WAVE 1 : Wave 1 can be either a 5 Wave Sequence structure or a 3 Wave Sequence structure as well, but a 3 Wave Sequence comprises of two 5 Wave Impulse structure hence when Wave 1 is a 3 Wave Impulse WAVE 3 is supposedly way bigger than WAVE 1.(In the above pic also we see WAVE 1 is a 3 Wave Impulse structure.) Let's Move to WAVE 2 . . . WAVE 2 : Wave 2 and...
As per my analysis NSE:ASHOKLEY best entry level is 143.50. Can hold positionally till targets of 151, 158 & 161 My stop loss will be 133.00 Note: This is my personal analysis, only for learning. Thanks.
Ashok Leyland 95 very good support if break out below it will come 87 but if break out strong support 87 i expect freefall
Nasdaq could not break our resistance area at 12188.7 that area was tested three times and after that it formed a doji candlestick telling us that the market has change direction and sellers are in control now