imkhushal

imkhushal Updated 

Banknifty has broken the long time trendline and closed below it for consecutive 2 days. In last trading session it came to retest the trend line but could not close above the line. Let's see if the trendline reject the price or price close above the line. If price remain below trendline its not a good news for long traders. 41500 is a rock-solid support for...

imkhushal

Hey guys not able to upload chart today but will come up with fresh count and please wait for the next chart update currently Nifty has post 18000 outside and we will see further 150 level as per discharge update

imkhushal Updated 

After a volatile session we can expect a good session tomorrow. Wait till price action is settle in first 1 and half hour of trading. Then decide a long or a sort. Regards

imkhushal Updated 

It seems Lux Industries has completed its bearish sequence as per the chart structure. The instrument had completed its bull run near 4644 as all time high. And now its bottoming out at the current levels. Accumulation for Short term, medium term, and long term may be initiated in cash holding. Kindly do your own analysis before any trade execution. Take the...

imkhushal Updated 

Nifty looking to complete its A wave near 17690-17700 Please do your own analysis before executing any trade. this is for educational purpose only. Regards

imkhushal Updated 

It seems from the chart of Amara Raja Battery that it has started generating thrust for its implusive move for 1000+. The scrip had started with an diagonal structure in wave 1. Now we can see 665 in short-medium term but the stock is readying for 1000+ level. This idea is an educational idea please do not invest before consulting your financial advisor. Thank...

imkhushal Updated 

If we do not break 17930-17900 range downside then a possibility of the wave 3 upside. The counts are on the basis of lower time frame. Please refer to the earlier chart where if broken lows of 23.12.2022 we can further move down. The 2 possibility are in the view. Please do your own analysis before going for a trade or investment. Regards

imkhushal

BANKNIFTY Technical Analysis with Head and Shoulder. Please do your own analysis before going for any trade execution and you always ask your financial expert for any trading activity. Regards

imkhushal Updated 

NIFTY @18014.60 DATE: 26.12.2022 Please find the updated chart of new subsequent to the 13.12.2022 chart. The investments discussed or recommended in the market analysis, research reports, etc. may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and only...

imkhushal

The pullback in Adani Wilmar Ltd may be short lived. Adani Wilmar Ltd looks in final stages of correction. Yesterday move was 3rd of C wave and today's move is 4th of C wave. The current upside may be up to 559-60. We can go long in AWL near 485 with minimum of Risk. Wait and watch...! 485-486. Regards

imkhushal Updated 

Hey guys ! Please check out the latest count in nifty as per Elliott wave theory. The nifty look in a retracement for last impulsive move from the lows of Jan 2022 and to the top of 1st December 2022. In my view the nifty has completed its wave 1 downwards and retracing for wave 2 upside, if it retraces upto 61.8% then we may start falling from 18679 that is the...

imkhushal Updated 

In miner degree Reliance Industries Ltd has completed its 5 wave structure and retracing for wave 2. The retracement looked to end near 2383.05 This is for education purpose only any losses will be sole responsibility of the trader/investors. Regards

imkhushal

Nifty was in a bullish movement and consolidated in the range of 18604.45 and 15183.40. Then an impulsive move started from 15183.40 to 17838.90 and Nifty got resistance from the above trendline. Then nifty broken it through breakaway gap. That Gap is being filled and retesting the support of the buyers at the trendline. If retest find support it will...

imkhushal

Hey Guys ! Hope you all doing well, I really was busy in last 1 month and could not upload my views on the stocks. Today seen the chart of LTIM (Larson and Toubro Infotech: Mindtree). It had finished its 5 wave rally near 7588.80 on Jan 04.2022. Being in correction for the entire 2022, now it seems, it has completed its correction near 3733.30 on May 26.2022 (more...

imkhushal

Hi Guys ! Today updated chart of IEX - Indian Energy Exchange (NSE). It seems the correction in the instrument has finished and it might be moving in an impulsive upside move. In lower time frame it seems made a leading diagonal and a heavy correction after that. The levels has been marked in chart as I could see. We are in major wave 3 of the instrument. Please...

imkhushal Updated 

It can observed from the chart of Dow Jones Industrial Average Index we are in the mid of the correction happening right now. The Elliott wave sequence are as mentioned below: 1. We made an internal WXY in miner degree. 2. We have completed W-X wave of higher degree WXY. 3. We are in Y leg of the higher degree WXY. 4. Out 3 wave of Y leg we have completed A...

imkhushal

US100-CORRECTIVE RALLY BEGIN: It seems from the chart of US100, it has completed its A wave and the correction of A wave has begin. It would correct in the 3 corrective move of the B wave. It it goes below invalidation level before the corrective wave B then the counting will continue for down move. Regards

imkhushal Updated 

Subsequent to the earlier chart it was confirmed today that we are in 4th impulsive move downwards in BANKNIFTY. Now onwards it will move further for wave 1 of 5th of A wave. We are correcting in the ABC against the wave 1 which was ended near 41841. The wave A may end near 36957. Please like if you liked it. Regards