AJAYSHARMA

AJAYSHARMA

simple ABC correction

AJAYSHARMA

Nifty is in a wave ((iv)) correction . It is completed wave ((iii)) which was exactly 1.618 times wave ((i)) extended frm wave ((iii)). Wave (iv) - of one lesser degree was a triangle . So move after 10818 was the wave (v) of the current wave ((iii)). I expect Nifty not to fall in a straight line . It may have completed wave A of (iv) . So expecting a B wave to...

AJAYSHARMA

Maruti is in the wave v of 3 . This is indicated by a wave ((iv)) triangle . It is looking for a bottom in wave iv . and for a final move into wave v . This should complete a bigger wave 3 at around 10300 which started at 4773 . I am not marking different degrees . This is just to show movements after a triangle formation . Triangles are penultimate movements in a...

AJAYSHARMA

Nifty made a running triangle in wave 4 position . It seems to be in final wave v of 3 .

AJAYSHARMA

In case of SBI . A contracting triangle happened. So the entire structure is ABC and not 12345 . ABC is a corrective structure which is destined to be corrected . Hence the fall in SBI .

AJAYSHARMA

Simple EW counts . Please take the time lines as the trend lines portends . But basically it will lazy short . I would prefer buying at dips . But this EW count is on daily basis . Over all on weekly and monthly basis this stock is a buy on every dip . Regards

AJAYSHARMA

A triple was over . Now new highs may be seen

AJAYSHARMA

The channel should be broken

AJAYSHARMA

All described in the chart.

AJAYSHARMA

Rest explained in the chart

AJAYSHARMA

Rest described in the chart . Wait for price action to confirm before u enter .

AJAYSHARMA

Described in the chart.

AJAYSHARMA

Potential move explained in the chart .

AJAYSHARMA

Bank Nifty may have started a megawave iii. Do not short . Buy on dips

AJAYSHARMA

All description in the chart.

AJAYSHARMA

Buy the gap down on Monday as close as possible 9957 . for a better RR. The degrees of a wave Highest degree : Minuette level . Nifty has completed one full impulse at minuette level from 9696 to 10075 . Rising from a truncated 5th . Which itself is very bullish . Higher degree : It has completed another five wave impulse at subminuette of wave i consisting...

AJAYSHARMA

Every thing described in the chart .

AJAYSHARMA

All description in the chart , A break of the parable trend channel of the abc will signal the decline.