Wednesday, November 5, 2014

Axis Bank Elliott Wave Analysis Report

When I see at this chart closely, it seems that just inner wave (3) of bigger 3 is in progress and inner wave (4) and (5) of bigger 3 followed by bigger 4 and bigger 5 is still pending. I will hold my full position till the end of bigger wave 3 or till my trailing stoploss hits. Will cover my 50% at end of big wave 3 and will hold rest 50% for bigger wave 5.