Elliott Wave Perspective: Shiba launched up in 5 waves, where wave 5 extended to 161% max levels and gave sharp decline up to wave 4 territory. Now tables will turn around! We can expect a 3rd wave rise again. Invest wisely. Cheers!
Dabur is in start of 3rd wave again? Keep an eye on this. After giving a WXYXZ decline, It formed wave 1-2 as expanded Flat formation, and the next wave 1-2 is coming to an end. Now anytime 3rd wave can start.
If you've seen my view on Bitcoin which I've posted long back, I've depicted the decline. It has performed well. Now seems like the correction is complete unless it doesn't break the low it made. New and higher highs will come if the correction is complete.. Oh boy! There's gonna be some serious dead lift take off now.
TATA MOTORS : seems like a bearish triangle formation. Stick to the stoploss and target. This is just an educational view of Elliott Wave Analysis. Kindly do your own analysis before taking the trade. -Happy Trading :)
USDINR - By looking US markets, also I've posted the ideas for S&P500, NASDAQ, DJI, Seems like USDINR has to move up. Invalidation Line will negate this count. Anyways let's co-relate the Market :) and see the trend.
NASDAQ as per Elliott wave looks like It's gonna make or break. I'm personally Bearish unless, it meets it's invalidation Line as depicted. This is completely Educational Analysis of Elliott Wave . Kindly do your own Analysis before heading into it. Thanks :) Happy Trading :)
DJI as per Elliott wave looks like It's gonna make or break. I'm personally Bearish unless, it meets it's invalidation Line as depicted. This is completely Educational Analysis of Elliott Wave . Kindly do your own Analysis before heading into it. Thanks :) Happy Trading :)
S&P500 as per Elliott wave looks like It's gonna make or break. I'm personally Bearish unless, it meets it's invalidation Line as depicted. This is completely Educational Analysis of Elliott Wave. Kindly do your own Analysis before heading into it. Thanks :) Happy Trading :)
BANKNIFTY (30mins tf) - In elliott count observation, we can see an ending diagonal has formed. Breaking the level 33080, leads to a bear trend where it's minimum target shall be 28k. If It goes beyond the upper level/stoploss 36083, then there will be bullish movement, and target will be updated if it crosses this condition. So as per now, focused on the ending...
BANKNIFTY (15min tf) - Is on one last upmove, then finishes it's ending diagonal 12345 wave counts. Then, there can be again a downfall for the coming days. Minimum Target goes for 28k. Will update after it reaches 28k. Definitely not SEBI - Registered. So, this is only for educational purpose.
TATAMOTORS (1h Tf) - It shows wave E of the barrier traingle has formed an ending diagonal at wave (c). This is signalling for a big fall in coming days. Unless it hits the stoploss at 419 as shown. Targets are given as per the barrier triangle's thrust measurement (minimum target potential), and max target could go upto the major support. Definitely not SEBI -...
BANKNIFTY forms ending diagonal at wave C. If it breaks the lower red line as shown.. It will lead to major fall. If it moves upon the above red line ( stoploss ) shorterm upward momentum can be seen but no so much, yet falls again. So Plan your trades wisely. Definitely not SEBI - Registered. So this is only for educational purpose.
PAYTM after it's fall... Formed a Leading diagonal. One may buy for mid/longterm if price crosses 676/- with strict stoploss at 578/- This could be the start of major 3rd wave. I'll update next target once next waves (1) - (2) forms soon. Keep an eye on this. -Definitely not SEBI Registered. So, this is only for educational purpose. Invest wisely!
JKPAPER - It's at the verge of the edge... It can be an abcde triangle, or Can be abc zig-zag correction between the parallel lines. Trade/Invest wisely. This is only for educational purpose. Not - SEBI Registered.
DCAL - A risk : reward = 1 : 2 trade. With strict stoploss, one may ride the trade. -Not SEBI - Registered, only for educational purpose.
NIFTY - Bears are taking over again? Or Sign of Bulls entry? Breaking 15951 leads to a bearish trend can lead upto 14.2k Where as breaking 16888 opens the gate for short term bullish moment. This wave-count is just for educational purpose. -Not SEBI - Registered. Invest wisely - Trade confidently.
The price is in corrective move. We can expect further downside move if the price doesn't reach the invalidation level. Which will change the wave count. So, this is only for educational purpose.
NIFTY is in crucial zone. This Could decide a trend. Uptrend or continue of downtrend? Hitting the stoploss will lead to continuation of downtrend. If not, that will be the end to the bear market. Let's see. -EDUCATIONAL VIEW.