Weekly Chart
- LIC Housing in a structural Bull run.
- The stock is in Elliot Wave III of primary degree
- Is the move from 390 - 511 impulsive or still corrective ?
Stock has started its Wave (3) of III or we are yet to complete Wave (2) of III in the form of running flat or expanded flat correction ?
In medium to long term Wave (3) of III could have a potential 608/ 655/ 950 odd levels
But only appropriate Risk/Reward ratio (Entry, Exit & Stop loss levels) along with good money management techniques would be the mantra to attain trading
and/or investing success.
To Know more about Elliot Wave Counts and where probably markets
are heading towards
, educate yourself with us from simple to advanced concepts contact us.
Raju V Angadi
Equity Research Analyst
To Learn simplified objective approach applying Advanced concepts of Elliot Wave Theory in conjunction with Dow Theory
& Psychological traits to trade with some common sense & optimize
your investment / trading decisions contact on:
/ For Bangalore, India Workshops on Technical Analysis Contact on:
rvangadi@googlemail.com
No comments:
Post a Comment