ADANI TOTAL GAS IN 5th wave on Daily chart . after making contracting triangle in wave 4 now its moving for wave 5th
NIFTY AND BANKNIFTY LIVE TRADING O9 FEB
TRIPPLE CORRECTION : ELLIOTT WAVE THEORY (ELLIOTT BABA) Double Correction - Basic formation ABC - Wave X can correct ABC to 82% but some time extended till 127-138% - Idley wave Y must end at parallel line of O-X trendline - O-X trendline must be retraced in half time of wave Y
Volume Diversion : Elliott Wave Theory ( Elliott Baba)
Volume Observation In Impulse Wave : Elliott Wave Theory
Volume Observation In Impulse Wave : Elliott Wave Theory (Elliott Baba)
Pattern Confirmation Triangle pattern : Elliott wave Theory Convert it on 5 mnt chart and you will get full example
Nifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA Nifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA This prediction is for the Nifty Index and it's based on a technical analysis of the market. I'll also be providing an option trading setup for beginners so that...
A corrective 3 waves move labelled as ABC • Subdivision of wave A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three • Wave B of the 3-3-5 pattern terminates beyond the starting level of wave A • Wave C ends...
Wa have marked the alternate count of nifty which is showing the hidden impulse . which may last till 22700 mark .
Pattern Confirmation : Elliott wave Theory (Elliott Baba) 1 - Break 2-4 Trendline : To identify whether wave 5 has been completed or not . One should have draw a 2-4 trend line and check below condition . 1- Draw a 2-4 trendline 2- Calculate the total time of formation of wave 5 3- Now if wave A will break 2-4 trendline in less time then formation of...
RULE OF ALTERNATION: 1- Price 2- Time 3 - Severity 4-Intricacy Alternation 5- Construction Alternation Time Alternation : If wave 2 Take less time in formation then wave 4 will take more time as compared to Wave 2 and VICA-VERSA Severity Alternation ): If wave 2 will dipper then wave 4 will shallow and VICA VERSA Intricacy...
The expanding triangle, as its name suggests, is a triangle, but it differs from the other 3 types of triangle patterns which we covered in the previous chapter. All triangle patterns consist of 2 lines, but in the previous 3 triangles (symmetrical, ascending, descending), the lines were converging, whereas for the expanding triangle, the lines are diverging.
Ending diagonals consist of 5 waves, labeled 1-2-3-4-5. Each wave subdivides into threes. Waves 1 and 4 overlap in price. Wave 3 can not be the shortest among waves 1, 3 and 5. Wave 1 is usually the longest, but not necessarily. Wave 5 of an impulse and wave C of an A-B-C correction are the places, where you should be looking for an ending diagonal. Since it is...