Elliott Wave Theory Simplified | Elliott wave analysis | Chart patterns

Apurva Sheth and Ashish Kayl are back together after almost a year. In today’s episode, they
will discuss how to simplify Elliott wave analysis and chart patterns.
Ashish starts the episode with a simple explanation of the Elliott wave. The Elliott Wave Theory
is used to describe price movements in the form of waves. He suggests applying the Elliott wave
strategy on any timeframe of your choice. The first five waves forward are called impulse
patterns, and the three steps backward are called the corrective pattern.
Ashish explains Elliot Waves in detail by showing the charts of the following patterns:
1) Impulse pattern
2) Diametric pattern
3) Triangle pattern
He also suggests that a combination of the Elliott Wave and Hurst’s Time Cycle can give you an
an amazing perspective on the market.
We're certain that this video will help you time the market in a better way and generate more
profits.
Do watch and comment below.

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About Ashish Kyal
Ashish Kyal is the Founder of Waves Strategy Advisors. He has been guiding market
participants with his research over the last ten years. He pursued engineering before completing
his MBA. He is also a Chartered Market Technician (CMT).
He started his career with well-known investment banks like Nomura and Lehman Brothers. He
is a frequent speaker on major business news channels. His market insights are published in
newspapers too.
He has even co-authored a book titled 'Effective Trading in Financial Markets Using Technical
Analysis. He also conducts seminars and training sessions in management colleges.
Ashish has vast experience in analyzing world equities, currency, and commodity markets. He
specialized in using techniques like Elliott waves and time cycles.

About The Right Choices with Oracles of Dalal Street :
The Right Choices with Oracles of Dalal Street is hosted by Apurva Sheth. He is the Head of Market Perspectives & Research at Samco. He has more than 11 years of experience in financial markets. Our show focuses on curating actionable and insightful strategies from real-world stock market heroes. Our guests have been successful in markets and are willing to share their insights with you.

Tune in to The Right Choices with Oracles of Dalal Street every Saturday at 11 am on our YouTube channel.

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