AJAYSHARMA

AJAYSHARMA

Described in the chart . But it is contained within a parallel channel seems corrective . Question is whether we will have a 5th wave down as shown and it breaks the lower channel .Till theh fingers crossed . Kindly notice in the sub waves when ever a diagonal comes corrections are sharp and deep. 10721-724 are key levels for a bullish count . Regards

AJAYSHARMA

Describes in the chart

AJAYSHARMA

All my imagination described in the chart . Look out when wave c = .618 of wave a . and when the channel is broken for the wave c.

AJAYSHARMA

Correction from diagonals are sharp and deep

AJAYSHARMA

All described in the chart .

AJAYSHARMA

Even if the alternate count is bullish the short term trend seems to be down . Kindly refer to bearish count sent earlier .

AJAYSHARMA

Since wave ((i)) of the 12345 sequence is the longest one expect the correction to be deep . According to elliott it wave end at wave ((ii) which is deeper than what is shown .

AJAYSHARMA

If we see an impulse follow up bank nifty may correct viciously.

AJAYSHARMA

All described in the chart

AJAYSHARMA

Described in the chart . Wave 4 seems to be complete .

AJAYSHARMA

w - ziz zag x- zizg zag y - triangle Wave 4 seems to be complete

AJAYSHARMA

w = ziz zag x= expanded flat y - triangle I think SBI is on the cusp of a good flight .

AJAYSHARMA

described in the chart

AJAYSHARMA

Described in the chart

AJAYSHARMA

Described in the weekly chart. Regards

AJAYSHARMA

Described in the chart

AJAYSHARMA

Described in the chart

AJAYSHARMA

Elliott says 1. Wave 5 in commodities is extended because of fear . Since INR dependents on crude so wave 5 is extended . 2, Truncated wave 5 , Ending diagonal , extended wave 5 result in a sharp correction . If wave 5 is extended it will correct to wave 2 of the same degree. 3. In commodities post triangle thrust is an extended wave 5 . In this case triangle...