sintex a multi bagger Long

Description

⋅ Feb 27, 2017 8:14 PM

Sintex as per elliott wave should be completing one wave today to go up between 96.5 to 97.5

and then will retrace wave 2 may be upto 94 levels

wave 3 should then start which should target a minimum of 160

Trade active

⋅ Feb 27, 2017 8:30 PM

today to go up between 96.5 to 97.5

Comment

⋅ Feb 27, 2017 8:32 PM

97 is 62 % extension for wave 5

Comment

⋅ Feb 28, 2017 6:56 AM

Comment

⋅ Feb 28, 2017 7:04 AM

appears like the fifth wave is moving as an ending diagonal

Trade closed: target reached

⋅ Feb 28, 2017 8:57 AM

trade achived today itself

Comment

⋅ Feb 28, 2017 12:18 PM

Comment

⋅ Feb 28, 2017 12:43 PM

IF Wave 2 is completed - we will not get any retracement

if wave 2 is not completed - then we will get some retracement

to me it appears like wave 2 not completed - hence we can get a retracement

it looks like it will go into an irregular correction

Comment

⋅ Mar 2, 2017 11:10 AM

SINTEX

Comments

anishg86

⋅ Feb 28, 2017 9:36 AM

Hi Joel ,

Very Informative Chart on Sintex:) Do you believe that Sintex can cross 100 in coming few days? What does ur chart say about that ?

Regards
Anish

joel-vg

⋅ Feb 28, 2017 10:11 AM

@anishg86,

Dear anish , thanks for the complement .
as per elliott wave - sintex is in heat of wave 3 - means it is highly bullish
right not an ending diagonal pattern is going on - it can zig -zag between 90 to 100 for few more weeks to maximum one month
as per wave theory - there should be a break out above 100 within one month