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joel-vg
27 feb 2017 20:14

sintex a multi bagger Long

Descrizione

Sintex as per elliott wave should be completing one wave today to go up between 96.5 to 97.5

and then will retrace wave 2 may be upto 94 levels

wave 3 should then start which should target a minimum of 160

Trade attivo

today to go up between 96.5 to 97.5

Commento

97 is 62 % extension for wave 5

Commento

Commento

appears like the fifth wave is moving as an ending diagonal

Trade chiuso: obiettivo raggiunto

trade achived today itself

Commento

Commento



IF Wave 2 is completed - we will not get any retracement

if wave 2 is not completed - then we will get some retracement

to me it appears like wave 2 not completed - hence we can get a retracement

it looks like it will go into an irregular correction

Commento

Commenti
anishg86
Hi Joel ,

Very Informative Chart on Sintex:) Do you believe that Sintex can cross 100 in coming few days? What does ur chart say about that ?

Regards
Anish
joel-vg
@anishg86,

Dear anish , thanks for the complement .
as per elliott wave - sintex is in heat of wave 3 - means it is highly bullish
right not an ending diagonal pattern is going on - it can zig -zag between 90 to 100 for few more weeks to maximum one month
as per wave theory - there should be a break out above 100 within one month
Altro