Wave C = Wave A around 11625
INDUSIND BANK break it's resistance level and now it is trying to test 600 levels from this level in this week or next.
DJIA is at the PRZ of a Bearish Harmonic Butterfly which suggest it could retrace till 27000. Pattern would be negated above 28600 Harmonic Trading Patterns work as reversal signals based on Fibonacci ratios, Butterfly is one such pattern.
Sell Axis Bank 469.85 and more at 479 sl 486 Target 454-----438 25th Aug Closed at 451.8 sl will On 15 Mins Closing Basis Kindly Make Note Of It.
Om Namah Shivay Trying wave counting with another chart which is in difficult stage for me. Practice worksheet. Om Namah Shivay
THIS IS NOT A TRADING IDEA One may start accumulating.
THIS IS NOT A TRADING IDEA Glenmark to reach 517-591
THIS IS NOT A TRADING IDEA It is currently in its third wave, as an investment this is looking very good. The market segment it caters to has nothing to shrink
Explained in the chart.
Explained in the chart.
There is a motive wave within the fifth wave and right now it may correct but it clearly should go up equal to wave 1
Break out from here may give a strong directional move