Mentorship

BHARATFORG Is Approaching a Rare Elliott Wave & Time Cycle Confluence. Are You Ready?

bharatforg elliott wave price action time cycle Jul 17, 2026
bharat-forge-elliott-wave-time-cycle-analysis

When we combine Elliott Wave Theory with simple price action, and Time cycle it becomes one of the most powerful trading approaches.

The biggest mistake new traders make is chasing every swing.  Smart traders patiently ride the market's strongest impulsive waves.

BHARATFORG Ltd Daily chart with Elliott wave and 35 Period Time cycle

Elliott Wave acts as the market's navigation system, helping traders understand trend direction and maturity. When confirmed by price action, it often leads to high-probability trades. Combine this with Time cycle you have a strong powerful setup which can help traders to identify potential reversal time and direction.

Elliott Wave Indicates the Trend Is Still Intact

  • Elliott Wave analysis helps assess the maturity and direction of the ongoing trend.
  • Bharat Forge’s current price structure remains well aligned with the Elliott Wave count.
  • The broader bullish trend continues to remain intact.

35 Period Time cycle

  • Combining Elliott wave with Time cycle can give us high conviction and confirmation in our trades.
  • Here it can be observed that prices are currently trading within the 35 Period Time cycle zone of 10th July 2026 – 17th July 2026
  • Prices are expected to form a short-term low near the same.
  • Any break above the prior swing high can turn the cycle on the buy side.

Wave (4) Completion Signals the Start of Wave (5)

  • Wave (3) was completed in March 2026, followed by a healthy correction.
  • The stock formed Wave (4) during April 2026.
  • Post which the rise is ongoing in the form of wave (5).

Conclusion

  • Elliott Wave structure, price action, and the Time cycle are all pointing in the same direction.
  • The stock appears to have entered Wave (5). A sustained breakout above 2180 may pave the way for a move towards prior all-time high-level of 2238 levels.
  • Traders should monitor price behaviour around the breakout and support levels for confirmation before initiating fresh positions.

 

Brahmastra Mentorship – Learn the Science of Timing the Market

Master the practical application of Elliott Wave, Neo Wave, Time Cycles, market timing, stock selection, risk management, and professional trading strategies through our comprehensive three-month Brahmastra Mentorship Program.

The next batch begins in July 2026, and seats are limited.

Fill in the form below to receive complete program details.