sachinjain19

sachinjain19 Updated 

4.c. has done a very close 1.618 time wave A and the big candle ( Although not a huge volume) may signal a reversal to complete the 5th wave of the up move? Disclaimer: I am new to EWT but found it really helpful to invest in stocks.. The target for wave 5 is somewhere in the range of 1550-1600 .. Please do share your view..

sachinjain19 Updated 

Took support at the medium term support line.. go long.. SL and target on the chart

sachinjain19 Updated 

My counts are marked. i believe that we are in the 5th wave of larger degree and we have done the 61.8% target of 1097 and is already extended.. if this is..then we may correct this 5 wave up move and head for 900 or so .. !! Please do provide your comment on how these counts sound? or if you are working with a different counts ? SL, Targets etc.. are on the chart

sachinjain19 Updated 

Looking at weekly chart look like a clear 5 wave upmove and then corrective A and B complete .. since wave A was 5 wave and wave B( running flat ) looks like 3 wave.. i have a hypothesis that Pidilite is not in a new impulse rather it is still in corrective and may do atleast 600 or below.. Below is the weekly chart invst.ly Now, coming to the hourly...