vinodsinghfcca
Long

Sunrise of Sunpharma

NSE:SUNPHARMA   SUN PHARMACEUTICAL
78 2 1
This is a post after a long time. According to the wave counts we can see we have completed wave C, where wave C = wave A. before that wave A was of three waves hence witnessed a triangle in wave B, after that wave C. Now at the end we have got a throw over which indicate possible up trend. And on a shorter time frame we have completed wave i and ii and currently trading in wave iii             . so the stop loss is the low of wave C and the possible target is 592. Lets see what happens and hope wave counts again predicts something great.

Enjoy what Elliott wave does. Cheers. Will be waiting for valuable comments.
Came down from 592 in 11 trading sessions straight to 432. You are absolutely correct. Possibly will take 25 sessions to again reach 592. Iam still new in trade. But this is my view.
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vinodsinghfcca dhirajsabharwal28
@dhirajsabharwal28, Hello, well you are correct it did came down but i am just following Elliott wave analysis. Accordingly, it seems we will see some up trend.
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