Expanding triangle is on...where it will goto 18450-18650????No one knows..but its in a uptrend we take it as one..till otherwise
whats your aidea?......and all of the things give me a short
Ihave shown the expected path...it may work or may not..cause we wait for range break for confirmed direction
clear patttern breakout..so buy till atleast 18000
Quick analysis of Tata motors and Tatamotor Dvr......
if support breaks tgts given otherwise will will go to next tgt 18000
Please read the chart...the logic is faster retracement of the fall means a new leg up has started
Degrees Primary : White Intermediate : Yellow Minor : Blue Current Structure in Primary degree : 3-3-5 Flat Current Structure in Intermediate degree : 3-3-3-3-3 Terminal Impulse Current Count:Primary B,Intermediate C,Minor 5 On the basis of price movement It seems like we are making a Flat corrective pattern 3-3-5 in primary degree of which wave A and wave B...
Drawn red line to scale for the nifty uptrend....its fooolish to do this..but giving it a try
seems like CNX AUTO is making triple correction WXYXZ from covid low's. Triple Correction form: wave W =Diametric wave Y =Zigzag wave Z =Flat Current count: Right now as per this labeling we are wave Z(third correction) of which wave A is done and wave has taken a form of diametric correction.With in this wave B diametric we are in wave G meaning wave C is...
Wait for a correction...to the two or either tgts and then buy for a zoom up to the previous high
buy with 21 as tgt...will come in 5 months..get out at 21 but
the last wave is happening...so short @17500....and lets see if we win the lotto
RR is very good here..short with stoploss...if this is a C wave down
Nifty drawn to scale..lets see if it happens...Mkts not going to collapse till atleast 17k is conquored
Range break willl give tgts...my bet is on the upside...