selvamB

selvamB

Comex gold futures will test $1576 for its final leg of proceeding wave C next week. good opertunity for physical buying

selvamB

Final leg of D wave (Flat) is ongoing in NIFTY ,expecting an ending diagonal to reach 14818 on 19th april. wait for conformation because IF it overcome this number then more upside will be possible

selvamB Updated 

The on going wave'A' will be completed by this week.Now the final 5th wave is extending... Today(07/04/21) we have RBI policy results at 2.00pm... Let's Check How much Damage to bank nifty put writters...

selvamB

We had 23 week BO and after a shallow 9 week flat correction , this index made another 23 week followup move northside. So far every thing goes well with year low VIX. BUT something tells me that a big movement is gonna happen from next week. Result season will punish the bulls? Neo wave time cycle has the clue. just wait for next week, dont forget to take a...

selvamB

A datailed recovery wave analysis on INFOSYS shows that, all the goods are digested by the market Now more shorts(1500CE) are developing and low volume with rise in price is a trap for retailers Its over one year to take some profits on hand by the smart investers. Don't you understand what's the hell is gonna happen?

selvamB Updated 

C WAVE ended in a triangle, next Move from BULLS to lift the index to 3914 is expected. trade accordingly

selvamB Updated 

When the Whole world needs to take some breather , Hong kong is an exeption. Elliot wave count is somewhat tricky but I tried my best. Wave Y (double zigzag) completed on Feb2018 . This index took 2 years time to form its first leg of correction(wave a of 'X' wave) The proceeding Wave b,will have a time target of July 2021 At...

selvamB Updated 

c4 wave should take the nifty to 14912 on monday(5th April)where upper hands unload their longs and add shorts Let us be on that side ,we do take shorts for a while targets given enjoy trading B.selvam, Neowave analyst

selvamB

4060 is the key level to reach by S&P500 futures to decide its further bull run. REASON ; c5=c1+c3 LOGIC; B wave over extention limit is 4060 CONFIRMATION ; next week monday selling from this leveLl NEAR TERM BEARISH as (4b) recovery completed and next (4c) will begin DOWN to 3720 next week SELVAM, NEO WAVE ANALYST

selvamB

The chart give you all details of ELLIOT wave count for NYMEX light sweet crude futures. I noticed that his commodity recovered in 'V' shape from ABYSS(3rd of3of wave5) and erased all its losses to $60 But this recovery has one more test for final wave C5v, I assume that this will finish nextmonth (april)for 0.618 times of c5i at $46 comments are welcome

selvamB Updated 

NEo wave Analysis & time cycle is the best way to forecast the next move . My previous analysis (3600) postponed for a fortnight. The next achievable target (5th wave of C)within 2 weeks time is 4100 So , Get into the bulltrain for sometime.. Enjoy trading , Enjoy life, TRADE to LIVE SELVAM,B BE,MBA Neo wave Analyst

selvamB

Ongoing correction in COMEX gold futures will aggravate if it breaks bullish support line($1655), and may free fall upto 1506 within 2 weeks.

selvamB

An unknown friend asked me to put a chart on 'GEELY AUTO' I can read any chart using NEO wave technique and able to plot the next move with timing. Most important is I refuse to use any indicators rather HATE all kind of nonsense which will not give you any FORECAST. ENJOY trade well SELVAM.B. Engineer ,,Trader,,,Analyst

selvamB Updated 

As my chart explains everything, no words needed to explain , that simple ELLIOT wave principle will tell you what's happening NOW. TESLA will not make new high now. ALL car manufacturers in the world clossing their IC engine plants Young traders buying in a hurry to accumulate this stock BUT will not knew that one more DROP is there. ER.Selvam.B Neo...

selvamB

Chart explains what to do on next week(29 th apr,Monday) selvam b option buyer

selvamB

COVER all your longs on the expiry day(25/3/21) , ELLIOT wave count tells me that after c4 (34900) there will be swift c5 to unfold upto 31500. Reason ; c3 is extended more than 1.618 times of c1 Conformation;c4 should not get into c1 trough ,RED LINE selvam b neowave practitioner

selvamB Updated 

I explored almost all my knowledge to prepare this GREAT S&P 500 chart for our TRADING VIEW mambers The index is in 4th Wave of GRAND SUPER CYCLE. usually 4 th wave will be a simple FLAT. BUT due to QE by FED and Artificial liqudity by Policy Makers , the impact of ressesion (wave...

selvamB

S&P 500 (ES1) is exhuasted with all fuel burnt. Now , This index will test its final push of 4050/4000 next week.(march last week) After CORONA fall ,wave(A) , this entire recovery wave termed as wave(B) which gone beyond the start of wave(A). (irregular FLAT correction) The next one will DISTRIBUTION WAVE called wave (C). which has 5 legs down and 3 legs up(...