Short AMBUJA CEMENT with 1:17 RR
Ambuja cement is going to fall near about 17% and the stop loss is near to 1% only.
Best time to get the maximum reward.
These types of moves generally come to notice with the ELLIOTT WAVE THEORY, as in this case:
Ambuja cement from its high made wave A sharp and wave B triangle. Wave C is about to come, and if we see wave C near about equal to wave A, the reward is maximum.
Also, wave 5 is extended towards a time high and should be retracted. Half of wave 5 is already retraced and half is left which should be retraced by wave C.
The stop loss is 524 and the target is 426.
Happy trading, guys.
Best time to get the maximum reward.
These types of moves generally come to notice with the ELLIOTT WAVE THEORY, as in this case:
Ambuja cement from its high made wave A sharp and wave B triangle. Wave C is about to come, and if we see wave C near about equal to wave A, the reward is maximum.
Also, wave 5 is extended towards a time high and should be retracted. Half of wave 5 is already retraced and half is left which should be retraced by wave C.
The stop loss is 524 and the target is 426.
Happy trading, guys.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。