http://www.youtube.com/c/iElliottician

Elliott Wave Analyst, Pune (2026)

22/08/2026

https://youtu.be/gmYv32W1Yhs

🚨 XAUUSD FOLLOW-UP | WAVE 5 CONFIRMED?

लगभग एक महीने पहले हमने Gold पर एक संभावित Wave 4 → Wave 5 scenario discuss किया था — लेकिन उस समय confirmation बाकी था.

अब 4,383 का important level break हो चुका है, और price ने हमारे long-scenario को confirmation दिया है. 📈

अब बड़ा सवाल है:

🔹 क्या Wave 4 complete हो चुकी है?
🔹 क्या हम अब Wave 5 में हैं?
🔹 क्या Wave 5 की शुरुआत में Leading Diagonal develop हो सकती है?
🔹 आगे Wave (iii), (iv) और (v) कैसे unfold हो सकती हैं?
🔹 और सबसे important — किस level के नीचे यह पूरा scenario invalid हो जाएगा?

इस video में हम इसी structure को detail में break down करेंगे और आगे के possible scenarios को समझेंगे.

🎯 Confirmation: 4,383
🛑 Invalidation: 3,942
📊 Focus: Elliott Wave Structure + Probability + Confirmation

Remember:

«“Trade the structure, not the story.”»

Warning⚠️
This analysis is for educational purposes only and is not financial advice.

21/08/2026

https://in.tradingview.com/chart/AUBANK/gQxiPoTH-Trend-Continuation-Is-Going-On-AUBANK/

🌊 **Trend Continuation Is Going On… | AUBANK**

AUBANK is showing a clear **Higher High (HH) + Higher Low (HL)** structure on the Daily timeframe, keeping the broader trend firmly bullish.

The chart is displaying a very clean sequence of:

**HH → HL → HH → HL → HH → HL → HH**

This is the basic language of an uptrend — buyers continue to push price to new highs, while corrections are finding support at progressively higher levels.

# # # 🔍 What the Chart Shows

🔹 The earlier **HH–HL structure** established the primary uptrend.

🔹 Each meaningful correction has held above the previous important swing low, maintaining the bullish market structure.

🔹 The recent decline toward the **₹959 zone** formed another **Higher Low** relative to the previous major swing low.

🔹 Price has now recovered strongly and is testing/breaking the previous **Higher High zone around ₹1,090–₹1,100**.

🔹 The blue projection illustrates the possibility of **continued upside after the breakout**, provided the bullish structure remains intact.

# # # 🎯 Key Level

**₹959 — Count Invalidation**

As long as price respects this level, the current bullish structure remains valid according to the drawing.

A decisive break below ₹959 would invalidate this particular bullish interpretation and require reassessment of the structure.

# # # 📈 The Bigger Picture

The important point here isn't simply the projected arrow.

⚠️ Disclaimer: This post is for educational purposes only and represents a personal technical-analysis interpretation. It is not financial or investment advice. Market structures and projections are probabilistic and can fail. Always do your own research and manage risk appropriately.

09/08/2026

https://youtu.be/nCGnQ8ReLCs?si=QKavkcnX291aUJc5

🚀 VEDL: Is a MASSIVE Wave 3 About to Begin? | Elliott Wave Analysis

Vedanta Ltd. (VEDL) is showing an interesting Elliott Wave structure on the Daily timeframe, and the current price action could be setting up for a potentially powerful move.

In this analysis, I break down the larger Elliott Wave structure and explain why the recent correction may represent Wave 2, with the possibility of a much larger Wave 3 developing from the current zone.

📊 KEY LEVELS & SCENARIO:

😎 Confirmation : Above 283
🔵 Current Zone: Around ₹279
🟢 Wave 2 Support Zone: Around ₹249–265
🚀 Potential Wave 3 Target: Around ₹1,193
📈 Projected Upside: Around +321%
🔴 Major Invalidation: ₹136.40

The chart shows a potential bullish structure where price has completed or is completing a corrective phase and could begin the next impulsive leg higher.

But remember — the bullish scenario is NOT confirmed simply because the Elliott Wave count looks attractive.

The important part is price confirmation.

I am watching the current zone carefully for evidence that Wave 2 has actually completed and that the next impulsive move is beginning.

⚠️ RISK / INVALIDATION:

For this particular Elliott Wave scenario, ₹136.40 is marked as the major invalidation level.

If price violates the structure significantly, this bullish wave count would need to be reconsidered.

🎯 WHY THIS SETUP IS INTERESTING:

If the structure develops as expected, Wave 3 could potentially become the strongest and most extended portion of the entire move.

The projected target shown on the chart is around ₹1,193, representing a theoretical upside of approximately 321% from the measured reference zone.

However, this is a scenario based on Elliott Wave analysis — NOT a guaranteed target or prediction.

08/08/2026

https://youtu.be/IcGbqgOejjo?si=lhteJW9JIoGXVs9x

⚡ REC LTD (REC) | ELLIOTT WAVE ANALYSIS | BIG MOVE AHEAD?

REC Ltd. is showing an interesting long-term Elliott Wave structure, with the stock potentially preparing for the next major impulsive move.

In this analysis, we look at the larger Elliott Wave count, the recent correction, key support levels, confirmation level, invalidation level and potential upside targets.

📊 CURRENT SETUP

REC is currently trading around the ₹367 zone and appears to be developing a potential Wave 4 correction within the larger bullish structure.

The key question now is whether the correction has completed and REC is ready to resume its larger upward trend.

🟢 CONFIRMATION LEVEL — ₹388

₹388 is the most important level to watch for confirmation.

A sustained move above ₹388 would provide confirmation for the bullish/long scenario and increase the probability that REC has completed its corrective phase and is beginning the next impulsive move.

Until ₹388 is reclaimed, the setup remains a potential scenario rather than a confirmed breakout.

🎯 TARGET 1 — ₹654

Once the bullish structure is confirmed above ₹388, the first major upside objective discussed in the analysis is around ₹654.

This would represent a significant move from the current price zone.

🚀 TARGET 2 — ₹3,620

The larger Elliott Wave structure suggests a much bigger long-term possibility, with the extended target zone around ₹3,620.

This is a long-term Elliott Wave projection and should NOT be interpreted as a guaranteed price target.

🔴 INVALIDATION — ₹303

₹303 is the important invalidation level for this bullish scenario.

If price breaks below ₹303, the current Elliott Wave interpretation would require reassessment and the bullish setup shown in this analysis would be invalidated.

📈 BIGGER PICTURE

The chart suggests that REC may be developing within a much larger impulsive Elliott Wave structure, with the current correction potentially representing Wave 4 before a larger Wave 5 / higher-degree advance.

The important sequence to watch is:

₹303 → Invalidation
₹367 → Current zone
₹388 → Bullish confirmation
₹654 → First major target
₹3,620 → Long-term projected target

⚠️ IMPORTANT

Elliott Wave analysis is based on probability and market structure, not certainty.

The bullish scenario becomes stronger only after the required confirmation. Always manage risk and never trade solely because a projected Elliott Wave count looks attractive.

This video is for educational purposes only and is not financial advice.

👇 Watch the complete analysis to understand:
• The complete Elliott Wave count
• Why ₹388 is important
• How the Wave 4 correction is being interpreted
• The ₹303 invalidation level
• The potential ₹654 target
• The long-term ₹3,620 projection
• What could confirm the next major move

Ask

02/08/2026

🌊 Super Beautiful Converging Triangle | HDFCAMC | Elliott Wave Analysis

https://in.tradingview.com/chart/HDFCAMC/rj70pfiS-Beautiful-Converging-Triangle-HDFCAMC-Elliott-Wave-Analysis/

A textbook Converging Triangle (ABCDE) appears to be developing in HDFCAMC. The structure is clean, respects both trendlines, and is unfolding exactly as an Elliott Wave triangle should.
As drawn, the market has already completed Wave A, B, C and D, while Wave E is expected to complete near the lower rising trendline before the next impulsive move begins.

Chart Breakdown:-
🔹 Wave A formed the first decline and established the lower boundary of the triangle.
🔹 Wave B rallied back to the upper trendline but failed to make a new trend high, respecting the contracting resistance.
🔹 Wave C declined again while remaining above the origin of Wave A, maintaining the converging structure.
🔹 Wave D once again tested the upper boundary and respected the falling resistance trendline.
🔹 Wave E is projected to finish near the rising support trendline around the marked demand zone. In Elliott Wave, the final leg of a triangle often ends with reduced momentum before the breakout.

What Happens Next?
If Wave E completes as projected, the triangle should finish and a strong bullish breakout may begin.
The blue projection illustrates the expected sequence:
Complete Wave E.
Break above the triangle resistance.
Cross the confirmation level near ₹2,838.4.
Continue higher as buying momentum expands after the triangle resolves.
Triangles usually represent continuation patterns, meaning the breakout often resumes the direction of the larger trend once the correction is complete.

Key Levels:-
✅ Confirmation: Sustained breakout above ₹2,838.4 strengthens the bullish scenario.
❌ Invalidation: A decisive breakdown below ₹2,380.8 invalidates this triangle count and requires a fresh wave interpretation.
As always, Elliott Wave is a probability-based framework. The market confirms the count—not our expectations.
————
What do you think? Is HDFCAMC preparing for a classic post-triangle rally? 🌊

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📌Disclaimer:
This analysis is shared purely for educational purposes and reflects my personal Elliott Wave interpretation. It is not financial or investment advice. Elliott Wave analysis is probabilistic in nature and multiple valid wave counts can exist simultaneously. Always wait for confirmation, manage your risk properly, and do your own research before taking any trade.

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27/07/2026

🌊 NIFTY: Double Zigzag (WXY) Correction | Converging Triangle Developing in Wave X

https://in.tradingview.com/chart/NIFTY/HmjZSC5W-NIFTY-Double-Zigzag-WXY-Correction-Converging-Triangle-in-X/

NIFTY appears to be unfolding a Double Zigzag (WXY) corrective structure. The first corrective leg, Wave W, has already completed as a Single ABC Zigzag, setting the stage for the current Wave X.

According to this wave count, Wave X is developing as a Converging Triangle (ABCDE). At present, waves (a), (b), (c), and (d) appear to be complete, while wave (e) is expected to be the final leg before the triangle finishes.

The triangle remains valid as long as price continues to respect its converging boundaries. However, there are two important invalidation conditions to monitor:

👉 Upper Invalidation: A sustained move above 24,532 before completing wave (e) would invalidate the current triangle structure.

👉 Lower Invalidation: If price falls below 23,069 before forming wave (e), this triangle scenario also becomes invalid, suggesting that Wave X may have already ended or an alternate correction is unfolding.

If the triangle completes successfully with wave (e), the next move would likely be the beginning of Wave Y of the larger WXY correction.

One important point to remember is that Wave Y is itself a corrective wave, meaning it does not have to be a simple zigzag. It can develop in several different corrective forms, including:

• Single, Double or Triple Zigzag
• Regular, Expanded or Running Flat
• Converging, Expanding, Barrier or Running Triangle
• Complex Combinations such as WXY or WXYXZ

This is why Elliott Wave analysis should always remain flexible. While the larger roadmap may be identified, the exact internal structure of the next corrective wave is confirmed only as price unfolds.

For now, NIFTY remains inside a contracting corrective pattern. The completion of wave (e) will be the key event to watch before expecting the next significant move.

Key Levels:

🔴 24,532 → Upper invalidation for the current triangle scenario.
🔴 23,069 → Lower invalidation if broken before wave (e) completes.

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⚠ Disclaimer:
This analysis is for educational purposes only and represents one possible Elliott Wave interpretation. Always wait for price confirmation and manage risk appropriately.

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25/07/2026

🔻 BNF: 57,000 to 48,000? 👇| Elliott Wave Says Watch This! 👀

https://youtu.be/7iuVKokBLHg

Is Bank Nifty preparing for a major corrective move?

In this video, I break down the weekly Bank Nifty chart using the Elliott Wave Principle and explain why the current structure suggests that Wave C could be unfolding.

In this video, you'll learn:
✅ Why the recent rally looks corrective
✅ Key resistance zone around 57,700–58,700
✅ Why the bullish channel breakdown is important
✅ Wave C target near 48,000
✅ Elliott Wave count explained step by step
✅ Risk management and invalidation level
✅ How to think in probabilities instead of predictions

⚠️ Important:
This is an educational analysis based on Elliott Wave principles. Markets are probabilistic, not certain. Always wait for confirmation and manage your risk.

If this analysis helps you understand the market better, don't forget to:
👍 Like the video
💬 Share your opinion in the comments
🔔 Subscribe for regular Elliott Wave Analysis, Trading Psychology, and Market Structure videos.

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Disclaimer
This video is for educational purposes only and should not be considered investment or trading advice. Please consult your financial advisor before making any investment decisions. I am not SEBI registered. Trade at your own risk.

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23/07/2026

🌊 Understanding the Internal Structure of an Elliott Wave Converging Triangle (ABCDE)

https://in.tradingview.com/chart/NIFTY/VjAixkFm-Internal-Structure-of-a-Converging-Triangle-ABCDE/

A Converging Triangle is one of the most recognizable Elliott Wave corrective patterns. It consists of five legs labelled (A)-(B)-(C)-(D)-(E), with each swing becoming progressively smaller as price contracts between two converging trendlines.

As illustrated in the chart, the triangle develops after a strong impulsive move and typically appears in Wave 4 of an impulse or Wave B/Y/X of a corrective structure. Once the triangle is complete, the dominant trend usually resumes with a sharp thrust out of the pattern.

📌 Internal Structure :-

Unlike an impulse wave, every leg of a triangle is corrective.

One important point many traders overlook is that each leg—(A), (B), (C), (D), and (E)—does not have to be a simple Zigzag.

As shown in the diagram, any leg can unfold as:

Single Zigzag (ABC) → 5-3-5
Double Zigzag (WXY) → 3-3-3
Triple Zigzag (WXYXZ) → 3-3-3-3-3

This flexibility is one of the reasons triangle analysis often confuses traders. The market may continue extending one leg into a Double or Triple Zigzag before moving to the next swing, while still respecting the converging boundaries.

📈 Market Psychology :-

Each swing inside the triangle represents a battle between buyers and sellers.

(A) begins the contraction.
(B) retraces but fails to continue the previous trend.
(C) reverses again with reduced momentum.
(D) produces another smaller corrective swing.
(E) completes the final contraction, leaving the market compressed and ready for expansion.

Notice how every swing becomes smaller, reflecting declining volatility and increasing indecision.

🚀 What Happens Next?

Once Wave (E) is complete, the triangle usually ends with a powerful thrust in the direction of the larger trend.

This thrust is often fast because the market has spent considerable time building energy inside the contracting range.

⚠️ Key Takeaway :-

A Converging Triangle is not a continuation of the trend itself—it is a pause before continuation.

The most important concept is to focus on the internal structure of each leg, rather than assuming every swing is identical. Correctly identifying whether a leg is a Single Zigzag, Double Zigzag, or Triple Zigzag can significantly improve wave counts and help avoid premature trading decisions.

***********************************************************************
Warning ⚠
This post is for educational purposes only and should be combined with proper risk management and confirmation from price action before making trading decisions.

***********************************************************************

22/07/2026

Truncation (Truncated Fifth) – When 5th Wave Fails to Exceed 3rd Wave 🌊

https://in.tradingview.com/chart/SENSEX/vjaKX8Yu-Truncation-Truncated-Fifth-When-5th-Fails-to-Exceed-3rd/

A Truncation (or Truncated Fifth) occurs when Wave 5 completes with all five internal sub-waves but fails to move beyond the end of Wave 3. This is a rare Elliott Wave pattern that signals an extremely strong opposing force entering the market.

This chart illustrates both bullish and bearish truncation scenarios.

🟢 Bull Market Truncation :-
In a bullish trend, the market advances with a normal five-wave impulse.

Wave (1) rallies with 5 internal waves.
Wave (2) forms an ABC correction.
Wave (3) extends strongly and becomes the dominant impulse.
Wave (4) corrects the advance.
Wave (5) also develops with five internal sub-waves, but fails to break above the top of Wave (3).

This inability to make a new high is called Bull Market Truncation.

Although Wave (5) contains a complete five-wave structure internally, the overall advance is weaker than expected, showing that buyers are losing momentum while sellers are gradually taking control.

🔴 Bear Market Truncation :-
The same principle applies in reverse during a bearish trend.

Wave (1) declines with five waves.
Wave (2) corrects upward as an ABC pattern.
Wave (3) produces the strongest decline.
Wave (4) retraces the move.
Wave (5) again unfolds in five internal waves, but fails to move below the end of Wave (3).

This creates a Bear Market Truncation, indicating that selling pressure is fading and buyers are beginning to absorb the decline.

⚠️ The Most Important Rule :-

Many traders mistakenly identify any weak fifth wave as a truncation.

That is incorrect.

A valid truncated fifth must still contain five internal sub-waves.

✔ Wave 1 → 5 sub-waves
✔ Wave 3 → 5 sub-waves
✔ Wave 5 → 5 sub-waves

A truncated fifth does not become a three-wave correction simply because it failed to make a new extreme.

📌 Trading Insight :-

A truncation often appears near the end of a mature trend and warns that the current trend is exhausting itself.

When confirmed, it frequently precedes:

A sharp reversal,
A larger corrective phase,
Or the beginning of a new trend in the opposite direction.

Because truncations are relatively uncommon, they should always be confirmed with proper Elliott Wave structure and other technical evidence rather than assumed solely because Wave 5 failed to make a new high or low.

*********************************************************

Warning ⚠
Educational purpose only. Always combine Elliott Wave analysis with sound risk management and confirmation from price action.

*********************************************************

21/07/2026

The Fractal Nature Of Elliott Wave [-_-]

https://in.tradingview.com/chart/NIFTY/c3tvZ631-The-Fractal-Nature-Of-Elliott-Wave/

One of the most fascinating aspects of Elliott Wave Theory is its fractal nature.
The same wave principles repeat across all timeframes—from Monthly and Daily charts down to Intraday charts like the 15-minute timeframe.

This chart demonstrates how a larger degree wave on the Daily timeframe can be broken down into smaller Elliott Wave structures on the 15-minute timeframe.

📈 Daily Timeframe :-

On the higher timeframe, the market is progressing through a standard five-wave impulsive structure.

Wave (1): Initial advance.
Wave (2): Corrective pullback.
Wave (3): Strong impulsive rally.
Wave (4): Corrective consolidation.
Wave (5): Final impulsive leg expected to complete the higher-degree trend.

At this level, the market appears simple, showing only the major swings.

⏱️ 15-Minute Timeframe :-

Zooming into the same market reveals that each higher-degree wave is composed of smaller Elliott Wave patterns.

For example:

The larger Wave (2) is not just a single decline—it unfolds as an ABC corrective pattern.
Once that correction is complete, a new impulsive sequence begins with 1-2-3-4-5, contributing to the larger Wave (3).
The process repeats again, with smaller impulses and corrections building the higher-timeframe trend.

This is the essence of market fractals.

🔍 Why Multi-Timeframe Analysis Matters :-

Understanding this fractal behavior allows traders to:

Identify the larger market trend on higher timeframes.
Wait for smaller corrective structures on lower timeframes.
Improve trade timing by entering after lower-timeframe corrections complete.
Align short-term trades with the dominant higher-timeframe trend.

[b]Instead of treating every timeframe independently, Elliott Wave encourages traders to view them as different degrees of the same market structure.[/b]

💡 Key Takeaway :-

Markets don't create different patterns on different timeframes.
They simply repeat the same Elliott Wave structure at different scales.

A complete five-wave move on a Daily chart is built from many smaller impulsive and corrective waves on lower timeframes. Recognizing this relationship helps traders combine trend direction with precise entries, making multi-timeframe analysis one of the most powerful applications of Elliott Wave Theory.

Warning ⚠
Educational purposes only. This chart illustrates the fractal nature of Elliott Wave Theory and is intended to help traders understand how wave structures repeat across multiple timeframes.

Elliott Wave Analyst

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