Hanumanth Allada

Software Engineer !! Learner in Indian Stock Market !

[Hanumanth Allada @HanumanthAllada]

@BGatesIsaPyscho https://t.co/ISytuUyizu

You will get clear answer here for your question with detailed explanation

[Hanumanth Allada @HanumanthAllada]

@BeyondTrading07 It may take sometime by forming below pattern before giving a good breakout/returns

[Hanumanth Allada @HanumanthAllada]

Seems like a perfect trendline break and bounce !!

[Hanumanth Allada @HanumanthAllada]

@itzarunca Thanks Guruji ! I am still learning from you and your course.

[Hanumanth Allada @HanumanthAllada]

@itzarunca Good Morning Guruji.

After seeing latest video in our course today, I realized your view on AngelOne was already shared in 'X' in July itself.

I forgot about your post/view on it, I have shared my analysis on it in August. My bad !

You picked perfectly in advance.

[Hanumanth Allada @HanumanthAllada]

#MAHSEAMLES

I see +ve parameters on this debt free company

RSI Divergence and price taking SMA(450) support on daily TF but still I feel this one will touch below 500 levels

Note: Not any buy or sell recommendation, purely its my analysis, understanding of Elliott wave study

[Hanumanth Allada @HanumanthAllada]

Angel One's Wave 4 (recent low was 2025) did not enter into Wave 1 region (Below 2022 Levels) . Now stock is in good buying levels and taking daily moving average (450) support. View Invalid if it crossed below 2022.

Note: Only for study purpose, not a buy or sell recommendation

[Hanumanth Allada @HanumanthAllada]

I see back to back RSI Divergence at the end but I feel wave 3 is not following required characteristics. As per my limited knowledge on EWT, this may form triangle pattern in long run. Need to wait for price action for confirmation. Only for study purpose, not a recommendation

[Hanumanth Allada @HanumanthAllada]

We can observe both symmetrical Triangle Pattern and Wave 3 of 3 as well in this chart

[Hanumanth Allada @HanumanthAllada]

Not any buying or selling recommendation or suggestion. Just a case study for educational purpose only

[Hanumanth Allada @HanumanthAllada]

@FnoOptions @itzarunca To avoid any fake breakout, I will enter when the previous height is broken. Still wave can change its nature even after crossing previous height. Example wave B can cross and can go for wave C. So as @itzarunca mentioned we need to see if really correction is completed or not.

[Hanumanth Allada @HanumanthAllada]

#SBILIFEInsurance

Earlier, I have posted on HDFC Life and ICICI Pru Life insurance companies, now I have gone through SBI Life insurance chart. Finally I realized all Insurance shares are going to run like a bull.

Note: Not any recommendation, Just for educational purpose only

[Hanumanth Allada @HanumanthAllada]

@itzarunca Sure Guruji, for now it retraced 23.6% minimum level. So waiting for the closing price to close above the redline 1570 on weekly TimeFrame/basis.

[Hanumanth Allada @HanumanthAllada]

@itzarunca Sure Guruji, I will follow your rules and will book the profit when it reaches top

[Hanumanth Allada @HanumanthAllada]

@Sahilpahwa09 Bumra is Wave A
Arshdeep is Wave B
Hardik is Wave C for SA Team