Weekly Time Frame:
Elliott Wave Analysis: ABCAPITAL has completed wave (4) in Blue on the weekly time frame and is possibly unfolding wave (5) in Blue.
Current Stage: A closer look at the daily time frame reveals the completion of wave 1 in Red, and a potential near-completion of wave 2 in Red.
Invalidation Level: Strict invalidation set at the low of wave...
ABCapital - Elliott Wave Count
This is an update to the previous view.
still, the market is in correction and can expect another low. whoever takes a long position based on our earlier view can book the profit here and wait for a reversal from the 170 range.
Please exercise caution when trading as this information is for educational purposes only.
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ABCAPITAL trading in ascending triangle pattern Keep eye on breakout of pattern
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
NSE:ABCAPITAL
Abcapital looks good for potential breakout in Weekly . breakout might be happen around 112-115. but after breakout , NSE:ABCAPITAL might do consolidation or trendline retest . hence need to be watchful
A/c to Derivative Data
1. New Long addition seen
2. High Interest in Future Open Interest
