Amit_Ghosh
Long

Shriram Transport Finance March Trade Explanation - Elliot Wave

NSE:SRTRANSFIN   SHRIRAM TRANSPORT
253 views
5
253 4
Refer - http://www.elliottwave.net/educational/basictenets/basics3.htm

This is reverse symmetrical top rising Elliot wave . Please refer figure 18 there.
Amit ... Already 5th wave made quite highs. Still some steam left in 5th wave? 986 would an ideal entry but thats over.
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Amit_Ghosh uday299408
@uday299408, Made you this
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@Amit, two questions..
1. Why is the entry at A? why not accumulate during AB or CD?
2. At A, how did you predict the wave?
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@gnanas, Technicals are always for entry for a fundamentally good stock. On a note of GST. This company is a buy. Entry at A when B is already visible gives more profit of (B-A). Traditionally people enter at B. Read that site all along. You can see tons of waves here and there.
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