Bitcoin has unfolded in 3 waves which can either be zig zag or an impulse off of the recent peak, now it can be discerned to be in wave iv of wave 3 or wave c, wave iv here is a triangle but it will be early for me to say that it will just be the triangle because the triangle here can be a part of a much complex pattern which is yet to unfold, now after the fourth...
A Perfect Elliott Wave Impulse Pattern Is Spotted in Bajaj Holdings, Why Do I Call It Perfect? Because It Abides By all The Rules and Guidelines, Even a Perfect Elliott Channel Exists Here, The Price Objective For The Fifth Wave Top Can Be Derived By Many Ways, First is To Measure The Width of The Triangle and Project That Distance From The Point of Breakout In...
We Have Spotted an Full Five Wave Structure From The Low in August till The Highs
We Have Also Checked The Wave Internals, Ratio Relationships, The Labeling Meets all The Rules and Guidelines of Elliott Waves,
All The Waves are as Expected Based on Wave Personality, Wave 5th was an Extension, Therefore the Ensuing Correction Was Sharp (Just as Expected), Now if we...
KEC is Consolidating in a an Apparent Flag Pole Pattern, We Also Saw Volume Declining Significantly, So A Sharp Breakout is Expected Soon If it Breaks Above The Trend Line Then We Can See it Coming Again Towards The Recent Highs (And Going Beyond It).
But We Also So a Mini Triangle Type Pattern Inside The Channel, Thus I have Drawn a Trend line Within the Pattern,...
Pidilite is in Triangle Consolidation For Quite a Time Now And Breakout is Expected Soon,
If The Upside Breakout Follows Then We Can Expect Minimum Target of 1600 But if It Goes Beyond it Then The Other Target Would be 1700.
If a Downside Breakout Happens Then There's a Minor Support at 1350, But As Per Technical Analysis Rules Another Target Can Also Be near 1200
M&M is Near An Important Trend Line Resistance, Prices Can Either Bounce Back Towards The Downside From Here or Breakout Above It.
If an Upside Breakout Does Happens Then The Minimum Expected Upside Level Would Be 700 According To Classical Technical Analysis Rules.
Nifty Had Formed an Apparent Flag Pole Pattern, Which is a Continuation Pattern, If Nifty Breaks Above The Trend Line Then We Can Expect Prices To Come Once Again Near The Recent Highs.
Prices For Sometime Can However Also Continue To Drift Within The Apparent Channel.
