Elliott Wave

Kelly’s Market Insights XAUUSD Gold’s Elliott Wave Sequence – The Final Countdown to Support? Hello everyone, it’s Kelly here. 🌹 Gold has been keeping us on our toes lately, hasn't it? If you’ve been following my charts, you know I’m a firm believer in the rhythm of the market. Right now, the H1 chart is dancing to a very specific tune—the Elliott Wave correction. We aren't just looking at candles; we’re looking at the exhaustion of momentum. Decoding the Elliott Structure Based on the current H1 wave count, we are

by Kelly_Koou_Gold

Crompton Greeves Ready for Next Bull Run ??Analysis done using Elliot Wave, Neo Wave and J.M.Hurst Cycle Theory. Stock has completed one Major Elliot wave Cycle and Hurst 18 months and 54 Months cycle. Fundamentals are goo with DII's holding more than 65% in stock. Note : This idea is only for Educational and learning purpose and it's not buy or sell signal.

INFY | DOWNTREND Infosys seems to have completed Wave B on a larger timeframe and we have now entered Wave C to the downside. Recommended to stay away from this stock for long term investment

XAUUSD — Wave 2 meets resistance Wave 2 rebound is running into resistance again Gold is moving into a very sensitive area where the current recovery still looks more corrective than impulsively bullish. For Kelly, this matters because the chart is not reclaiming trend yet — it is only pushing back into a medium-term sell zone, which keeps the downside scenario active unless buyers can prove much more above current levels. The political backdrop is also adding another layer of uncertainty. Resistance to Trump’s Fed-chair plan

by Kelly_Koou_Gold

ITC TEST-- WHETHER TO GO UP OR DOWN ITC TEST -- WHETHER TO GO UP OR DOWN ITC in Correction phase after completion wave of an IMPLUSIVE move in smaller time frame. Fast Retracement of price above 336, will give confirmation regarding possible up move. Else will go under more correction.

#RELIANCE selling is coming 🔥 Reliance: Zig‑Zag Correction in Play ⚡️ Reliance is currently moving through a zig‑zag correction 🔄📊: 🔹 A wave: Dropped to 1350 📉 🔹 B wave: Retraced less than 61.8% 🔄 🔹 C wave: Now unfolding 📊⚡️ 👉 Breaking down the C wave: ✅ Out of 5 subwaves, 4 are complete 🎯 ⏳ Currently in the 5th subwave, which can push up to 1380 🚀💥 ⚠️ Trading Insight: Wait for confirmation ✅ — once complete, price is likely to reverse sharply 📉 and retest 1280–1250 levels 🕳️💎 --- 🔥 Takeaway for traders: Reliance’s z

by sahildeshwal1997

#NIFTY 5th wave complete ⚡️📉 Nifty: 5th Wave Finale – Big Move Loading! 🔥💥 After touching a low of 22,188 🕳️, Nifty kicked off its corrective bounce: 1️⃣ Wave 1 (2 Apr): High at 22,761 📈✨ 2️⃣ Wave 2: Running flat correction 🔄📊 3️⃣ Wave 3: Explosive rally to 24,025 🚀💎🔥 4️⃣ Wave 4: Flat correction ending at 23,555 📉🌀 5️⃣ Wave 5: Now unfolding ⚠️⚡️ — currently in its final subwave 🎯⏳ 👉 With the 5th subwave nearly complete, the chart is screaming: 📉💥 A sharp fall is likely, filling the gap from 8 Apr 🕳️📊 💡 Trading Insig

by sahildeshwal1997

XAUUSD Wave 2 rebound hits resistance XAUUSD — Wave 2 rebound is reaching resistance, and sell-side pressure may return soon Gold is moving into a technically sensitive area where the current recovery no longer looks like the start of a fresh bullish trend. From Kelly’s view, this rebound is better read as a wave 2 corrective move, and the market is now approaching the zone where sellers may begin to step back in. That distinction matters. Because if this is truly a wave 2 recovery inside a broader bearish structure, then the nex

by Kelly_Koou_Gold

NIFTY 50 - Recovery Attempt but Trend Still Unclear Nifty has fallen sharply, and that fall looks mostly complete. Now it is trying to bounce, but the bounce is still weak. For now, this is just a short-term recovery, not a clear uptrend. The market needs to go above 23,860 to show the first real sign of strength. Until that happens, upside moves can fail. On the upside, there are clear resistance zones: Around 24,350 (R1) Around 25,100 (R2) Around 25,900+ (R3) On the downside, if the market fails to hold and falls again, it can

by BrightRally_Research

Elliott Waves: SCI Ltd Bullish Structure intact Hello Friends, Welcome to RK_Chaarts, Today we’re looking at the Shipping Corporation of India Ltd chart from an Elliott Wave perspective. The structure looks very clear. Cycle degree Wave III ended at the July 2024 high, and Cycle degree Wave IV ended at the March 2025 bottom. After that, we started unfolding Cycle degree Wave V, which should have five subdivisions of Primary degree. Out of those five, Wave ((1)) topped in June 2025. Then Wave ((2)) came as an expanded flat and bottomed in J

XAUUSD — Resistance now key focus XAUUSD — Wave 5 Sell Zone Now Becomes the Weekly Decision Point Gold is moving into next week with a very sensitive structure on the chart. The broader trend is no longer in clean expansion mode, and price is now testing a zone where the market must decide whether this is only a temporary rebound inside weakness, or the start of a deeper selloff. For Kelly, this is not the kind of chart to chase emotionally. This is the kind of chart where structure has to lead. Technical structure On the ch

by Kelly_Koou_Gold

PFC Ltd: Accumulation Building Below Supply – Breakout Ahead?After the sharp fall from 580 , the price appears to have completed a W-X-Y corrective structure near 329.90 . Since then, the stock is gradually moving higher within a descending channel . A few early positive signs are visible: RSI has reclaimed the 50 level and is holding above it, indicating improving momentum. Volume shows quiet accumulation , suggesting gradual buying interest. Price is approaching an important supply zone near 440 . Trading Approach Aggressive entry c

Gold (MCX): Trading the Barrier Triangle Compression Breakout Technical Context Gold Futures (MCX) are currently displaying a powerful structural sequence on the 4-hour chart. Following a major market low at 129,595 , the asset has built a nested impulse. This indicates a primary uptrend is gaining heavy momentum through a sequence of higher highs and higher lows. The most recent surge peaked at 154,500 , striking a key mathematical extension. Since that peak, price has entered a consolidation phase known as a Barrier Triangle . In this pattern, sell

DXY nearly end of first correction After move from 95.5 to 100.6 DXY is on a correction, may be stop on the nearly 98 I will watch at that area, for a long postion on B wave to fill the gap return 99.5 Or far for next motive wave 101.7 and 103

BHEL | Elliott Wave Setup – Wave 5 in Progress | Target ₹430 BHEL is showing a textbook structure based on Elliott Wave Theory, currently transitioning into Wave 5 after a healthy Wave 4 correction. Structure Breakdown: * Wave 1–2: Early accumulation and shakeout phase * Wave 3: Strong impulsive rally with expansion in price and momentum * Wave 4: Controlled pullback, respecting trendline support (no structural damage) * Wave 5: Initiated – higher lows and breakout attempt visible Technical Confluence: * Price sustaining inside a rising channel * Hig

by yogesharora2409

XAUUSD — Bulls Control Wave 5 XAUUSD — Gold is still holding inside wave 5, but resistance is starting to matter Gold remains inside a broader bullish structure, and the chart still supports the idea that the market is trading through wave 5 rather than moving into a full reversal. What makes the current setup more interesting is the mix between technical strength and macro hesitation. On one side, the broader trend is still intact and price is holding inside the ascending channel. On the other, recent Fed comments are kee

by Kelly_Koou_Gold

XAUUSD may be in corrective phase.Gold May Be Entering a Corrective Wave — Strong Data Is Starting to Matter Again Gold still looks elevated on the chart, but the structure is beginning to suggest that the market may be shifting from impulsive upside into a corrective phase. A small but important macro note first: the latest New York Fed Empire State Manufacturing Survey did not come in weak. The headline index actually rose to 11.0 in April, versus -0.5 expected and -0.2 prior, while new orders and shipments also improved. Th

by Cecilia_Jane_Trader

CAMS due for another Impulse Move CAMS seems to have broken the resistance of its downward channel pattern and is now poised to give a good impulsive move to 1k in the coming months. Add this to the watchlist and observe :)

by naveen_kumar_PS

XAUUSD: Selling, larger upward move coming.XAUUSD: Gold Pulls Back Under 4800 as Short-Term Pressure Builds Hello everyone, here is my view on the current XAUUSD setup. Market Analysis Gold is currently facing short-term selling pressure after failing to hold above the recent high near 4870, and price is now trading back around the 4800 level. This pullback comes as the US dollar shows a modest recovery, while geopolitical uncertainty remains unresolved but not escalating enough to drive strong safe-haven demand. From a technical

by Lilybelle_gl

XAUUSD – Wave 5 forming as macro pressure lowers Gold is not just moving — it’s transitioning into a late-stage impulsive structure. Recent data shows the Fed’s unrealized losses have narrowed to $844.2B, down significantly from $1.06T. While this doesn’t directly shift monetary policy, it signals reduced systemic pressure — creating a more stable backdrop for risk assets and gold to continue trending structurally. Market Structure & Elliott Wave Price has completed a clean impulsive sequence from the bottom: Wave (1) → (2) → (3) expansion

by Kelly_Koou_Gold

XAUUSD Before PPI — Final Upmove or Sharp Downturn?Gold Before PPI — Elliott Structure Suggests One More Push Higher, but Timing Matters Gold is moving into a sensitive zone just as PPI news approaches, and that combination matters. When a high-impact release enters the market, price can easily become emotional for a few hours — but structure usually still tells the bigger story. Right now, the chart continues to suggest that gold is trading inside a developing Elliott sequence, where the market may still be building the final leg of the curre

by Cecilia_Jane_Trader

Petronet LNG: Leading Diagonal Signals a Structural Breakout Technical Context The price action on the 4-hour chart for Petronet LNG has established a leading diagonal off the base, followed by a standard corrective pullback. This specific structural sequence dictates two primary pathways for the impending advance: a three-wave zigzag or a five-wave impulsive move. Because a leading diagonal can operate as Wave A of a zigzag or Wave 1 of an impulse, the setup provides dual structural justifications for continued upward momentum. Bullish Scenario Th

XAUUSD filled the gap — But the More Important Signal Is What Came After Gold opened the week with a sharp downside gap, and that kind of move usually creates immediate uncertainty. In many cases, a gap like this can trigger emotional selling and break short-term confidence. But this time, the market responded differently. Instead of accepting lower prices, gold recovered quickly and fully filled the gap, which tells me the first wave of weakness was absorbed rather than expanded. That matters, because when a marke

by Cecilia_Jane_Trader