NSE:NATIONALUM one can buy for a Target of 95 with SL 66.
NSE:EICHERMOT has formed bullish wolfe wave. Go positional go long for a target of 3250 with SL 26250
The stock has nicely formed Wolfe Wave pattern and today's engulfing makes it a candidate for long. One can buy the stock for a target of 170 by providing a stop loss of low of today on closing basis.
L&t Finance has formed nice INCORRECT wolf wave. I shout incorrect cause there are people who argue that its incorrect. Again what worsk what works. Long here Stoploss close below 177 target atleast 192. One can wait for the break of the resistance trend line.
Rules & Structure Of Wolfe Wave Pattern To Identify Wolf Wave Patterns, Waves 3-4 must stay within the channel created by 1-2 Wave 1-2 equals waves 3-4 (shows symmetry) Wave 4 is within the channel created by waves 1-2 Wave 5 exceeds trendline created by waves 1 and 3 There Should be regular time between all waves How To Trade. Entry point When Price Close...