UNDERDOG-29

UNDERDOG-29

POSSIBILITY OF WAVE Y IN PROGRESSION. SUB WAVE C OF WAVE X HAS NOT CLOSED ABOVE 161.8% EXTENSION OF WAVE A IN CONNECTOR WAVE X . INVALIDATION WILL OCCUR IF PRICE CLOSES ABOVE 1410 ON DAILY TF,WHICH WILL RESULT IN CHANGING THE ENTIRE LABELING OF CORRECTION TO ABC FROM WXY. IF HOLDING LONG THEN ONCE SHOULD LOOK TO EXIT BETWEEN 1360-1370 AND WAIT TILL 1244(IN CASE...

UNDERDOG-29

LOGIC FOR CORRECTION COMPLETION. LOOKS LIKE TITAN HAS COMPLETED ITS WXY (ZIGZAG CORRECTION) AS PRICE GENERALLY EXTEND'S TILL 100% OF WAVE W IN WAVE Y,IN THIS CASE 100% EXTENSION COMES@1383 AND PRICE MADE LOW OF 1396. LOGIC FOR NEW IMPULSE. WE CAN SAY THAT NEW IMPULSIVE MOVE HAS STARTED BECAUSE WAVE 1 HAS FORMED LEADING DIAGONAL PATTERN OF 5 SUB WAVES.IF THIS WAS...

UNDERDOG-29

CONSIDERING CURRENT CORRECTION AS AN REGULAR FLAT,WE ARE IN A WAVE Y AND SUB WAVE 4.I AM EXPECTING ANOTHER DIP IN BANK NIFTY AS REGULAR FLAT PANS PUT IN 3-3-5 PATTERN.PRICE WISE TARGET FOR REGULAR FLAT CAN BE 100% OR 123.6% EXTENSION OF WAVE W FROM WAVE X.HENCE ON THE DOWN SIDE FOLLOWING LEVELS ARE IMPORTANT.BUYING CAN RESUME FROM THIS LEVELS. 33450(100%...

UNDERDOG-29

stock looks good for an up move.count will be invalid if prices goes below 57.50.Sub Wave 3(purple) of wave 1(green) extended till 161.8% of wave 1(purple) because of which i have labelled the entire pattern as 12345 and not WXY or ABC correction.As of now it seems like we are in Wave 3 of wave 3 of wave 3 and if prices goes below 57.40 view is negated. Hope i am...

UNDERDOG-29

LOOKS LIKE TATA CONSUMER HAS COMPLETED ITS DOUBLE CORRECTION (WXY) ON THE BASIS OF TODAY'S PRICE ACTION. AS THE CORRECTION TOOK FORM OF EXPANDED FLAT EXTENTION TARGET OF WAVE Y (123.6% OF WAVE W FROM THE BEGINNING OF WAVE X) COMES @ 587 ALONG WITH 61.8% RETRACE LEVEL OF WAVE 1 @ 589 WHICH FORMS A GOOD SUPPORT. THIS COUPLED WITH A BULLISH PIERCING CANDLESTICK...