As the market has gained an unexpected growth in the last 6 months nearly 100%
Its as look like a bubble formation as per the Elliott wave I am expecting that we are in the last wave of the ending diagonal then we can expect a huge fall in the market
NSE:INDUSINDBK is trading under a channel in final E wave
Lower degree of E wave ..... First and Second wave of the 3 wave pattern of E wave is completed now we can ride on Third wave if we apply the Fibonacci extension
Expected target will be 612
IF market is moving downward we can put stop loss of 495
This idea is for educational purpose not for...
As i have observed market has been long form the log time after 2008 crisis if we impose the five wave pattern in it as i show in chart Please correct me if my wave count is wrong i just want to discusses weather we have right now a big short or not i feel in before march 2021 market will fall and it been in 2008 Please share your view on it.
Some point which...