In my previous idea, I already suggested that we could see some reversal around 161/57 for 185 at least. It gave a breakout from the pitchfork as well. Will attach the link below.
Now, as per elliot waves, if the counts are valid, then the scrip soon touch the marked levels on the chart. If you're a trader, then a right entry and SL is too important. So look for a...
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Upcoming wave is impulsive wave and target is 577 nearby after up breakout.
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Let's check Breakout more closer look.
While breakout the price Congestion, volume should more than 2x from average volume.
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The bhartiartl in slow direction moving towards down however if it breaks the 549 there can be a...
Prepare for NU BUY
As described before price was retracing and now it has came around 61.8% of the original impulse, So now we'll have to prepare for the BUY.
I'll looking for BUY entries around 0.6760 price level, apparently which will also complete the 5 wave structure.
Good Luck
In monthly, it seems a complete elliott wave cycle is complete, and stock has bottomed out.
in weekly, we can see that, round bottom is forming and fresh impulse already started here.
round bottom pattern tgt
so with a sl - 54, 1st tgt - 95, 2nd tgt - 151, long term tgt - 500.
It is been observed that the price action is trending up by making higher highs and higher lows. Previously, at high of 77 levels price action consolidates and corrects within a downward trendline and then breakout the trendline and then broke out to a new highs with that impulsive wave. Now it is again breakout from the downward trendline and looking to reach for...
