Deccan cement is looks to be in the last leg of its extended fifth wave of its impulse run started from the low of 767.10, made on 21/11/2016. The stock is likely to touch the level of 1350 over the next 10-15 trading sessions.
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Deccan Cement: made high of 1218.75 (NSE) closed @1205.35 (NSE)
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extremelyrandomguy
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newbie here. how did you arrive at the number of waves/legs, and
how did you determine the number of trading sessions to reach the target?
sgor1980
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@extremelyrandomguy, dont mind but i am a newbie too, to the elliott wave theory. as far as numbering of waves and timing are concerned i think that is what i am practicing on. it is true that i am still a learner and not an expert on EWT.
extremelyrandomguy
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@sgor1980, good call nonetheless. Its trending towards tgt.
how did you determine the number of trading sessions to reach the target?