We have completed 5 Wave move Up since Covid Fall and now in making of 5-3-5 Corrective pattern ((A)) ((B)) ((C)).
Its too Early to confirm Connector ((B)) is completed however assuming it is done, we can now expect making of wave ((C)) Black is in process and we can have entry planned @ 31080 Level with target to en-cash Next Up move of Wave III red.
Trade Plan : Well In advance
Entry : 31080
Stop Loss : 27000
Target : 56000
Its too Early to confirm Connector ((B)) is completed however assuming it is done, we can now expect making of wave ((C)) Black is in process and we can have entry planned @ 31080 Level with target to en-cash Next Up move of Wave III red.
Trade Plan : Well In advance
Entry : 31080
Stop Loss : 27000
Target : 56000
Comment:
Trade active:
Todays Break of 29NOV low have confirmed now that we will be heading for 31,079 Level in near Future
Comment:
Any Bounce in 3 or 7 or 11 wave move up Should be sold as we are in incomplete Bearish sequence Started as a correction move since move started from 41829 of 25OCT.
Trade active:
Trade active:
Carrying 50% position for further downside with stop loss now at entry level theri by making a Risk free trade.
Once it breaks 35450 level will add Qty again for further downside Target 31355