Astute_Dharini_Trades

Astute_Dharini_Trades

PFC shows signs of the correction ending where it can start a wave 5 impulse or a wave X correction depending upon the impulse or corrective that will be forming now. always protecting capital is important in any investing cycle

Astute_Dharini_Trades

REC shows correction ending here for the next impulse on wave 5. as the price moves upside clearing the hurdles of the daily averages and gains momentum would be a good indication that the correction pattern is valid. always protecting the capital would be first target during investing in capital markets

Astute_Dharini_Trades

UBL chart shows a WXYXZ correction pattern on wave 4. as per EW theory after 3 times of ABC correction it indicates a completion of a leg, and the next leg would start after it. preserving capital is the foremost important target of any trader rather than looking for profit. Elliot wave pattern is just a probability of the wave pattern.

Astute_Dharini_Trades

HUL weekly chart show are still in higher time frame wave 4 consolidation, and we might have done with wave A of the last leg to raise on B and then fall on C to finally complete the corrective phase on the stock, The chart only shows probability of wave patterns and does not guarantee movement on this pattern as this depends on herd psychology and its behavior....

Astute_Dharini_Trades

As per EW count one leg of correction might have been completed here to raise on the next leg. the raising leg of correction or impulse will decide if it is forming an X wave or the bigger wave 5 breaking out the previous top. Always risk reward along with strike rate would make profit flowing consistently

Astute_Dharini_Trades

SUN tv possibilities of correction pattern. most probably the down leg is down now for a pull back to fall again to continue correction until impulse move is seen on the rise. protecting capital and the first target for any trade to be successful. probability is just shown on the chart

Astute_Dharini_Trades

Thoughts of Media. wave analysis shows that we seem to be in wave 2 consolidation before the up move

Astute_Dharini_Trades

the weekly chart of the script shows corrective raise and fall for a prolonged period and exhibits some move from the channel pattern and wave counting that there is next move for c as shown in the chart.

Astute_Dharini_Trades

the script is undergoing complex correction and has high probability of wave y unfolding to reach the bottom of the channel to make a retracement on higher degree wave 4

Astute_Dharini_Trades

as per EW analysis if the high is not taken out then there are high possibilities of wave C as the rise is overlapping and corrective and high probability of reaching previous wave 4 is possible.

Astute_Dharini_Trades

the script is under complex correction after a full cycle completion in which the wave c of x can start as per the EW analysis. corrective waves are difficult to trade as they are known mostly by end of its pattern, extra care is needed to see how the waves unfold in the coming weeks. the low of the previous impulse was broken at the bottom and shows this could be...

Astute_Dharini_Trades

the script is going through a complex correction which would be difficult to trade. as per the EW analysis the wave X is in progress in which wave c can unfold in the coming days. this is supported by the channel technique which is at the bottom now with good risk reward ratio.

Astute_Dharini_Trades

the script has the possibility of completing correction here and moving to the next wave 5 in the coming weeks as per the EW analysis and channeling technique. this point would be good to have a favorable risk reward ratio.

Astute_Dharini_Trades

As per the EW analysis wave 4 should be ending now to start the next wave. the fib retracements and channel technique also correlate the wave counting. this point would be good to have a favorable risk reward ration

Astute_Dharini_Trades

There is a good possibility that wave 4 is done and next wave can start from here for this script as per the fib ratio, EW analysis and channel pattern. This could be a good point of good risk reward ratio.

Astute_Dharini_Trades

The EW analysis shows a corrective raise in tge script which has high potential to have wave c starting anytime soon, good risk reward ratio to keep tight stop loss is seen in the chart

Astute_Dharini_Trades

interesting wave formation on Raymond chart which is showing an upward slanting wave 4 which could have been done for the next impulse to start

Astute_Dharini_Trades

the script shows an impulse rise on daily after wave 4 completion and the minor degree of wave 2 should be in progress to then turn around to complete the wave 5 of bigger degree as per the EW analysis on the chart