Elliott Wave AI Scanner — NSE · BSE · Crypto · Forex

Elliott Wave AI Scanner
for NSE Traders
Who Want the Edge

WaveEdge is India's most advanced Elliott Wave AI scanner for NSE — automatically detecting Wave 3 breakouts, ABC corrections, and Fibonacci price targets across NIFTY, BANKNIFTY, and 4,200+ instruments. No manual wave counting. No guesswork.

Start Free 14-Day Trial → See Live Scanner
4,200+
Instruments
14
Wave Scanners
9
Timeframes
87.4%
Pattern Accuracy
// HOW IT WORKS

How the Elliott Wave Scanner Works

From raw price data to a high-confidence wave setup in under 3 seconds — here is the engine behind every signal.

📡

Real-Time Data Feed

WaveEdge pulls live OHLCV data from Upstox API across 9 timeframes — from 5-minute intraday to monthly charts — for every NSE, BSE, Crypto, and Forex symbol.

🧠

AI Wave Labeling

Our ML model — trained on 100,000+ historical NSE candle sequences — labels wave structures and identifies where each symbol is in its Elliott Wave cycle right now.

📐

Fibonacci Projection

Once a wave count is confirmed, WaveEdge auto-projects Fibonacci targets at 1.272x, 1.618x, 2.618x of Wave 1 — giving you precise entry and exit prices before the move.

⚡

MACD Confirmation

Every wave setup is confirmed with a MACD zero-line crossover signal across 6 timeframes — monthly, weekly, daily, 75-min, 15-min, and 5-min — for multi-timeframe confluence.

// LIVE EXAMPLE

Wave 3 Breakout — NIFTY 50

A real-time example of how WaveEdge identifies a Wave 3 setup on NIFTY with Fibonacci targets and MACD confirmation.

NSE:NIFTY · Wave 3 Breakout Setup SCANNING LIVE
[ REPLACE WITH ANNOTATED NIFTY CHART IMAGE ]
Filename: elliott-wave-ai-scanner-nse-nifty-wave3-setup.png
Alt: "NIFTY Elliott Wave 3 breakout with Fibonacci target projection"
① Wave 1: 21,800 → 23,200 ② Wave 2: Retracement 61.8% ③ Wave 3 Target: 25,460 (1.618x)
①②
WAVES COMPLETE
23,180 confirmed
③
IN PROGRESS
Target 25,460
④⑤
PROJECTED
26,800 ext.
FIBONACCI EXTENSION TARGETS — NIFTY WAVE 3
100%
24,600
127.2%
24,980
161.8% ★
25,460
261.8%
26,840
💡 Pro tip: The highest probability trade is entering Wave 3 after Wave 2 retraces to the 61.8% Fibonacci level with MACD turning positive. → Learn Elliott Wave Theory →
// 14 SCANNER TYPES

Every Wave Pattern — Auto-Detected

WaveEdge's Elliott Wave AI scanner covers all 14 major Elliott Wave patterns, from the most common impulse waves to rare complex corrections.

⚡
Wave 3 Breakout
Detects when Wave 2 ends and the strongest, fastest Wave 3 is beginning — the highest reward-to-risk setup in Elliott Wave.
HIGH SIGNAL
🔺
Wave 5 Exhaustion
Identifies final Wave 5 tops with RSI divergence and fading momentum — ideal for shorting or booking profits before reversal.
REVERSAL
🔀
ABC Correction Finder
Detects zigzags, flats, and triangles signaling trend resumption — perfect for re-entry after a correction.
TREND RESUME
🌀
Impulse Detector
Confirms complete 5-wave impulse sequences forming across multiple timeframes — for position sizing confidence.
MULTI-TF
📊
Fibonacci Clusters
Finds confluence zones where multiple Fibonacci retracements and extensions overlap — strongest support/resistance levels.
CONFLUENCE
♦
Ending Diagonal
Rare wedge pattern in Wave 5 or Wave C signaling an imminent sharp reversal — catches big trend endings.
RARE
🔷
Triangle Scanner
Contracting and expanding triangles in Wave 4 or B — signals the final wave thrust is imminent.
TRIANGLE
🎯
Double Three (WXY)
Detects complex W-X-Y corrective patterns — two correction patterns linked — for advanced traders.
COMPLEX
View all 14 scanner types on WaveEdge →
// MARKETS COVERED

One Scanner. Every Market.

Trade Indian equities, indices, crypto, forex, and US stocks — all with the same Elliott Wave AI scanner.

🇮🇳
NSE / BSE
500+ Indian Stocks & Indices
  • NIFTY 50, BANKNIFTY, SENSEX
  • FINNIFTY, MIDCPNIFTY
  • RELIANCE, TCS, INFY, SBIN
  • All F&O stocks
  • Small & Midcap indices
₿
Cryptocurrency
200+ Crypto Pairs
  • BTC/USDT, ETH/USDT
  • SOL, BNB, ADA, XRP
  • All Binance spot pairs
  • Perpetual futures
  • DeFi tokens
💱
Forex
60+ Currency Pairs
  • EUR/USD, GBP/USD
  • USD/INR, USD/JPY
  • All major pairs
  • Commodity currencies
  • Cross pairs
🇺🇸
US Markets
3,500+ US Stocks
  • NASDAQ: AAPL, NVDA, TSLA
  • NYSE: SPY, QQQ, AMZN
  • S&P 500 components
  • ETFs and indices
  • Commodity futures
// AI SMART SIGNAL

MACD Multi-Timeframe Signal Table

Every symbol shows BUY/SELL signals across 6 timeframes simultaneously — confirming wave entries with MACD zero-line crossovers and market alerts.

SCRIP MONTHLY WEEKLY DAILY 75 MIN 15 MIN 5 MIN
NIFTY 50 SELL SELL BUY SELL 🔒 PRO 🔒 PRO
BANKNIFTY SELL BUY SELL BUY 🔒 PRO 🔒 PRO
RELIANCE BUY BUY BUY BUY 🔒 PRO 🔒 PRO
BTC/USDT BUY SELL SELL SELL 🔒 PRO 🔒 PRO
75-Min · 15-Min · 5-Min signals available on Professional plan · Upgrade to PRO →
// FIBONACCI TARGETS

Auto-Calculated Fib Targets — No Manual Work

WaveEdge's built-in Fibonacci calculator auto-projects price targets the moment a Wave 3 setup is confirmed. Know your target before you enter.

23.6%
First Retracement
Weak correction zone
61.8%
Golden Ratio Entry
Optimal Wave 3 entry zone
161.8%
Wave 3 Extension
Primary profit target
261.8%
Extended Wave Target
For strong trending markets
// WHAT TRADERS SAY

Trusted by NSE Traders Across India

Real feedback from traders using the Elliott Wave AI scanner on waveedge.in.

★★★★★
Finally an Elliott Wave tool built for Indian markets. The Wave 3 scanner on BANKNIFTY gave me a perfect entry at 51,200 with a target at 53,800 — hit within 4 sessions.
R
Rahul M.
Options Trader · Mumbai · PRO Plan
★★★★★
The multi-timeframe MACD table is a game-changer. I can see confluence across daily, 75-min, and 15-min in one glance. Reduced my losing trades by 40% in the first month.
P
Priya K.
Swing Trader · Bangalore · PRO Plan
★★★★★
Used to spend 2 hours counting waves manually. WaveEdge does it in seconds for 50+ stocks. The ABC correction finder on RELIANCE saved me from a bad entry last week.
A
Amit S.
Positional Trader · Delhi · Institutional Plan
// FAQ

Frequently Asked Questions

Everything you need to know about the Elliott Wave AI scanner for NSE.

What is an Elliott Wave AI Scanner for NSE?
An Elliott Wave AI Scanner for NSE automatically identifies Elliott Wave patterns — impulse waves (①②③④⑤), corrective waves (ABC), and all 14 sub-patterns — across NSE and BSE stocks in real time. Instead of spending hours manually counting waves on charts, WaveEdge's AI does it instantly for 500+ Indian stocks and indices. Learn more on our Elliott Wave Theory guide →
How does WaveEdge detect Wave 3 breakouts on NIFTY and BANKNIFTY?
WaveEdge monitors NIFTY and BANKNIFTY across 9 timeframes. When Wave 2 retraces to the 61.8% Fibonacci level and MACD starts curling positive, the scanner flags a high-probability Wave 3 entry. The system then auto-projects the Wave 3 target at 1.618x of Wave 1, giving you a precise profit target. This works on both daily charts for positional trades and 15-minute charts for intraday BANKNIFTY trades.
Which markets does WaveEdge scan?
WaveEdge scans NSE & BSE (500+ Indian stocks, NIFTY, BANKNIFTY, SENSEX), Cryptocurrency (200+ pairs including BTC, ETH, SOL on Binance), Forex (60+ pairs including USD/INR, EUR/USD), and US Markets (3,500+ stocks on NASDAQ and NYSE). Total: 4,200+ instruments across all 9 timeframes.
What Fibonacci levels does WaveEdge project?
WaveEdge automatically calculates retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) and extension targets (100%, 127.2%, 161.8%, 200%, 261.8%, 361.8%). For Elliott Wave specifically, it highlights the key 61.8% retracement as the Wave 3 entry zone and 161.8% as the primary Wave 3 target. Use the built-in Fibonacci Calculator tool → for manual calculations.
How is WaveEdge different from TradingView's Elliott Wave tools?
TradingView requires manual wave labeling — you draw waves yourself. WaveEdge automatically detects and labels all 14 Elliott Wave patterns across 4,200+ instruments simultaneously, in real time. You can scan the entire NSE in seconds instead of analyzing stocks one by one. WaveEdge also combines wave analysis with MACD zero-line signals for multi-timeframe confirmation.
Is there a free trial for the Elliott Wave scanner?
Yes! WaveEdge offers a 14-day free trial — no credit card required. During the trial you get access to the full Elliott Wave scanner (all 14 patterns), MACD signal table for Monthly/Weekly/Daily timeframes, and the Fibonacci Calculator. Upgrade to PRO (₹2,499/mo) to unlock 75-min, 15-min, and 5-min intraday signals. Start free trial →
Does WaveEdge work for options trading on NSE?
Yes. WaveEdge's Elliott Wave scanner is widely used by NSE options traders — especially for NIFTY and BANKNIFTY weekly options. The Wave 3 breakout signal gives an early entry before the big move, while the Wave 5 exhaustion scanner helps time exits and identify reversal setups for option selling strategies.
Who is behind WaveEdge?
WaveEdge is built by Gaurav, an Elliott Wave practitioner and trader with years of experience analyzing NSE markets. Daily wave analysis is shared on Telegram @ewagaurav and X.com. The platform combines Gaurav's manual wave expertise with AI automation — making professional wave analysis accessible to every trader.
// START TODAY

Stop Counting Waves
Manually.

Join traders using WaveEdge's Elliott Wave AI scanner for NSE to find Wave 3 breakouts, Fibonacci targets, and MACD entries — automatically, in real time.

Start Free 14-Day Trial → Follow @ewagaurav
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