We retraced 61.8% of the last explosive move today and now we can see an upward price movement with SL of today's Low. no buy sell idea. pls do not trade on the chart.
HUL price action suggesting a long near the cmp, we can witness a price rise of 50-150 in near short term...!
It seems that Banknifty is rising in its corrective bounce and we are doing wave 4 of wave A, if these count may unfold to the reality than banknifty may complete its wave A near 54500.
Aarti Industires counts, are these counts justified for upward movement..... No buy sell recommendation just a view and educational idea.
Pls check the structure of the market in regard to Dixon Tech. I feel its going to break badly. No buy/sell recommendation its just an opinion. Regards
JIO-FINANCE Jio Finance is approaching the completion of its Wave 2 correction, with the 50% retracement from the 0-5 wave structure already achieved. The chart suggests a potential breakout from the 4th wave of the C leg in the Y structure. If the price surpasses the 4th wave's high, we could see further upward movement. Additionally, a break above the (B) wave...
The chart the last breakdown from 6.Nov.24. We may have completed the impulsive wave 1 to the down...and currently in a corrective bounce for wave 2. Counts are marked on the chart and is not for any trade activity.
Yes, looking at the count it reveals that it can more retrace downwards....labels are marked for purely educational purposes.
From the chart, it is clear that we are in wave (3) of a major degree and currently in wave 1 of wave (3). I believe wave 1 may conclude near the 100% or 123.6% levels, which are marked on the chart. As it has already breached the 61.8% level, it looks likely to cover the range of 100% to 123.6% in general. Then, we may see a retracement for wave 2 of a minor...
It is observed from the chart that we are heading into a bear cycle for Reliance Industries. Coincidentally, the Fibonacci retracement level of 0.618 aligns with the encircled area, indicating a potential support zone. Furthermore, the Gann support also appears to converge in this area, suggesting a strong support level. This convergence is highlighted by the...
Today is last weekly expiry of the BANKNIFTY. I think they are going to trap all seller in today's expiry. Short should be brought down to escape from this trap. Not recommending to buy in any means ....! We have done the D leg down of a triangle....an explosive move for E can anytime resume...! Regards
Hey guys Iam asking you to know whether this indicator is a hoax or really a neelly river trading machanism. pls comment and inform me...!
It seems that exide industries has completed a sequence of the 5 wave upside (terminal impulse) and we are correcting against these 5 wave completed. As the terminal impulse has a quality that it may retrace to 60-78% of the upside move, a rectangle is placed for the correction completion indication, the longs may be initiated in the rectangle area, we will then...
I think this video will be useful to my followers. I put my time to show you my view on the exide industries. All the levels are labeled in the chart. Any query? do write in the comments. Thank you. Disclaimer: The information provided in this stock analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves...
Based on current chart patterns and Elliott Wave Theory, it appears we are in Wave 4 of a higher-degree cycle for the 10-year U.S. Treasury bond yields. Wave 4 is typically a corrective phase following a strong trending Wave 3, suggesting that this phase may involve consolidation or retracement. Key Levels to Watch: 38% Retracement (Lower Orange Line) : If...
Based on the chart analysis, the following observations can be made: A double correction in the form of a wxy pattern was completed near the price level of 49,650 on August 14, 2024. Subsequently, Wave 1, consisting of five subdivisions, was completed. Wave 2 concluded on September 9, 2024, at a price level of 50,370. A smaller degree five-wave pattern was...
DOW JONES ELLIOTT WAVE Hourly counts of DOW JONES are plotted on the chart. Not a buy sell recommendation just a view. pls do ur own research before going for any trade activity. regards