HDFC Ltd EWT Analysis HDFC is Large-cap stock Wave (1) beginning from 1482 to 1950 Wave (2) Retrace 0.786% (1630) and not break starting point of wave one. Wave (3) Wave third is the longest wave it starting point of the ending point of wave (2) from 1630 to 2896 which is 2.618% Fibonacci extension and internal structure is 12345 waves. Wave (4) wave (4)...
Wipro Elliott wave Daily chart Analysis Wipro price is an uptrend from the pandemic significant low 160 to 730 in the channel and has completed 5th waves of daily waves and 3rd wave of weekly waves. At present time price has completed flat correction of daily wave 5, denoted ABC Wave A beginning 730 to 604 Wave B is ended near the starting point of wave A up to...
Zigzag Correction Rules and guideline * Zigzags subdivides into three waves. ABC * Wave A is always an impulse or a diagonal. * Wave B is shorter than wave A, any type of corrective pattern or Wave B = 50%, 61.8%, 76.4% or 85.4% of wave A. * Wave C is longer than wave B, it is always an impulse or a diagonal or Wave C = 61.8%, 100%,...
Opportunity to invest in Biocon Stocks 200 SMA act as a resistance level last year Feb 2021 to 2022 and Breakout of 200 SMA on 01.02.22 and retest on dated 24.02.22 ready for movement on the upside we can invest in this stock with minimum risk. stop-loss maintain below 200 SMA Long Term Chart Weekly and monthly are strong.
The Classical example of understanding waves is two impulse waves shown in this chart with fib projection. It is Reliance Chart 15 min time frames.
There Are Three Type of Flat Correction 1. Regular Flat 2. Irregular / Expanded Flat 3. Running Flat We observe or discuss here two Types of Flats A) Irregular / Expended Flat B) Running Flat Rules and Guidelines of Flat Corrections * Corrective A Waves labeled as ABC * ...
PNB bank for short time TP 42, 44 and 48 .............................................................................................................................................
Bank of Baroda trend intact on the higher degree it trades present time in Expended Diagonal, 1. The price had traveled 36-100. May 2020 to Feb 2021. The First cycle had completed in 5-3-5 . 2. The Second Cycle in progress it is 5-3-5-3 complete and the fifth wave is incomplete it may be five structures on a lower degree 3. Price maybe travels as 1.27%...
DAAWAT: 1. It is known as another name L.T. Food it Trades above 200 SMA, 4th corrective structure in higher degree and it's completed Triple Zigzag Formation. 2. It in-Progress for the 5th wave we try to understand the internal structure of the wave in the lower degree and observe II wave corrective structure in Triangle formation abcde. we may be anticipated...
Divis Laboratory Long Term Chart Analysis ..................................................................................................................................................................................................................................
Banknifty trading in Ending Diagonal in the internal structure
HGS Stocks Breakout after 3months Consolidation in Rectangle Channel and pull back we can buy positionally with minimum risk (RR favorable) stock have trade in high movement area and RSI 60 Support. Before investment please guide your finance adviser this is only education purpose.
internal structure at support line .................................................................................................................................................................
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Bajaj Finance:-The Best Example of the understanding complex corrective structure of the Zigzag pattern which appears in Elliott 4th corrective wave (Elliott Triple Combo wave WXYXZ).
Deepk Nintrite make a head and shoulder pattern on the daily chart only for educational purpose.
Nifty 50 Index Harmonic Pattern activated today price sustain and close above 'B' point Harmonic 'D' point or PRZ area 17500-17600.