Decode the Essence (Tattva) behind price - Structure (Elliott Wave), Proportion (Fibonacci) & Momemtum (RSI) ▪︎ Not SEBI registered ▪︎ No buy/sell reco
Joined April 2022
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1,153 Photos and videos
Pinned Tweet
Jun 3
The truest and simplest rendition of R. N. Elliott’s works based on ‘#ElliottWave Principle: Key to Market Behavior’ by Frost and Pretcher.
Free pdf: drive.google.com/file/d/1P5i…
More such educational material at my free Telegram channel (link in bio).
#Nifty50
#StockMarketIndia
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#Nifty50
Short term basis, 23455 is the key level.
Breach below 23455 and larger correction continues.
If 23455 (and eventually 23131 in mid term) is defended, the probability of bullish move as quoted post increases.
#StockMarketIndia
#ElliottWave
Jun 13
#Nifty50
Adjusted wave counts of corrective B or 2.
WXYXZ looks complete with Z being a contracting triangle.
We may be moving up under C or 3.
Key levels:
• Invalidation: Below 23131.95
• Wave C: 24875-25350
• Wave 3 (alt): 25950-26720
#StockMarketIndia
#ElliottWave
148
#ONGC it is.
This #Nifty50 stock is poised to give 3X-4X returns in mid term.
A goldmine just waiting for the miners!
#StockMarketIndia
#ElliottWave
#TechnicalAnalysis
Jun 13
This giant on monthly TF is correcting under wave 2 of 3 and forming handle of the cup and handle pattern.
Soon it will start its flight under wave 3 of 3.
Can you guess the stock name?
To know the name, join my free telegram channel (link in bio).
#Nifty50
#StockMarketIndia
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Jai Shree Ram...
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naam satya hai @ 'Petrol vehicles'!
#WATCH | Nagpur, Maharashtra: Union Minister Nitin Gadkari says, “Last night at 8 PM, I signed the file, finalising the regulations to legally authorise the use of 100% ethanol. I am delighted to share that I, along with Hardeep Singh Puri, had the opportunity to launch the 100% ethanol-compatible version of the WagonR—Maruti Suzuki’s best-selling car. Regarding motorcycles, Hero MotoCorp—which accounts for three out of every five motorcycles sold—has launched two flex-fuel models capable of running on 100% ethanol. Following this, companies like Toyota, Suzuki, MG, and Hyundai will launch 100% ethanol-compatible vehicles within the next month and a half. Thus, ethanol will serve as a viable alternative to petrol. People used to laugh when I spoke of this dream, and some friends even criticised it...Soon, we will launch a pilot project in Nagpur featuring a hydrogen pump and two hydrogen-powered buses. The public will be able to ride these hydrogen buses, which will be powered by green hydrogen extracted from water using an electrolyser. That day is now near.”
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Jun 13
#CrudeOil #UKOil #BrentOil
The triangle subwaves need adjustment.
We may be still inside subwave C of triangle.
The triangle possibility remains valid till price is above end of wave A (i.e., above 81.16).
#Commodities
#StockMakretIndia
May 29
#CrudeOil
#BrentOil
CMP 91.15
Make or break moment now!
Something is about to happen!
Pic 1: Moving under wave E on daily TF.
Pic 2: On lower TF, 5 of C of E looks to be forming ending diagonal.
Invalidation below 86!
Target above 138.03!
#ElliottWave
#TechnicalAnalysis
194
Jun 13
This giant on monthly TF is correcting under wave 2 of 3 and forming handle of the cup and handle pattern.
Soon it will start its flight under wave 3 of 3.
Can you guess the stock name?
To know the name, join my free telegram channel (link in bio).
#Nifty50
#StockMarketIndia
1
319
Jun 13
Smaller degree wave counts got invalidated in #Nifty50 yesterday.
Post with switching one degree up and analysing there: x.com/i/status/2065638577258…
Jun 12
#Nifty50
Expanding type ending diagonal forming up with clear divergence with RSI.
• Fib and trendline resistance: 23435
• Wave count invalidation: Above 23516.75
• Wave 5target: Beyond end of wave 3 (i.e., below 23070.15)
#StockMarketIndia
#ElliottWave
#TechnicalAnalysis
148
Jun 13
#Nifty50
Adjusted wave counts of corrective B or 2.
WXYXZ looks complete with Z being a contracting triangle.
We may be moving up under C or 3.
Key levels:
• Invalidation: Below 23131.95
• Wave C: 24875-25350
• Wave 3 (alt): 25950-26720
#StockMarketIndia
#ElliottWave
Jun 8
#Nifty50
For the wave counts shown in pic, strong Fib support zones are around 23140-23110 and especially around 23030-23000.
A lot would depend on price action around this zone. Any reversal, if has to happen, must happen around these zones.
#StockMarketIndia
#ElliottWave
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375
Jun 12
Govt doesn't care about your vehicle not performing well due to ethanol mixed petrol and if it's hurting your pockets or not.
Stop wasting your energy and time in complaining.
Use them to find ways to earn more money because that is the ONLY solution to all the problems.
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Jun 12
#Nifty50
Expanding type ending diagonal forming up with clear divergence with RSI.
• Fib and trendline resistance: 23435
• Wave count invalidation: Above 23516.75
• Wave 5target: Beyond end of wave 3 (i.e., below 23070.15)
#StockMarketIndia
#ElliottWave
#TechnicalAnalysis
Jun 8
#Nifty50
For the wave counts shown in pic, strong Fib support zones are around 23140-23110 and especially around 23030-23000.
A lot would depend on price action around this zone. Any reversal, if has to happen, must happen around these zones.
#StockMarketIndia
#ElliottWave
2
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618
Jun 8
#Nifty50
For the wave counts shown in pic, strong Fib support zones are around 23140-23110 and especially around 23030-23000.
A lot would depend on price action around this zone. Any reversal, if has to happen, must happen around these zones.
#StockMarketIndia
#ElliottWave
Jun 6
#Nifty50
Carnage in US markets!
Smaller degree wave counts may need adjustment (see pic) and one higher degree wave counts (x.com/i/status/2056333157851…) come in picture, with invalidation below 22182.
Bulls need not worry!
#StockMarketIndia
#TechnicalAnalysis
#ElliottWave
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993
Jun 7
#HindCopper
Alternate wave counts in this post.
It may be in purple 4 or 5 of green 3 of blue 5 of red 3.
With invalidation below 365, one can look to hold for new ATH.
Follow main view or alt view, based on your entry & risk appetite.
#StockMarketIndia
#ElliottWave
#Nifty50
Jun 7
#HindCopper
Hope you captured 238 to 760 move from my March '25 post: x.com/i/status/1926277401635…
Just like #NiftyMetal index, Hindustan Copper had an extend purple 5th under green 5th of blue 3rd.
Cautions! Extended 5th are prone to deep retracements.
#StockMarketIndia
#Nifty50
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1,250
Jun 7
#CrudeOil
This is what I have been posting about since April: x.com/i/status/2049473787939…
As per #ElliottWave principles, triangle is a continuation patternsl and this is supposed to breakout in the same direction preceding the formation of it.
Things are going to get ugly soon!
CRUDE OIL
Sunday Brainstorming :
1. which classical pattern is This ?
2. which side has a higher probability of Breaking ?
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Jun 7
#HindCopper
Hope you captured 238 to 760 move from my March '25 post: x.com/i/status/1926277401635…
Just like #NiftyMetal index, Hindustan Copper had an extend purple 5th under green 5th of blue 3rd.
Cautions! Extended 5th are prone to deep retracements.
#StockMarketIndia
#Nifty50
Jun 6
#CNXMetal
#NiftyMetal index has probably completed larger red i, having extended green 5th with extended purple 5th.
#ElliottWave principles state that after extended 5th (blue), price corrects towards subwave 2 (green) of extended 5th (blue).
God bless metal bulls!
#Nifty50
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9
2,447
Jun 6
#NiftyIT
Had warned about upcoming correction in #CNXIT in Aug '24 (price: 40800) and targets of around 28850 in Mar '25 (price: 36310).
CMP now is 29010 and is around imp Fib supports.
Buying IT stocks at dips can give good returns.
#StockMarketIndia
#Nifty50
#ElliottWave
12 Mar 2025
#NiftyIT
CMP 36310
▪︎ Then and Now
▪︎ Predicted in August 2024 about the correction in IT index under larger degree gray wave 4 and to reach the range of below 36000
▪︎ So far it has reached the low of 35828 since the end of gray 3rd
▪︎ It is about to reach good support of 35450-35220 (23.6% Fib), which if broken can rsult in possible correction till 28850 (38.2% Fib)
Trade wisely! Trade safe! Trade better!
Legal disclaimer: For educational purpose only, not a buy/sell/trade recommendation
#Nifty50 #BankNifty #GiftNifty
#StockMarketIndia
#TechnicalAnalysis #ElliottWave
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553
Jun 6
#NiftyOilGas
#CNXOilGas index is moving either under purple B or C of green 4th.
Short/Mid term pain is expected under purple C, before green 5th takes it to new highs.
#StockMarketIndia
#Nifty50
#ElliottWave
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162
Jun 6
#NiftyEnergy
#CNXEnergy index is moving under purple 3 of green 5.
With invalidation below 36938, it looks well poised to go beyond 45022, ideally towards 48850.
Good opportunity for mid term investors.
#StockMarketIndia
#Nifty50
#ElliottWave
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158
Jun 6
#NiftyPharma
#CNXPharma probably completed green B of blue 4 of red 3. After blue 4th, this sector may provide good opportunity for mid/long term.
If it moves beyond 26900 before going below 23150, it may be already in blue 5th.
#Nifty50
#StockMarketIndia
#ElliottWave
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701
Jun 6
#NiftyHealthcare
#CNXHealthcare is moving into purple C of green 4th, same as Pharma index and may go down toward 13450-13300 or even below.
If it moves beyond 16700 before going below 15000, it may be already trading into green 5th.
#StockMarketIndia
#Nifty50
#ElliottWave
174
Jun 6
#NiftyAuto
#CNXAuto seems to be trading inside purple 4th of green 3rd.
Auto sector may keep consolidating within narrow range for quite some time and may frustrate investors for considerable amount of time.
#Nifty50
#StockMarketIndia
#ElliottWave
3
290
Jun 6
#NiftyFMCG
#CNXFMCG index seems to have completed purple 4th of green 3rd.
FMCG sector may provide good opportunities for mid/long term investors.
#Nifty50
#StockMarketIndia
#ElliottWave
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