wave5

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InsiderB InsiderB GAIL, 15, Long ,
GAIL: Gail : Can I get it right ?!
328 6 14
GAIL, 15 Long
Gail : Can I get it right ?!

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 !

InsiderB InsiderB BANKNIFTY, 60,
BANKNIFTY: Bank Nifty : What;s Brewing & What's Next with Waves !
395 25 16
BANKNIFTY, 60
Bank Nifty : What;s Brewing & What's Next with Waves !

BankNifty... After some 10 days we are back to Nifty's favorite brother BankNifty. Many of you might remember how we rode Nifty with Waves, Now same for BankNifty ? Let's see... We already caught the Wave-3 and made money{check prev.post if you have missed that post}, Now lets concentrate on Wave-4. BankNifty getting caught within 100 points range is rare ...

NeeteshJain NeeteshJain SCI, W, Long ,
SCI: Shipping Corporation of India - TRENDING UP
93 0 3
SCI, W Long
Shipping Corporation of India - TRENDING UP

It is been observed that the price action is correcting in Wave 4 and once the price action breaks above 78-80 levels then it shall begin with its WAVE 5 to achieve 110-115 target price levels.

InsiderB InsiderB TATAMOTORS, 15, Short ,
TATAMOTORS: Tata Motors : Elliot Wave 4 completion & Wave 5 start
66 10 5
TATAMOTORS, 15 Short
Tata Motors : Elliot Wave 4 completion & Wave 5 start

Wave 4 is well within 50% Fibs of wave 3 but a gap up open may spoil the plan, but if we get proper open in our zone and valid confirmation, we can enter short positions towards 490's. Tatamotors chart almost looks similar to our Nifty. Happy Trading !

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