Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an...
C leg of the correction seems to have been started. Wave 2 is in completion zone so if wave 2 is completed then the price pattern should respect the trendline which is drawn on the chart. If wave 2 is not completed the we will have to revise the trendline. If W2 is completed and trendline is not breached then SL can be nearest swing high and one can ride the...
After some historic price movement looks like triangle pattern on longer time frame is complete. On examining the waves in smaller TF it looks like leading diagonal is in formation indicating start of upward move. Possible wave count is plotted on the chart.
Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an...
It is just a trade discussion. It seems HUL is undergoing complex correction. Also 1900 is strong support from where HUL has reversed. In short term HUL has capabilty of reaching 2500 Levels with Stoploss at 1880
Raymond was mentioned in the NSE Website as Price band hitter on 8th November, 2019, with reporting huge volume on 8th November, 2019. It's worth noticing the stock has moved over 200 points in the last 4 working days. The trend seems to be bullish. Please check out the NSE Website for the volumes and OI in Raymond before carrying out any positions in the stock....
Assuming Bank Nifty is in the Expanded Flat 3-3-5, Where c = 1.618 Of Wave a Which is always end beyond the start of wave a, I said always because corrections are rarely fail or truncate...
TATA MOTORS is bullish as of now. . . (iii or c)
According To The Elliott Wave Principle, All these 3 legs are part of an Expanded Flat ABC, where C is in the progress. . .
FX:EURUSD EU is in downtrend and now it's in a sideways correction. I'm looking for 1 more impulse to the downside! and that's too on a bigger time frame and i think this will be a good entry for the downside impulse Stop loss would be 1.1755
In my previous post on Nifty I observed that we are in a possible wave iii of the larger 5th. See below... We have been correcting from the 'double up' level mentioned in that post and a casual look at the chart has been yelling the beginning of wave iv. But a deeper EW count has been telling something else to me. I know that there could be many conflicting...