SENSEX - Support and resistance
Reached extended price target. Neutral now but expecting selloff
Best,
Hard Forky
Sensex
Dow Jones on a Big Bull RunAnalysis of Dow Jones on a Big Bull Run
Mar 2020 crash was only the retest of the 20 yr Broadening Pattern.
The pattern as been tested and the up move has been initiated
SBIN - Elliott wave analysis - ABC zigzag up in X waveexpecting ABC bounce as (X) wave and then down, then it turn down as (Y) wave in sideways move
Divislab - Elliott wave analysis - correction downit looks like finished the impulse up and now correcting the move down and below 4757 it confirms the correction down
Drreddy - Elliott wave analysis - ABC zigzag in Y wave expecting ABC zigzag as the part of (B) wave up - small upside followed by pull back as B and then one more push higher to finish C of (B)
Bajajfinsv - Elliott wave analysis - 4th wave correction then upexpecting small pull back before it starts moving higher for new high of wave 5 of 5
Adaniports - Elliott wave analysis - B up of ABC correction downexpecting one more up move as 5 of c of (B) wave flat before bearish (C) wave starts
Drreddy - Elliott wave analysis - ABC zigzag in (B) wave bounceIt is in (B) wave correction as ABC, where A wave looks like forming impulse, so expecting one more high and then correction of B and one more leg higher as c of (B). Once it finished (B) again it will go down for (C) down in complex (W)(X)(Y) correction down.
Adanient - Elliott wave analysis - ABC flat correction It was forming ABC zigzag within (B) wave, where B wave was triangle, so expecting C wave little higher to form larger flat like correction in (A)(B)(C).
Sensex / $ACWI All Country World IndexSensex has now finished above the 2018-trendline for the third time on a weekly basis. RSI also showing strength.
More confirmation that India is now a good place to invest your money.
For educational and entertainment purposes. Not investment advice.
Sensex outperformance vs S&P 500 on the cards?Can you spot the pattern? The past 2 times the SENSEX has out outperformed the S&P 500, we have seen big bases, trendline breakouts and RSI confirmation.
Wait and watch to see if history repeats itself this time too.
If the ratio stays above the trendline for a 2-3 week period, it's game on for Sensex.
For educational and entertainment purposes. Not financial advice.
SENSEX - Support and resistanceBlow off top expectations at $60k EOY
Expecting INDIA/Japan to lead the way
Mphasis stock analysisMphasis on a daily timeframes showed us a recovery from 2750 level by projecting a inverted head and shoulders pattern. If it is manages to close above 2930,we can initiate a swing position in it..
LT - Elliott wave analysis - corrective price action it is in correction after impulse cycle finished at last high and now expecting sideways to bearish correction down towards 1540. Within correction it can make a new high as overall market sentiment is positive.
Infy - Elliott wave analysis - impulse 5th of 5th upIt seems like 4th of 5th of 5th of 5th is about to finish and it start moving higher in final leg up towards 1794 and thereafter it may start correction.
Drreddy - Elliott wave analysis - B of Y wave correctionIt should now bounce in B wave before next move down as C of Y wave. The drop from 5615 was impulse A wave and it should bounce in B.
NiftyMidcap50 - Elliott wave analysis - ABC correctionIt is in correction after completed ending diagonal and break down below the up trending channel. So it is expected to form ABC correction with invalidation level below 7823. If the current bounce of B wave will be sideways choppy, then there is a possibility of next C wave will go down further.
Bajajfinsv - Elliott wave analysis - probably topping outMinor high will probably end the bullish cycle as 5th of 5th wave and start correcting down - Will say choppy to bearish below 13870, until then it can always extend higher
Adanient - Elliott wave analysis - ABC correction It looks like forming triangle in B wave and will continue C wave down soon after breaking below 1407 level. The 1563 is the level of invalidation. and target will be between 1090-1000.
Share you comments, if you are agree or not ?
Nifty - Elliott wave analysis - buy or sell ? what's next
It is in correction after finishing the shorter cycle, so from current level, it should start correction up to 16100 or lower level. There is always a possibility of further extension, but buying at current level is too risky. So stay hedged between both buy and sell set up to be risk free.
Ethereum / SensexETH / SENSEX above 2.5 looks good.
Also, check out the superb trendline since ETH inception.
Not investment advice. This is only for educational and entertainment purposes. Please refer to your investment advisor before doing anything. I am neither a registered investment advisor nor a research analyst.
BTC (INR-adjusted) / SENSEXAs long as we are above 36.9 for BTC / Sensex, there's no reason not to own BTC.
The almost-10-year-old trendline is also acting as a strong support zone.
One more interesting point to note is how BTC ripped up in May 2017 after breaking out of the Nov 2013 highs. After the May 2017 breakout, the former highs acted as support in July 2017. Post that retest, BTC / Sensex roared to the famous 2017 BTC bull run.
Now, a similar pattern in the ratio, with those December 2017 highs acting as strong support, can be seen developing in August 2021.
Not investment advice. This is only for educational and entertainment purposes. Please refer to your investment advisor before doing anything. I am neither a registered investment advisor nor a research analyst.
Titan - Elliott wave analysis - 5th wave It is in 5th of 5th wave and will go up to 1900 before it start correction. Once it drops below 1773, it can go down up to 1600 or lower as the part of corrective cycle.
