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Elliottwaveforecasts

Bajaj finance - wedge patternNSE:BAJFINANCE in detail As per technically stock might seem bullish, research firms have given the target that it can reach 5800+++, It might reach but still technically stock is in wedge pattern and travelling in final leg of the pattern (E(c)). as per this pattern stock might complete by reaching 5200+++ and come down. Let see what happens in future Disclaimer - post are only for educational purpose for further details please reach us through writetomonk@gmail.com or 9884344490
NSE:BAJFINANCELong
by Raj_marketmonk
SPY/ ES: Where are we and where are we headed?Based on a Fibonacci projection of waves 1 & 2 coupled with bullish MFI divergence a reasonable assumption can be made we have already bottomed in a third wave (see horizontal white line that ends w/ an arrow) or are probably pretty close. Once the fourth wave up is complete we will have more knowledge to apply in terms of predicting where 5 will terminate but based on probabilities if 4 retraces 50% of 3 then the spot marked w/ 4 in my wave count represents the expected target and again, based on probabilities if 5 is equal to 1 in magnitude then a bottom may be in the region shown at the bottom right shaded bar (corresponds w/ 5). Please ask any questions you have.
CME_MINI:ES1!Long
by TNasr
5