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. Despite being an eventful ...

Most of the NBFC’s failed to show any positive attempt even though the 1st setof stimulus was meant to benefit them the most. Despite of it stocks like IBULL Housing, L&TFH, LIC Housing are falling steeply. Despite an eventful week stocks are not moving as per the after effects of news on them. ...

Nifty advanced Elliott wave – Neo wave plot is unique way of looking at price chart. It helps is identifying each wave movement very clearly. In below research we have shown application of Elliott Wave – Neo Wave pattern, Channels, at its best. Look at the below chart of Nifty. The below researc...

Nifty has moved against majority who were expecting a sharp rally on upside.Application of Time Cycles with Elliott Wave – Neo Wave, Channels,Moving average and RSI at its best. Following charts are published in the latest monthly research report – The Financial Waves Monthly update. Nifty dail...

Nifty is showing wild swings in either direction and majority of the traders are simply guessing the direction of the trend. During such times it is best to rely on important technical indicators like Ichimoku Cloud, Fibonacci and Candlestick patterns. Look at the below chart of Nifty exhibiting...

Along with basic technical tools, application of Elliott wave can provide high probable trade setups. Most of the times market moves in corrective trends and there are rare occasions where impulsive pattern we get to see. Zigzag, Flat, Triangle, Double and Triple correction are the different corr...

In a consolidating market it is very difficult to rely on standard technical patterns as most tend to give a false breakout. In some cases it is difficult to even identify the ongoing corrective pattern using Elliott waves. In such scenarios Neo wave comes to the rescue as almost every possible ...

Nifty, we are looking at the current up move as only a corrective drifting in the form of Ending Diagonal or Terminal pattern. In Elliott wave theory, a wedge pattern is known as Ending diagonal pattern or terminal pattern and occurs either in wave C or wave 5. It is a type of formation in which...

This week kick started with lot of events, news, results. Index major Reliance Industries announced deal with social media giant Facebook bought 9.9% stack in Reliance Jio which helps Indian oil-to-telecom conglomerate to significantly cut debt. In this entire up down reaction we have been const...

Nifty has been rising since past two days which is against majority of expectations. With the extension of lockdown announced everyone expected markets to start the downtrend but it continued to rise. From the lows of 7511 Nifty rose more than 1700 points despite that the news flow only got wors...