yogi_sharma_elliottician

yogi_sharma_elliottician

Breakout after completion of triangle i.e after reversing from point e of 4 and above 1726.6 will move the stock towards 1810 level. Thank you.

yogi_sharma_elliottician

Reliance may find support at 1304/1295 levels, which will push the stock at 1362 level till it holds 1279.8 level. Thank you.

yogi_sharma_elliottician

The nifty has successfully reached upper targets, but now be cautious as nifty may come towards 326/249 level, before moving towards 10505 again

yogi_sharma_elliottician

This stock can be a good buy near 202 level for target 238/254 and above, till it doesn't fall below 183 level. Thank you

yogi_sharma_elliottician

Strong above 634 for target 656/682 till it doesn't go below 603 and/or the channel is intact. Thank you.

yogi_sharma_elliottician

Dips can be used to go long for target 274/85/89 till it holds above 239 level. Thank you.

yogi_sharma_elliottician Updated 

Axis bank can move towards 720 level, till the high is not broken. Thank you

yogi_sharma_elliottician

Weak below 1065, for target 1046/30, rise can be used to short till it doesn't move above high. Thank you.

yogi_sharma_elliottician

Till this channel is intact, this stock will make new high again. Thank you.

yogi_sharma_elliottician

In my last update we didn't find reversal at 11150 but here we can get reversal at 11450/499 level towards 11348/11240 level. The middle messy part, leave it. Thank you

yogi_sharma_elliottician

Looks like more upside is left in the tank. Thank you.

yogi_sharma_elliottician Updated 

We are out of the trade and pattern became in valid as soon as it made new high. Now dips can be used for going long(near 1313 level) for target of 1345/65 till it is above 1291 level Thank you.

yogi_sharma_elliottician

Yeah I know I am not that great in classical analysis, but this stocks look bullish above 600 on closing basis towards 645/85 levels. Thank you.

yogi_sharma_elliottician Updated 

Target and SL on the chart. Thank you.

yogi_sharma_elliottician

Bata- we may see new high towards 1370/80 range. We were short earlier near 1300 level in my first idea of bata. Soon, we booked few points profit and closed the trade manually. The reason behind it - I was not satisfied with the completion of wave.We may again see new high where we would look to sell. There are many times we book only half of the target or few...

yogi_sharma_elliottician Updated 

Trading against the trend and going long once it holds 714/16 level for target 762. For sl wait for reversal and will update you with that. Risk takers can go long at the said level only and only IF IT HOLDS, with your risk management. Reason to trade-1. This pattern has potential to fail and trap bears. You can look for indicators and volume to check that(which...

yogi_sharma_elliottician

Well, sl hit and fell again just exceeding 1.6 points. Reason- alternate count. Never the less, we are still on selling side. Sell on rise with sl 1169.70 and target mentioned on the chart. I have even kept previous short position tool to see where it went wrong. Thank you.

yogi_sharma_elliottician

Reliance Has been a good catch from the start. Fetching more than 200+ points on both the sides within few weeks. Now again as mentioned in my previous idea , we were looking to sell right shoulder which seems it has completed. Target and sl on the chart. Thank you.