According to wave analysis, financial markets move in a pattern of five waves in the direction of the larger trend, followed by three waves in a correction of the trend. The five-wave movement is called an impulse wave, while the three-wave movement is called a corrective wave. In the case of Axis Bank, the completion of five waves of (A) and three waves of (B)...
Hey Guys ! I could not publish charts during last week and up to today. Today gone through the chart of Crompton and Greaves and its near its wave (2). The instrument can move from here or from 78.6% level which is around 209-210. There is less to loose and max to gain. The chart is higher degree chart and it should be considered for 1 week or 2. (1) in the...
It seems BANKNIFTY has completed 5 waves of (a) upside and we can witness a selloff till 39600. Hold your breadth and be ready to buy at bottom of 40000-100 for the target indicated above...! Pls like share subscribe. This is not a trade recommendation, pls do your own analysis for any trade or investment. Regards
INFY IS LOOKING SHORT It looks like the INFY seller distributing at current level of 1487 and it might touch 1476 today itself. Regards No recommendation to sell or buy ...!
NIFTY-LOOKS C COMPLETED...! Please go through the 15 min chart, this seems that it is near to complete the 5th of C. It is time to be cautious on longs... Regards
Today tried to customize the ichimuku indicator. The output is in your screen... Pls like if you liked it.
BANKNIFTY HOURLY CHART-UPDATE FREE SERVICE Guys in my view their is no such condition to be very bullish. In higher degree we are in wave 4 of which we have completed (a) and (b) now we are in impulsive move down, and it will be an impulse as I am sure we are in an expanding flat. If you will have money, you will be able to put it at bottom otherwise you will...
Bank Nifty Elliott wave Correction - Expanding Flat Hey guys please go through this silent video....the counts are self explanatory. If you come across some difficulty please comment, I would try to clear...my points...! Thank you for showering likes on my analysis. Keep motivating .... Thank you.
Hey guys subsequent to our previous analysis with dot targets I have observed this in lower time frame. Please checkout the counts. It looks that iii of c has completed and we are in iv of c and it seems its making a triangle in the iv wave of c. If it happens then breakdown from e leg of triangle may occur. Thank you. Please visit profile for detailed profile...
It is observed from the Nifty and banknifty chart both are giving bullish divergence in daily time frame. This may take both indices to somewhat upside... Structure in Elliott wave looks like this..! Regards
It is observed from the Nifty and banknifty chart both are giving bullish divergence in daily time frame. This may take both indices to somewhat upside... Be cautious on short positions....! Regards
Reliance Industries Ltd Seems have more pain. Reliance industries chart I had uploaded earlier too. It was looking in wave 4 of correction. The retracement for wave 4 is considered to be around 38-50%. I have taken 38.2 % which comes around 1856, level is marked with green line. This is not a buy/sell recommendation. only for educational purpose. Please read the...
Hey guys can see the moves made by dow jones from 13 march....each leg looking a 3 wave structure.... In my view it is in 4th wave of lower time frame and would show you much deeper levels... This is not a trade idea but for educational purpose.... abcde patter in formation...! Regards
ABB LTD-WAVE COUNTS LOOKS IN MAJOR-MINER THIRD As per the request of one of the follower the video has been recorded. Please see the chart with step by step movement of ABB LTD. Regards.
Hey guys...! Be well informed before any further trading...! We are running in a channel in nifty and I am hoping a Pullback near 16925. Please see the chart for more information. Regards
Nifty view update (Possible Move) The move downward from 17800 is looking like impulsive move. If it is really an impulsive move then more down side is expected Chart is self explanatory. Do watch for educational purpose only. This is not a trade advise. Regards
Kotak Bank Ltd...Lets see where it unfolds It seems from the chart that Kotak has completed its upward cycle going for correction of complete cycle. I am not saying going to fall tomorrow but hoping to come to the point mentioned in the chart in medium term. What will be trigger I dont know. Detailed analysis is uploaded on ytube can see and like if you liked...