it is overlapping corrective raise and will fall down
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October 2022
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Bank nifty is a corrective raise on daily and expect too fall from here. EW count shows X up done and Y down will start
basically winners will be continue to be winner and losers will not perform like winners. for shorting we choose weak stocks and for long we prefer strong stocks . weekly confirmation is better
@nikhilkukreja one of the weakest stock. better to have weekly confirmation
as per Ew it is double top and may fall or consolidate here as per quarterly chart
• Feb 10 5:01 AM
Nifty 1 hr EW count on future chart
3 wave fall from the top of head won't be effective. only 5 wave fall from top of head will make the target
2-3% in options trading is very low .
• Jan 19 1:38 PM
Amaraj battery Elliot wave markings shows impulse move
1
• Jan 19 1:33 PM
Can fin homes EW wave markings with triangle breakout for potential move
Corrective raise will fall back to the slop trendline before going up
lovely move here. well predicted
I see it going up from here
Most probably will fail
3 waves up. May fail to go up
Yep IT stocks looks to go up at least 50% of it's fall same as NASDAQ