Case Study based on Elliott Waves on exampled chart Tata MotorsHello Friends,
Today we are plotting Elliott wave counts on Case study chart of "Tata Motors Ltd".
In this study we used Elliott Wave Theory & Structures, it involves multiple possibilities, and the analysis presented focuses on one potential scenario. The provided information is for educational purposes only, not trading advice. There's a risk of being completely wrong, and users are warned not to trade or invest solely based on this study. The content is not an advisory and does not guarantee profits, We are not responsible for any kind of profits and losses; individuals should consult a financial advisor before making any trading or investment decisions.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Elliott Wave
Bitcoin to $120K: The Final Wave?Bitcoin is back in the spotlight, and the charts suggest we may be entering the highly anticipated 5th wave to the upside. A move to $120K is increasingly likely as institutional adoption grows, supply remains scarce, and the narrative of Bitcoin as digital gold continues to strengthen.
However, markets are never a straight line. On the contrary, The unlikely option for the Bitcoin is it could see a dip below $85K in the near term before resuming its climb. Short-term corrections are part of the game, but the bigger picture remains bullish. With halving on the horizon and growing global demand for store-of-value assets, Bitcoin’s long-term trajectory points upward.
The 5th wave could be the most explosive yet. While volatility is inevitable, the journey to $120K seems to be just a matter of time. Bitcoin remains the king of crypto, and this bull run still has fuel in the tank.
Not a financial advice, do your own due diligence.
Velodrome (VELO) Potential Upside – Mirroring Aerodrome’s Rally?If you look at the recent price action of Velodromefinance (VELO) side by side with Aerodromefinance (AERO), there’s an intriguing similarity in the charts. Both tokens had large drawdowns of around –62% over roughly the same time span (about 19–20 days) before Aerodrome launched into a massive rally back in March.
The Setup
Price Action: Velodrome is currently hovering around the lower range after its –62% drop. This consolidation period is often where accumulation happens if buyers are stepping in.
RSI: The Relative Strength Index shows momentum potentially starting to shift from oversold territory, hinting that buying pressure could be building.
Williams %R : Often used as an overbought/oversold indicator, it’s also turning from deep negative territory, another sign that prices might have bottomed and could be poised for a move upward.
Volume: Although Aerodrome’s volume spike was on a smaller absolute scale, the uptick in Velodrome’s volume could be a bullish sign if it continues—higher volume on price upticks usually confirms stronger buying interest.
Why the Bulls Are Hopeful
Similar Trajectory: Aerodrome followed a major correction with a sudden upside push—many are eyeing Velodrome to do the same.
Consolidation Base: When a token spends time “flatlining” near support, it can build a springboard effect if a catalyst (such as new partnerships, listings, or broader market rallies) arrives.
Growing Demand: If Velodrome gains traction in its ecosystem—through staking, new protocol features, or simply community hype—it might attract fresh buyers ready to catch the next wave.
Key Resistance Levels & Targets
$0.20–$0.22: This is the first band of potential resistance where VELO’s last consolidation took place. Breaking above that zone could signal stronger upside momentum.
$0.25+: If momentum really picks up, reclaiming this zone would be a major psychological win. It might open the way for a run back toward previous swing highs.
Risk Factors
As with any crypto asset, there’s no guarantee that Velodrome will mirror Aerodrome’s breakout—market conditions could change suddenly. Always be mindful of potential volatility. Keep an eye on RSI, volume, and overall market sentiment to gauge if the setup remains favorable or if weakness creeps back in.
“And hey, if VELO doesn’t go parabolic any time soon—just tell everyone you’re ‘in it for the technology.’ Works every time!”
Wave5 in making against BTCWe been consolidating for over 9 months, wave4 retrace 0.5 (0.0018) become strong support at this point. Now can be used as soft stop at this point.
Shall we break above peak of wave3, 1.272 target around 0.0035 and 1.618 around 0.0043 will become zone of interest for wave5. We simply revisit peaks from 2021 and can form whatever double top it is.
XAUUSD_1W_BuyAnalysis of gold in the long term In Time Weekly, the market is in an upward trend, and in terms of Elliot waves, we are in the correction wave of May 4. The price floor and the main support of 2025 is 2464, and by maintaining the high price of this number, we buy gold for the numbers and target of 3000 and 3300 dollars.
Doge(based on NEo wave)last counting failed but there is these 2 bullish scenarios for doge and I think soon we will see a dog which can fly!
one of the ways is complex corrective wave which contains WXY waves and the other one is triangle with ABCDE waves.
in short term the bow tie diametric with G wave (which is not formed yet), I prefer to buy more on G wave.
Tesla Inc. (TSLA) Analysis and Price Projections for 2025Tesla Inc. (TSLA) Analysis and Price Projections for 2025 (3-to-5-Month Outlook)
Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities.
Tesla Inc. (TSLA)
Current Price: $403.84
Key Levels:
Resistance: $488.54 (Wave 5 high).
Support: $340.81 (38.2% retracement), $295.17 (50% retracement).
Outlook: TSLA has likely completed Wave 5 and is in a correction. Expect pullbacks to $340.81 or $295.17 before a potential recovery.
Projection: TSLA could rebound to $420-$450 by Q2 2025. Now, a huge factor is FSB and Robo Taxi's. TSLA could very well reach $1,000.00 by year end 2025 if those factors materialize in the first and second quarter 2025.
Alphabet Inc. (GOOG) Analysis and Price Projections for 2025Alphabet Inc. (GOOG) Analysis and Price Projections for 2025 (3-to-5-Month Outlook)
Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities.
Alphabet Inc. (GOOG)
Current Price: $190.44
Key Levels:
Resistance: $202.88 (Wave 5 peak).
Support: $157.77 (100% retracement), $143.16 (50% retracement).
Outlook: GOOG appears to be correcting after Wave 5. Key support levels to watch are $157.77 and $143.16, which could provide good entry points.
Projection: After consolidation, GOOG could aim for $190-$200 by mid-2025.
Netflix Inc. (NFLX) Analysis and Price Projections for 2025Netflix Inc. (NFLX) analysis and Price Projections for 2025 (3-to-5-Month Outlook)
Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities.
Netflix Inc. (NFLX)
Current Price: $891.32
Key Levels:
Resistance: $941.75 (Wave 5 high).
Support: $644.16 (38.2% retracement), $460.30 (61.8% retracement).
Outlook: NFLX shows signs of a Wave 5 peak and is likely heading into a deeper correction. Support levels at $644.16 and $460.30 are key areas to watch.
Projection: NFLX could rebound from these levels to test $800-$850 by mid-2025.
META Analysis and Price Projections for 2025Analysis and Price Projections for 2025 (3-to-5-Month Outlook)
Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities.
Meta Platforms Inc. (META)
Current Price: $585.51
Key Levels:
Resistance: $716.05 (0.618 Fibonacci extension).
Support: $526.45 (50% retracement), $500.00 (61.8% retracement).
Outlook: META is likely in a corrective phase after completing Wave 5. A pullback to $526.45 or $500.00 could provide attractive entry points.
Projection: META may recover to test the $650-$700 range by late Q2 2025. The degree of that Impulse Wave will determine if we end the within 2024 range or we breakout more towards $750 or $800 in 2025.
AMZN Analysis and Price Projections for 2025 Analysis and Price Projections for 2025 (3-to-5-Month Outlook)
Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities.
Amazon.com Inc. (AMZN)
Current Price: $219.39
Key Levels:
Resistance: $233.00 (Wave 5 peak).
Support: $175.10 (38.2% retracement), $157.22 (50% retracement).
Outlook: AMZN has likely completed Wave 5 and is in an ABC correction. Key levels to watch are $175.10 and $157.22 as buy-the-dip zones.
Projection: A bounce from these levels could see AMZN trading back towards $200-$220 in the next 3-5 months and maybe $250.00 by year end.
Technical analysis comparing SPX, RUT, and DJIChart comparing supercycle structures of SPX, RUT, and DJT.
Supercycle starts October 1974.
Wave 1 peaks are in 2007-2008, wave 2's are zigzags that end in March 2009.
Wave 3 terminates in November 2021 for RUT and DJT,ithe latter of which has a blow-off top. SPX wave 3 terminates in January 2022.
Wave 4 assumes all three indices are forming flats. SPX and RUT formed all time highs in December 2024 and November 2024, respectively. DJT's all time high is still November 2021.
If DJT's wave 4 is a regular flat, then RUT and SPX are most likely expanded flats. Each index would then be in wave C of their flats, and each would be looking to take out their 2022 lows.
Therefore, for SPX, price should move down quickly towards 3491.58 to complete wave 4.
Wave 5 would be impulse waves back up towards all time highs, for a new bull market over the next 5-10 years.
PEPE, long term super cycle awaits!This is how PEPE could play out in the long-term assuming that we're putting in wave 1, which looks like a leading diaganol. In the medium term we're likely to see some lows as the minor wave 1 corrects for the clearly visible ABC. But, then hold on to your hats as we put in wave 3 which is always the most violent. If you're not out of your shorts by then, this pattern could ripe your face clean off. In any case, keep an eye and plan for early retirement. Follow for more.
GBPCAD Scenario 1.1.2025According to the data we have available, it is possible that the market could move slightly up to the price level of 1.81500, since the market is forming as a range, it is quite likely to expect an SFP below the low and a subsequent move up to the aforementioned level. If it does not hold support at the level of 1.81600, it is possible that the market will move up even higher.
ETH Correction Analysis
▶️I believe we are in the correction from the whole impulsive movement which began April 2022 (at 881.56 low).
▶️My primary count considers we have finished black A, and are currently in black B.
▶️Expecting further downside to test the green support zone and ascending trendline.
▶️Note that the 50% pullback would be close to 2.500.
GBPUSD Scenario 1.1.2025This market is very difficult to predict at the moment, the point is that we have very close resistance around the price level 1.2520, if we hold this level, we can consider the previous low as an sfp from which the price can start to rise, or if we do not hold this level, we will fall below it and the market will try to hold the second sfp or send the price even lower.
USDCAD Scenario 1.1.2025In this market, I only see that if we maintain the monthly level around the price level of 1.43 and if the price wants to head towards this level, we will watch the sfp below the low and there a possible entry into long at the price where the next monthly level is located at the price of 1.45800.
USDJPY Scenario 1.1.2025At this moment we are shown two scenarios, both shorts, we have an sfp above the low because it could give us a better view of the overall direction the market could be heading at the moment, support above us, which if it breaks, nothing prevents us from moving to a higher level, if we hold the level, then we can expect a move somewhere towards the price of 150, but I am still waiting for confirmation.