Analysing stocks with EW anyhow has a lot of learning. And a lot of challenge to count it alternatively.
Coal India has been in a down trend but in steps. The challenging point was to mark the C after which market is supposed to make another wave structure.
Either C should be marked in between and make a new structure from there ?
Or we can put C at little lower point at around 60 level and Check if C will be direction price is moving. Something we need to wait and watch and correct our marking way forward.
where to get the tool or software for Elliot wave analysis?
sudhannayak
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@PeakyBlinder07, I am in the initial stage of EW analysis. So take the suggestions cautiouly.
As have Understood, The EW is simple to learn, And it takes long time to practice. On google any EW pdf will be good. and then starts the practice. Takes little long time during this as other trading structures/geometry studies comes side by side during the learning. Om Namah Shivay
mishraatrimuni143
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can you guide me form where I get material and video to learn this type of strategy
@sudhannayak, hi, excellent.. can I also get the material on EW.. PLS.
mishraatrimuni143
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I want to know to how to study chart like you...
sudhannayak
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@mishraatrimuni143, Hello Mishra, Thank you for going through this post. I am a new learner and have been trying with EW from some months. I am in the basic level of EW. Read and practice. One EW master tells, atleast 100 charts for each rules to master. Request you to practice.
ShreeKrishna
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So Exactly what is Going to Happen with your analysis, will it Go up ? or will it Go down ?? I am shreeKrishna