Alas !!!!!!!!!!!!! Third tech stock similar to TECHM and HCLTCH analysis. It appears that tech stock following specific trend! Wipro completed Elliott corrective wave and begin new cycle of Impulse wave! Got good support at Fibonacci retracement level of 0.236 (410 ) . watch out for breakout above triangle line. If price moves above triangle, I will update T1...
XRP : Formed Elliott wave ending diagonal /Falling wedge. Is it ready for for up move now !??? Let's see. Please see my previous XRP predictions ; one UP predicted in Feb 15 which reached target in May 1st. One down move predicted on May 1st which reached target on June 21.
BAJAJ_AUTO: formed fifth wave in channel. seems like it is ready to go UP!??
AXISBANK: formed ascending triangle with price pushed to apex. Is it ready to go UP?
BHARTIARTL: formed asymmetrical triangle and price pushed to apex . Is it ready to go UP???
ACC: seems like it is finishing last wave of motive wave and formed ending diagonal. Is it ready for correction ???
DIXON : in the process of consolidation and forming symmetrical triangle. If price close above it, go long!
ITC: seems like it is completing cycle of Elliott wave of smaller degree and getting ready for new cycle! Let's see.
JKCEMENT formed symmetrical triangle and price is pushed to apex. Is it ready to go up!??
RAIN: formed ascending triangle of Elliott corrective wave . Is it read for breakout !?
BAJAJCON: seems like it finished expending triangle. Can we expect long here !?
CUMMINSIND: it is in the process of completing Elliott corrective wave with Descending triangle and price pushed to apex of triangle. When price moves above triangle, go long!
TATAPOWER: seems like it is completing Elliott wave symmetrical triangle and price pushed to apex. Is it ready to go up?
TATACOMM: getting good support at 1050 to 1070. Seems like it is completing Elliott corrective wave with descending triangle! Can it go up !?????
BIOCON: got good support at 370 to 385. Formed Elliott corrective wave of Descending wave and price reached to apex. Is it ready to fly !???
OIL_CRUDE : It appears that Oil is at 5 wave of Elliott Motive wave. This Fifth wave is indicating "ending diagonal " type . I am expecting Oil to reach 68 by the end of this month and then fall back to 60! Lets' see!
M_M: Formed descending triangle of Elliott corrective wave. Watch the price at watch out zone and go long ! I joined tradingview back in Feb 7, 2021 . This is my 100th Analysis and I am happy to have 100 followers! Thanks to everyone for the encouragement! Let's work together for better future !
MUTHOOTFIN: formed descending triangle of Elliott corrective wave. If price stabilized at 1150 to 1170 , it can fly up. let's see!!