UNDERDOG-29

CONNECTOR WAVE X BOUNCE

Long
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
BAJAJ-AUTO HAS COMPLETED 5 IMPULSIVE WAVE AND CURRENTLY IS MAKING ABC ZIGZAG CORRECTIVE PATTERN ON DAILY CHART .AS OF NOW IT HAS COMPLETED BAJAJ-AUTO CAN RISE FROM CURRENT PRICE OF 3650 TILL 3950 WHILE FORMING WAVE B IN 3 SUBWAVE FOLLOWED BY 5 WAVE DOWNFALL TILL 3150(1:1 EXTENTION OF WAVE A FROM WAVE B TOP).

CURRENTLY 2 HOURS CHART IS SUGGESTING LONGS CAN BE INITIATED WITH 3550 AS STOP LOSS FOR A TARGET OF 3950.

DISCLAIMER:I AM JUST ELLIOT WAVE THEORY PRACTITIONER AND MAY TAKE POSITION ON SOME IDEAS THAT I POST.ANYONE READING MUST UNDERSTAND THE RISK AND NOT JUST ACT UPON MY VIEWS.

Comments

BY MISTAKE I HAVE WRONGLY LABELLED ENTIRE PATTERN TO WXY INSTEAD OF ABC.
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