AJAYSHARMA

AJAYSHARMA

Profits should be booked . As it has almost completed 5 waves . More buying can be done when it goes beyond the levels shown in the chart . Regards

AJAYSHARMA

Explained in the chart . Leading diagonal in wave 1 will correct to max 23.6% - shallow correction - but it is a time correction .

AJAYSHARMA

Investors can sleep on the stock . It still has a legs to go to 100. Explained in the chart . Regards

AJAYSHARMA

Slowly and surely we are in an ending diagonal till it disapproves itself. 19200 is assured it seems we will see after that whether it was an ED or 1-2-1-2-3 . Regards

AJAYSHARMA

(1) Wave (iii) is a wave with a 1st wave extension . It has corrected by wave iv till 38.2% . Wave iv has corrected to wave ii of one lesser degree as per Elliott guide line regarding depth of corrective waves . (2)See the alteration between wave (ii) - Flat and wave (iv) - Zig Zag . Long with with SL of 3450 as today a close above 3519 will complete a bullish...

AJAYSHARMA

(1) Wave (iii) is a wave with a 1st wave extension . It has corrected by wave iv till 38.2% . Wave iv has corrected to wave ii of one lesser degree as per Elliott guide line regarding depth of corrective waves . (2)See the alteration between wave (ii) - Flat and wave (iv) - Zig Zag . (3) Also see the weekly hammer . (4) As per Neo wave guideline a corrective wave...

AJAYSHARMA

Lets see if it breaks the channel on the upside .Regards

AJAYSHARMA

Mindtree will correct more as per log scale . as shown .

AJAYSHARMA

Asian Paints is correcting in wave iv (of many times lower degree - means its in a wave 3 of many higher degrees) . It would be a screeching buy at at 2500 levels irrespective of the fact what Grasim does . Wait for that buy point . But at present short . Regards

AJAYSHARMA

TCS is correcting in wave iv . Kindly see 38.2% correction is pending on log scale and not on arithmetic scale. This 38.2% would only be price correction . It might be wave A of a triangle . Whenever a corrective structure is completed it will be retraced by more than 0.618% for wave B of a flat or a triangle. Regards

AJAYSHARMA

Dragon fly doji / Best Hammer .Will it be confirmed on Wednesday . Regards

AJAYSHARMA

Will this pattern work by confirmation on Wednesday . Regards

AJAYSHARMA

Explained in the chart . Good chances of ABC . 2nd best 1-2-3 . Remote chance its a wave C . Regards

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