MAHANAGAR GAS LTD.Penjualan
INTERMEDIATE WAVE Y BOUNCE.EXIT LONGS BETWEEN 1145-1165
WXY DOUBLE ZIGZAG DONE@1227.LOOKS LIKE THIRD
CORRECTION IS GOING ON IN INTERMEDIATE DEGREE WHICH IN ITSELF
IS MAKING WXY OF LOWER DEGREE OF WHICH WAVE W AND X
HAS BEEN DONE RULING OUT THE SCENARIO OF WAVE X BEING
A TRAINGLE.FURTHER WAVE Y HAS STARTED AND 1:1 EXTENTION
TGT COMES @ 1020 ALONG WITH 50% RETRACEMENT OF ENTIRE
WAVE Y PRIMARY DEGREE COMING @ 1005.FRESH LONGS CAN BE
INITIATED BETWEEN 1005-1010 PROVIDED STOCK GIVES REVERSAL
CANDLE ALONG WITH GOOD VOLUMES.FURTHER POSSIBILITY OF PRICE EXTENDING TILL
161.8% OF WAVE W INTERMEDIATE CANNOT BE RULED OUT AS LAST TIME WAVE Y OF
INTERMEDIATE DEGREE DID EXTENDED TILL161.8% OF WAVE W INTERMEDIATE
SHORT @1144 LEVELS WITH STOP LOSS @1205 AND TGT @1010.
DISCLAIMER:TRADE SHOULD NOT BE TAKEN ONLY ON THE BASIS OF THIS ANALYSIS. ONE SHOULD UNDERSTAND THE RISK ASSOCIATED WITH THIS SETUP AND ACT ACCORDINGLY AND INDEPENDENTLY AS THIS ARE JUST MY VIEWS THAT I AM SHARING.
CORRECTION IS GOING ON IN INTERMEDIATE DEGREE WHICH IN ITSELF
IS MAKING WXY OF LOWER DEGREE OF WHICH WAVE W AND X
HAS BEEN DONE RULING OUT THE SCENARIO OF WAVE X BEING
A TRAINGLE.FURTHER WAVE Y HAS STARTED AND 1:1 EXTENTION
TGT COMES @ 1020 ALONG WITH 50% RETRACEMENT OF ENTIRE
WAVE Y PRIMARY DEGREE COMING @ 1005.FRESH LONGS CAN BE
INITIATED BETWEEN 1005-1010 PROVIDED STOCK GIVES REVERSAL
CANDLE ALONG WITH GOOD VOLUMES.FURTHER POSSIBILITY OF PRICE EXTENDING TILL
161.8% OF WAVE W INTERMEDIATE CANNOT BE RULED OUT AS LAST TIME WAVE Y OF
INTERMEDIATE DEGREE DID EXTENDED TILL161.8% OF WAVE W INTERMEDIATE
SHORT @1144 LEVELS WITH STOP LOSS @1205 AND TGT @1010.
DISCLAIMER:TRADE SHOULD NOT BE TAKEN ONLY ON THE BASIS OF THIS ANALYSIS. ONE SHOULD UNDERSTAND THE RISK ASSOCIATED WITH THIS SETUP AND ACT ACCORDINGLY AND INDEPENDENTLY AS THIS ARE JUST MY VIEWS THAT I AM SHARING.
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