@iAmitKumar Profile picture

Amit Kumar Pandit

@iAmitKumar

Swing Trader | Charting the market with a blend of Elliott Wave analysis and price action trading. A web developer turned market enthusiast. SEBI Unregistered.

Joined June 2011
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Join the t.me/ElliottSwingTr… community for in-depth discussions on technical analysis, Elliott Waves, and Swing Trading. Disclaimer: This channel is strictly for educational purposes and does not provide financial advice or trade recommendations. All content shared here is…


What a luck!! 🤣🤣


Here's the nifty chart! Again, it's moving as we've expected. Look at the decline from the "B wave" mark. Maximum it can go 50%, and if B is making a triangle we can touch even 61.8%. Once it crosses over 24738, the view will be invalidated, and we'll count it as an impulsive…

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Nifty is also moving in our direction as expected as of now! I see nifty max at 25100. Sell on rise will be inevitable here. #nifty #nifty50 #StockMarket #StockMarketIndia #Elliottwave

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Banknifty is playing dot-to-dot without any changes in count so far! I've marked the further levels for the Y. View will be invalidated above 52885. #banknifty #Niftybank #stockmarketcrash #bankniftycrash #BankNiftyOptions #Nifty50 #nifty

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As expected banknifty bounced back sharply from our support to the mentioned level. 61.8% is the final expected destination for the banknifty. Playing dot-to-dot as of now. My selling view will be invalidated only above 61.8% (52885). Would love if you spread a word by…

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Nifty is also moving in our direction as expected as of now! I see nifty max at 25100. Sell on rise will be inevitable here. #nifty #nifty50 #StockMarket #StockMarketIndia #Elliottwave

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Nifty50 on DTF; Currently undergoing a classic zigzag correction on the daily timeframe. The potential target for wave A is 23,189 (61.8% fib retracement of the prior leg) Wave B can retest until 25101 (61.8% fib retracement of wave A). We might again see a sharp decline toward…

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As expected banknifty bounced back sharply from our support to the mentioned level. 61.8% is the final expected destination for the banknifty. Playing dot-to-dot as of now. My selling view will be invalidated only above 61.8% (52885). Would love if you spread a word by…

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#Banknifty chart is fixed with clear targets for X.

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More than 4% drop in gold price as expected! I still expect more downside! #Gold #commodities

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Gold is possibly doing a flat correction on a weekly chart. I'll revise my counts only if its manages to sustain above 2892. #Gold

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Looks like a flat correction is almost over in Gulf Oil on DTF. Took support at 138%. In worst case it can do 946. But as of now it looks divergent on the daily chart. Price might lead from here and onwards. #Gulfoillub #nifty #StockMarket #StockMarketIndia

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Gulf oil lubricants views bro



Gold is possibly doing a flat correction on a weekly chart. I'll revise my counts only if its manages to sustain above 2892. #Gold

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@iAmitKumar please review your gold post, Gold will turn bearish or will move to all time high..👀



Here's the Adani Power weekly chart analysis! It looks like we're in the first leg of an ABC correction. We need to be cautious below 420. This correction might last longer. This is not financial advice. For educational purposes only — Always do your own research before…

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Sir can you please share adani power graph?



Here you go brother! Adani enterprises chart daily chart analysis. Looks like it is doing a flat correction. I expect a minimum 61.8% (1777) correction here. We’re possibly in a 3rd wave of higher degree C wave. I expect this correction to be completed by the mid Feb-March 2025…

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Can u check Adani enterprises charts.. doing c of correction..? In which wave it could be in .. on daily tf.. Thanks. ✨ @iAmitKumar



Our target in Indian Hotels Co. has been hit now. #indhotel #nifty #banknifty #midcapnifty #stockmarket

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The Indian Hotels Co. LTD. can do 779 in the upcoming weeks. Above that, we need to be cautious. It must sustain above 729 for 779. #Indhotel #Nifty50 #Niftybank

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We've almost hit our minimum required destination for the 5th of C of (Y) down in Nifty as expected. Now what do you guys think? Are we done here or we'll hit 23014 too in upcoming days? #Nifty #NiftyBank #NiftyCrash #StockmarketCrash #AdaniGroup #AdaniGroupStocks #AdaniBribe

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I told you guys! 2732 is an important resistance! I hope you are not surprised. 🙏😃 #Nifty50 #Banknifty #NiftyCrash #Stockmarketcarsh

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I've marked some important levels for Nifty this week. Two levels are important: 23245/23014. We might see a reversal from these levels. #Nifty50 #StockmarketIndia

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I told you guys! 2732 is an important resistance! I hope you are not surprised. 🙏😃 #Nifty50 #Banknifty #NiftyCrash #Stockmarketcarsh

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I told you guys! 2732 is an important resistance! I hope you are not surprised. 🙏😃 #Nifty50 #Banknifty #NiftyCrash #Stockmarketcarsh

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In Nifty50 23732 is a crucial resistance.



In Nifty50 23732 is a crucial resistance.


With the recent market volatility, what's your preferred strategy for stocks right now?🤔 A. Accumulate quality stocks for the long term. B. Stay on the sidelines and monitor the market.


Indeed!! 🔥 Remember, true wealth comes from wise decisions, not reckless trades. As the saying goes, ‘Quality over quantity’ 🙌

Trading isn’t a hobby or a lottery; it’s 90% waiting. Good things come to those who trust the process and stay patient.



Bandhan Bank has now hit the support level that was anticipated. I had identified the support at 165, and indeed, it's now at that level. It appears that the correction might be nearing its end. Here's hoping it holds above this support level. Should it fall below, we can expect…

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There are two major support in #bandhanbank I expect reversal from 165 level. Very important that you all manage your risk accordingly. Broader market is experiencing huge sell-offs. If it doesn’t sustain above 165 than 132 is confirmed.

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