Wave Structure Identified: 🖤 Primary Wave: Black numbers – currently unfolding Wave (2) correction. 🔵 Intermediate Wave: Blue numbers – Intermediate (1) was an extended leading diagonal. 🔴 Minor Wave: Red numbers – used within the diagonal of Intermediate (1). Current Zone = Correction Opportunity: This is Primary Wave (2) correction. Price is in a value...
DIVI’S LAB is progressing within Primary Wave (3) after completing Wave (2) near ₹2,732. Intermediate Wave 5 (in red) is in play, targeting ₹7,400–₹8,000. Broader Primary Wave (3) may extend towards ₹10,250 based on 1.618 projection. 🌀 Primary Wave Count (Black Circles): Wave (1): Topped near ₹5,607 Wave (2): Bottomed near ₹2,732 Wave (3): Now underway and...
Technical Overview Apollo Tyers has shown a strong structural uptrend over the past few years. Using Elliott Wave Theory, the stock appears to be completing a classic 5-wave impulse pattern on the weekly chart. Elliott Wave Count Breakdown Wave (1) to (3): A clear and powerful uptrend, supported by increasing volume and price acceleration. Wave (4):...
Analysis: - Wave Structure: - From March 2020 low of ₹16, the stock has completed a 5-wave Elliott Wave pattern, peaking at ₹158 (all-time high). - Currently in an ABC correction, likely the second corrective wave of the primary wave cycle. - Breakout Confirmation: - A price breakout above ₹158-160 (ATH) will confirm the start of the third primary wave,...
The chart provided illustrates Tata Motors' price movements and technical levels on a weekly timeframe, showcasing a detailed Elliott Wave count and Fibonacci retracement levels. Below is the analysis based on the chart: --- Key Observations : 1. Elliott Wave Analysis: The chart highlights a 5-wave structure of Elliott Wave theory: Wave (1),...
DHLF was in range bound or in consolidation from the NOV. 2017 to till date, in that process a DHLF has formed a classic bullish pattern called as Inverse Head and Shoulder Pattern. now price are almost trading on supply side and waiting for breakout out from the neck line of Inverse Head & Shoulder pattern, if breakout occur with follow through , we can see...
Bata Inda was in Range bond for almost 2 year from july 2015 to july 2017, in which price formed a very bullish Inverse Head&shoulder Pattern On end of the July 2017 , its a gave a Positive Brekout from its NeakLine with good volume,;