Jktyre moved rapidly in 3rd wace and extended now in 4th wave is expected to be slow moving downwards least 116 and max 97 possible. It may take more than month and possibly form cup and handle pattern during process.
Stop loss 85 for target 160-175-185 in 5th wave.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study...
Stock currently in upward trend and may break upside.
Wave 4 has formed skewed triangle and about complete final Internal Wave E.
Long in the zones of 199-195 Stop loss 179 ( if hits loss will be ~10% of entry price) breaking 185 will be tough.
Targets for Wave 5 235(as per fib extension drawn between wave 2-3-4),245-250(aggressive)
Notable resistance 212 non...
BEL broken out of contracting triangle and moved like a rocket. Currently in 4th Elliott wave which is corrective in nature. All bonce towards 99 short opportunity with SL 100.2 target 96.4, 95.3, 91.7, 90.90
Disclaimer: All levels pointed on chart are forecast based on mathematical Calculations or chart based technical analysis which may or may not true. This...