rohitjoshi572

rohitjoshi572

a new short position is found one should take position carefully.

rohitjoshi572

one short in process another is about to come lets see what happens

rohitjoshi572

a quick downmove is expected by me. lets wait and see

rohitjoshi572

Even in such weak market the stock did not fall which indicate strength Wave 2 is about to get over Wave 3 is waiting for us to ride Follow stop loss and enjoy

rohitjoshi572

wave 2 is about to complete it looks like a triangle in formation wait for triangle breakout and enjoy wave 3rd ride strict sl to follow

rohitjoshi572

the a b c correction is completed, it feels it will test the levels given below one can take very low quantity shorts as some tests on price action were just okay not really awesome.

rohitjoshi572

wave 3 seems to be complete, it is nearly the target area to wait for confirmation so we bought at the break of the trendline hope wave 5 targets are met else we have sl to protect

rohitjoshi572

the first leg of correction of wave a is complete( hoping it is not wave 2) let's see when wave 2 gets corrected and will buy only after wave c gets completed let's wait and see and hope an explosive wave 3 waits for us

rohitjoshi572

a good retracement has happened of wave 4c and we expect a wave 5 up move till target

rohitjoshi572

Go long with 6.6% sl with more than 12% gain buy at cmp and enjoy for wave 5 targets.

rohitjoshi572 Updated 

it seems a clear 3rd wave extension and it feels the top of 3rd wave has been created it may retrace to the marked levels and may become ready to launch again into wave 5.

rohitjoshi572 Updated 

we may see a correction to the channel and then a big 5th wave is waiting for us to ride

rohitjoshi572 Updated 

Wave 2 is about to complete and wave 3 will resume and the potential target are huge, one can take long once trend line is broken and enjoy the ride of 3rd wave.

rohitjoshi572

the fourth wave is about to get over and we can buy at cmp with sl according to the values and anticipate wave 5 advance two targets are there.

rohitjoshi572

wave 5 is in process buy @ cmp with sl of @16.50 target @ 20 enjoy!

rohitjoshi572

wave 4 is about to get complete buy on break of today's high @ 257 and enjoy wave 5 three targets are there as per your risk capacity thanks in advance for your love and support.

rohitjoshi572

either wave c or wave 3 , in both cases at least we will get 2:1 on this setup