yogi_sharma_elliottician

yogi_sharma_elliottician

Once gives decisive breakout above 860, it can touch 875/885/895. Regards

yogi_sharma_elliottician

If the scrip holds above 3000 levels then it has possibility to move towards 3095, 3126. Regards

yogi_sharma_elliottician

Seems bullish only it holds above 1668 for 1700/1736. Regards

yogi_sharma_elliottician

Wait for breakout/breakdown

yogi_sharma_elliottician Updated 

#voltas might face resistance around 741/44 levels, once breaks it decisively, it might move towards 768/800 levels. Regards

yogi_sharma_elliottician

Levels update. It will play in these levels. seems bullish for now.

yogi_sharma_elliottician

#BPCL has given a breakout from ascending triangle. Now, it might move towards 384 and 392 levels. Regards

yogi_sharma_elliottician

The rules of elliot wave theory are strict, any break of the rule may lead into wrong analysis, always keep rules on your mind while labelling the waves. If you're a beginner, write down the rules in a sheet of paper, read it before labelling the waves. How to improve yourself? Practice! The more you practice, better the results. Regards

yogi_sharma_elliottician

See in the previous idea, the ABCD pattern or EW ABC structure helped us to gain 800 points with a minimal risk of 150 pts. Link below

yogi_sharma_elliottician Updated 

Tata steel is moving in a channel and has possibility to fill the gap, resistance are marked on the chart to watch out for. Regards

yogi_sharma_elliottician Updated 

Sustaining below/above the marked black line might push towards mentioned targets(down/up) Regards

yogi_sharma_elliottician

The scrip might fill the gap below before the up move, any bullish confirmation at bottom might push the scrip at 1200/1218/1236 Regards

yogi_sharma_elliottician Updated 

The scrip seems strong only if holds above 1990 for target 2217 and 2240 Regards

yogi_sharma_elliottician Updated 

Tcs holding below 2600 might push towards 2545. Upside holding above 2635 might push towards 2668/ 2708/ 2750 Regards

yogi_sharma_elliottician Updated 

Apollohosp- if sustains below 2076 we could see above marked levels on the chart. And the previous idea will be invalid. Regards

yogi_sharma_elliottician

This is not a triangle pattern, so I would wait and watch for the right opportunity, and would prefer on the selling side. Regards

yogi_sharma_elliottician

Seems weak below 1553 for 1540/1528 and 1514. Regards

yogi_sharma_elliottician Updated 

In the previous banknifty idea we saw a breakdown and the next key level was 23531. Recently it was close to touch this level and moved up. Now, if holds this level we can see 24220 and holding above it we can witness 24600 and 24813 again. If breaks 24220 and sustains below it, the next support could be 23230 and 22981 levels. Regards