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Multi pal Extended wave Can result truncation on 5th Wave

NSE:JUBLFOOD   JUBILANT FOODWORKS
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This is currently forming 4th wave , i am expecting the 4th wave to be short in relation to length of the Total completed waves
this one i am expecting short wave 4 because we saw wave 2 is shortest , and usually when this kind of extensions are taking place in Wave 1 and Wave 3 , we can expect shorter wave in 4 and possible truncation on wave 5th , its also interesting to note that End of wave 5 will be very dramatic ,
Lets see how it unfolds
and friends one more thing dont fell for some telegram channel in the name of education they are running , they are not Qualified as Analyst and they are not suppose to run such paid channels ,
Keep learning and Keep taking safe trades
Good Luck
Sep 11
Trade active: as it is , as per theory the correction is complete , but it does not mean we are looking for Long , it might stay in the consolidation before indicating the next direction , always remember stock market chart is data of past activity , when data is being formed you can identify repeatable patterns , and those repeatable pattern can give the opportunity in up coming trade , identifying it in time and taking trade needs patience , what many people think that they need trade everyday , the truth is not that , we have to wait for right set up and right risk to reward entry
one can look for reversal on daily but it will be weak as the market sentiment is bearish so price will move slowly towards up side , one more move up is coming look for set up
Sep 17
Comment: One can look for buying on brake of today high with their risk and apatite , and stop below the Today low
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