Decimal84

Elliott Wave Educator

I decode market structure using Elliott Wave.

Daily educational charts • Trading psychology • Market structure

Trade Less. Trade Better

[Decimal84 @Decimal84]

@Rajaudit1972 @nakulvibhor Price resuming the trend after a health correction

[Decimal84 @Decimal84]

Cummins India - Watching the Wave 4 Rebound

The current decline in Cummins appears to be progressing through a five-wave structure, with Wave (3) producing the strongest part of the move lower.

Price has now bounced into the 0.382 Fibonacci retracement near ₹4,858, with 0.5 around ₹4,894 acting as the next reference, but above the level of invalidation. This rebound could represent Wave (4) before the final Wave (5) decline.

A rejection from the ₹4,858–₹4,894 region would strengthen the bearish count and keep the Wave (5) scenario in play.

#CumminsIndia #ElliottWave #TechnicalAnalysis #shortsetup #bearish

[Decimal84 @Decimal84]

@gurjota But the question is whether your mindset to handle such exceptional gains also double with each trade?!

[Decimal84 @Decimal84]

MPS - A New Impulse Taking Shape?

The larger count suggests red wave (iv) may have completed as an ABC correction.

Within the next leg, blue Wave i appears to have formed as a Leading Diagonal, followed by Wave ii. Price is now developing the next sequence, with Waves iii-v projected higher.

The structure is worth watching as the impulse develops and confirms itself.

#MPS #ElliottWave #TechnicalAnalysis #NSE #SwingTrading #uptrend

[Decimal84 @Decimal84]

This is why options are so luring and so risky.

POLICYBZR 1700 PE shows a 41,382% gain

Seeing numbers like this makes options look like easy money.

But please remember: the same leverage works both ways. A premium can lose 50-80% just as quickly.

Don’t enter an option trade without knowing your stop-loss and maximum acceptable loss. Stop loss are little insurance we take to prevent big losses

It's to survive the trades that go wrong.

#riskmanagement #optionstrading #stockmarket #policybazaar

[Decimal84 @Decimal84]

@BeyondTrading07 #Godrejproperties

[Decimal84 @Decimal84]

@mystocks_in Not without knowing what the bigger picture is doing.

[Decimal84 @Decimal84]

@samyak_maher Not a good stock to be in for intermediate or long term gains for now. We need the levels of 630ish to be broken first.

[Decimal84 @Decimal84]

#SONACOMS has taken support from the highlighted support band. Expecting to reach 840ish levels.

[Decimal84 @Decimal84]

Sona BLW has been in a strong impulsive advance, with the current structure suggesting a Wave (iv) correction. The recent price action has contracted into a tight range, forming a coiling pattern near the marked support zone.

This is also where the idea of nested waves becomes useful. Smaller-degree waves develop within larger-degree waves, and these successive contractions can build energy before the next larger move.

The support zone around ₹760–₹780 is therefore important. If it holds and the correction completes, the structure could open the way for the next impulsive leg toward Wave (v).

Large moves often don't begin from nowhere — they can develop after periods of contraction and internal subdivision, where the market gradually coils before expanding again.

#SonaBLW #ElliottWave #TechnicalAnalysis #NSE #SwingTrading #IndianStocks

[Decimal84 @Decimal84]

@Heroaurzero Please elaborate your reference point. It will be easier to understand then

[Decimal84 @Decimal84]

#TechM idea got invalidated as prices went above the end of minuette wave 1.

[Decimal84 @Decimal84]

#techmahindra's current structure suggests the (c) leg of an ABC correction may still be unfolding. Within this move, the lower-degree count appears to be progressing through Waves (1)–(5), with Wave (4) now complete.

If the structure remains intact, the final Wave (5) could extend lower and complete the larger corrective pattern around the projected zone.

The bearish count would weaken if price moves back above the recent Wave (4) high.

#ElliottWave #TechnicalAnalysis #NSE #SwingTrading #shortsetup #bearish

[Decimal84 @Decimal84]

Reversed from the exact levels of 474. Fell to 457 and then bounced. :)

[Decimal84 @Decimal84]

ICICI Prudential Life - Watching the Final Leg

The current structure suggests a Wave (iii) decline is nearing completion, with the ongoing rebound appearing to be Wave (iv).

Price is currently testing the 0.382 Fibonacci retracement near ₹473.50. If this resistance holds, the next Wave (v) lower could complete the larger Wave (iii) around the marked zone.

The key level to watch is the ₹473–₹479 area for signs of rejection.

Conditional risk caveat: If price sustains above the ₹473–₹479 resistance zone, the bearish Wave (iv) interpretation could weaken and the setup would need to be reassessed.

#ICICIPruLife #ElliottWave #TechnicalAnalysis #NSE #SwingTrading

[Decimal84 @Decimal84]

NIFTY FMCG - Bearish setup

The structure suggests a corrective rise may be nearing completion around the 45,700–45,900 zone.

If price confirms rejection here, the next downside leg could unfold toward 44,300–44,000. Bearish below confirmation.

Invalidation: sustained move above 46000 levels.

Watching price action for confirmation rather than anticipating the move.

#NIFTY #FMCG #NiftyFMCG #ElliottWave #TechnicalAnalysis #TradingView #IndianStockMarket #PriceAction

[Decimal84 @Decimal84]

@myfirststock99 Also, reply harshly when someone doubt your thesis.

[Decimal84 @Decimal84]

ICICI Prudential Life - Watching the Final Leg

The current structure suggests a Wave (iii) decline is nearing completion, with the ongoing rebound appearing to be Wave (iv).

Price is currently testing the 0.382 Fibonacci retracement near ₹473.50. If this resistance holds, the next Wave (v) lower could complete the larger Wave (iii) around the marked zone.

The key level to watch is the ₹473–₹479 area for signs of rejection.

Conditional risk caveat: If price sustains above the ₹473–₹479 resistance zone, the bearish Wave (iv) interpretation could weaken and the setup would need to be reassessed.

#ICICIPruLife #ElliottWave #TechnicalAnalysis #NSE #SwingTrading

[Decimal84 @Decimal84]

#techmahindra's current structure suggests the (c) leg of an ABC correction may still be unfolding. Within this move, the lower-degree count appears to be progressing through Waves (1)–(5), with Wave (4) now complete.

If the structure remains intact, the final Wave (5) could extend lower and complete the larger corrective pattern around the projected zone.

The bearish count would weaken if price moves back above the recent Wave (4) high.

#ElliottWave #TechnicalAnalysis #NSE #SwingTrading #shortsetup #bearish

[Decimal84 @Decimal84]

A good, sharp 4.3% move to the downside. Sept 1400 PE doubled. :) #tradelesstradebetter #adaniensol #tradingoptions

[Decimal84 @Decimal84]

Adani Energy Solutions Ltd. - Technical Structure

The stock appears to be forming an ABC corrective structure within a rising channel after the sharp decline.

Wave C is currently testing the upper boundary of the channel. I’ll be watching how price behaves around this zone to assess whether the corrective structure is nearing completion and whether a potential Wave IV–V sequence develops.

This is a technical analysis of the price structure, not a buy/sell recommendation.

#AdaniEnergySolutions #AESL #TechnicalAnalysis #ElliottWave #ElliottWaveAnalysis #IndianStockMarket #NSE #StockMarket #MarketAnalysis

[Decimal84 @Decimal84]

@sunilgurjar01 With Nifty daily making clear LL-LH structure, it's obvious that we should be on the sell side untill we see any transition. I have noticed so many times that structure on charts always lead many global events.

[Decimal84 @Decimal84]

@Equities_Fraise Not yet, I'm afraid.

[Decimal84 @Decimal84]

@Prashantshah267 The main hurdle is Psychology. How will AI understand and interpret emotions of fear and greed as Emtions are not binary?