ShreeKrishna
Long

We are Going to Honolulu

NSE:GAIL   GAIL INDIA LTD
991 views
I wonder weather the people call them self as Analyst or research person have any kind of knowledge with them at all

They only try to put information in random manner with out even having an complete sense of how things work in Stock market

and Mass people ( so call retail traders as sheep ) follow them without even knowing what is the performance

The scrip is in well position of moving up one more impulse leg

The price from inception have made an 1st impulse leg up and then it entered in correction ( Function of time ) and completed its all three corrective moves

which are labeled as A B C , where as Wave A & C represents 5 wave move and Wave B represents 3 wave move

Wave C of last move down fell short by price move but met the time factor correction by days / week , and lastly Momentum have given the confirmation of its end of wave C

One can look for position them self as long term position and look to book near the forecast

Patience is key for better earnings

Good luck

Trade active: People with very less knowledge try to comment and try to boost that they know everything for instance @vivek.mj thinks that wave 3 is never the smallest , for the fact he is not even in the status of understanding what is wave 1 and what is wave 2

people , dont be so ignorant with knowledge , if you want to succeed in the finance then have a proper knowledge understand the concept in simplest manner , i have tried to explain it many time , Simple logic is far better than any MIT or IIT education ,

Now here the scrip have just completed the wave 2 after completing its side way correction as A B C ,

Now the scrip is ready for Move up as wave 3 , and this person comes and talks like he knows everything ,

please dont do it if you do not know about the system i am following completely

Good luck ,

Comments

wave 3 is never the smallest of the three waves 1 , 3 and 5. wave 4 does not come inside territory of wave 1 . both these are not followed. how can you say it is an impulse wave?
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0 loss lol
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ShreeKrishna sunnyjhander9
@sunnyjhander9, if you have problem with my system of trade , you can always call for trade challenges , I am ready to accept it , if you have better method do follow it yourself , do not interfere others methods

without knowing them
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I think there is more room towards downside.... Rs 100 in the short term once it break 120 ... so i advice people with uncertainty in the market wait. Also, 61.8% retracement level is at 120 and 78.6% at 100 so watch them
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ShreeKrishna HunnyKhanna
@HunnyKhanna, There is always a room for down side and up side , it only matters how one interpret the methods they are following , My interpretation is like this so i decided to post it , if you have better or logically more detailed please post your charts i will also visit them
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Good
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Appreciate the elaborate explanation which is lacking most of the times leading us to diverse conclusion. Thanks.
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ShreeKrishna LearningJoe
@LearningJoe, Thanks for your comment sir , i just updated the chart waiting for weekly change in the sentiment to occur before updating as trade active
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Ok thanks
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Do i need yo follow any stoploss? Can enter at cmp? Suggest
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