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Amit_Ghosh
Apr 1, 2017 11:41 AM

Shriram Transport Finance March Trade Explanation - Elliot Wave Long

Description

Refer - elliottwave.net/educational/basictenets/basics3.htm

This is reverse symmetrical top rising Elliot wave. Please refer figure 18 there.
Comments
uday299408
Amit ... Already 5th wave made quite highs. Still some steam left in 5th wave? 986 would an ideal entry but thats over.
Amit_Ghosh
@uday299408, Made you this
gnanas
@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?
Amit_Ghosh
@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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