Trending F&O Stocks

[vikas2131]

Thanks. Just saw could ride up to 98 spot. Has trendline resistance there.

that would be 3 %..more than enough to take a trade

 

[Riskyman]

Check Bharti Airtel spot. Price breaking that down trendline not good.

 

[rahulmalik]

All admirers of this forum, can now directly access this thread with a shortened and easy to remember url


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:thumb:

 

[manojborle]

Manoj bhai... EW are very subjective i.e it depends on where you start your wave count. If I count the last 500 hourly bars then this run up is done and next stop should be at 230. However if I count the past 1000 bars, it gives a different picture altogether i.e says price go to 310 or so. If I count the past 2000 bars then the next stop appears to be below 200. So you get the point.

Ab kahan se shuru kare yeh EW counting:annoyed:

Risky bhai
I am going to trade intraday to positional maximum say a week.
So I m not going to look for last 1000 or 2000 bars.
I will just see for recent PA which suggests a move like elliot wave.
Guide line says if wave 2 is small decline then wave 4 will be sharp decline which is present case.

 

[Riskyman]

Risky bhai
I am going to trade intraday to positional maximum say a week.
So I m not going to look for last 1000 or 2000 bars.
I will just see for recent PA which suggests a move like elliot wave.
Guide line says if wave 2 is small decline then wave 4 will be sharp decline which is present case.

Absolutely Manoj bhai. Each trader has his own perspective and I wasnt implying your analysis was wrong or anything to that effect. What I was merely mentioning was the dilemma one has when counting EW. Good luck with your trades. :thumb:

 

[Riskyman]

Check Bharti Airtel spot. Price breaking that down trendline not good.

If Bharti Airtel remains below the upper sloping trend line, we may have below scenario developing??

 

[Riskyman]

Jubiliant Foodworks Spot hourly.. Bearish WW?

 

[vikas2131]

Apollo tyre looks gud for buying

 

[insursi]

Keep an eye on NCC..SOrry to post late.

 

[Riskyman]

Keep an eye on NCC..SOrry to post late.

NCC is what please? FNO stock hai?