Dino_Naidu

Elliot wave Analysis # Bullish Sequence

Long
NSE:ULTRACEMCO   ULTRATECH CEMENT
Buy ULTRATECH CEMENT, target price Rs 6300

Confirmation to Buy Ultratech @ 5035 to 5200 odd levels

Invalidation level @ 4870

Positional Target: 6000, 6300

Expected return - 21.5% in next 1 to 12 weeks

Disclaimer - Any of my investment or trades I share on my blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.ULTRA TEC NSE:ULTRACEMCO
Elliot wave Analysis, All types of Asset classes are covered like, Indices, Stocks, Currencies and commodities.

Comments

Again it is wrong as wave 4 of wave 3 of 1 overlaps wave 1 of wave 3 of 1. There is also one thing I want to add plzz be specific on wave counts. You can call me on 9324174580
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i dont think it will give deep pull back as you forecast , Its tricky they are all Moving up on or before 26 January , some time patterns don't unfold because of other circumstance this time its Going for both the Event ,
January 26 Followed by Budget , so Expect very shallow correction before continuation
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