Hi Friends,
While I have been always posting all the time about what's in store for Markets ahead. Today I'm writing about how I made Money using Elliott Waves.
Yes! You are reading it Right. I made over 400% Return in JM Financial in about 1.5 years using Elliott Wave Analysis.
Identification of Bull Market:-
JM Financial was in Downtrend since 2008-2012. It finally broke out of the Downtrend in May 2013 as visible from the above Chart. It tried to retest the Breakout and Finally closed above 21 in Oct 2013 to Confirm End of Long Term Bear Market. Once the Bull Market was Identified next step was to decide Entry Point which shall give Better Risk Reward.
Facebook Link
https://www.facebook.com/trendonomics/posts/1182422775225025
For detailed analysis & Charts please follow the Blog Link Below.
https://trend-o-nomics.blogspot.in/2017/11/how-i-made-over-400-return-in-jm.html
Thanks & Rgards,
Harsh Dixit.
While I have been always posting all the time about what's in store for Markets ahead. Today I'm writing about how I made Money using Elliott Waves.
Yes! You are reading it Right. I made over 400% Return in JM Financial in about 1.5 years using Elliott Wave Analysis.
Identification of Bull Market:-
JM Financial was in Downtrend since 2008-2012. It finally broke out of the Downtrend in May 2013 as visible from the above Chart. It tried to retest the Breakout and Finally closed above 21 in Oct 2013 to Confirm End of Long Term Bear Market. Once the Bull Market was Identified next step was to decide Entry Point which shall give Better Risk Reward.
Facebook Link
https://www.facebook.com/trendonomics/posts/1182422775225025
For detailed analysis & Charts please follow the Blog Link Below.
https://trend-o-nomics.blogspot.in/2017/11/how-i-made-over-400-return-in-jm.html
Thanks & Rgards,
Harsh Dixit.
5 comments:
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