Divislab - Elliott wave analysis - 5th wave upIt is in 5th of 5th wave and bullish above 4757.25. The target zone is between 5093-5358.
Niftystocks
Adanient - Elliott wave analysis - forming triangleIt is moving in triangle and wave E is in progress as the part of B wave in ABC down until price stays below 1563. Need to wait for confirmation of bearish sequence before taking any trade.
NiftyMidcap50 - Elliott wave analysis - ABC correctionIt is in correction after completed ending diagonal and break down below the up trending channel. So it is expected to form ABC correction with invalidation level below 7823. If the current bounce of B wave will be sideways choppy, then there is a possibility of next C wave will go down further.
Bajajfinsv - Elliott wave analysis - probably topping outMinor high will probably end the bullish cycle as 5th of 5th wave and start correcting down - Will say choppy to bearish below 13870, until then it can always extend higher
Adanient - Elliott wave analysis - ABC correction It looks like forming triangle in B wave and will continue C wave down soon after breaking below 1407 level. The 1563 is the level of invalidation. and target will be between 1090-1000.
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Nifty - Elliott wave analysis - buy or sell ? what's next
It is in correction after finishing the shorter cycle, so from current level, it should start correction up to 16100 or lower level. There is always a possibility of further extension, but buying at current level is too risky. So stay hedged between both buy and sell set up to be risk free.
Infy - Elliott wave analysis - impulse 5th upIt looks like about to finish the 3rd of 5th wave and will correct in 4th subwave. The sidways three wave correction can be buy for final move higher as 5th of 5th wave.
Bajajfinsv - Elliott wave analysis - Impulse 5th wave It is in 5th of 5th of 5th wave started from the 13855 and can go up to 15500 level before it correct the whole move started last year. As long as it stays above mentioned level, it is bullish, but if it breaks below that level, then it may become bearish and can fall sharply.
Bajajfinsv - Elliott wave analysis - Impulse 5th wave Bajajfinsv is in strong uptrend and will continue it for more upside as it is about to finish the internal degree of 5th wave and will go up to 15500 level in current cycle.
Asianpaint - Elliott wave analysis - ABC correction Asianpaint is in B wave correction followed by A wave fall and will go more downside once it finished. There is a possibility of more sideways price action before it start C wave down.
Adaniports - Elliott wave analysis - B of ABC correctionAdaniport is in sideways complex B wave correction and can go up to 780 level before it will end it and start the C wave down. B wave can alternatively form triangle too if price fail to go above wave a of B wave.
Adanient - Elliott wave analysis - ABC correction Adanient is in sideways complex B wave correction and can go up to 1600-1635 zone before it will end it and start moving down for C leg. Above trend channel of abc move (last leg) it can go up to mentioned level of even slight higher. If it failed to go above W wave high of B, then there is a possibility of triangle as B wave.
Ultracemco - Elliott wave analysis - 3rd of 5th waveIt 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.
TataSteel - Elliott wave analysis - 5th of 5th wave 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.
Reliance - Elliott wave analysis - C of ABC flat pattern 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.
IOC - Elliott wave analysis - ABC zigzag bearish sequence 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.
Divislab - Elliott wave analysis - 5th wave impulse 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.
Hindalco - Elliott wave analysis - 5th waveIt 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.
Bajajfinserv - Elliott wave analysis - 5th of 5th wave 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.
Nifty50 - Elliott wave analysis - 5th waveIt 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.
L&T Finance Holding | Don't try to buy the Stock now!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 was a resistance area. I think the next stop of the price would be 86.00, which is a good support area and that could be the area where we could expect some buys. So until the price reaches that area, don't try to buy the stock.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
TataSteel - Elliott wave analysis - 5th of 5th waveIt is in 5th of 5th wave is moving higher towards 1375 target zone.
JSWSTEEL - Elliott wave analysis - ABC flat correctionIt is forming ABC flat pattern, where B wave is progressing as wxy and expecting more upside before it turning down for C wave.
