Adani Ports & SEZ Elliott Wave technical analysis Function: Counter-Trend. Mode: Corrective. Structure: Orange Wave X. Position: Navy Blue Wave 2. Next direction (lower degrees): Orange Wave Y. Details: Orange…
The Indian Rupee gains ground in Monday’s Asian session. Fresh foreign and USD inflows support the INR. The preliminary readings of the India HSBC PMI…
Mahindra and Mahindra Elliott Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Navy Blue Wave 1. Position: Gray Wave 5. Direction next lower degree: Navy Blue Wave 2. Wave…
The Indian Rupee gains traction in Monday’s Asian session. The weaker US Dollar broadly supports the INR, but higher crude oil prices might cap its…
The Indian Rupee trades flat in Wednesday’s early Asian session. Renewed USD demand and persistent outflows by foreign institutional investors could undermine the INR. India’s…
Britannia Industries – Britannia (1D chart) Elliott Wave/Technical Analysis: Function: Corrective Trend (Minor Degree Grey). Mode: Corrective. Structure: Impulse within a larger degree correction. Position: Minor Wave 5 Grey. Details:The stock…
NIFTY 50 Index – Elliott Wave technical analysis Function: Counter Trend (Minor Degree, Grey). Mode: Corrective. Structure: Zigzag. Position: Minute Wave ((c)). Invalidation point: 26,400. Details: The alternate wave count is currently…
BPCL – BPCL (1D Chart) Elliott Wave Technical Analysis. Elliott Wave technical analysis Function: Counter Trend (Intermediate Degree Orange). Mode: Corrective. Structure: Potential Impulse within a Larger Degree Correction. Position: Minute…