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AvinashGaikwad
Jan 30, 2017 5:17 AM

EDU: Impulse Wave/corrective wave 

JINDAL STEEL & PWRNSE

Description

how to identify Impulse wave and corrective wave in simple form.

Comment

why trade impulse wave mostly:

1) trade with the trend( high probability)
2) instant returns(sudden move)

Comment

looks like downtrend ended. impulsive move in uptrend started.. will add on retracement.(100-110 level)

Trade active

accumulate stock

Trade active

buy with target of 200

Comment

moving....

Comment

50% OF TARGET.. waiting for sharp moves.
Comments
sujaybodas
Hello Avinash- I have same view on this counter. Fresh cycle started now post breakout...

AvinashGaikwad
@sujaybodas, great... thats make technical work...same view.. lets push to upside.
venkaticr
Ok. So you mean it will be a good bet to go long in March 2017 series. Kindly share the support and resistance levels.
AvinashGaikwad
@venkaticr, buy range 100-110 with Sl 90

Target 200 300
venkaticr
@AvinashGaikwad, Great. All the best for the March series.
AvinashGaikwad
@venkaticr, SAME TO YOU... lets.. push
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