Hi Sridhar
I’m of the very similar opinion here - Buy it in small chunks at all major support levels. Have already taken one lot (Dec lot) equivalent. Will be slowly adding more as and when I see it at right levels.
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I’m of the very similar opinion here - Buy it in small chunks at all major support levels. Have already taken one lot (Dec lot) equivalent. Will be slowly adding more as and when I see it at right levels.
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Thank You Arun for sharing your views. This kind of conversation helps in bettering our thought process and trading skills.
- If we can assume that Yes Bank is entering wave 4 then we are doing good in our analysis.
- Cupid is showing exhaustion in wave 5 and so wave 5 may not cross wave 3. This generally happens when wave 3 had an extraordinary run. So, my opportunity to exit may have to wait for some more time.
- Ibulhsgfin has possibly entered wave 5. If so, it may give me an exit opportunity.
- I already started buying Tataglobal. It seems to be on a new bullish wave.
- Bata is now entering 2nd subwave of the bullish cycle and we may see some consolidation before it renews its upward journey.
I shared the charts along with wave counts of all these scrips in the above posts. Only thing is that wave count should not be erratic.