Long if it goes above 225-230's for given targets around 1.618 -2.618 of wave 1. My Elliot is not very strong yet so please correct me if I'm wrong in the wave count. Thanks.
This is not trade setup itself, its just an idea shared here on Biocon on potential scenario of shorts. I'm not sure about end of wave 4, as I don't have patience for sub-waves & there is no bearish reversal as of now. So either you can do subwaves & predict wave 4 end, if you don't know elliott's don't worry, just apply whatever strategy you use over Biocon &...
-Nice place to enter short on ngas after neck line of HS broken -more over major trendline is broken and flag formations also going on dont miss this trade -Trade with care and safe
Hi guys dont miss this trade we can expecting fall upto $42 and than $38 -Trade with care and safe
I think, Am bored today... charts coming up one after other or I'm not sure whether I'm seeing setups easily today. Anyway here is another Gail for you, as usual go with your plan. Just note how simple elliot counts can help our trade setups, so people worrying that we dont know complex elliot's, there is nothing to worry about that !
The candles forming up in near future will decide fate of Mindtree as we are closer to trendline, if it fiddles with the line & turnsback, we are out of luck. I hope all other things explained in chart, if any other specific queries, feel free to drop a line...
wave v of (III) still running possible target 1.1264/.1290/.1295 wave v concluded if price break decisively quote .1225
Good Morning, Cutting straight to analysis : The threat of 9360's zone retest is not eliminated though, we have certain reasons to believe that there may be potential double top formation near our recent highs zone above 9500's. So one can look for entry setups both on 1 hr and below that for trading purpose as per their plan. Depending on what happens around new...
Contrary to popular belief - " Leave your comfort zone , Push yourselves hard to gain success " I would say better stay at comfort, Apparently I disagree with that line. That may help your career as per corporate motivational Guru's. But when it comes to trading , Doing what is comfortable & staying in that comfortable zone, makes you winner. Usually we are...
This is actually a question. I am a newbie here and have just come across the idea of Elliott waves. I would like to ask the experts that is this the third wave in continuation? If yes; then, will the NIFTY50 index go down in when this wave completes its journey. thank you.
- Triple-three complex corrective nearing completion (w-x-y-x-z) - Expect the stock to bottom out between 275-280 - Can look for fresh buying opportunity from an investment horizon - Hypothesis will be negated on breach below 260
Long near 110 level with a stop loss 106 and target of 138.
Natural Gas would go down towards 2.146 for Wave C correction. Stop Loss can be just above the highs.
M&M after completing a Ending diagonal in the downward impulse made the thrust up. Expected Wave could could be A completion. Entry: two part entry at 1283 and 1277 SL conservative: 1260 SL aggressive: 1271 Target: 1323 and if like part booking 1310 is a option Expected hold period minimum: 5days. Entry 1280 Average entry 1283 & 1277 SL ...
Cipla weekly looks in a Triangle correction. prefered counts is Wave(4) and alt count is (X) so cipla is going to get choppy for sometime. I feel its better to avoid long term longs in this counter Long term positional short SL 645 CMP 592 TGT 537.5/430 Remember D leg comes around 537.5 after which E leg pullback towards the barrier is expected. Trade at your...
Strategy: Buy @ 2407 and add more for 2600+ target ------------------------------ TCS 0.25% was on uptrend and correcting it's uptrend after hitting 2700 resistance zone . Correction was on running flat correction which was supposed to be completed below 2100 levels. Post 2100 support reach, script was able to jump and tested 2550, We are calling it's five wave...