Cummins India – Wave 4 Expanded Flat Before New ATHFrom the 2580 low , Cummins India has likely started a new impulse sequence .
Wave 1 unfolded as a Leading Diagonal , confirmed by messy overlaps and volume spikes.
A sharp Wave 2 retracement was followed by a powerful Wave 3 rally to 3900.
RSI has held a rising trendline throughout, supporting momentum.
Now, price action suggests a Wave 4 Expanded Flat :
Wave A dipped from 3900.
Wave B exceeded the high.
Wave C is projected to retrace into the 3737–3637 Fib zone , offering an
Leading Diagonal
Trading Psychology & DisciplineIntroduction
In the world of financial markets, traders often focus on technical analysis, fundamental research, algorithms, and news-driven events to make decisions. While these tools are essential, there is one element that is frequently underestimated yet plays a much bigger role in success: trading psychology and discipline.
Trading is not just about numbers, charts, or strategies—it is a game of emotions, mindset, and self-control. Even the most sophisticated strategies fail if the trader
Trading Master Class With ExpertsReal-Life Applications of Options
Options are not just trading tools; they have practical uses:
Insurance companies use options to hedge portfolios.
Exporters/Importers hedge currency risks using options.
Banks use interest rate options to manage risk.
Investors use protective puts to safeguard their stock portfolios.
Psychology of Options Trading
Trading options requires discipline. Many beginners blow up accounts because:
They buy cheap OTM options hoping for jackpots.
They ignore tim
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
TATA TECH: Messy But Intentional — Diagonal at Work?After tagging the all-time low at 597, price started a steady climb. The structure unfolding looks like a potential leading diagonal, not a typical impulsive sprint. Wave 1 pushes up to 731.75, followed by a sharp drop to 640 — a classic deep Wave 2, but still holding above the origin. From there, Wave 3 stretches to 777.4, slightly longer than Wave 1, keeping things in check.
Then comes the messy drop — choppy, overlapping, three-legged, as Wave 4 of a diagonal. It lands right into the golden
Zigzag in Play- Can Wave C deliver the goods for ESCORTS KUBOTA?ESCORTS KUBOTA – A Zigzag Taking Shape
Structure Summary:
ESCORTS may be unfolding a classic Zigzag correction (5–3–5) from the low at ₹2,825.20. Wave A formed a clean leading diagonal. Wave B is currently developing and is expected to end near the 0.382–0.5 retracement of Wave A.
If this structure holds, we could soon see a powerful Wave C impulse aiming for the 4,000+ zone.
Elliott Wave View:
Wave A : Leading diagonal from ₹2,825.20 to ₹3,616.60
Wave B : Still developing – may comp
Bank Nifty - Is this A Rising Wedge from 47898 As discussed early morning .... 49000 was our key & psychological level ... Index dropped & came close to 48500-48600 zone
Falling From 49000 Level
Support Zone 48500-48600
Makar Sankranti marks the Sun's transition into Capricorn and the beginning of an auspicious period. Historically, equity markets turn optimistic post-Makar Sankranti, driven by cultural sentiment and Budget expectations. Will Budget 2025 keep the trend alive? 🌞
This comes after a 26-day fall in major benchmark
BankNifty - Did You Miss The Explosive Move from 51000 ? Disclaimer:
This is for informational purposes only and is not a solicitation or offer to buy or sell any securities or products. Consult Your Financial Advisor
As per last idea we proposed that holding 51000 & above BankNifty Index can push upside towards 52050 & Above 52100 - can look for 52900-53100
Happy We achieved 78% of the target & got the maximum points of 1500 points in the Index
Last Idea
What Next ?
Index again forming a similar looking pattern from the highs of
HDFC Bank / BankNifty - The Giant Cracks & Index Melts 4000 +Disclaimer:
This is for informational purposes only and is not a solicitation or offer to buy or sell any securities or products.
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Recap from 25th Sep 2024
Giant Crack Alert: BankNifty’s drop from 54,467 on 26th Sep 2024 to 50,194 by 7th Oct 2024 got its hint from the HDFC idea published on 25th Sep. When a giant like HDFC cracks, imagine the shockwaves across the entire index!
HDFC - Will i
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 -Tower Bottom Unveiled: Bulls Magical SpellWaveTalks - Market Whispers! Can You Hear Them?...
August 13th: The Bulls' Last Stand
As we approached August 13th, 2024, the market was rife with tension. With stops being hit left and right, I made it clear at 12:55 pm in the last post that the bulls weren’t giving up without a fight. It was a crucial moment—one where patience and strategy were key. The market flirted with disaster, yet I advised holding the line, suggesting that the critical level… would be our stronghold.
August 14
Nifty Reaches 24,500 Target: Elliott Wave Analysis 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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General Election 2024: Impact on Nifty
The 2024 General Election resulted in a clear victory for the existing NDA government, with Prime Minis
Banknifty - Leading Diagonal Scenario (Fall 51800 to 51000)As we discussed in the Sunday Video... This is the alternate scenario of waves unfolding & if Index faces resistance in 51800-51900 zone, it can slip & complete the proposed 5th wave of an unfolding leading diagonal downside.
Strictly ------No Sell ---------Above 51800 ---------------------------------------------------
Downside Target - 51000 Approx.
From WaveTalks
Abhishek
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
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
EURUSD Fall - Classic Equality Count in Play | C = A WaveDisclaimer:
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
13th Jan 2024 - B: Wave completed at the tops of 1.11393
Long Term Outlook
From its low at 0.95358, we're seeing a leading diagonal wave signaling a potential long-term uptrend. As previously discussed, big gains might be ahead. Once short term complete
Nifty 50- Elliot Wave Count SHORT!Attached: Nifty 50 Hourly Chart as of 25th April 2023 EOD
A Leading Diagonal in form of ABCDE in Wave 1/ A and then a Pullback in Wave 2/ B
And Now the 3rd Wave/ C Wave has started
Targets for this Wave Down are anywhere from:
17600 to 17340
Note: Alternatively the Leading Diagonal could also be Wave 4 and 5th Wave is complete and so Wave 2 can Dip down to Previous 4th Wave Low which also comes to approx 17575 as our 1st Target
HCLTECH- Bears in Control!Attached: HCLTECH Daily Price Chart Live Market as of 20th April 2023
Pay attention to the following:
1) Formation of a Double Top/ Distribution Pattern
2) A Leading Diagonal Structure marked as ABCDE , so a 3rd Wave Down can play out
3) The Elliot Wave marking signaling end of (B) Wave and (C) Wave Down pending
IT Sector is the Weakest already and there are clear Headwinds from a Fundamental standpoint for IT Stocks
HCL Technologies has Earnings today so you can expect some Big Move on the S






















