave 2= 50% of wave 1, Wave 3 is extended 2.618% of wave 1 wave 4 somewhere around 23.6% of wave 3

tapovanvashisht

#HDFC Completed ABC where wave C= wave A. Some other important reversal areas in case of ALT ABC (1.382/1.618)

07:08

tapovanvashisht Updated 

Everything is mentioned in the video it self. Questions are welcomed

tapovanvashisht Updated 

Seems after wave 4 completion in form of a triangle infy is all to set for another upmove

tapovanvashisht

Breach of 2-4 TL will be bearish for the stock and erode whatever gains were made during last uptrend

tapovanvashisht Updated 

Seems nifty is completing its 4th wave correction on hourly chart and will soon depart for higher levels but this is the final rally to be seen

tapovanvashisht

It looks like an expanding triangle is forming in wave 4 of in dow jones post which it should again go for a new high before that it must test 34600

08:09

tapovanvashisht

Impulse waves also comes in many varieties such as first wave and 5th wave extensions apart from impulse waves where 3rd wave is extended. There's a brief summary of this concept in this video. @8:00 please consider it as 15400 and not as 5400

11:46

tapovanvashisht

I have tried define the the movement of nifty through elliott wave. Questions are welcomed

tapovanvashisht

Harmonic pattern completed in BEL SL previous high target 140