selvamB

selvamB Updated 

diagonal 4 th wave tend to cheat bulls remember we are in all 5 wave down one left (c5)which may be severe

selvamB

As per logic , when a price of an equity fell from listing date means, either , secondary market players not interested in current pricing. or the Major stakeholder is making money by off-loading his portion . here we use our EW to find the bottom . 650 is our 5 th wave ending price . if it supported here you can see a pickup of this stock from next week.as ABC

selvamB Updated 

Don't be in a hurry to invest in stocks. wait for the real 5 wave down expecting 3500 before june22

selvamB

Booking profits from all virtual asset is the DUTY of a SMART INVESTOR before the public realize

selvamB

gold may not be a hedge against inflation. soaring oil price , inflation will not support gold prices expect $1770 before June and consolidate before a major down trend

selvamB Updated 

based on current PA ,NIFTY bulls are unable to lift the index to 16824(1st wave low) retail investors are in long position but FII 's accumulated shorts, what next? pity bulls are trapped for slaughter this week

selvamB Updated 

bears not aggressive in selling. bulls confusing with direction result; bear trap may form to induct more retail investors what EW/NW chart says; 5 waves completed as triangular correction ABCDE. wait for 50% recovery till 16725 If it passes over then bulls are strong. BUY ON DIPS If It fails then bears will start the game now be in longs only until 16725

selvamB

A clear case of terminal pattern (EXTRACTING TRIANGLE) formed in S&P500 INDEX. Weekly Neo wave price chart is very easy to understand ,and it may look like text book pattern. Bigger Trends will consume more time and consolidation before Next trend change. 5 waves (ABCDE) completed with a negative bias , a retest of neckline is inevitable before next trend or...

selvamB

c3 wave completed with negetive bias. corrective wave A,B, completed, remaining C wave to bring SPX to maximum 62% of c3 wave. buy above 3950 with 3895(B wave bottom) as stop loss be cautious near neckline. happy trading

selvamB Updated 

ABCDE TRIANGLE CORRECTION is about to complete in NIFTY, As per NEO wave counts temporary low formed in NIFTY@16142. wave 'E' segment is less than wave 'A' segment is the first confirmation of correction ending. The final C wave is also less than A ,in wave E segment also give a secondary confirmation. to get a final confirmation bulls has to lift the nifty to...

selvamB Updated 

before the expiry date 20/05/22, SPX may give a counter rally upto 4300

selvamB

On going Wave 'C' has the potential to bring this yellow metal to 1709 for its wave 3 correction. Expect this before May'22

selvamB Updated 

After the DOUBLE TOP gold finished its wave 1 and 2 . wave 1 has 5 waves and wave2 is 3 wave recovery but not up to 62% of wave1, therefore today's correction is considered as the beginning of wave3 wave 3 always be a swift wave , the first target is to bring the yellow metal to $1820 and if extended expect $1670 and finally $1407. wave 3 may extend upto 162% of wave 1 .

selvamB Updated 

SPX price action on Monday (2/5/22)will decide the future course of correction. Neo wave charts are simple and easy to predict market timing and direction. Price levels inside the ellipse are crucial and if 4080 respected (not breached)close the shorts for a while

selvamB Updated 

A 5 wave Diagonal with quick reaction pattern formed in NIFTY. Reaction waves took less time in triangles, wedges. as per previous pattern analysis there is a due for wave 'E' this is the deciding wave at final stage after 'SMART SELL OFF' completed. so far bullishness is intact @ 55% retracement of wave 'E'(blue dotted line). next 2 days(3rd may'22) price action...

selvamB Updated 

WHATEVER may be your investments, making one investment in any environment which can be trusted for years is RELIANCE INDUSTRIES. With in 30 trading sessions this stock appreciated 25% and still more fuel is left. Certainly RELIANCE is the king of INDIAN STOCKS

selvamB Updated 

THE SUPER BUBLE A super bullish rally after a sharp sell off (corona crash)from 2192 to 4818 is in the form of ABCDE diagonal CORRECTION BEGINS Now SPX is in corrective mode, and the first leg (wave 'X') completed @4114,following a recovery rally (wave 'X')also completed@4637. MORE CORRECTION NEEDS CONFIRMATION The second leg of correction (wave' Y') WILL BE...

selvamB Updated 

LONG time charts ,weekly,monthly are easy for deciding the market direction. daily charts are the lowest time frame in elliott wave analysis to count sub waves. if you want to trade tension free ,follow daily charts take position for a weekly and monthly targets. A simple idea is shown in the above chart. we have completed 2 legs of corrections as wave 'A' and 'B'...