Gjain75

Gjain75 Updated 

Nifty 50 is advancing well on its primary wave 3 and demonstrates strong momentum. This primary wave 3 is of cycle wave V, so should inherit properties of wave 3 of cycle III. Aiming to cross 23000, currently it has touched the high probability pullback/retracement level. though previous pullbacks since April 2020 suggest that it may fail to achieve adequate...

Gjain75 Updated 

Mphasis completed its cycle wave on Apr 17, 2023 with double bottom and bullish hammer. The rally following this completed wave (i) of its new primary wave 1. Today the stock touched low of 1843 marking 50% retracement with completion of intended wave structure and an exhaustion gap on June 6, 2023. Post this, the powerful wave 3 should begin. Though the wave...

Gjain75 Updated 

I have been facing multiple instances of wrong data reported at Trading View charts - especially hourly charts category. Can anyone help me understand

Gjain75 Updated 

Gold is making wave B of primary wave 3 (on the hypothesis of making diagonal of cycle wave 5). Currently it is in wave (C) of this wave, and should be an impulse. This impulse has made wave 1 and 2 achieved almost its target of 61.8% retracement. It should fall rapidly from here, if it continues to become wave 3 of this impulse. Target Short by...

Gjain75 Updated 

Completed its minor wave 2 (of larger cycle wave 5) with more than adequate retracement, which is normal for wave 2s as they question the validity of rise of wave 1 from extreme pessimism. Since adequate retracement has been achieved, the probability of substantial fall is low. It should target to achieve its goal of 1582 by Mid / end July and 1754 by Aug. Sep.24...

Gjain75 Updated 

Stock is making triangle as part of cycle wave correction. Though will not achieve its desired target down, expected to fall to 5700 in about 47 days (CMP 7027, -18.8% fall). Swing traders will make it find support at 6536, which could be weak as that level was shortlived. Swing traders may also target 50% retracement of the current wave down to 6321 (-10% fall)....