AJAYSHARMA

AJAYSHARMA

NOCIL is in a wave iv correction. Wait for buying chance . Regards

AJAYSHARMA

Always wait for 2-4 trend line breach as explained in the chart for any chart . It will help in wave count . Regards

AJAYSHARMA

I have shown only 2 lesser degrees. Wait for a bullish candle stick or HS to form . Regards

AJAYSHARMA

Should correct to 17400 - 17600 levels provided the channel and Daily Kejunsen is broken . 17600 is the level of wave E of wave iv triangle and 17400 is wave A of the wave iv triangle. Regards

AJAYSHARMA

Will the entire structure being created be an ED with wave 1 extension. Its kind of a quiz .But only market knows the truth . Regards

AJAYSHARMA

We may see Euro going up continuously till June 22 in a corrective (y) structure . Rest Explained in the chart . Regards

AJAYSHARMA

I think its a good log opputunity after a correction to 250 - 260 levels . Regards

AJAYSHARMA

Explained in the chart . Notice the trendlines .Regards

AJAYSHARMA

When ever the so called wave 4 starts behaving like wave 2 and the so called wave 3 is no more than 2.618 of wave 1 then expect wave 5 extension . 1 in 100 will you find wave 5 in wave 3 . Rest is the chart given for serious waivers . Regards

AJAYSHARMA

Its making a running flat correction right now . After this is over look out for a big wave 3 to happen . I would be long in this at the trading edge. Regards

AJAYSHARMA

Trading edge . Explained in the chart . Regards

AJAYSHARMA

Explained in the chart . This is for those who are really into Elliott waves . Regards

AJAYSHARMA

Explained in the chart . Never use Elliott Wave alone . Regards

AJAYSHARMA

When ever if we see a 5th wave extending . We need to look at the following 1. Slope of wave 1 > wave 2 > wave 3 . 1.So trend channel will look like a megaphone pattern . 2. Wave 4 has to be deep becoz wave 4 will behave like wave 2 . 3. wave 5 may be 1:1 frm wave 1 to 3 extended from the end of wave 3 . (More on this later with a good example) But most...

AJAYSHARMA

This rules applies only for those waves where 3rd wave is extended . I will talk abt 1st and 5th wave extension and LD's with angles with examples in future . Now when ever u see a 5 wave structure draw a line joining wave 2 and wave 4 . If the impulse has to end then the 2-4 line will be broken in lesser or same time than it took to form wave 5 . And it should...

AJAYSHARMA

@akrock861 . This stock may be multi bagger . Regards

AJAYSHARMA

I dont think so .Becoz wave 5 is acting like wave 2 . Any ideas from waivers Regards

AJAYSHARMA

I expect wavers to see wave 2 and 4 of different degrees and tell whats wrong with this count . And if someone can publish an alternate count it would be great. Regards