This is the Monthly chart to understand the biggest picture for Swing positions. This is a Potential Weekly Demand which has the power to turn around the game in the buyers side. Now in order to reach this Demand Price needs to reach some Supply and then retrace down into this Weekly Demand. Further down in Daily chart we see there is a "Violated...
We have a Fresh Weekly Demand and a Fresh Weekly Supply areas formed, Now Price has just reacted to the Weekly Demand and post a Confirmation in lower timeframes in the Upward direction(In the direction of the Trend), we will buy with a defined risk. We see that the previous High is violated and a potential 4H Demand has formed, now there are two...
We have a 4 Hour Loop in Upward direction, We have a 4H Source Demand and a Fresh 4H Supply formed as Destination Supply giving us the Demand Supply Equilibrium Curve as follows. After reacting to the Source Demand Price has started respecting Demands and violating Supply areas. hence this is a New Position with an Amazing reward to Risk ratio.
We have the Source and Destination of the Uptrend in Daily chart, Currently Price has been respecting the Supply areas and the Price is also closing below the EMA which still signifies Selling Pressure, Here we have a Swing Buy Trade with a Reward of 4 against 1.
Price has completed an Upward 5 Wave Sequence structure (Wave 1) and a 3 Wave downward Correction structure (Wave 2), now we have the Wave 3 coming up which is the Wave to surf!!! We see that Wave 2 has retraced Wave 1 by 61.180% and that is the rule for retracement of Wave 2 as per the Elliott Wave Theory. Wave 3 as per Fibonacci Extension levels...
We see that Price has completed its Waves 1 and 2 and currently we have Wave 3 onn, we can consider this to be one of the strongest moves this stock is experiencing right at the moment. We see the Fibonacci Extension levels, now we have the next level 261.80% of Wave 1 which is Rs. 1209.90, this is the level to which Price will come. Currently Price...
There is a very strong and a capable demand formed, as per the Weekly chart and in order to reach this Weekly Demand Price has to come down, hence considering the Weekly Supply as a Source for the Temporary downtrend, we have Price reacting to the Weekly Supply Price has closed below the Moving average which confirms selling pressure risen and we have a...
We have this Source Demand formed @ Rs. 6381.45 in Quarterly and we also have a Strong Supply formed @ Rs. 7750.00. Price has to come into the Demand hence it needs to travel downward, after reaching the Source Demand "if the source demand has the power to reverse the Trend till opposite fresh Supply price will first show a buying momentum building in the...
According tenth Elliott Wave Theory Price forms a 5 Wave Sequence structure before the major Correction, here we see that we have Wave 1, 2, 3(strongest upmove), Wave 4(correction), are complete. Currently Price has formed a Quarterly Demand which has its LegOut closed above the EMa which indicates a Strong Buying and Price hasn't violated any Supply which...
Wave 1 and 2 complete Wave 2 has retraced Wave 1 by more than 80% and less than 100% which suffices the Wave 2 retracement rule by Elliott Wave Theory. Wave 3 extends a minimum of 161.80% 0f the Wave 1 hence Target derived for the Wave 3. This is the Wave i.e. Wave 3 which every trades aspires to get in as this is the Wave where the profits are...
Monthly Demand is formed and Price in lower timeframe has retraced into the Demand, This Daily Demand has coincided into the Monthly Demand hence a valid Trade with defined risk.
Price has reacted to the Sourcre Daily Demand and has headed towards its Destination of Daily Supply. This is the Demand and Supply Equilibrium Curve showing us the levels As Traders we gotta Buy low and sell high This is a Buy Trade with a substantial Reward to Risk Ratio.
Wave 1 is a 5 Wave Impulse Sequence Structure in 6 Month chart, and Wave 2 is a 3 Wave Correction structure. Wave 2 has retraced Wave 1 by 61.80% which suffices by the Elliot Wave Theory Correction rules. Now Wave 3 is on and as per the Elliott Wave Theory and Fibo Extension Levels 161.80% is the minimum Wave 3 achieves, hence projection is Rs. 7793.20.
Whenever the Price deviates up from the Moving Average, Price either falls to the EMA or the EMA moves up top the Price, We here see a Fresh Weekly Demand formed which has exceeded the opposite Supply hence a Valid Demand. Price has formed a Daily Supply which has exceeded its opposite Demand hence a Valid Source for a Downtrend, This is the Supply...
Price has moved away from the EMA, whenever we have a scenario as such Price retraces to the latest Fresh Demand and we have a Monthly Fresh Demand formed. We have a Daily Demand exceeded by a Daily Supply hence expecting this Fresh Supply to be the Source of the Downtrend till the Monthly Demand Amazing Short position can be encashed after a...
Price has completed Wave 1 and Wave 2 also, Wave 2 has retraced Wave 1 by less than 100 % which suffices the retracement rule of Wave 2 as per the Elliott Wave Theory, As per Elliott Wave Theory Wave 3 extends by 161.80% of Wave 1 accordingly the Upward projection for this stock is 206.40 measured as per Fibo Extension. Currently Price has formed a...
As per the Annual chart, Wave 1 is a 3 Wave Sequence structure, Wave 2 has retraced Wave 1 by less than 100% which suffices the Rule of the Wave 2, Now Wave 3 is forming now according to the fibonacci extension levels Wave 3 extends to 161.80% of the Wave 1 that way the Target for IOB is 367.20
Monthly Fresh Source Supply and Destination Demand is formed. Areas to buy and sell on the Equilibrium Curve. Price has started making Lower lows in the Daily chart hence a Short Trade from the Fresh Daily Supply formed.