Dow Jones long term possibilty.................... Might be we r forming an expanding triangle structure in Wave 4 of Cycle degree Wave 5. Expecting this triangle to play out till nxt year followed by a final bull run of 3-4 yrs, before the Big Crash !!!
EXPECTING NIFTY TO CORRECT UPTO MAX APPROX 11185 LVL TILL AUG EXPIRY, THEREAFTER RESUME UPTREND TO HIT ARND 11650 LVL ARND 23RD SEPTEMBER.
EXPECTING NIFTY TO TOP-OUT BETWN 12000-12150, ARND JAN 6TH 2019.
DISCLAIMER: FOR STUDY PURPOSE ONLY. PLS DO YOUR OWN RESEARCH BEFORE INVESTING.
UPL in corrective wave form. Looks like forming a WXY corrective pattern - ZigZag + Triangle in Wave 4. Triangle Base at 38.2% Fib Ret Lvl.
Expecting UPL to rally till 735 levels forming Wave d and then reversing upto 675 levels to form Wave e of the triangle, before brkg out.
Ashok Leyland expecting Zig-Zag correction. Looks like completed Wave A & Wave B of the correction. Now making a 5 Wave downmove as Wave C. At present completed Wave 2 and into Wave 3 of Wave C. Expected Target Zone 130 Levels. However, expect a overall bigger correction of the last upmove. So expecting ashok to move sideways for some time forming a WXY corrective...