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tradersmantra

The Global Education chart looks so good when it is making a triangle pattern. The five waves such as the abcde of the triangle are complete and it is directed upward. The move from here is near about 50%. Play with your risk and you will earn good money on your capital. Thanks

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On a monthly chart, wave 1 and 2 are complete and we are in the third wave. In 3rd wave, the 1st wave is about to be over. If it will retrace a good level (61% of wave 1, inner 4th wave of wave 1), then a nice bull run is expected. Short-term analysis - You can short it at some good level while managing risk. Long-term analysis - If wave 2 confirmation is good,...

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The move from 17348 is corrective. There is no way an elliottician calls it an impulse move going on. So, the move should be correct 100% to justify it as a corrective move. There are a few corrective moves that don't retrace fully, eg. the legs of a triangle. But this move seems like it should correct 100% soon. A good elliottician is not the one who always...

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Ambuja cement is going to fall near about 17% and the stop loss is near to 1% only. Best time to get the maximum reward. These types of moves generally come to notice with the ELLIOTT WAVE THEORY, as in this case: Ambuja cement from its high made wave A sharp and wave B triangle. Wave C is about to come, and if we see wave C near about equal to wave A, the...

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No matter how deep the correction Nifty will face, the bottom of 15200 is the specific bottom and the uptrend of the Nifty is started. As per Elliott wave analysis, it hardly can reach 16500. After 15200, wave 1 to the upside is done, and wave 2 is in progress. There will be a time to long Nifty. And the time will be the time-changing moment. As the one who...

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USDINR is going to be a history at this current price where it is standing. People (traders and investors) are going to remember this price 81 for a very long time. I am an Elliottician and I will upload the counts of this chart. Right now, all I can say is that this chart is going to make a big reversal. The psychology of money is telling that something big is...

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#Nifty50 is very near to its bottom. As per my previous analysis, I was expecting the Nifty to come at least 15400, but the bottom will be confirmed when an impulse rally will be made with regards to Elliott wave. The move after the low I mentioned is the (w)(x)(y) move as a whole. The c of Y is already made or it can go to a little high more, but the Nifty is...

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Elliott wave theory is itself is a complete technical analysis which shows the naked price action. In the Indian Bank chart, the triangle is forming. As we discussed in our previous analysis (attached in link to related ideas), the triangle can burst in any direction. Only two possibilities occur in Indian Bank, 1. If an Indian Bank crosses 162, it can go to...

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#Nifty is folding exactly what we discussed in our previous analysis attached below. Our organisation Traders Mantra predicted that Nifty should breach the last low of 15671 on the daily timeframe. The idea behind the analysis was that the move to the upside from 15671 to 18114 Nifty was purely corrective. It was not an impulse. Now, what's ahead? The...

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#Bitcoin as per #Elliottwave analysis is ready for 200% upside move. Bitcoin has completed its complex correction where W is equal to Y. As per Elliot wave analysis, Bitcoin has completed its 4th wave correction. The last leg 5th wave is pending. The upcoming move should be a minimum 200%. Let's see what Bitcoin will bring with it. Happy Trading!

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Triangles seem very easy to trade but act differently when it comes to trading. #Elliottwaves have a very important, genuine, consolidated and beautiful pattern that is #triangle correction. The structure of the triangle is 3,3,3,3,3. It means the triangle has 5 waves in it and each wave is sub-divided into 3 waves which we call (a,b,c,d,e). After 5 waves the...

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Doge coin as per elliott wave thoery will possibily going to make a 1000% move to the upside. The fifth wave is pending. The full impulse of Doge coin is pending. But where are we? We are in the 4th correction which is making wxy pattern. Y will be equal to W*1.238 at 0.05477120. Trade with your defined risk. The trade psychology is more important to play...

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Elliott wave count in S&P 500 is more like the 4th of 3rd wave is making a trinagle. Two imoulses on upside i.e. 5th of 3rd and 5th move itself are pending. Elliott wave forecast the possibility and the good Ellittiocian is the one who see the pattern with the maximum of possibility.

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Dow jones is making an impulse in 1 hour timeframe. Wave 1 is 5 wave move, wave 2 is a deep correction and after 1.382 extension of wave 3 to the relation of wave 1, wave 4 is making a barrier triangle. Wave 5 is pending which can be equal to wave 1.

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Bank Nifty is making a very good structure with Elliott wave counts. As per the Elliott wave principle, Bank Nifty is about to complete its 4th wave correction i.e. Flat. . This 5 wave move, the C of Flat will be the Ending Diagonal. Bank Nifty can possibly drag below up to 30536. After that, the good impulsive rally of the 5th Wave can be seen by the viewers...

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NIFTY has been very supportive of the Elliott wave analysis. #Nifty 50 is the main index for the Indian markets. With the weightage of the most valuable stocks like Reliance, HDFC Bank, TSC, INFY and many more, the mass psychology of the index becomes much smoother than other stocks and indices. Let's see how the Elliott wave reacted to the Nifty as you can...

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#HDFC forms a triangle as there are 5 corrective waves in a triangle of the Elliott wave pattern. But playing a triangle is not as easy as it seems. A triangle can break at any side, i.e. 1. The full move can be a triangle 3,3,3,3,3 2. The full move is ABC in which B can be a triangle. How to trade this triangle? We can make a short position in HDFC from...

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# Nifty50 had made WXYXXZ pattern from 19th OCTOBER 2021. The last 5th wave is about to happen within a week or two. The minimum Z expected is 15400 and maximum possibility is 14200. Get set ready for last rally for a year soon. Thanks Traders Mantra