Bullish wolfe wave pattern is formed in IBREALEST . As a investment strategy stock can be bought at current level for a target level around 250 in Medium Time frame. Price action higher high and higher low is also generating positive confirmation for the script.
Long position, at-least for 20 days . It's the perfect test of patience by hodling your profits. Good luck. check graph for more info. Follow me guys, so I will update more frequently with greater analysis. Disclaimer: My views are not written on stone and can be sometimes wrong, since no one is 100% sure in stock market. Consult your financial advisor before...
BSE:PFC is good long for a Target of 160 in short to medium term with SL of 100. All position mention in cash level. Follow strict SL to avoid losses in volatile market. Happy Trade!!
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...