Forecasting a developing wave requires an edge of how price movements can reflect on various repetitive patterns and out of it we have to select the entry and Exit for proper Trading gains ,
Now this is my preferred method of developing wave at initial stage , I want market to commit me an strong presence of its move and if this did not pan out then
I have another view which is alternative view ,
there are only two options when we Gauge the upcoming developments , its not random in nature its an Methodology that has given Consistent revenue in the stock trading
Look for buy set up and Look to stay with trailing stop until 1st move out form deep consolidation is done
Shiva Sir, Can it be accumulated for long term perspective ..
nehrushare
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HELLO SIR,
THANKS FOR YOUR POST. ALL THREE CHARTS OF YOU TATA STEEL, BOB SHOWS NEXT 5 DAYS MARKET WILL GROW N A VERY GOOD MANNER. CAN YOU CONFIRM IT AGAN. THANKS
ShreeKrishna
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@nehrushare, Hello sir , Technical analysis using price information is an tool to forecast the upcoming trend or move , This forecast has to be confirmed by price action on lower time frame or the time frame one chose to trade , if price is confirming the movement forecast already made then its an indication of progression, any progress we call it a scrip in progress and its an benefit to buy it once the progress starts takes place ,
if the initial progress what has printed in the charts is not having any strength of further movement it will not move in the direction we forecast or expect to move , simple to understand