Equity Wisdom

CA | Trader & Investor | Insights on #stockcharts & #technicalanalysis | SEBI Unregistered
Dis- tweets are personal views and for education purpose only

[Equity Wisdom @equitywisdom]

#TATACOMM 1955

progressing in 5th Wave, with the upper channel boundary acting as the likely destination.
Pullbacks will keep coming within smaller sub-waves.

#ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #Trading #SwingTrading #NSE #IndianStockMarket #ChartAnalysis

[Equity Wisdom @equitywisdom]

#SOTL 581

continues to respect its bullish structure and the ongoing 3rd wave seems very much alive. As Elliott Wave traders know, Wave 3 is often the strongest and most rewarding phase of the trend.

Price action remains constructive with buyers firmly in control which is visible in volume also. The stock is making higher highs and higher lows, a classic sign of strength. As long as this structure remains intact, the trend deserves respect.

#ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #Trading #Investing #SwingTrading #ChartAnalysis #NSE #IndianStockMarket #StocksToWatch #TrendFollowing #Trader #InvestSmart

[Equity Wisdom @equitywisdom]

#STLTECH 620
Reached an important technical zone of upper boundary of the rising channel.

The smaller timeframe is showing divergences.

A pullback from current levels would not be surprising. However, from an Elliott Wave perspective, such a decline may simply be a Wave 4 correction within a larger Wave 3 structure rather than a trend reversal.

#STLTECH #ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #IndianStockMarket #ChartAnalysis #Trading #Investing #SwingTrading #TrendFollowing #SupportAndResistance #Momentum #NSE #StocksToWatch #MarketAnalysis #TraderLife

[Equity Wisdom @equitywisdom]

#LICI 399

The stock appears to have completed its corrective Wave C right at the lower boundary of a well-defined channel. What's more interesting is the formation of a double bottom in the same zone, often a sign that selling pressure is getting exhausted.

Price action near channel support suggests bears may be losing control, but the real confirmation will come only when the falling trendline is decisively broken. Until then, patience remains the key.

If the trendline breakout materializes, the current structure could pave the way for a fresh motive 5-wave advance, potentially marking the start of a new bullish leg.

Markets often look weakest just before they turn. For now, all eyes are on support and the trendline battle ahead.

📌 Double Bottom near channel support
📌 Wave C appears to be nearing completion
📌 Trendline breakout needed for confirmation
📌 Bullish 5-wave setup may unfold if buyers take charge
Worth keeping on the radar.

#LICI #ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #IndianStockMarket #ChartAnalysis #Trading #Investing #SwingTrading #NSE #BSE #Trader #StocksToWatch #MarketAnalysis #TrendFollowing #SupportAndResistance #WaveAnalysis

[Equity Wisdom @equitywisdom]

#HindMotors 17.32

The chart is showing an interesting Elliott Wave structure — 5 waves up followed by a 3-wave correction. If this count is accurate, the next 5-wave advance could now be in the making.

What's more interesting is that such a move may also help shape a larger Head & Shoulders formation on the chart, making the upcoming price action worth tracking closely.

The correction seems to have done its job. Now the focus shifts to whether buyers can step in and drive the next impulsive move.

#HindMotors #ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #Trading #Investing #SwingTrading #ChartAnalysis #TrendFollowing #NSE #StocksToWatch

[Equity Wisdom @equitywisdom]

#BajajElec 313

On the long-term chart, Bajaj Electricals appears to be nearing the completion of its 4th wave correction. Interestingly, the correction is finding support near the lower boundary of the channel, a zone that has historically acted as a springboard for the next move.

If the structure holds, this support area could provide the launchpad for the 5th wave advance.

Not every opportunity moves overnight. Sometimes the best setups demand patience before they reward conviction.

#BajajElectricals #ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #Trading #Investing #SwingTrading #ChartAnalysis #LongTermInvesting #NSE #StocksToWatch

[Equity Wisdom @equitywisdom]

#COCKERILL 7,939

continues to show strength as it breaks into fresh all-time highs, with the 5th Elliott Wave seemingly in progress.

New highs are often a sign that demand remains firmly in control. The price structure remains bullish, and as long as momentum sustains, the trend can continue to surprise on the upside.

#COCKERILL #ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #Trading #Investing #SwingTrading #BreakoutStocks #TrendFollowing #ChartAnalysis #NSE #StocksToWatch

[Equity Wisdom @equitywisdom]

#NELCO 698

NELCO appears to have completed its 4th wave correction right at the base of the channel, a zone often associated with strong support.

Price is now attempting to move into the 5th wave, but a sloping trendline continues to act as the immediate hurdle. A decisive breakout above this trendline could add momentum and strengthen the bullish setup.

#NELCO #ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #Trading #Investing #SwingTrading #ChartAnalysis #TrendFollowing #NSE #StocksToWatch

[Equity Wisdom @equitywisdom]

#SHRIPISTON 3447

The rally began with a strong breakout from the Head & Shoulders pattern, unfolding as a powerful 3rd wave move.

After completing a 3-wave flat correction, the stock entered its 5th wave and continues to trend higher. However, it now appears to be nearing the final stages of this wave.

The trend remains positive, but traders should stay watchful as Wave 5 often brings both opportunity and caution.

#SHRIPISTON #ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #Trading #Investing #SwingTrading #ChartAnalysis #NSE #StocksToWatch

[Equity Wisdom @equitywisdom]

#PERSISTENT 5445

The correction appears to be a 3-wave flat correction, keeping the broader bullish structure intact.

If this view plays out, the stock could be gearing up for Wave 5, which may take prices to new highs. The key trigger is a breakout above the B-wave high. A decisive move above that level would strengthen the bullish case.

For now, the correction looks more like a pause within the uptrend rather than a trend reversal.

#Persistent #ElliottWave #PriceAction #TechnicalAnalysis #StockMarket #Trading #Investing #SwingTrading #ChartAnalysis #NSE #StocksToWatch

[Equity Wisdom @equitywisdom]

#FACT 874

The chart appears to be in a classic Elliott Wave setup.

On the weekly timeframe, FACT seems to be consolidating in Wave 4. After a strong advance, this phase is often where the market pauses, shakes out impatient participants and prepares for the next move.

For now, the key trigger remains a decisive breakout from the current consolidation zone. A successful BO could signal the start of Wave 5 -- typically the final leg of an already powerful impulse wave.

#StockMarket #FACT #ElliottWave #TechnicalAnalysis #PriceAction #ChartAnalysis #BreakoutTrading #SwingTrading #Investing #StocksToWatch #NSE #IndianStockMarket #Trader #MarketAnalysis #TradingIdeas

[Equity Wisdom @equitywisdom]

The Pharma sector continues to show strength and this stock still appears to have some fuel left in its ongoing 5th Elliott Wave.

But one should be cautious as on the Monthly chart, a clear RSI divergence is developing. Price has pushed to a higher high but RSI has failed to confirm the move and is lagging behind. That's often an early signal that momentum is not keeping pace with price.

Can this stock "go to the moon" as the headlines suggest? The chart isn't supporting that view right now.

One of the fascinating characteristics of a 5th wave is that the best news usually arrives near the end of the move, not at the beginning. By the time everyone is talking about the story, smart money has often already positioned itself.

Remember: Markets price in good news much faster than most investors expect.

Enjoy the trend, but don't let the headlines make you forget what the chart is saying.

[Equity Wisdom @equitywisdom]

#WOCKPHARMA 2031

Some breakouts deserve attention. A breakout after 13 years deserves respect.

The stock has finally moved above a long-term resistance zone that kept prices capped for more than a decade. Such multi-year breakouts often signal a major shift in market sentiment and can lead to powerful trends.

From an Elliott Wave perspective, the stock appears to be running in the 5th wave of the larger 3rd wave — a phase where momentum can surprise even the strongest skeptics.

The longer the base, the stronger the potential move. Markets spend years preparing for moves that happen in months.

#StockMarket #TechnicalAnalysis #PriceAction #ElliottWave #WOCKPHARMA #Breakout #ChartAnalysis #SwingTrading #TrendFollowing #Investing #IndianStockMarket #StocksToWatch #Trader

[Equity Wisdom @equitywisdom]

#NSLNISP (#NMDC Steel) 51

A classic chart structure is taking shape here.

After finding strong support through a Triple Bottom formation, the stock has now delivered a clean W Pattern breakout — a sign that buyers are gradually taking control.

In technical analysis, the usual expectation after a successful W breakout is a move roughly equal to the depth of the pattern.

As long as the breakout zone holds, bulls remain in the driver's seat. Keep an eye on volume and price action for further confirmation.

#StockMarket #Trading #Investing #TechnicalAnalysis #PriceAction #ChartPatterns #Breakout #SwingTrading #StocksToWatch #IndianStockMarket #NSE #BSE #Trader #Investors #MarketAnalysis

[Equity Wisdom @equitywisdom]

#KILITCH 182

The larger structure suggests that the next 5th wave move towards new highs still pending. However, the market has one important hurdle to cross before that story unfolds.

Price is currently facing resistance at the middle line of the rising channel. This level has acted as a barrier in the past, and a decisive move above it could be the trigger for the next leg of the uptrend.

This is where price action becomes important. Rather than predicting the move, it's better to watch how the stock behaves around this resistance zone.

#StockMarket #TechnicalAnalysis #PriceAction #ElliottWave #ChannelBreakout #ChartAnalysis #SwingTrading #TrendFollowing #Investing #IndianStockMarket #StocksToWatch #KILITCH #NSE #BSE

[Equity Wisdom @equitywisdom]

#BAJAJCON 552

After spending nearly 11 years below a major resistance zone, #BAJAJCON has finally broken free and entered new All-Time High territory.

Long-term resistance levels are not broken easily. When a stock spends years building a base and then clears that ceiling, it often signals a significant shift in market sentiment.

From an Elliott Wave perspective, the stock appears to be progressing through the 3rd wave — typically the strongest and most dynamic phase of an uptrend, where momentum and participation tend to increase rapidly.

The longer the consolidation, the bigger the potential expansion. That's a principle that has repeated itself across market cycles.

#StockMarket #TechnicalAnalysis #PriceAction #ElliottWave #Breakout #AllTimeHigh #ChartAnalysis #SwingTrading #TrendFollowing #Investing #IndianStockMarket #StocksToWatch #BAJAJCON #NSE #BSE

[Equity Wisdom @equitywisdom]

#NAVINFLUOR 7129

currently trading near the upper boundary of an Expanding Triangle pattern while also appearing to be in the 5th wave of its larger Elliott Wave structure.

This is usually a stage where traders should focus more on risk management than excitement.

After a strong advance, the 5th wave often represents the final push of the trend before the market takes a breather. With price approaching the upper end of the pattern, the probability of a corrective phase increases.

#StockMarket #TechnicalAnalysis #PriceAction #ElliottWave #NAVINFLUOR #ExpandingTriangle #ChartAnalysis #SwingTrading #TrendFollowing #RiskManagement #Investing #IndianStockMarket #StocksToWatch #NSE #BSE

[Equity Wisdom @equitywisdom]

#NEPHROPLUS 597

Currently trading within a corrective wave and forming a triangle pattern. Such consolidations are often seen before a fresh directional move.

The key level to watch is the triangle breakout. A convincing breakout can signal that the correction is over and may mark the beginning of 5th wave.

This is where patience becomes important. The setup looks interesting, but confirmation matters more than anticipation.

#StockMarket #TechnicalAnalysis #PriceAction #ElliottWave #TrianglePattern #Breakout #ChartAnalysis #SwingTrading #TrendFollowing #Investing #IndianStockMarket #StocksToWatch #NSE #BSE

[Equity Wisdom @equitywisdom]

#CHEMBOND 185
One of the strongest signals in technical analysis is not just the breakout, but what happens after the breakout.

#CHEMBOND delivered a clean breakout with strong volume, showing aggressive buying interest. More importantly, when the stock came back to retest the breakout zone, the volume dried up significantly.

This is exactly what bulls like to see.

High volume on the breakout and low volume on the retest often indicate that sellers are losing strength while buyers remain in control.

From an Elliott Wave perspective, the stock appears to be progressing in the 3rd wave — usually the strongest and fastest-moving phase of an uptrend.

Price tells us where the stock is going, but volume tells us how serious the move is. In this case, both seem to be speaking the same language.

As long as the breakout zone holds, the trend remains constructive.

#StockMarket #TechnicalAnalysis #PriceAction #VolumeAnalysis #ElliottWave #Breakout #ChartAnalysis #SwingTrading #TrendFollowing #Investing #IndianStockMarket #StocksToWatch #NSE #BSE

[Equity Wisdom @equitywisdom]

#WHEELS 1575

Some breakouts are ordinary. Some take 8 years to build.

#WHEELS has finally broken out after a long consolidation and is now trading at a fresh All-Time High. Long-term breakouts like these often carry more weight because they reflect years of accumulation before the move begins.

What makes this chart even more interesting is the pattern structure. The stock first broke out of a large Symmetrical Triangle and inside that triangle was a classic Volatility Contraction Pattern (VCP).

In simple words, volatility kept shrinking, sellers kept losing strength, and price kept getting tighter. When the breakout finally came, it cleared both patterns together.

From an Elliott Wave perspective, the stock appears to be advancing in the 5th wave, where momentum-driven moves can often surprise the market.

The bigger the compression, the stronger the expansion. This chart is a perfect example of that principle.

When a stock breaks an 8-year range and enters price discovery, it deserves a place on every serious trader's watchlist.

#StockMarket #TechnicalAnalysis #PriceAction #ElliottWave #SymmetricalTriangle #VCP #VolatilityContractionPattern #Breakout #AllTimeHigh #SwingTrading #TrendFollowing #Investing #IndianStockMarket #StocksToWatch #NSE #BSE

[Equity Wisdom @equitywisdom]

#VIYASH 261

This is a great example of how technical patterns evolve within Elliott Wave structures.

A Cup & Handle breakout has broke out with strong 3rd Wave.

Price has already confirmed the breakout, and the next important level to watch is the All-Time High zone.

#StockMarket #TechnicalAnalysis #ElliottWave #PriceAction #CupAndHandle #Breakout #ChartAnalysis #SwingTrading #TrendFollowing #Investing #IndianStockMarket #StocksToWatch #NSE #BSE