ShreeKrishna

Next possible Move

NSE:ASHOKLEY   ASHOK LEYLAND
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10
I am looking an up side move to complete Wave 4 and then i am looking one more last impulse down move as wave 5 which will in turn develop in 5 wave passion on smaller degree

Noe currently the reversal has not taken in place so i would wait for proper close on daily to take the small up side trend and then turn the trade for down ward move

Good luck
Comment: it went down as per forecast , but we did not get deep pull back to add shorts in it ,
in our trading room we traded this

Comments

@ShreeKrishna , your observation is quite likely. If there current supply shock of raw materials leads to demand shock that follows when overall economic activity freezes, then Auto can get hit badly
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ShreeKrishna avsrikanth
@avsrikanth, Yes sir Thank Q
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