BSE CMP 2231
Expansion and contraction
Elliott - here we only take the 50% mark of each swing. The first swing is iii of 3. All the 50% mark now has to be above the 50% mark of this wave for the stock to be expanding. If it is below this mark then the swings are contracting. Now see both the 50% mark in this counter is above the one marked in bold. But what is striking is that the distance has increased significantly in the biggest swing. This is telling us that the stock is expanding and this dip is an opportunity.
Geometry - the stock is now at an imp resistance zone of 2250. the green lines have been found from the current mkt geometry. So all we need is a weekly close above 2250.
Expansion and contraction
Elliott - here we only take the 50% mark of each swing. The first swing is iii of 3. All the 50% mark now has to be above the 50% mark of this wave for the stock to be expanding. If it is below this mark then the swings are contracting. Now see both the 50% mark in this counter is above the one marked in bold. But what is striking is that the distance has increased significantly in the biggest swing. This is telling us that the stock is expanding and this dip is an opportunity.
Geometry - the stock is now at an imp resistance zone of 2250. the green lines have been found from the current mkt geometry. So all we need is a weekly close above 2250.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.