MAYA_MUMBAI

BUY ESCORTS @ 780 , LOOKS LIKE AN IRREGULAR CORRECTION

Long
NSE:ESCORTS   ESCORTS
I'm not an elliott wave expert

But by the look of it , it appears like an Irregular correction to me

Experts can comment on it !
Trade closed manually: Feels something wrong with this

Since Wave C is not perfect - i feel its wrong

Do not trade on the above idea

(I am writing because i am not able to delete the same)

Comments

I believe, there is no term called 'Elliot wave Expert'. No such one exist as far I know. Keep learning and posting, you will start to see many alternate counts.
+1 Reply
MAYA_MUMBAI Balas282
@Balas282,

thanks sir for your encouragement ,

Yes , i know that wave counting is an art of exploring many possibilities and alternatives
Reply
Exactly when there is lack of Knowledge people at large tend to close the trade where the turn around is there , Many research have been done to understand mass psychology why retail tend to take this hit , the results are kept unknown to many as the research company closed its function immediate after the 3 years of research in 2004 , You ware correct with work but did not take in to account of believing it
Reply
Hi! You can call this type of correction an expanded flat or irregular, as you mentioned. Btw, this looks very bullish! Hope you decided to get back in and ride the final wave
Reply
@Mrbruno,

thanks for your input

I have already squared off my position

But i am very eager to see where it goes

Happy trading
Reply
its not irregular correction stock just hit the resistance

https://in.tradingview.com/chart/ebqMopEa/

Reply
MAYA_MUMBAI Dinesh12323545
@Dinesh12323545,

Thanks for your views
Reply
Wow you have already learnt , Now i dont have to do efforts , please keep posting i love to trade good set up , ha ha
Reply
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