Free Stock market / Nifty intraday tips

HDFC Bank Stock analysis, via Elliott wave theory:

After forming a higher-high the stock has made next peak lower Presently if the stock move above 1071 it can be still bullish .
Wave 4 was finish at 942.65, Wave 5 is 0.78% of wave 4. In wave 5 mentioned a sub-wave with roman latter. A is retraced the range at 100% to1.61% of wave 5.
Wave b is 61.8% of wave A .
Wave 4 can not overlap wave 1, but sometime it overlap still follow Elliott wave theory, wave 2 can never exceed the start of wave 1.

Information on Elliott waves trading analysis to read click here 

Previous ArticleNext Article
She's sub-editor at Moneymunch since 2018 March.

9 Comments

  1. nice analysis! I will definately track this stock and try to catch the correction! thanks for notification :)
    Always looking for stocks which evolve nicely to EW-theory :)

  2. I follow your last some instructions and I notice that your instructions is very strong and trustable.

  3. Hello,
    Vishika here, I am trader and I take away my trading at last some months and now I want to restart my trading so i nees your subscription.
    Thank you

    1. I have seen your chart yesterday and I have sold HDFCBANK stock and now I am in profit,
      Thanks for share with me your view

  4. I am 42 year old and I have started my trading when I am 30 year old, but I have loss my money because of analysis, I have seen your charts that is amazing work I wish to work with you, so now I want your service

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

Send this to a friend