It is in 3rd of 5th wave up and expected to continue uptrend above 8200 level in current sequence. Any sideways corrective move can be used as buying opportunity in 30 min time frame.
It is in 5th of 5th wave with high degree of slope and therefore expecting it to continue go higher up to 1580 as target zone in current cycle.
It is already in 3rd of C wave down as the part of flat correction, where 2nd subwave is in progress and expecting small bounce before it resume the further downside. It should remain below 2134 to confirm the count in current corrective bounce. But if it crosses above 2134, then it can form expanded flat 2nd subwave of C.
it is choppy in 2 hr time frame and drop was impulse wave A, so expecting a bounce of B wave up to 110 before it go down further as C wave as ABC zigzag down.
It is in 3rd of 5th wave and expected minor high before it correcting in 4th subwave. It is expected to move higher again once the correction will over as far as it holds the trend channel.
It is in 5th wave and expected to go for one more high after a three wave corrective pull back of internal degree. The target zone will be above 500 level.
It is correcting 4th subwave of 5th of 5th wave and will be expected as flat or triangle correction before it finally give one more high towards the target zone of 15490.
It started 5th of 5th wave up since the low of 15513 and will continue move higher as the part of impulse sequence started from March, 2020 low. The expected target zone is 16300-400 in current cycle in 1 hr time frame.
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of L&T Finance Holdings, we've been seeing the price drop from past few weeks. I think the price gonna drop further down because it didn't find a demand area yet. Last day, after a slight pull back, the price got rejected from 88.35, which...
It is in 5th of 5th wave is moving higher towards 1375 target zone.
It is forming ABC flat pattern, where B wave is progressing as wxy and expecting more upside before it turning down for C wave.
It is in sideways complex correction as WXY in progress. Until price remains below 405.75, it is considered to be bearish and can go more downside, but if price crosses above 406, then X wave will continue moving higher.
it is in C of Y wave bearish as double zigzag cycle until price remains below 2952.
It is in impulse drop as wave A from last swing high as five wave sequence finished. It is in 5th subwave of A wave drop and can go slight more downside before bouncing in B wave as ABC zigzag bearish cycle. It may form double top pattern.
It is in 4th of 5th of 5th wave and form small corrective price action before it go for new high towards 1670 level.
It is in sideways flat correction, where C wave is in progress. The 2nd subwave is bouncing and go higher before it starts 3rd subwave down towards 900 level. The 1053 level is invalidation level for the set up.
It seems like the 5th wave ending diagonal is finished or may take little time to finish. It will go bearish below 1461 level and expected to go up to 1350-1250 zone.
It is in 3rd of 5th of 5th wave and above 12302, it is remain bullish for target zone aove 13580 or higher level. But once it break the uptrending channel and fall below 12302, it is turning choppy to bearish for correction.