Monthly Archives: May 2015

Nifty Update Elliott Wave & Fibonacci: Immediate Resistances. This is just a personal view and neither a recommendation nor a tip nor an advice for any trade. To learn in detail please contact and message me in Inbox.

My Email address is Ruchirgupta2000@gmail.com. Please like and follow my page , made it for teaching Elliott wave and Gann.https://www.facebook.com/pages/Learn-Elliott-Waves-Gann/299034886964403 You can get many updates such as this on my page.

HDIL in its wave 2, Price and Time Analysis: Time is a critical factor in Elliott waves, the correction should always take atleast 38.2% time of the full 1-5 wave time. generally between 38- 62 % and knowing this fact we should not enter HDIL for there is more correction to be made. Price wise, you have seen 50% correction and still 38% time is to be met which will be met not before 8-10 trading days (visual interpretation). This opens the case of 62% retracement level which lies at 87. Wave C is going on. To learn how to project such levels in advance email me at Ruchirgupta2000@gmail.com. Also, like, follow, tag and share my page with your friends and co traders to get free updates.

When you can make yourself cheer by listening to your favorite song and avoid the bad state of mind. You can also do that for trading.

Scientifically it is proven that if you keep thinking about the mistakes you will keep doing them again and again. While, if you realize that mistake and think that what could be done better next time and even what all good things you did, even in this bad trade, that’s when the change starts coming in.

Also, the name stop loss is a negative term in it self. When you are said not to think of a white elephant, what do you do? You first think of white elephant only. In the same manner when you told not worry about money you are actually starting to worry about money. The term “stop loss” is doing the same, you can start using the term just “stop” instead of stop loss.