Ending Diagonal
Can it be a mini Ending Diagonal in INFY in Wave 1?INFY seems to be completing an Ending Diagonal in Wave 5. We may see a downside ABC correction and then Wave 3, probably.
**This analysis is based on the Elliott Wave Principle.
This analysis is for educational purposes only and not investment advice.
Please consult your SEBI-registered advisor before making any investment decisions. Markets are subject to risk.**
TATA CONSUMER — The Calm Before Wave 5TATA Consumer has completed a textbook corrective structure from its recent high of 1180.50. The entire correction unfolded as an ABC zigzag, neatly contained within a falling channel. Within wave C of this zigzag, price action formed an ending diagonal, with wave 4 overlapping wave 1—confirming the diagonal structure and marking the completion of higher-degree wave 4 at 1059.
This 1059 level also becomes the key invalidation point for the current bullish outlook.
Following this, price broke o
OFSS: Setting Up for a Relief Rally?🔍 Introduction
This analysis starts from the 1-hour timeframe, where price action shows signs of exhaustion at the tail end of a 5-wave decline. A classic ending diagonal in wave c, along with bullish RSI divergence, points toward a potential short-term reversal — possibly the start of Wave B in a larger A-B-C corrective structure. We then zoom out to place this setup within a broader W-X-Y correction that began from the 13,220 high.
🕐 1H Chart: Ending Diagonal + RSI Divergence into Key Zone
U(R) Truce on the Way – Nifty: Nervous to Nirvana! ElliottWave
Life and markets share a common truth:
Decisions made at crossroads define the journey ahead. Whether it's turning left or right at an intersection or navigating the ever-changing waves of financial markets, one thing remains constant—preparation is key.
In trading, emotions often cloud judgment. The impulsive, last-minute decisions taken without a backup plan lead to uncertainty, just as a driver who hesitates at a crucial turn may end up lost. If you don’t prepare in advance, you will
TATAMOTORS Ending diagonal.. trend is getting matured..Tata motors in impulse 5th wave up .. high made 1179 (min target of 5th wave done)
It seems its making ending diagonal pattern in form of
3-3-3-3-3... waves and if it is doing diagonal pattern than chances are
there for 3rd wave of 5th up in 3 waves and one more new high possible.
important support is 4th wave low 855 breaking of which will end the impulse trend
and down trend will start in tata motors.
Disclaimer : study is only for educational and I am not SEBI registered.
BankNifty ( Elliott Wave) - Will 51700+ Be The Short Term TopDisclaimer:
This is not a solicitation to buy or sell any financial instruments. Please consult your financial advisor.
Explore the latest Bank Nifty analysis with WaveTalks. Will 51700+ be the short-term top? Discover insights and potential market moves as we decode the whispers of the market. Stay informed with WaveTalks - Market Whispers!
Let's Jump In ...
As discussed in the last idea published on 29th August, it was suggested that holding the 50938 / 50939 critical level, Inde
Maruti Suzuki - Will it fly Above 12555 Disclaimer:
This is not a solicitation to buy or sell. Consult your Financial Advisor before trading.
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As discussed earlier on 19th Aug ...Above 12555 ...Will Maruti Make An Attempt to Fly & Will it reach the upper trendline & make new highs beyond 13680
Will it Complete One of the Most Important ElliottWave Structure & Its pending Wave 5 on Upside
What Level You Should Avoid Trading ? So Many
BankNifty - Is this An Ending Diagonal at Tops 51404WaveTalks ...Market Whispers! ...Can You Hear Them?
Disclaimer:
This commentary is not a solicitation to buy or sell. Please consult your financial advisor
As discussed this morning......catching the wave 4 bottoms & watching 5 unfolding in back to back ups & downs with a minor halt at 51251 have we unfolded an ending diagonal at the tops of 51404
Wave 4 Bottoms this morning close to 51000 as discussed
Wave 5 - Is this an ending diagonal unfolded at the current high of 51404
Bitcoin - Classic Flat-Screaming for 72000 Target Upside
Elliott Wave Flat Sequence with Wave C Ending Diagonal
In Elliott Wave Theory, a flat sequence typically consists of three waves: A, B, and C. The pattern is generally labeled 3-3-5, indicating the wave structures.
Wave A: A corrective three-wave move.
Wave B: Another three-wave corrective move, often retracing Wave A by 90% or more.
Wave C: A five-wave move, which can unfold as an ending diagonal.
An ending diagonal in Wave C indicates a slowing momentum, often signaling a reversal. The e
Bandhan Bank -Potential Breakout in Progress (Upside Target-430)
I suggested somewhere that market participants should start looking at this stock and hold it in their portfolio with an upside trigger of 265 and a final target of 430, to be reviewed later.
No surprise – the stock has started moving from our desired zone of 155-175. What a low 169 . Will it cross 265 and later 430? Only time will tell.
Pattern: Falling Wedge (Similar to Adani Wilmar as discussed earlier)
Such patterns swiftly move towards its starting point. In this case it is 430
Nifty Explosive (Part 3): From 22,000 to 23,000 in Record Time!
Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
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Nifty Index Outlook - May 24, 2024
Overview
In our last analysis, we emphasized the importance of having both a primary plan (Plan A) and an alternative plan
Auropharma - Can You Catch Wave Top ,Recognise This Pattern ? Elliott Wave is a such an amazing scientific method, if you apply them & be humble & open to what market tells you, you are going to be rewarded like catching all the waves.
Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
From WaveTalks
Abhishek
Comex Copper = Explosive Nifty to Unfold in 2024 ?Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
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Copper Outlook
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1. Setting the Stage for Explosive Moves:
- Copper is recognized as a barometer of economic growth, and its performan
BHARTIARTL SHORTBharti Airtel has finished Wave 5 according to the Elliot Wave Theory and is poised for a correction. We're currently anticipating a strong follow-up candle to the recent Lower High (Spinning Top Candle), which could signify a trend reversal.
ADDITIONALLY, ENDING DIAGONAL TRAIANGLE CAN ALSO BE SEEN.
Auropharma : Riding the Wave: StockJumps from 397 to 1000
October 13, 2020:
Identified a B-Wave shift in Auropharma (TradingView Idea Published as mentioned below), predicting a decline from highs of 1065 to lows of 397- was looking for Wave -C Downside. These are complex corrections so I changed them to X-wave (instead of B-Wave)
January 30, 2023:
Noted that Auropharma was close to completing an Ending Diagonal, which eventually ended the fall at the lows of 397.
Ending Diagonal as per New School Analysis or Wedges as per Old School
Short the SILVER(XAGUSD).Elliott wave analysis:-
Impulse wave formation has been formed.
1,3,5 wave are impulse and the 5the wave was an Ending Diagonal. .
if this wave has not broke above the 5th wave then we can go for short at CMP.
stoploss@22.24201
if pattern failed then we have to wait and watch the wave formation.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
BankNifty - Rising Wedge Drama Unfolding (Careful at Tops 46310)Hello WaveTalkers
As we approach the close of this trading week, we're spotting some intriguing patterns in the BankNifty Index.
Wedge Drama Unfolding?
- Without giving away too much, there seems to be a rising wedge forming at the current highs.
- This might hint at a potential move towards a 45299 downside target.
Trading Strategy
Once Index falls below 46000 - It will confirm the downside bias but careful as it is weekend & consult your financial advisor before taking
BankNifty:Tale of Triumph and Trials,Bulls or Bears-Which Side?Netflix - Scoop
The riveting Netflix web series "Scoop" brought to life a powerful saying from the book **"Behind Bars in Byculla: My Days in Prison" by Jigna Vora**. The line, **"If someone says it’s raining, and another person says it’s dry, it’s not your job to quote them both. Your job is to look out of the window and find out which is true" is a fitting metaphor for our exploration of the BankNifty index.** Here, we don't just parrot what others say, we strive to unravel the truth behind
BSE Sensex Ending Diagonal CAUTION!Attached: Sensex Daily Chart as of 19th June 2023
The Ending Diagonal is more evident and clean in BSE Sensex rather than NSE Nifty 50 (although you can observe in Nifty as well), which is why I have chosen to share the Sensex Chart
Observe:
- A well defined trend line with multiple touch points
- Presence of a Bearish RSI Divergence
- Daily MACD already in Sell mode
All that is needed is break of Today's Low and a Close below it (which would also give the Trend Line breakdown simultaneously)
BankNifty - Unveiling the Magic of Wave Analysis Near ATH-44151Introduction
In the world of financial markets, technical analysis plays a crucial role in understanding market trends and making informed investment decisions. One powerful tool in this domain is wave analysis, which has proven its accuracy time and again. In a recent BankNifty analysis, wave analysis beautifully predicted the index's movements, providing traders with valuable insights. This article will delve into the fascinating details of this analysis, its striking coincidence with the ac
BankNifty Tidal Wave- Ride or Crash? 15th May 2023Welcome back to another episode of Wave Talks. Bank Nifty's Tidal Wave -Ride or Crash: Index can face a significant shift with the unfolding ending diagonal. Will you ride the wave to profit or crash on the shore? Unfolding wedge pattern
It's time to reconsider Bank Nifty's pattern as it poses a risk. Let us discuss in details price objective & outlook for next few weeks with key & critical levels for better risk management.
Last Idea - BankNifty's Danger -Is this a rising wedge























