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AI-Powered • Real-Time • 4,200+ Symbols

Decode
Market
Waves.

Professional Elliott Wave analysis engine — scanning NSE, BSE, Crypto, Forex & US markets. Find the edge before the move begins.

NIFTY50 · 1H · ELLIOTT WAVE OVERLAY
SCANNING LIVE
100% 61.8%
Symbols Scanned
4,200+
NSE·BSE·CRYPTO·FOREX·US
Active Setups
427
Live patterns now
Accuracy
87.4%
Backtested 2010–2025
Scanners
14
All EW patterns
Timeframes
9
1m → Monthly

// Platform Features

Everything you need
to trade the waves.

🤖
AI Wave Detection
ML trained on 100k+ historical patterns. Auto-identifies all impulse and corrective structures.
📡
Real-Time Alerts
SMS, email & push the moment a high-confidence wave setup appears on your watchlist.
📐
14 Scanner Types
Wave 3 Breakout, Ending Diagonal, Zigzag, Triangle, Double Three & 9 more patterns.
🌏
4 Global Markets
NSE/BSE, Crypto, Forex & US (NYSE/NASDAQ) — 4,200+ instruments in one dashboard.
🎯
Fib Target Projection
Auto-calculates 1.618x, 2.618x price targets for every detected wave before it completes.
📊
TradingView Charts
Full TradingView advanced chart with all indicators, tools and custom intervals built-in.
🔗
Broker Integration
Zerodha, Angel One, ICICI Direct, Interactive Brokers & Binance via direct API.
🎓
Online Course
Full Elliott Wave mastery course — from basics to advanced patterns & live trading setups.

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// OUR SERVICES

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// Pricing Plans

Start reading
the market's language.

NSE F&O Elliott Wave scanner · AI signals · FII data · All timeframes

Professional
₹2,499/mo
Billed monthly · 14-day free trial
  • 500 symbols (NSE/BSE only)
  • 5 core scanner types
  • Daily & 4H timeframes
  • Basic Fibonacci tools
  • Email alerts only
  • TradingView basic chart
Professional
₹2,499/mo
Billed monthly · 14-day free trial
  • 2,000+ symbols all markets
  • All 14 scanner types
  • All 9 timeframes (1m–Monthly)
  • Full Fibonacci suite & projections
  • SMS + Push + Email alerts
  • Wave degree correlation
  • Backtesting engine (15yr data)
  • TradingView advanced chart
Institutional + Course
₹7,499/mo
Billed monthly · Includes EW course
  • All 4,200+ global symbols
  • API access & custom rules
  • Broker API integration
  • Team seats (5 users)
  • Full Elliott Wave Online Course
  • Dedicated analyst support
  • Telegram & WhatsApp signals
  • White-label option
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// Elliott Wave — Complete Guide

Theory, Rules,
Guidelines & Patterns

Ralph Nelson Elliott (1871–1948) discovered that stock market prices unfold in specific patterns. These patterns reflect investor psychology and repeat at every scale of trend.

THE COMPLETE 5-3 WAVE CYCLE
0 1 2 3 4 5 A B C IMPULSE CORR. LONGEST CORRECTION B retraces 38–62% of A W5 high A low Impulse (1,3,5) Corrective (2,4) Wave 5 Wave A Wave B Wave C
// The 3 Absolute Rules
RULE 01 — WAVE 2
Never Retraces Wave 1 Fully
Wave 2 corrects Wave 1 but can NEVER retrace 100% or more of Wave 1. If it does, the wave count is incorrect and must be re-labeled.
RULE 02 — WAVE 3
Never the Shortest Impulse
Wave 3 is never the shortest among Waves 1, 3, and 5. It is almost always the longest and the most powerful with high volume.
RULE 03 — WAVE 4
No Price Overlap with Wave 1
Wave 4 cannot enter the price territory of Wave 1 in a standard impulse. An exception exists only in Diagonal Triangle patterns.
CORRECTIVE — WAVE B
B Never Exceeds Wave 5 High
In a standard ABC correction, Wave B is a counter-trend bounce that retraces 38%–78% of Wave A. It must NOT exceed the origin of Wave A (Wave 5 high in a bull market).
// Guidelines (Not Rules)

Trading Guidelines

🔄
Principle of Alternation
If Wave 2 is sharp (zigzag), Wave 4 will be sideways (flat or triangle) — and vice versa. This helps anticipate the correction type before it forms.
📏
Wave 3 Extension
Wave 3 is most commonly 161.8% of Wave 1. Extended Wave 3s can reach 261.8% or even 423.6% of Wave 1 in strong trending markets.
🎯
Wave 4 Target Zone
Wave 4 typically retraces 23.6%–38.2% of Wave 3. The 4th wave frequently ends near the price territory of the prior Wave 4 of one lower degree.
⚖️
Wave 5 & Equality
Wave 5 is often equal in length to Wave 1, or travels 61.8% of the distance covered by Waves 1 through 3. Watch for momentum divergence at Wave 5 tops.
🌊
Fibonacci Relationships
Elliott Wave and Fibonacci are inseparable. Every wave has a Fibonacci relationship to its adjacent wave — retracements of 38.2%, 50%, 61.8% and extensions of 100%, 161.8%, 261.8%.
// Elliott Wave Patterns

All EW Patterns

1 2 3 4 5
Standard Impulse
The classic 5-wave motive pattern driving the primary trend. Waves 1, 3, 5 are impulses; Waves 2, 4 are corrections. Wave 3 is always the strongest.
MOTIVE
A B C 5-wave 3-wave 5-wave
Zigzag (5-3-5)
Sharp corrective pattern (5-3-5). Wave B retraces less than 75% of A. Wave C usually equals Wave A. Common in Wave 2 corrections.
CORRECTIVE
A B C
Flat (3-3-5)
Sideways correction (3-3-5). Wave B retraces nearly 100% of Wave A. Common in Wave 4. Three sub-types: Regular, Expanded, Running Flat.
CORRECTIVE
ABCDE
Triangle (3-3-3-3-3)
Five 3-wave structures (ABCDE) forming converging trendlines. Contracting, Expanding, Ascending and Descending types. Appears in Wave 4 or Wave B.
TRIANGLE
12345
Ending Diagonal (Wedge)
A wedge-shaped pattern with overlapping waves appearing at the end of Wave 5 or Wave C. Signals trend exhaustion and impending sharp reversal.
REVERSAL
W X Y
Double Three (W-X-Y)
Two corrective patterns connected by an X wave. Complex correction that takes more time and can mislead traders expecting trend resumption.
COMPLEX
// Fibonacci Ratios

Key Levels

23.6%
Wave 4 shallow
38.2%
Waves 2 & 4
50.0%
Mid retracement
61.8%
Wave 2 ideal
78.6%
Deep correction
161.8%
Wave 3 extension
261.8%
Wave 3 extreme
// Wave Degrees

Degree Reference

DegreeDurationTimeframe
Grand Supercycle100–200 yrsSecular
Supercycle40–70 yrsQuarterly
Cycle1–10 yrsMonthly
PrimaryMonthsWeekly
IntermediateWeeksDaily
MinorDays4H–1D
MinuteHours1H–4H
MinuetteMinutes15m–1H
SubminuetteSeconds1m–5m
// Online Courses

Master Elliott Wave
with Gaurav's Courses

Structured learning from beginner to advanced level — with live chart examples, recorded sessions & personal mentorship from a seasoned EW practitioner.

BEGINNER → INTERMEDIATE
Elliott Wave Foundations
& Practical Trading
₹7,499/lifetime access
Complete foundation course covering all EW theory, rules, guidelines, corrective patterns, Fibonacci application and real trade setups on NSE & Crypto markets.
  • Module 1 — Elliott Wave History & Basics
  • Module 2 — Impulse & Motive Waves
  • Module 3 — Corrective Patterns (ABC, Flat, Triangle)
  • Module 4 — Fibonacci in EW Trading
  • Module 5 — Wave Counting on Live Charts
  • Module 6 — Trade Setups & Risk Management
  • 30 recorded sessions + PDF workbook
  • 30-day Telegram support group access
ADVANCED · LIVE MENTORSHIP
Advanced EW &
Institutional Flow Analysis
₹7,499/month (Institutional Plan)
Monthly subscription that combines the WaveEdge Institutional scanner with live mentorship sessions, real-time Telegram signals and custom wave counts shared daily.
  • Daily wave count updates via Telegram
  • Weekly live chart session (Zoom)
  • Advanced diagonal & complex correction setups
  • Multi-degree count analysis
  • Institutional plan scanner access (all markets)
  • Direct WhatsApp access to Gaurav
  • API & broker integration support
  • Team access (5 users)
Questions about the course?
WhatsApp or Telegram Gaurav directly — usually replies within 30 minutes.
Live TradingView Chart
Opens full chart on TradingView — all symbols, all indicators
or type any symbol below and open
PREFERRED INTERVAL:
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NSE, BSE and many exchange symbols are restricted by TradingView and cannot be embedded on external websites without a paid data license. Clicking any symbol opens the full TradingView advanced chart in a new tab — giving you all indicators, drawing tools, replay mode, alerts and every feature, with no restrictions.
// Popular Symbols — Click to Open Chart
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// DAILY WAVE ANALYSIS
Wave Counts
Updated daily by Gaurav · 20 years Elliott Wave experience · @ewagaurav
TODAY'S ANALYSIS
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// RECENT ANALYSIS
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// ABOUT WAVEEDGE
About WaveEdge
Elliott Wave Intelligence · New Delhi, India
G
Gaurav Malhotra
Founder and Lead Analyst · WaveEdge · @ewagaurav
20+ years of Elliott Wave analysis experience. Based in New Delhi, India. Gaurav has been tracking NSE and BSE markets using Elliott Wave theory since the early 2000s — identifying key turning points across indices, F and O stocks and commodities.

SEBI Research Analyst registration in process. All analysis is shared for educational purposes and is strictly not investment advice.
@ewagaurav Telegram WhatsApp +91-77158-58526
// WHAT IS WAVEEDGE
WaveEdge is a financial education and market analysis platform focused on Elliott Wave theory applied to Indian stock markets (NSE/BSE). We provide daily wave count analysis, educational content, and analytical tools to help traders understand market structure.

WaveEdge is a proprietorship business registered under Udyam No. UDYAM-DL-11-0157089, based in New Delhi, India.
📡
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SEBI DISCLAIMER
WaveEdge is a financial education platform. All analysis, wave counts, and market observations published here are strictly for educational purposes only and do not constitute investment advice or buy/sell recommendations. Gaurav Malhotra is in the process of registering as a SEBI Research Analyst. Trading in equities and derivatives involves substantial risk. Please consult a SEBI-registered investment advisor before making any investment decisions.
// GET IN TOUCH
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// BUSINESS DETAILS
BUSINESS NAME
WaveEdge
PROPRIETOR
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UDYAM NUMBER
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LOCATION
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PHONE / WHATSAPP
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// LEGAL
Privacy Policy
Last updated: May 2026 · WaveEdge · waveedge.in
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