Nifty
Till Now Nifty has held the upper red line in a sacrosanct manner. The third test on the same boundary is expected as shown above, before the expected correction.
Silver
Silver has corrected in expected way. The volatility will continue as shown above, The above path to be taken as a generalized way rather that precise regulated way. expect sudden surges and falls.
Gold
- Gold is getting to the point where correction WILL happen.
- However for the present it may go higher as the last leg of the forming triangle as shown above.
- Caution_ Above temporary rise to be weighed against the developing geopolitical situation.
Yes Bank
- Yes Bank after the major fall in 2018-2020 is considered to be in consolidating phase. After such major falls , Normally the upward move is punctuated by long drawn out 1st wave , which may have finished in a triangular form in 2024.
- The down turn from 2024, is seen as wave 2 OR part of wave 2(wave 2 may or may not have completed. Whatever the case may be, In the immediate, expect yes bank to go higher.
Hero Motors
- Hero Motors, has shown extreme volatility in a large triangular formation. The huge amplitude of its legs point to continued volatility with the upper red line acting as a barrier. Expect this volatility to continue until wave 5 is resolved, and the subsequent correction takes place.
Jio Financial
- Jio Financial , like any new stock in its inception stage follows the ABC pattern(alternate equal bouts of elation and deflation) Within the ABC structure expect Jio financial to go as per count above
Power Grid
- Wave 4 MAY not have finished in the orange rectangle. Need To wait for confirmation for wave 4.
Tata Motors
- Option one- wave 4 has completed and possible wave x to go up in an impulsive wave
- Wave 4 hasnt finished and need to wait for confirmation as shown above
Titan
- Option 1. Titan going up as part of wave X If this true, titan to correct within X , This correction will be a ziz zag correction, but not before it rises a bit more.
- Option 2. Titan going up as part of wave 3. In case this true then Titan on a gigantic bull run