persistenttrader
Short

Short for wave-c

NSE:TATAMOTORS   TATA MOTORS LTD
This is in continuation of my previous idea in which wave-a was capitalized. Now is the time to capitalize on wave-c.

C = A gives:
453.60 (end of A) - (470-436 i.e. A) = 419..6

So, short at 446.5 (CMP spot)
SL 450.6 (2 of B started here)
Target: 419.6
Trade closed manually: Stopped out at 450.6

What this actually means is: the A-B-C we anticipated to end at 453.6 was actually 'a of A' and that C is still pending. Even if the stop is hit technically, I had kept the position open and then closed it at 447 (presumably the B). We have a new strategy to short around 458 levels. More on that in next idea.

I would urge the readers to comment so that I can improve on these items and improve application of Elliott Wave as well.

Thanks
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out