Hello all, this is a new chart of relcap with probable elliott wave count. From this perspective seems like further fall is pending but we are currently going down in wave iii of c of (B) , if you get it good otherwise no issue i am expecting good pull back to test the high of wave (A) again but it might comeout to be a triangle. so let the pattern form and take ...
Well, from probable elliott wave count it seems we may be in the last wave. But there is another alternative that we might be finishing wave 3 and waiting for a pullback as wave 4 so for the time being we are going with the shortest possible wave count. let see what happens.
If you have different view let us know, feedback will be very valuable.
Well if we compare nifty with yesbank or vice versa, nifty is ready to move ahead and yesbank seems to have completed it wave 3/c and going for wave 4/1/a. Dont get confuse it means nifty and yesbank should be in a bull mode. This is not for big time money just short term idea intraday or a day. Let see what happens.
Well every thing is labelled on the chart. It seems like we are in flat correction which might take it further down in coming days let see what happens. Any query or suggestion please comment it will be helpfull.
Well, bajfin seems like in correction before falling further. Its my view that we are in flat correction, which will depend on nifty how it behaves. Bajfin is follling nifty so lets wait and watch what happens.
Well every thing is explained in the chart. Let me clear
1. wave (3) = 2.618% of wave1 (7072)
2. extended wave 5 target (7112)
Hence nearest buy target should be around those area. Wave 5 is extended so we will see some fast pull back . Let see how it works out.
Please comment if you find any thing wrong in the wave counts.
Well, there are few of us who are wondering what nifty is doing and what next so lets try to solve the puzzle and see what happened today why a sharp fall and uptrend today. Well don't waste time see the chart and if any thing's wrong then please feel free to comment. Your comments are valuable to me. Please comment and suggestion.
Well every thing is explained on the chart, just see it carefully. This is for intraday trading and not for long term or short term. Well tomorrow we should finish wave 4 or may be we have finished wave 4 and moving for wave 5 as an ending diagnol. One thing to note that wave 3 was not extended till 1.618% of wave 1 hence there is a chance wave 5 might get ...
Ok well in my last chart we show fall of sunpharma and after that a good rally, rally continues, Last wave from 432.7 till 509.7 may be wave 1 or A. Then correction till 485 as wave 2 or B. We again started a good impulse wave to a new top today, if our counts are correct we will see a correction in coming days. May be tomorrow as we are about to end wave v of 5. ...
This is a post after a long time. According to the wave counts we can see we have completed wave C, where wave C = wave A. before that wave A was of three waves hence witnessed a triangle in wave B, after that wave C. Now at the end we have got a throw over which indicate possible up trend. And on a shorter time frame we have completed wave i and ii and currently ...
Well, according to my probable Elliott wave count and opinion it seems like some more up trend in JSW STEEL. We have finished micro wave 3 and 4 (wave 4 is 23.6 of wave 3). Now we are currently moving towards the final micro wave 5. But one need to be careful as we might not have finished wave 4 correction. Further wave 1 was a flat correction so with alteration ...