0 to 1
This degree of Elliott Wave from 0 to 1 probably started in May 2017 @ 9341 and ended at 10136 in August.
Total Points were 10136- 9341 = 795
Time Taken was 2 Months +
1 to 2
This one started in August @ 10136 and ended at 9685 in August
Total Points were 10136 – 9685 = 451 which is close to 0.56%
Time Taken was 10 days +
2 to 3 (In...
Last Time, we had discussed above PVR when it was 1300 levels for target 1400 & 1450 and 1500. However it went upto 1445 and missed second target by just 5rs. Now, the chart looks great again and may reach 1400 & 1450 levels. Support 1250 CB.
Nifty Hourly Chart forming lower lows which shows a bearish trend. Any Close above the support with good volumes needed for the continuation of uptrend.
I am still bullish on the market even the small correction happens. One should use this opportunity to get their positions at less and discounted price.
This is just for Educational Purpose.