Now what is interesting is Wave 3 length by Price is visually very small for heavy weight scripts like this , I am really looking the Wave 5 will have Extensions in it and will deliver higher % move from current Forecast as Measured Move
Now I receive almost every day lots of DM , almost 40 to 50 DM per day
I rarely answer them because they only what to know what will happen to their Loosing trades ( The bad decisions they made and they want solutions from me )
if you are investor then My suggestions to You is Follow the Money , Keep your trailing stop on daily low basis , buy on reversal and Let the trade run
Once price reaches to 2850+ then You can look to trail on smaller time frame and protect your Gain ,
Finally i think my primary upgraded Forecast of 3000/3300+ will likely come with in 3 to 4 Months
This presentation is based on Current pattern formation if any change in it then there will be change in the time & price forecast
All the best Good luck
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Now it has come back with in the Previous Structure or ( Pattern) , One can Look for buying on daily reversal at or near 1900 with stop below the daily low you buy I told you its Going for 3300+ , Now its preparing for it ,
Alternative to current move or pattern , if by any means it bounces strongly before 1900 One must buy it for 3000/3300+ as Target Good luck
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It might not come to 1910 , some time they Jump , Any strong reversal on daily one can Look to Buy before EOD or Next day
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Now what happens on Monday i have No idea , but it should trigger the move
@starttrade2020, Not likely , coz , its Not necessary the Nifty has to rise in case Reliance Goes Up , because when other Heavy weight starts dumping in the price then Nifty Might not Move at all , There is not Co-relation
Good luck
akrock861
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@ShreeKrishna sir I beg pardon,but 1st wave of correction is five wave, 2nd wave is flat 3 wave , I think 3 rd wave will be a 5 wave move also, making the whole structure a zig-zag (5-3-5), if it will be zig-zag,then it can come down to 1750 levels... your suggestions is highly required please.
eternallearner
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Thanks for your insightful analysis to make sense of its confusing moves for such a long time।
akrock861
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sir, i think it's last wave of the third wave..pls suggest
bazrapani50
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