The idea is based on the Elliott Wave Theory. The current price seems to be corrective in structure which suggests another wave Y could unfold driving prices to the previous levels or lower.
The stock seems to have completed a 5 wave structure (expanded) and could start its correction phase ahead. The idea is based on the Elliott Wave Theory.
HDFCBANK - Elliott Wave Theory. The price seemed to have made a corrective pattern which suggests another bearish wave. Invalid level remains at the previous high.
The idea is based on the Elliott Wave Theory. Nifty has made 5 waves down (Impulse 1), and could start moving downwards again after a small correction (50-60%). Long Term View:
The idea is based on the Elliott Wave Theory. The current upward momentum is very low and the price is moving in a corrective structure. A downward move is likely from the current resistance zone (or a possible likely scenario with 61.8 fib correction). A move over 18480 invalidates this idea.
BPCL - Elliott Wave View. Pattern suggests a triangle formation, which means a bullish scenario is likely from this level. A move below 300 would be an invalidation to this idea.
MRF - Daily Chart based on the Elliott Wave Theory. As long as the triangle stands valid, the price should correct more downwards. Correction could make further extensions if the next resistance level is broken.
The idea is based on the Elliott Wave Theory. The price is still correcting and will extend to 100% of wave X to 595. Below that level, further extension could be towards 450-470.
RELIANCE. Correction cycle towards 1900 level. Below 1850, could extend towards 1650 level. The stock is forming a WXY corrective pattern. The analysis is based on the Elliott Wave Theory.
Investor POV: KING is Ready to Roar !! Mota Bhai getting ready for Bulls Party New ATH + more upside possible.... 3200 is just a number
This stock just break from the trendline in the 1hr timeframe Disclaimer: this is not a call. it is only for educational purpose.
Disclaimer: My charts reflect my own analysis and opinions which could be wrong; do not take anything here as investment advice because it is not. I've been watching the Nifty and Sensex indices for a while, noticing their absolutely insane. Since 2004 the Nifty has run over 1200%. Even in the best scenarios, these moves eventually come to an end and have to...
NSE:IEX Every thing is mentioned in the chart start buying it from current levels upto rs60 and trust me this will be best investment for life.
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
US Stock Index vs India Stock Index - Since Covid Low (Mar 2020)
this stock has failed in the channel pattern recently, so if it break this both channel & trendline than buying above 1000 level , it is high probability tade.
Looks Strong HUDCO is a unique institution with its motto of "Profitability with Social Justice". A Public Sector Company, under the Ministry of Housing and Urban ... Only for educational purpose.
Tata chemicals has seen a breakout of reverse head and shoulder pattern at the price of 1250 and successfully retested it on daily charts, now a new swing is created and its first target area at 1450 with the stoploss of 1180. Trail the stoploss after 1400 towards second Target of 16000. Stock is above of all the important exponential moving averages.