chartgola

chartgola Dec 15, 2024

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,...

chartgola Nov 10, 2024

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),...

chartgola Sep 3, 2018

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...

chartgola May 16, 2018

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,;