AJAYSHARMA

AJAYSHARMA

See equality of price and time and perfect trend channel for ABC.

AJAYSHARMA

Consolidating in wave iv of one or two lesser degrees. I have shown wave iv of two lesser degrees. Most probably a triangle is forming . We need to wait for the break out of the down sloping red trendline . The best indicator to see resolution of consolidation is daily Ichimoku chart . Buy only when gold cross of Kinko Hyo happens . Meanwhile put the stock on watchlist.

AJAYSHARMA

Concor may be looking forward to a powerful wave 3 as per Elliott after the upper trend channel is broken upwards. In such a condition if Ichimoku confirms probabilities increase . Use daily chart here . The daily chart will let you take profits when the scrip hits resistance levels at weekly and monthly charts and will also give you a chance to re enter. In...

AJAYSHARMA

Regards

AJAYSHARMA

Bank Nifty would be completing wave ((ii)) a big flat 3 - 3- 5 structure . The 5th of the 5th of wave C of the flat may be near completion . It seems to be a good buy chance . But it should not break the blue support line . Regards

AJAYSHARMA

Bank Nifty should be moving up this week . If not then we have to look at the alt bearish count at the break of the support line if it is broken by a strong impulsive fall. So its time to stay neutral and wait . The (c) wave count is critical. Regards

AJAYSHARMA

The chart is up for discussion . But the latest wave has not ended . Regards

AJAYSHARMA

Its is above the cloud but span A and B are flat . As per Elliott wave trend channel is along the cloud. It seems to be a wave 4 correction. If trend channel along with the cloud are breached it may be a long flat correction down . Use Price action to trade it. Regards.

AJAYSHARMA

The correction should not breach the red channel downwards . This should be the end of correction . Regards

AJAYSHARMA

As long as price remains below the Ichimoku forecast lines we my be running a B Elliott wave . If the forecast lines are crossed up then a more aggressive Elliot wave count will come into play . Regards

AJAYSHARMA

Wait for the breach of BD line. The upmove will be gargantuous. Regards

AJAYSHARMA

Major corrective action is unfolding .

AJAYSHARMA

Take span B as the center line for trades in this pair

AJAYSHARMA

Its in the chart

AJAYSHARMA

explained in the chart

AJAYSHARMA

explained in the chart

AJAYSHARMA

Is this an impulse or a corrective structure ? Please give logic for the either .

AJAYSHARMA

Described in the chart