MAYA_MUMBAI
Long

Easiest way to make money is after a fifth wave extension !!!

NSE:TATAMOTORS   TATA MOTORS LTD.
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While identifying the precise end point of an extension is often a challenge, you can become quite rich by joining in once the extended wave 5 finishes.

Typically, a market comes down to the level of 2nd wave of the just completed 5th wave

So i assume Tata Motors is a buy @ 169 to 170 with a SL of 165 for a target of 180


Disclaimer - 1) I'm a learner
2)I do have long positions in Tata motors
3) This is only a 15 minute chart !!
Comment:
Comment: look for break of trend line closely



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@visu007i

thnx for the compliment!

Trade is not yet active !
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@VivekRastogi

you can comment here ,

I prefer public posts
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VivekRastogi MAYA_MUMBAI
@MAYA_MUMBAI, Glad to see your analysis.

i also wanted to learn elite wave.....
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MAYA_MUMBAI VivekRastogi
@VivekRastogi,

its not elite ; its elliott
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VivekRastogi MAYA_MUMBAI
@MAYA_MUMBAI, Yeah.
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Great educational post
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MAYA_MUMBAI Shalu_18
@Shalu_18,

thanks
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MAYA_MUMBAI Shalu_18
@Shalu_18,

I have not drawn the larger time frame which is important

Let the market decide the outcome
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We have to analyze the bigger picture. Although the current structure looks okay
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MAYA_MUMBAI VijayGeorge
@VijayGeorge,

Yes, I am a beginner !
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