NSE:IRB is forming Wolfe wave Bullish pattern.
With Stop of 95 stock can be accumulated for target range around 145-150
Knowing election result is on the way. Stop Loss is must have.
Silver looks to have formed bullish Wolfe Pattern on daily chart. Breakout has already taken place. Silver should touch $15.65 by ETA of 13th May 2019 (converging point of wedge). Wave 1 took 11 days , wave 2 took 11 days, wave 3 is much shorter and took 4 days (aberration), Wave 4 took 10 days. If we go for symmetry then we won't find as Point 1 to 3 took 22 days...
NIFTY50 1 HOUR WOLFE WAVE CHART (STRONG SUPPORT AT 11548
STRONG SUPPORT AT 11548 IF CROSS SELL FROM THAT POINT FOR TARGET 11390
WITH TIGHT STOPLOSSS 11625
