Free Stock market / Nifty intraday tips, Learning

Information on Elliott waves trading analysis:

Yesterday we had provided this call to our Subscribers

Buy reliance 2018
Stop-loss 2009
Target 2057

What is Elliott wave theory?

Elliott wave theory is a method of technical analysis that looks for red current long-term price patterns related to persistent changes in investor sentiment and psychology, the theory identified as impulsive waves that set up a pattern and corrective waves that oppose the larger trend.

The Elliott wave theory was developed by Ralph.nelson,Elliott to describe price movements in financial market,in which he observed and identified recurring.fractal wave patterns wave can be identified in stock price movements and in consumer behavior investors trying to profit from a market trend could be described as”riding a wave”a larger,strong movement by homeowners to replace their existing mortgages with new ones that have better term is called a refinancing wave.

How do Elliott waves work in our trade?

Some technical analysts try to profit from wave patterns in the stock market using the Elliott wave theory this hypothesis says that sock price movements can be predicted because they move in repeating up and down patterns called waves they are created by investor psychology.

The theory identifies several type waves including motive waves,the subject can not all traders interpret the theory the same way for agree that it is a successful strategy. The whole idea of wave analysis itself does not educate to a regular blueprint information, where you simply  follow the traction,unlike most other price information, wave analysis offer signal into text dynamic and helps you understand price movements in a much deeper way.

The Elliott wave principle consists of impulse and corrective wave at its core

Impulsive wave consists of five sub-wave that make next movement in the same direction as the trend of the next largest degree this pattern is the most common motive wave and the easiest to spot in  a market ,like all motive wave,it consists of five sub wave three of them are also motive waves ,and two corrective waves .this is labeled as a5-3-5-3-5 structure ,which was shown above 

Corrective wave-consist of three ,or combination of three ,sub wave that make at movemection opposite to the trend of the next largest degree like all motive waves ,its goal is to move the mark in the direction of the trend

Also,like all motive consists of five sub wave the difference is that the diagonal looks like either an expanding or contracting wedge .also the sub-wave  of the diagonal may not have a count of five ,depending on what types of diagonal is being with the motive waves,each sub wave ,and sub wave three of the of the diagonal may not be shortest wave.

To be CONTINUE this research in next  “STOCK ANALYSIS”

Previous ArticleNext Article


  1. In 5Min TF after doji candle i see two bullish candles closed above doji closed value and respective candles means i feel bulls regained the momentum after market hours please check

  2. Good Trade. I was going opposite. I will keep on following you now. I hope you give frequent updates on the trade too.

  3. in last some days i followed your calls and it is worked very amazing ,so now i want your subscription ,so provide me information about it

  4. hello,
    my name is pravin ,
    i have seen visited this site and i like it so much i also have seen your research it is very impressive ,good work on elliott wave ,

  5. simple and informative research. Great. Thank You.I am following you in money munch at last few days, and …i want your membership .

  6. i am intraday trader and i have stared the trade in last few month but i don’t have any benefits so now i want to subscribe you because i have seen your research and it is very nice
    thank you

  7. hello,
    my name is sukiyaki,i have started my trading 2year ago but i don’t have any remarkable profit i had discussed this situation with my friend pratap then he advice me to see money munch so i have gone threw money munch mostly every tips are certain, now i want to join

  8. hello,
    i am visited many trading sites and i searched a best trading site is money munch ,i visited this chart i have seen your profile and i like that i want your subscription because you research is very sharp and easy to understand ,

  9. Hello,
    My name is ritika,
    I have visited your profile and seen your allvreserch and read review of your articles and charts that’s very brilliant 👍

Leave a Reply

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.