ShreeKrishna

Side ways Move ( as A pause )

NSE:CNXAUTO   NIFTY AUTO
Let Me tell you flocks , there is two distinctive moves in the market ,

01 ) Function of Price - All we know as Impulse waves

02) Function of Time - All we know as Corrective waves ( structure )

they always co-ordinate with in them with specific character and being analyst one must understand them in timely manner to adjust or adopt the method of

Positioning and re-positioning of stocks / Futures , Options trading

Auto Index is clearly made an 5 wave impulse move and then entered in side way corrective pattern , Currently i am looking this is developing in to simple

ABC corrective structure , one can expect side ways market to continue until the time factor is accounted

Once this correction completes you can expect another impulse leg move up ,

So keep trading in scrips which show the same visual patterns and keep making money

Good luck

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