NASDAQ Bank's market behavior is currently unfolding within the context of a cyclic wave pattern, specifically in its fourth wave. This cyclic wave pattern is a representation of the bank's price movements over time, and it is comprised of various phases that can be broken down for analysis. Starting from its inception, the bank's journey has been marked by...
HDFC BANK IS BEARISH TILL 1574. Pls see the chart marking the bank may show the level of 1575 for completing the structure ABC. Generally C is equal to A in elliott wave theory. Regards
Bearish Trend in 1 Hour Time Frame: The Bank Nifty is showing a downward or bearish trend in the 1-hour time frame. Impulse Wave (A) : The market went through a series of five price moves: i, ii, iii, iv, v. This is a typical pattern of an impulse wave, where prices move strongly in the direction of the main trend. Correction Phase (B) : After the strong...
Pls watch out for the leble marked on the chart. This looks that 1-2-3 of (1) has been completed and may complete the 1 near 45133. Then a bounce back for wave (2) may come. Finger crossed for now...!
Based on the analysis, it appears that Tesla's stock price has gone through a specific pattern known as the Elliott Wave Theory (i,ii,iii, and iv looking to be completed. This theory suggests that markets move in predictable patterns consisting of five waves in the direction of the main trend and three waves against the trend. In this case, you're indicating that...
Finnifty-Offering the sell Chart pattern shows that finnifty will expire in bearish mode. 20200 will be a support for the day.
Zee entertainment Ltd, if the fundamentals are good then this stock is near its bottom. This is not a trade/investment recommendation, pls ask your fin. adv. for any buy/sell activity. Regards
Head and Shoulders Pattern: This is a popular chart pattern in technical analysis that can indicate a potential trend reversal. It consists of three peaks: a higher peak (head) between two lower peaks (shoulders). It suggests that the stock's price might change direction from an upward trend to a downward one. Left Shoulder, Head, and Right Shoulder: These refer...
Elliott Wave Theory , which is a technical analysis approach used to analyze and forecast financial market trends. The text seems to be describing the potential Elliott Wave pattern of Tesla's stock price movement. AT the low of $101.86 Tesla has formed its bottom, which is higher degree wave II . This means that at a price level of 101.86, Tesla's stock...
DIXON TECHNOLOGY Dixon Technology Impulsive Movement: Dixon Technology has started an "impulsive movement upside," indicating that the stock's price has been rising in a strong and decisive manner. Bottoming Out Near 2553: The stock reached a low point near 2553 on January 30, 2023. This low is referred to as the "bottoming out" point. Intermediate Wave (2)...
Recently, Banknifty experienced a breakout from this downward channel. A breakout occurs when the price moves outside the boundaries of the channel, indicating a potential change in the trend. In this case, the breakout happened when the price rose above the upper resistance trendline of the channel. The breakout occurred at a specific level, which was 44754....
BOROSIL RENEWABLES LTD. It is being observed that BOROSIL RENEWABLES LTD has shown good correction over the period of 1 year i.e., Apr 22 to Mar 2023. Now it looks like it may bounce back for its 3rd wave of impulse. Please add my analysis to yours for better results. Thank you.
Bank nifty looking in the final wave of its impulsive move from the low of 38613.15 dated 16.03.2023. The waves and the sub-waves have been marked in the chart please read them and you can use this chart for further analysis. Thank you.
BANKNIFTY Structure Looks Bearish for a while. In 15 min chart my observation is marked on the chart. it may help you in your analysis. This is not a buy or sell reco. regards
Hey Guys Just come to know that ADF has completed its 4th wave correction. Will go in 3rd wave of 5th wave. Invalidation is smaller degree (c) (the recent low.) Otherwise it might move further.... Regards
Hey Huys , I really sorry could not update the chart as moved to my hometown for few days. Banknifty is nowadays is very volatile compared to NIFTY50. I have marked the new labels of Elliott wave . You can take reference in your own analysis. In my view the 5th is still pending. The chart is also making a rounding top that too is point of consideration. Thank...
Please go through the chart of NDTV where in we can see the structure that is looking like an impulse. In minor wave it is in 4th wave 5th wave may go up to 273. Note it. This is not a trade reco. Regards.
According to the DIXON Technology chart, it appears that the 5 waves of the 1 upside have been fully completed. Both the (a) and (b) waves have concluded in a downward direction, while the (c) wave is currently continuing its downward progression. There is hope that it will find support near the 61.8% retracement level, approximately at 2766, and subsequently...