Ajay7871

Ajay7871

Sharing my view on Bank of india based on elliott wave theory, where price seems to complete correction phase, but here is the tricky part if price breaks, price will move up.but, if it breaks 137 price level then and then only we can consider the start of wave 5, untill then it will correction uptrend and price can remain sideways.

Ajay7871

#bajfinance will break out of this two year triangle, has a huge potential for long run of becoming blue-chip stock,

Ajay7871

#Bank nifty is moving up but its a correction phase Denoted with WXY in elliott wave theory, above is the possible move. please share it

Ajay7871

#oberoireality is consolidated in daily Timeframe, it looks like triangle pattern, but one needs to be aware has lot of time fake breakout is been seen, good for buying in cash, risk management and patience is important overall bullish for short-term swing.

Ajay7871 Updated 

#Indiacement going long breakout of diagonal pattern

Ajay7871

Good to buy above 2571 start of wave 5, has the FMCG sector of India looks bullish High possibility can go up

Ajay7871

LT can go up in wave 5, has correction wave ABC looks completed, but there can also be a further possibility complex correction WXY, but still stock looks good to buy in cash for short term, proper risk management is also imp. Which plays any crucial role while trading/investing.

Ajay7871

#Dabur made diagonal in one hour timeframe wait for breakout