CNX Realty VS Nifty & CNX Realty CMP 816
Elliott- The first ABC correction is a zig zag. The wave B is an expanded flat corrective pattern which is clearer on the ratio chart. It is again very clear from this chart that a corrective pattern has emerged post the completion of zig zag. This is an expanded flat corrective pattern which should go minimum to the 970 zone. This is a good 18% from the current levels. Which means some of the stocks can move 30 to 40%.
Conclusion- Do not take this rally seriously. Book ur profits and exit as another set of ABC correction will begin post its completion. So yet another Index showing a strong rally. Make money and exit.
Elliott- The first ABC correction is a zig zag. The wave B is an expanded flat corrective pattern which is clearer on the ratio chart. It is again very clear from this chart that a corrective pattern has emerged post the completion of zig zag. This is an expanded flat corrective pattern which should go minimum to the 970 zone. This is a good 18% from the current levels. Which means some of the stocks can move 30 to 40%.
Conclusion- Do not take this rally seriously. Book ur profits and exit as another set of ABC correction will begin post its completion. So yet another Index showing a strong rally. Make money and exit.
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.