Hi,
I Am in the initial phases of learning elliott wave techniques
Below is the view for the current stock
Long term - the stock is currently in the 5th wave
Medium Term - the stock is in the third wave
Short term - the stock is currently in the 4th sub-wave of the larger 3rd wave
Would shortly commence with the 5th wave from the current levels
Buy levels are between 3145 and 3099
SL would be the high of sub-wave 1 (3000 +- 10 Pts)
Immediate target would be 3430
Please do share your views on the analysis in the comments.
* This is just for educational purposed. Please do not trade on my views.
I Am in the initial phases of learning elliott wave techniques
Below is the view for the current stock
Long term - the stock is currently in the 5th wave
Medium Term - the stock is in the third wave
Short term - the stock is currently in the 4th sub-wave of the larger 3rd wave
Would shortly commence with the 5th wave from the current levels
Buy levels are between 3145 and 3099
SL would be the high of sub-wave 1 (3000 +- 10 Pts)
Immediate target would be 3430
Please do share your views on the analysis in the comments.
* This is just for educational purposed. Please do not trade on my views.
Trade active:
Trade is currently in the Buy zone
Buying Price 3060 - 3099
Buying Price 3060 - 3099
Trade closed: stop reached