suresh_dc

15:10

suresh_dc

primary value of wave principle is it provides context for market analysis unless the conventional technical methods.titan is in consistent uptrend and yet to complete hence to go long in larger timeframe one can look for pullbacks as is now wave 4 pullback.wave theory can be apllied to all degrees of trend as i have done for 15 minutes.to learn more 9740022106

15:09

suresh_dc

23 years of tremendous uptrend is now at termination at least for the time being,will have to wait and see hoe the further price action unfolds.waves a and b are done if c price action unfolds in coming days in 5 waves,then b wave will become bull trap.mention bearish options also.

07:58

suresh_dc

bpcl moving in triangle thrust.price action is in final move to complete a ending diagonal in 5th wave in 15 minutes timeframe.following completion of ending diagonal it is likely to fall sharply for 2nd wave coreection which could be zig zag ,a 5-3-5 pattern.

07:32

suresh_dc

contracting triangle is one of the prototype triangle formation that occurs in wave 4,wave B and wave X of combination or complex correction.it occurs prior to final move.movement following triangle is called thrust.

03:07

suresh_dc

adaniports ports special economic zone in wave z of triple zigzag.entire price action contained within parallel lines a typical feature of corrective price action.

suresh_dc Updated 

as for as wave principle is concerned the recent high at 23587.5 in futures is at top since its inception.that level completes 5th wave at 5 degrees, so completing wave one of cycle degree.the collapse in wave a or 1 of next leg of correction to its previous 4th wave area indicates beginning of long term correction.on an hourly basis the precent pull back which...

suresh_dc

as for as wave principle is concerned the recent high at 23587.5 in futures is at top since its inception.that level completes 5th wave at 5 degrees, so completing wave one of cycle degree.the collapse in wave a or 1 of next leg of correction to its previous 4th wave area indicates beginning of long term correction.on an hourly basis the precent pull back which...

suresh_dc

the state bank of india seems to have completed 5 waves in the weekly chart under the Ralph Nelson elliott s wave principle.when the impulse wave in the motive phase ends it is time for the bears to take control in the bull market for the ensuing correction.thaecorrective phase is a 3 step movement that culminates in wave C after down up sequence in wave A and...