Elliot wave seems to be bullish, short term investors and positional traders can find a good entry around 1900 or above 2045. It's better to get confirmation around 1900/1940. Targets could be Fibonacci levels mentioned above. Plan your trades accordingly.
Link below for the previous idea.
Regards
Comment
⋅
The price has reached expected area, but without confirmation do not go long
Again loss will come in reliance who has had investments in small companies with big growth rate .
Money is going other basket .
Reliance giving tricky and false news
The time come to be action Oriented .don't go this trade as this is a trap.
Retailer must be punished by big conglomerate.
Reliance will fall to 1856 as investments divergences found .
Time & Again I have mentioned in my Video , its Not" Elliott wave seems to be bullish " ( What you have written) , it is the trend which demonstrate the Strength and Probability of Meeting the forecast , if you do not understand simple concept of theory and the price behavior then your representation is completely means nothing
@ShreeKrishna, your point is not valid here, because all I mean is new impulsive might have started. Good luck!
WavesTimez
⋅
Nice analysis Sir, I am new , Sir I have one question are these harmonic patterns valid if gaps are in between as I read somewhere Harmonic patterns are not valid if gaps are in between. waiting for your reply
yogi_sharma_elliottician
⋅
@sushmachoudhry46, I didn't get you exactly, because I have not used harmonic. And even in harmonic I don't think gaps should create any problems unless and until you draw harmonic patterns correctly. Thank you for your valuable comment!
Money is going other basket .
Reliance giving tricky and false news
The time come to be action Oriented .don't go this trade as this is a trap.
Retailer must be punished by big conglomerate.
Reliance will fall to 1856 as investments divergences found .