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SirajHudda SirajHudda CESC, D, Short ,
117 9 2
CESC, D Short
CESC Short Setup!!

CESC is giving a short setup. The stock has been moving in an upward trend channel which is about to be broken down.. Expect a substantial correction or sideways movement in the stock before moving higher. Happy Trading

NeeteshJain NeeteshJain SBIN, 60, Long ,
156 5 5
SBIN, 60 Long
SBI - Breaks out Previous Resistance, Wave 3 Progress

It is been observed that ABC Zig Zag correction completed and Wave 1 and Wave 2 structured well that shows higher high. Now I observe that Wave 3 is in progress and it shall go upto 261 and retrace back to Wave 4 and then shall again move higher from 261 levels to make Wave 5. It is wise to buy after retracement or near Wave 4 levels. As per technical pattern ...

52 0 2

As per Elliott Wave Theory, the gold charts indicates a completion of a Flat ABC Correction that signals a new wave to upside. This is a good time to invest or take a swing trade position in this before the festive season begins in India where we generally see rise in the Gold market. Take positions with stoploss at 87200 Target 1: 90000 then Target 92400.

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