The scrip have completed Wave A ( Corrective Move ) in 5 parts completing an extended move by function of price ,
Now the scrip is heading for Wave B ( Still developing ) I am looking for a pattern of 3 of 3 In wave B
Once it completes Wave B of Corrective Move then expect one more move down in the passion of 5 wave move ( on shallow price moves )
One can wait for this current trend terminate and give some pull back as lower high for better entry and can move up to forecast target
Look to trade with daily reversal as confirmation
Good luck
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Expect Gap up and Move of 10 % + on Monday Open ,
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The Winner is ShreeKrishna , Yeeeeeeeee haaaaaaaaaaa
and few people have sent me message they made some Good money today
Our Trading Group have made Money in Cash form 173 to 475 , almost 135 % Net Profit , they booked 300+ Points in Cash and Futures they booked more than 325+ points due to buy and sell methods
Now i say this has completed its Wave 1 of ongoing Trend as per wave theory
Hi Shree krishna, can you please elaborate bit on the above chart? @ What rate one can enter the script and what will be the time frame to reach the target tentatively... Can the stock be bot 400 levels tomorrow?
ShreeKrishna
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@shreeshajn1986, Sir Please read the description and chart again , i will repeat it here also , One can let this move to complete and give a Pull back , Usually we call it as correction with in the ongoing trend
I have also marked in buy on lower high , i have also inform about buying on daily reversal is best method , Regarding time factor , it will take little more than Year or near to it to move to forecast target