Nifty has been moving precisely as expected based on advanced Technical analysis concepts like Elliott wave – Neo wave and Time cycles. Look at the below chart that shows Neo wave counts (latest counts are purposely removed) with a few dates on the chart: Nifty daily chart: Following was men...

HUL is one of India’s foremost multi-business enterprises. The stock has shown an exponential rise in the form of wave 3. We have been applying Elliott wave theory to forecast the prices. The stock has given amazing returns over the years making it one of the most preferred stock for investors. ...

Technical analysis is all about trying to find out the best fit or methods that are currently working in the markets. There are various methods from the basic support and resistance level identification to the complex patterns of Elliott wave- Neo wave and Time cycles. I believe in combining anyt...

The Ichimoku cloud is a handy tool that assists in counting and confirming neo wave counts. The combine application of neo waves and Ichimoku gives more objectivity to a trader. See below the application of the combined study applied on MCX crude which helped to identify the direction of the tre...

We have been using Elliott wave and Neo wave in order to understand the overall direction of the market and catch the key reversal areas. Elliott wave pattern on 15 minutes chart had been extremely clear and we are able to identify the turning area by simply using the Elliott wave theory. See y...

Jubilant Foodworks had been moving in a rising channel since September 2019 but using the Ending Diagonal pattern in Neo Wave coupled with simple tools like EMA and channels we could forecast that the stock was about give classis break out from the range. Look at the below chart of Jubilant Food...