Elliott always said if one can draw a base channel that is the key to further movement in a stock . When price breaches above the upper boundary of the base channel then we know wave 3 has started . Regards
BULLISH on infibeam buy cmp 71 Stoploss below trend line closing basis Target 98,120,140
WITH STOPLOSS 60 DAILY CLOSING BASIS FOR TARGET 77,82
Off course the fundamentals are great but with so many firms giving advice and buy call for itc, I thought why so? I studied the chart and saw that itc is trading near 1 year strong resistance trend line. Some days ago, due to high dividend given by itc it crossed this line but again started trading under this trend line. If it crosses this resistance then next we...
Closing above the supply zone with a good volume will trigger the stock to go higher
Only with the PRICE ACTION you will be able to trade this moves which provides you great R:R If you are interested to learn those price actions skills and implement them in your trading setup feel free to contact me!
Use chart levels for entry exit planning