This folk from India is Analyzing your Stock market, I hope you will Like IT!!
HERE WE GO WITH THE DETAIL
As we can clearly see that market has Completed its Wave 3 (Wave 3 is an impulse wave of Elliot wave structure) and Wave 3 is Extended Wave to 3.618 % of Wave 1.
So Wave 4 would be 0.382 % of Wave 3 ( Wave 4 is Corrective wave in Elliot wave theory).
SO HERE IS THE TRADE SELL KSE100 @ 118,000-120,000 TARGET @ 87000 SL @ 123,000
NOTE : THIS IS FOR EDUCATIONAL PURPOSE ONLY PLEASE REFER TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.