yogi_sharma_elliottician

yogi_sharma_elliottician Updated 

Analysis on the chart. Thank you.

yogi_sharma_elliottician

Wave count on the chart. Take your position accordingly.

yogi_sharma_elliottician

Analysis on the chart

yogi_sharma_elliottician

Look for this possibility.

yogi_sharma_elliottician

we won't be selling till we find impulse downside.

yogi_sharma_elliottician

Analysis on the chart. Triangle is yet to be formed, trade keeping this point on mind.

yogi_sharma_elliottician Updated 

Risk takers sell at current level/rise with Sl 658 and target 634 Safe traders only below 643 w/ sl 655 and target 634

yogi_sharma_elliottician

Looks good to sell near 750 with sl 777, trg 658/624. Ignore pitchfork, that is for my reference. Thank you

yogi_sharma_elliottician

Analysis on the chart

yogi_sharma_elliottician

Will look for right shoulder, but keep in mind structure is not formed yet. The waves suggests the formation of H&S.

yogi_sharma_elliottician

Looks like more downside is left in the tank, will keep a track on 3rd and 4th wave to trade 5th wave.

yogi_sharma_elliottician

Going well as predicted previously. We are in 3rd wave, trade accordingly. Thank you

yogi_sharma_elliottician Updated 

In my previous count, we were looking for ED (rising wedge in classical terms). It bounced from the said support zone (check previous chart) and rose some 500 points, later it just moved in a flat base and fell again to crucial support at 27050 to 27174. It has to hold above to see further push and to move towards 27600/27800/28000 levels. This levels are later...

yogi_sharma_elliottician

Kpit may find support soon at 98/92 level. For now more downside.

yogi_sharma_elliottician

We waited patiently for completion of wave 1 and as we are in wave 2 we are expecting to touch 410/408 level which can be good to go long,trg and sl mentioned on the chart. Below that level we can see 403 and 397 levels. If we get opportunity to go long there, well that would be great. Now, if we sell at this level for wave 2, for target 410/408, the SL would be...

yogi_sharma_elliottician Updated 

This is not a good sign for the bulls, if the pattern is completed today, then we may see 10860/10900 levels soon. If we look at the chart, it pushed from the major support filling the gap and closed near 10780. If this is start of an impulse then bears will take the grip soon, assuming its 'wave a' then completion of 'wave b' can be in 10860/900 level. From the...

yogi_sharma_elliottician

We witnessed a broadening wedge and posted a idea recently in the favor of bears, now being biased from the bull side, we can consider this X as a running flat. How we can plan the trade- If it holds above 10740 go long for target 10860/900/925 be cautious at the same level and remember 10925 is a major hurdle, if it crosses 10925/30 level and hold above it...

yogi_sharma_elliottician Updated 

Safe traders will enter only after breakdown of neckline. Risky traders will short near 672. SL and target on the chart. Thank you.