ShreeKrishna

Side ways Move ( as A pause )

NSE:CNXAUTO   NIFTY AUTO
46 views
2
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
Join the New Series of Elliott wave Theory Education Course
Elliott wave Course details down load here
https://drive.google.com/file/d/1DuFHdpQ7RocBMqcqutHGPhvuDEEhQfSA/view?usp=sharing
wave.traders@yahoo.com